Product Replace — March 1st – The Coinbase Weblog

As a part of Coinbase’s dedication to prioritizing buyer suggestions and serving to bridge the hole between conventional finance and crypto, our staff is targeted on always updating and enhancing the Coinbase expertise. Right here’s a have a look at what the staff has been as much as for the previous couple months.

Simply convert one cryptocurrency into one other

We introduced a brand new characteristic, Convert, the place you may convert one cryptocurrency into one other. As a substitute of promoting one cryptocurrency for a fiat forex like USD after which buying a distinct cryptocurrency with that USD, you may merely convert your crypto immediately to a different crypto in a single commerce for a considerably decrease charge.

At present prospects can convert between Bitcoin (BTC) and Ethereum (ETH), Ethereum Basic (ETC), Litecoin (LTC), 0x (ZRX), Bitcoin Money (BCH), and XRP (XRP).

Since our preliminary launch of Convert, we’ve launched enhancements of it on our iOS app, together with the “Convert all” characteristic for single-click conversion from one asset to a different. Extra enhancements are coming quickly.

Serving to prospects navigate crypto taxes

Tax season could be difficult, and we need to assist make the method simpler. For this tax season, we launched a brand new useful resource ( that will help you higher perceive the affect of US taxes on crypto. This replace is for everybody — Coinbase buyer or not. We additionally teamed up with TurboTax to offer our prospects with a discount on their tax filings.

Earn ZRX, BAT, and ZEC when you study them

Final December we introduced the primary Coinbase Earn expertise by giving prospects the chance to earn ZRX in trade for studying concerning the ZRX undertaking. And we didn’t cease there. This previous month we launched related Earn experiences for BAT (the Primary Consideration Token) and ZCash. Attempt them out and put your self on the waitlist here.

XRP is now obtainable on Coinbase

XRP is the cryptocurrency utilized by the XRP ledger. XRP goals to be a quick, cost-efficient cryptocurrency that facilitates cross-border funds. XRP can operate as a bridge forex in transactions involving totally different currencies corresponding to US {dollars}, Japanese yen, Euros, Francs, and others in use on the XRP community.

Introducing the Coinbase affiliate program

We’ve supplied a peer-to-peer referral program for a while, permitting prospects to refer mates and get $10 of Bitcoin when their referral trades $100 or extra on the platform. We noticed that quite a few “super-referrers” had been utilizing their referral codes to advocate Coinbase to their audiences, however the referral program wasn’t optimized for them. That’s why we launched an affiliate program for these prospects the place they'll obtain 50% of every referral’s buying and selling charges for his or her first three months on

A couple of extra updates:

  • We’ve made it simpler for patrons to get crypto information on the dashboard within the Coinbase app, in addition to entry details about the highest 50 belongings by market cap.
  • We rolled out the power for patrons within the EU to withdraw funds to their PayPal accounts.

As we work to make Coinbase higher, we at all times respect suggestions. Check out the above options and tell us in case you have concepts or options for tips on how to enhance the product.

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