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With Coinbase Wallet, sending money is now as easy as sending a text

Coinbase Wallet is introducing new ways to make sending money easier, cheaper, and faster. Users can now send money on any platform that they can share a link — including messaging apps like WhatsApp, iMessage, Telegram, and via popular social media apps, email, and more.

By Chintan Turakhia

Product

, December 5, 2023

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Starting today, Coinbase Wallet is rolling out new features that make it easier, cheaper, and faster to send money worldwide. 

Let’s say you want to send money to family or friends in another country. Instead of dealing with the complexity of routing numbers, bank account numbers, expensive wire transfers, bank fees, and waiting up to 5 business days for the money to become available, simply use a link from Coinbase Wallet to send via your favorite messaging and social apps with no fees and instant settlement.

Need to pay a friend, send a last-minute gift, or tip a tour guide? No need to download multiple apps or search through a sea of usernames and profiles. Just create a link in Coinbase Wallet and share. With just a few taps you can send money around the world.

Sending money is now as easy as sending a text, direct message, or email—wherever you already connect with friends and family. And because Coinbase Wallet is available in 20 languages and over 170 countries, your money can be claimed anytime around the world.

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Expanding global access

We’ll continue to expand global access by providing options to buy digital assets in as many countries as possible. This is especially important for people in high-inflation economies with limited access to the global financial system and more stable currencies such as the US Dollar. 

Coinbase Wallet now supports local fiat onramps in 130+ countries, including leading payment methods like Pix in Brazil, Instant P2P Bank in Nigeria, GCash in the Philippines, and many more.

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With Coinbase Wallet, you also can receive money from any crypto exchange or self-custody wallet, buy USDC without Coinbase fees anywhere Coinbase Pay is available, and send USDC globally with no fees on networks like Arbitrum, Avax, Base, Optimism, and Polygon. You can also send payments in thousands of coins, including fee-free USDC, through Coinbase Wallet messaging

Together with payment aggregator integrations, we’re making crypto and stable currencies accessible worldwide.

Simplifying the payments experience

To streamline the experience for beginners, we’re introducing an optional simple mode in Coinbase Wallet. This focuses on essential functions like buying, sending, receiving, and storing your digital assets. 

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These updates reflect our commitment to making money transfers easier, cheaper, faster, and borderless. By reducing complexity and fees while expanding global access, we're enabling millions of people to engage with the cryptoeconomy in meaningful ways.

Get started with Coinbase Wallet today and stay tuned for more updates as we continue to innovate and simplify access to the cryptoeconomy around the world.

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