Coinbase, the popular bitcoin & crypto exchange companyannounced today it will be rolling out ‘Easy Bank Transfers’ for UK users. The new feature delivers an easy way to add funds to Coinbase accounts.
Through a partnership with TrueLayer, one of Europe’s leading open banking platforms, Coinbase is able to support Easy Bank Transfers, which relies on open banking technology.
In the weeks ahead, users will be able to link their bank account directly with their Coinbase account, without needing to enter their bank details, for a more convenient and user-friendly experience.
“Coinbase is one of the first major crypto platforms to offer users rapid, secure deposits into their Coinbase account via open banking. Easy Bank Transfers solve these issues for Coinbase users: users no longer have to manually type out payee details, rely on copy/paste, be sent through long verification steps, or anxiously wait for confirmation that a payment was successful.”
– The Coinbase Team
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