Major US cryptocurrencies exchange Coinbase Pro is now dwelling deeper into the traditional financial system and has unveiled a new feature that will allow its customers to deposit all or part of their paychecks in cryptocurrencies.
The company announced on the 27th that it will offer the service at no fee with easier access to crypto trading and make it less time-consuming.
Users can easily set their salary limit to be deposited into the Coinbase account and choose to keep it as fiat or convert it into any cryptocurrency.
In addition, the company announced a policy to provide a system that will allow employers to easily pay their employees in crypto. The blog post read:
“We’ve partnered with a number of companies, including Fortress Investment Group, M31 Capital, Nansen, and SuperRare Labs, to allow employees throughout the creator economy and financial services to enter the future of payroll.”
Details of the new feature will be revealed in the coming months.
