Crypto exchange Coinbase will launch a new feature for its U.S. customers that will allow them to directly deposit their paycheck into a Coinbase account.
„In the coming weeks, we’ll launch the ability for customers in the US to get paid directly into Coinbase. Customers can get paid in crypto or US dollars and can choose any percentage of their paycheck to deposit,” the company said Monday. „With direct deposit, customers can more easily access our crypto-first financial services and be ready for any trade or purchase.”
With the new feature, users will be able to set up once and make recurring buys, earn interest on yield-generating assets or spend with their Coinbase Card, depending on whether they choose to get paid in U.S. dollars or crypto. Coinbase said it can convert users’ direct deposits into either U.S. dollars or any of the supported 100 plus cryptocurrencies on its platform.
Coinbase further said that it has also partnered with several companies to enable staff to get pa
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