[06-20-2015] Coinbase Launches Instant Exchange

[waawd_1]

http://themerkle.com/news/coinbase-launches-instant-exchange/

Coinbase has launched a new feature that gives users the option to instantly send/receive bitcoin payments without the need to hold a bitcoin balance. The new feature is dubbed Instant Exchange. Coinbase has been offering this service to merchants for a while now, but this is a first for regular clients.

[Chef Ramsay]

I'm glad to see this feature now for the rest of the newcomers and veterans to use, such a powerful tool to utilize at one's disposal. I just wonder if this is affected by their so-called license in the states they're cleared in and whether they can operate this kind of thing elsewhere.

[kjlimo]

So this allows you to spend bitcoins, but using USD from your bank account, right? 

Seems silly unless you're getting a discount to use the bitcoins, or perhaps you are trying to not carry a credit card?  I guess those are two use cases.