{"id":564141,"date":"2023-12-06T14:00:46","date_gmt":"2023-12-06T14:00:46","guid":{"rendered":"https:\/\/ktsl888.com\/?p=564141"},"modified":"2023-12-06T13:21:09","modified_gmt":"2023-12-06T13:21:09","slug":"coinbase-introduces-new-features-for-global-remittances","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/coinbase\/coinbase-introduces-new-features-for-global-remittances\/","title":{"rendered":"Coinbase Introduces New Features For Global Remittances"},"content":{"rendered":"

Coinbase<\/a>, an American-based cryptocurrency exchange, has revealed its latest wallet features for transferring money internationally without going through the traditional hurdles.<\/p>\n

Significance Of Coinbase New Transfer Features<\/span><\/h2>\n

On Tuesday, Coinbase <\/span>announced<\/span><\/a> its latest feature for its wallet to simplify and hasten global money transfers. The new feature is presented as a user-friendly procedure.<\/span><\/p>\n

According to the crypto firm, the new initiative is described as “Send money with a link.” Within the Coinbase Wallet, users can generate a link to distribute via their favorite social media platforms.<\/span><\/p>\n

Related Reading: Coinbase (COIN) Up By 250% \u2013 Here\u2019s Why It\u2019s Outperforming BTC And ETH<\/a><\/div>\n

However, the exchange noted that the wallet must be owned by both the receiver and the sender of the money. Furthermore, users who do not have the wallet, when emailed a link, will be prompted to download it from Apple or Android app stores.<\/span><\/p>\n

The crypto company further asserted the safety of the new initiative. Coinbase noted that failure to retrieve sent funds within weeks will automatically send the money back to the sender. The company stated:<\/span><\/p>\n

When your recipient clicks the shared link, it\u2019ll take them into the Coinbase Wallet app to claim or direct them to download the Coinbase Wallet app on iOS or Android and create a new wallet in just 1-click. It\u2019s that simple. And if the funds are not claimed within 2 weeks, they will automatically be returned to the sender.<\/span><\/p><\/blockquote>\n

Coinbase has highlighted several situations where this new feature is “very efficient and helpful.” These include paying off debts with friends, giving last-minute gifts, and tipping tour guides and other service providers.\u00a0<\/span><\/p>\n

In addition, the feature sparks a swift money-sending procedure. This eliminates downloading different apps or sorting through many usernames and profiles. <\/span>Furthermore, the crypto firm asserted that the new feature is vital for people in high-inflation economies.<\/span><\/p>\n

Latest Feature To Eliminate Payment Irregularities<\/span><\/h2>\n

The procedure eliminates the expenses and complications of using traditional methods to send money globally. Traditionally, sending money globally has required sifting through a complex web of bank account and routing details.\u00a0<\/span><\/p>\n

Related Reading: Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC<\/a><\/div>\n

In addition, these transactions take longer to process, mostly up to five working days. However, the Coinbase wallet boasts instantaneous settlement and zero-fee transactions.<\/span><\/p>\n

Coinbase wallet<\/span><\/a> is supported by over 170 countries worldwide and is available in 20 languages. This guarantees the ability to send and receive money virtually anywhere.<\/span><\/p>\n

Furthermore, it currently supports local fiat onramps from more than 130 countries. These include top payment processors like Pix in Brazil, Instant P2P Bank in Nigeria, and GCash in the Philippines.<\/span><\/p>\n

