Coinbase, a leading platform for buying and managing cryptocurrency, has teamed up with Visa to enhance the way customers fund their accounts. This partnership aims to provide users across the US and EU with real-time access to their funds, making it easier and faster to trade in the dynamic world of crypto.

Real-Time Fund Transfers

The new feature allows Coinbase users to deposit funds into their accounts instantly using eligible Visa debit cards. This means that those connected to a Visa debit card can add money to their accounts quickly, enabling them to seize trading opportunities as they arise. The integration with Visa Direct streamlines the process, reducing wait times and ensuring that customers have the flexibility to manage their finances effectively.

With this new functionality, Coinbase customers can:

• Transfer Funds Instantly: Users can deposit money into their Coinbase account in real-time using an eligible Visa debit card.
• Buy Cryptocurrency Directly: Customers can purchase crypto directly from Coinbase using their Visa debit card.
• Cash Out Quickly: Users can withdraw funds from their Coinbase account to a bank account via an eligible Visa debit card, also in real-time.

Enhancing Customer Experience

Yanilsa Gonzalez Ore, Head of Visa Direct for North America, expressed excitement about the partnership, emphasizing its role in helping Coinbase users manage their funds more effectively. “Providing real-time account funding means that Coinbase users can take advantage of trading opportunities any time,” she noted.

Akash Shah, Senior Director of Product Management at Coinbase, highlighted that this feature aligns with the company’s mission to promote economic freedom. The integration of Visa Direct allows users to control their finances more seamlessly, ensuring they have quick access to their funds when they need it.

In addition to this new feature, Visa and Coinbase continue to offer a Coinbase Visa debit card for customers based in the US, further enhancing the convenience of accessing and using funds in the cryptocurrency space.

As Coinbase continues to expand its services, this partnership with Visa marks a significant step toward bridging the gap between traditional finance and the world of blockchain technology, enabling users to engage in cryptocurrency trading with greater ease and confidence.