Coinbase Will Now Let You Directly Deposit Your Paycheck as Cryptocurrency

Making trading more accessible.

Tech
2,810 Hypes 0 Comments

In an effort to make cryptocurrency trading more accessible, crypto exchange platform Coinbase will soon allow customers to directly deposit their paychecks as cryptocurrency in their accounts.

Customers using the service will be able to select what percentage of their paychecks they wish to deposit into their digital wallets, and deposits can be made in both USD or a cryptocurrency of your choosing. The feature is currently only being offered to those in the U.S., and Coinbase hasn’t revealed any plans at the moment to extend coverage globally to other regions.

On top of now being able to deposit your paycheck, the company has also announced the expansion of its Visa debit card designed for crypto traders. All Coinbase customers in the U.S. will be able to sign up later this fall for the card, which will allow you to spend USD as well as various cryptocurrencies while earning rewards in the latter. Cardholders can currently choose to earn 1% back in ETH, BTC and DOGE or 4% in GRT or XLM but will soon also be able to choose a 1% return in DAI or 4% in AMP and RLY.

To learn more about Coinbase’s latest updates, you can head over to its blog.

In other tech-related news, Instagram has paused development for Instagram Kids following widespread backlash.

Read Full Article

What to Read Next

Wharton Business School Will Accept Tuition Payments in the Form of Cryptocurrency
Tech

Wharton Business School Will Accept Tuition Payments in the Form of Cryptocurrency

Making it the second college in the U.S. to do so.

New York City Mayor To Receive First Paycheck in Cryptocurrency
Tech

New York City Mayor To Receive First Paycheck in Cryptocurrency

An automatic conversion to Bitcoin and Ethereum.

Kevin Durant Is Officially the Face of Crypto Platform Coinbase
Tech

Kevin Durant Is Officially the Face of Crypto Platform Coinbase

The latest NBA star to join in on the crypto craze.


HBX and Coinbase Invite You to Celebrate Digital and Physical Collectible Culture at NYC Pop-Up
Events 

HBX and Coinbase Invite You to Celebrate Digital and Physical Collectible Culture at NYC Pop-Up

Presented by Coinbase
Featuring prizes, merch and an NFT gallery with work from FVCKRENDER, Henbo Henning, Rhymezlikedimez, Bobby Hundreds and more.

Diego Luna Reveals "Familiar Faces" Return for 'Star Wars: Andor'
Entertainment

Diego Luna Reveals "Familiar Faces" Return for 'Star Wars: Andor'

The Disney+ series has just finished shooting.

Brad Pitt and George Clooney To Reunite for New Thriller Film
Entertainment

Brad Pitt and George Clooney To Reunite for New Thriller Film

Setting off one of the biggest Hollywood bidding wars of the year.

Former Apple Design Chief Jony Ive Signs Multi-Year Deal With Ferrari
Design

Former Apple Design Chief Jony Ive Signs Multi-Year Deal With Ferrari

Collaborating with the automaker’s renowned designer Flavio Manzoni.

James Harden Calls Milwaukee Bucks, Not Brooklyn Nets, the Team To Beat in the East
Sports

James Harden Calls Milwaukee Bucks, Not Brooklyn Nets, the Team To Beat in the East

Alluding to the Bucks as reigning NBA champions.

Tems Confirms New Collab With Drake Set for 2022
Music

Tems Confirms New Collab With Drake Set for 2022

The two previously linked up for the ‘CLB’ cut “Fountains.”


'Squid Game' May Become The Platform's Most Popular Show Ever Says Netflix CEO
Entertainment

'Squid Game' May Become The Platform's Most Popular Show Ever Says Netflix CEO

The Korean thriller series is already Netflix’s biggest non-English show.

Customize Your Swiss Army Knife With Prometheus Design Werx's New G10 Scales
Design

Customize Your Swiss Army Knife With Prometheus Design Werx's New G10 Scales

With a glow-in-the-dark dot and a billet titanium pocket clip.

Epic Games CEO Says Company Is "Not Touching" NFTs
Tech

Epic Games CEO Says Company Is "Not Touching" NFTs

Citing scams as the main reason why the company will not be pursuing NFTs.

Bandai 'Demon Slayer' Releases 23-Inch Version of Senjuro Rengoku's Flame Sword
Design

Bandai 'Demon Slayer' Releases 23-Inch Version of Senjuro Rengoku's Flame Sword

Featuring 36 sound effects.

Facebook Is Spending $50 Million USD to ‘Responsibly’ Build Out the Metaverse
Tech

Facebook Is Spending $50 Million USD to ‘Responsibly’ Build Out the Metaverse

A digital space where users can ‘hang out with friends, work, play, learn, shop, create and more.’

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.