The new feature allows customers to convert from one crypto directly into another
Coinbase is beginning to roll out a new feature called Convert, which customers can use to convert one cryptocurrency into another.
Initially, customers can convert between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX), or Bitcoin Cash (BCH). Converting is available on Coinbase.com and in the iOS and Android apps. Conversions complete instantly and at a lower cost than if done via two separate 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
SEE ALSO: Crypto users got another option of moving cryptocurrency to cash