Coinbase Pay is a new feature for the crypto exchange platform, Coinbase, which lets users add funds directly to their wallets instead of the previously tedious method.
Before now, you needed to log into your Coinbase account through the website, buy a crypto and enter your wallet address to transfer the funds needed. This manual, tedious and repetitive method becomes a chore if you have to repeat it several times in a short period.
So, the platform is making things easier for its users. According to the company’s statement, this is part of its exploration of web3, and the feature is only available as a Chrome browser extension at this time.
You only need to select Add crypto with Coinbase Pay the next time that you want to add crypto to your wallet extension. Then, you pick a currency, indicate the amount, and confirm the transaction. This way, you also don’t need to switch between apps to perform this simple task. In addition, the possibility of messing up your transaction because of a wrong wallet address is eliminated.
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However, if this is the first time you are using Coinbase Wallet, you will have to link it to your account before you can start using Coinbase Pay.
“At Coinbase, our mission is to increase economic freedom in the world. A key part of realizing this mission is building crypto products and services that are easy-to-use and accessible. Coinbase Pay makes it even easier for users to get web3-ready with Coinbase Wallet. With the Coinbase Wallet extension, your Chrome browser can securely interact and engage with all manner of web3 applications,” the company further said.
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