Coinbase
Wallet Users Can Now By Crypto Within the App
Coinbase Wallet users can bow
use fiat currency to buy crypto within the app itself. Previously, the
wallet’s users had to buy crypto on Coinbase or another exchange, to move the
funds to the wallet.
Now users can buy
cryptocurrency from within Coinbase Wallet without having to use a
cryptocurrency exchange, through a “buy or transfer” option on the Wallet’s
home screen. In a blog post, Coinbase wrote:
“Wallet allows users in every part of the
world to store their own crypto and use popular dapps like Compound and
Uniswap. However, until now, anyone new to crypto had to buy their first
cryptocurrency from an exchange, and then transfer it over manually to their
Wallet apps.”
Initially, the feature will be
rolled out to Coinbase Wallet users on Android devices in the US, with iOS
support coming in next. Support for the services in other regions is slated
to follow in the near future.
