Key Points:
Coinbase Wallet has introduced a new feature called Coinbase Wallet Shared Links, allowing users to send money globally through various messaging and social media apps including WhatsApp, iMessage, Telegram, as well as email.
This feature eliminates the need for traditional banking methods and wire transfers, making sending money easier, cheaper, and faster. Users can simply create a link in Coinbase Wallet and share it with their recipients, who can claim the money through the Coinbase Wallet app or download the app to create a new wallet.
The funds will be instantly available, and if unclaimed within two weeks, automatically returned to the sender. Coinbase Wallet is available in 20 languages and over 170 countries, providing global accessibility for money transfers.
In addition to Coinbase Wallet Shared Links, Coinbase Wallet is expanding global access by offering local fiat onramps in over 130 countries, making it easier for people in high-inflation economies to access stable currencies such as the US Dollar.
Users can also receive money from any crypto exchange or self-custody wallet, buy USDC without Coinbase fees, and send USDC globally with no fees on various networks.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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