Crypto payment via social networks? Coinbase did it!

Thu 07 Dec 2023 ▪ 3 min of reading ▪ by Ariela R.
Getting informed Centralized Exchange (CEX)

Challenge accepted for Coinbase! Following the launch of its wallet, the exchange is revolutionizing crypto payments with a new feature. This feature allows for transfers using links on social media platforms. More details in the following paragraphs!

Actu exchange crypto Coinbase
On Coinbase, it’s now possible to make crypto payments via social networks

Coinbase Wallet Redefines Crypto Transfers on Social Media

Considered a global leader in exchanges, Coinbase has introduced an innovative feature within its decentralized wallet product. The objective of this approach: to greatly simplify crypto transactions.

Specifically, Coinbase now allows users to create direct links from their crypto wallet. These can be shared across various social media platforms, including:

  • WhatsApp,
  • iMessage,
  • Telegram,
  • Facebook,
  • Snapchat,
  • TikTok,
  • Instagram.

It’s even possible to share the crypto transaction links via email. With just a few clicks, Coinbase users can instantly transfer certain assets (including USDC). There’s no longer the need to download multiple applications!

Coinbase Expands Its Influence with Borderless Transfers

Available in over 170 countries and supporting 20 languages, the new feature of Coinbase Wallet eliminates traditional fees associated with international transfers. Recipients can easily claim their crypto assets by clicking on the shared link. This avoids the waiting times and often high costs associated with cross-border transactions.

But that’s not all! Thanks to this new feature, there is no longer a need to manage complex banking information. What’s more, users of the Coinbase crypto exchange can send funds to their friends and family around the world with ease. They thus benefit from a transparent, fast, and cost-free crypto payment experience.

With its wallet and social payments, Coinbase is therefore offering a revolutionary crypto experience. This latest upgrade once again positions the crypto exchange as an unrivaled international money transfer solution. It remains to be seen if the feature will please users!

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Ariela R. avatar
Ariela R.

Je m'appelle Ariela et j'ai 31 ans. J'oeuvre dans le domaine de la rédaction web depuis maintenant 7 ans. Je n'ai découvert le trading et la cryptomonnaie que depuis quelques années. Mais c'est un univers qui m'intéresse beaucoup. Et les sujets traités au sein de la plateforme me permettent d'en apprendre davantage. Chanteuse à mes heures perdues, je cultive aussi une grande passion pour la musique et la lecture (et les animaux !)


The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.