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Coinbase Rolls Out Updated Withdraw System Enabling Instant Crypto To Fiat Conversion

Emily Mason

Summary: Popular crypto exchange Coinbase has launched new upgrades which will allow users to make instant crypto withdrawals in nearly 40 countries including the US and the UK, according to a recent blog post. Customers in affected countries will be able to withdraw funds with a linked Visa debit card. In the U.S. users will also be ...

Popular crypto exchange Coinbase has launched new upgrades which will allow users to make instant crypto withdrawals in nearly 40 countries including the US and the UK, according to a recent blog post.

Customers in affected countries will be able to withdraw funds with a linked Visa debit card. In the U.S. users will also be able to withdraw funds with Mastercard.

The interface will also allow users to select between instant or standard withdraws and preview arrival times. The new feature will make it easier for Coinbase customers to quickly convert their crypto to fiat and spend.

Instant withdraws come with added fees. In the US customers will be charged a 1.5% fee while those in the UK and EU will be charged up to 2%.

By Emily Mason

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Link: Coinbase Rolls Out Updated Withdraw System Enabling Instant Crypto To Fiat Conversion   [Copy]
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