Coinbase Adds Direct Crypto Conversions for BTC, ETH, ETC, LTC, ZRX and BCH


Last week, San Francisco-based Coinbase announced plans to reveal an announcement a day for the 12 days leading up to the holidays.

For the eighth day of announcements, Coinbase has revealed a new feature called Convert, which customers can use to convert one cryptocurrency to another.


According to the announcement, Coinbase users are now able to swap between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX) or Bitcoin Cash (BCH).

The conversion feature is now available on and on Coinbase’s iOS and Android apps. Conversions are made instantly and provide lower fees than the more traditional exchange transactions.

“We’ll be gradually rolling out the ability to convert cryptocurrencies to customers in all 34 countries in which Coinbase offers native payment access. We’ll gather customer feedback along the way and continue to iterate on the feature over time,” Coinbase added.

This news comes several days after Coinbase’s last major announcement that¬†all U.S. customers can now instantly withdraw cash balances from Coinbase to¬†PayPal¬†(PYPL).

More: Day 8 of 12 Days of Coinbase: Direct crypto conversions on Coinbase
Similar: 5th Day of Coinbase: Instant PayPal Withdrawals for US Investors

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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