Coinbase launches direct crypto conversions for its customers

On December 18, a crypto exchange Coinbase announced the launch of a new feature called Convert, which customers can use to convert one cryptocurrency into another.

Initially, customers can convert between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX), or Bitcoin Cash (BCH). Converting is available on and in the iOS and Android apps. According to the announcement, conversions complete instantly and at a lower cost than if done via two separate transactions.

The exchange writes it will be gradually rolling out the ability to convert cryptocurrencies to customers in all 34 countries in which Coinbase offers native payment access.

On December 14, Coinbase enabled PayPal withdrawals for US customers.

One reply on “Coinbase launches direct crypto conversions for its customers”

Coinbase is associated with market manipulations for reason. Their favorite trickery is insider trading that is obviously not healthy for the market.

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