\"Coinbase\"
Coinbase (COIN) currently at $140 on the daily chart | Source: COIN on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image by Shutterstock, chart by Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Coinbase, an American-based cryptocurrency exchange, has revealed its latest wallet features for transferring money internationally without going through the traditional hurdles. Significance Of Coinbase New Transfer Features On Tuesday, Coinbase announced its latest feature for its wallet to simplify and hasten global money transfers. The new feature is presented as a user-friendly procedure. According to the crypto firm, the new initiative is described as “Send money with a link.” Within the Coinbase Wallet, users can generate a link to distribute via their favorite social media platforms. Related Reading: Coinbase (COIN) Up By 250% \u2013 Here\u2019s Why It\u2019s Outperforming BTC And ETH However, the exchange noted that the wallet must be owned by both the receiver and the sender of the money. Furthermore, users who do not have the wallet, when emailed a link, will be prompted to download it from Apple or Android app stores. The crypto company further asserted the safety of the new initiative. Coinbase noted that failure to retrieve sent funds within weeks will automatically send the money back to the sender. The company stated: When your recipient clicks the shared link, it\u2019ll take them into the Coinbase Wallet app to claim or direct them to download the Coinbase Wallet app on iOS or Android and create a new wallet in just 1-click. It\u2019s that simple. And if the funds are not claimed within 2 weeks, they will automatically be returned to the sender. Coinbase has highlighted several situations where this new feature is “very efficient and helpful.” These include paying off debts with friends, giving last-minute gifts, and tipping tour guides and other service providers.\u00a0 In addition, the feature sparks a swift money-sending procedure. This eliminates downloading different apps or sorting through many usernames and profiles. Furthermore, the crypto firm asserted that the new feature is vital for people in high-inflation economies. Latest Feature To Eliminate Payment Irregularities The procedure eliminates the expenses and complications of using traditional methods to send money globally. Traditionally, sending money globally has required sifting through a complex web of bank account and routing details.\u00a0 Related Reading: Coinbase Holds $25 Billion Worth Of Bitcoin, Becomes Largest Holder With 1M BTC In addition, these transactions take longer to process, mostly up to five working days. However, the Coinbase wallet boasts instantaneous settlement and zero-fee transactions. Coinbase wallet is supported by over 170 countries worldwide and is available in 20 languages. This guarantees the ability to send and receive money virtually anywhere. Furthermore, it currently supports local fiat onramps from more than 130 countries. These include top payment processors like Pix in Brazil, Instant P2P Bank in Nigeria, and GCash in the Philippines. Featured image by Shutterstock, chart by Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":564145,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[88391],"tags":[176,215,1379,1393,24903,87205,90808,3307,3423,90809],"class_list":["post-564141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coinbase","tag-android","tag-apple","tag-coin","tag-coinbase","tag-coinbase-wallet","tag-coinusdt","tag-gcash","tag-p2p","tag-philippines","tag-pix"],"acf":[],"yoast_head":"\nCoinbase Introduces New Features For Global Remittances<\/title>\n<meta name=\"description\" content=\"Coinbase, an American-based cryptocurrency exchange has revealed its latest wallet features for transferring money internationally.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/ktsl888.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Coinbase Introduces New Features For Global Remittances","url":"http:\/\/ktsl888.com\/news\/coinbase\/coinbase-introduces-new-features-for-global-remittances\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/coinbase\/coinbase-introduces-new-features-for-global-remittances\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/Coinbase-loge-by-Shutterstock.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/Coinbase-loge-by-Shutterstock.jpg?fit=392%2C280"},"articleSection":"Coinbase","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["android","apple","coin","coinbase","coinbase wallet","coinusdt","gcash","p2p","philippines","pix"],"dateCreated":"2023-12-06T14:00:46Z","datePublished":"2023-12-06T14:00:46Z","dateModified":"2023-12-06T14:00:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Coinbase Introduces New Features For Global Remittances\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/coinbase\\\/coinbase-introduces-new-features-for-global-remittances\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/coinbase\\\/coinbase-introduces-new-features-for-global-remittances\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Coinbase-loge-by-Shutterstock.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Coinbase-loge-by-Shutterstock.jpg?fit=392%2C280\"},\"articleSection\":\"Coinbase\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"android\",\"apple\",\"coin\",\"coinbase\",\"coinbase wallet\",\"coinusdt\",\"gcash\",\"p2p\",\"philippines\",\"pix\"],\"dateCreated\":\"2023-12-06T14:00:46Z\",\"datePublished\":\"2023-12-06T14:00:46Z\",\"dateModified\":\"2023-12-06T14:00:46Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/12\/Coinbase-loge-by-Shutterstock.jpg?fit=392%2C280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/564141"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=564141"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/564141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/564145"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=564141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=564141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=564141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}