Coinbase, the popular cryptocurrency and crypto exchange, today announced that it will offer ‘Easy Bank Transfers” for UK users. Coinbase, the popular cryptocurrency exchange, announced today that it will offer easy bank transfers to UK users. Users no longer have to manually enter payee details, rely on copy/paste, wait for verification, or anxiously wait for confirmation that a payment was successful. Users can now use Easy Bank Transfers to solve these problems. They no longer need to manually enter payee details, rely upon copy/paste, wait for verification, or anxiously wait for payment confirmation. – The Coinbase TeamOpen Banking offers several key benefits to Coinbase users. Security – Open banking does not allow anyone access to login details or passwords.
Because your bank account is linked with Coinbase, it is easier to use open banking to transfer funds, especially on mobile.
Control – The user can control who has access to their bank information and what level of access they are allowed to see.
Safety – Only authorized account owners can authorize companies to take payments.