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U.S. Users Will Soon Be Able To Deposit Their Salary Directly Into Coinbase Account

Mary Liu

Summary: Coinbase announced on Monday that it will launch a new feature for its US users within a few weeks, allowing them to directly deposit any percentage of their salaries into the Coinbase account. Under the new features, users will be able to set up one-time or regular purchases, earn interest on income assets, or use ...

Coinbase announced on Monday that it will launch a new feature for its US users within a few weeks, allowing them to directly deposit any percentage of their salaries into the Coinbase account. Under the new features, users will be able to set up one-time or regular purchases, earn interest on income assets, or use their Coinbase card to spend.

Coinbase stated that it has worked with a number of companies to enable employees to receive cryptocurrency compensation, including M31 Capital, Nansen, and Super Rare Labs.

Coinbase also announced a new feature of its Visa debit card, which can provide customers with up to 4% crypto rewards. Starting this week, Coinbase Cardholders can earn crypto rewards by spending US dollars. Coinbase Card has expanded the list of supported assets includes Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), The Graph (GRT), Stellar Lumens (XLM), Dai (DAI), Amp (AMP), and Rally (RLY).

By Mary Liu

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