Coinbase Wallet Adds Usernames to Simplify Crypto Transactions
Send crypto more easily with Coinbase Wallet!
Introducing simpler sends to Wallet usernames, @ensdomains, and your Coinbase account.
— Coinbase Wallet (@CoinbaseWallet) February 25, 2020
According to the announcement, Coinbase has added support for both Ethereum ENS domains and traditional usernames (such as @sludgefeed). The ENS integration means investors can now send crypto to any .eth address while the new usernames support transactions for Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), XRP (XRP), Stellar Lumens (XLM), Dogecoin (DOGE), and all ERC-20 tokens (including USDC and DAI).
The update also makes it easier for users to send crypto to their linked Coinbase.com account.
“We believe these improvements will make cryptocurrency much easier to use and help drive adoption with a more mainstream audience,” states the Coinbase team. “Users can now easily send money to friends and business partners like they do with traditional payment apps, albeit globally and in crypto.”
Coinbase recently noted that it was being pressured to remove the dapp browser functionality from Coinbase Wallet to “comply with [Apple] App Store policy.” However, the latest announcement indicates that you can still use the browser to pick up your own ENS domain.
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.