Coinbase Launches Instant Exchange to Help Users Avoid Bitcoin VolatilityCoinbase users can now send bitcoin payments without being exposed to the digital currency’s volatility.
Users with a fiat wallet (must be verified in order to get it) allows use of Bitcoin’s global payment network without being exposed to the price of the digital currency. Coinbase’s Instant Exchange deducts an equal amount to the bitcoin the user wants to send, effectively exchanging the two. The service is similar to one offered by Coinbase to bitcoin-accepting merchants.
https://bitcoinmagazine.com/20909/coinbase-launches-instant-exchange-to-help-users-avoid-bitcoin-volatility/
