You Can Now Auto-Convert Your Paycheck To Bitcoin With Coinbase

Coinbase to Invest $500 Million in Bitcoin And Speculative Altcoins



Coinbase is rolling out paycheck direct deposits and auto-conversions into Bitcoin. The $223 billion Bitcoin and crypto exchange posted on their blog today that they will roll out the feature over the next few weeks.

Paychecks deposited directly into Coinbase can be converted directly into Bitcoin, cryptos, or US dollars. It can also be used to trade, earn crypto rewards, or load a Coinbase card.

The new feature will allow users to allocate “as much or as little” of their paycheck as they want.

Notably, the new feature boasts zero-fee deposits, making the process a bit more efficient and cheaper for users who frequently send funds to Coinbase.



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