- Coin base is introducing easy crypto wallet funding through a Chrome browser extension.
- This is the first of its kind wallet funding technique. It will help users cut off the manual process and save time.
- No need to manually transfer funds on a Coinbase account now.
Coinbase, an American cryptocurrency exchange platform is introducing Chrome extension-based crypto wallet funding. This new feature will help Coinbase users to eliminate the hectic steps and easily purchase NFTs or participate in DeFi with just a few clicks.
NFTs, DeFi, crypto, and other Web services have grown immensely in the past few years and the main step in accessing the services is funding a private crypto wallet. Usually, a crypto wallet funding process is a lengthy and manual process that involves multiple steps and switching between different apps.
Such a cumbersome process increases the chance of errors and wrong transactions. If accidentally the fund is transferred into the wrong wallet address then the money is irretrievable. So to decrease these risks and make the process easier the crypto platform Coinbase introduced a new method.
Now users can easily fund their crypto wallets with the help of Chrome browser extension. The process introduced is very simple and all you have to do is click on ‘Add crypto with Coinbase pay’ when you want to fund crypto in your Coinbase wallet extensions.
Next, you have to select the cryptocurrency and state the amount to confirm the transaction. This will easily fund your wallet and save you time.
First-time users will have to link their self custody wallet to their Coinbase account and then only they will be able to access Coinbase pay chrome-extension feature.
This feature is now available only for US and Canadian users. They can do the transaction with the help of a debit card and bank account.
Coinbase pay has stated that they will enable more payment options globally soon.