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Coinbase Automates Crypto Investing via Upgraded Direct Depo…

Coinbase Automates Crypto Investing via Upgraded Direct Depo…

Coinbase has introduced a “new and improved” Direct Deposit feature for its U.S. customers.

This feature allows U.S. customers to automatically allocate any portion of their paycheck across cash and crypto, as their money will be automatically distributed based on their choices every time they get paid, the company said in a Monday (May 26) blog post.

While Direct Deposit is being initially launched in the U.S., Coinbase plans to roll out the feature in more regions later this year, according to the post.

“Our new and improved Direct Deposit is the easiest way to turn every paycheck into a consistent investing plan, without any extra steps or hassle,” Coinbase said in the post. “You can allocate any portion of your paycheck…

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