According to a recent blog post, it seems like BitPay is taking yet another step forward towards providing better services for their customers. With this in mind, Copay, their open source, multi-signature wallet has a new feature meant to allow users to purchase and sell bitcoin via Coinbase.
The addition of a bitcoin exchange feature in Copay was announced in late 2015, when BitPay partnered up with Glidera to allow users of the app to buy and sell bitcoin in a total of 11 US states. Thanks to the partnership between BitPay and Coinbase, alongside with the actual integration of the exchange within the Copay app, users will face a much more pleasant experience when it comes down to buying and selling bitcoin.
The feature is available in all US states, Canada, and 30 other countries which are currently supported by the Coinbase exchange. At this moment in time, users have limits of up to $1,000 per day, which should be enough for most normal users.
To get started with the new feature, users will have to update their Copay app to the newest version, and then proceed to follow a setup process, meant to connect the bitcoin wallet, to an existing Coinbase account.
For those who do not know, BitPay represents a firm that aims to provide bitcoin users from all around the world with better payment options, by facilitating direct bank deposits and more.
Based on everything that has been outlined so far, what do you personally think about the Coinbase exchange integration into BitPay’s Copay app? Let us know your thoughts in the comment section below.
Source: BitPay Blog
If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
Crypto Analysts Answer: Will BlockDAG be set to Eclipse Bitcoin and Sui Network With its…
BlockDAG’s $23.2M Presale Gains Recognition Worldwide as Major Influencers Vouch For It Outshining Cardano's Price…
BlockDAG Dev Release 23 Sparks P2P Revolution: Anticipation of X1 Miner App Beta Version Causes…
Historically, extended periods of market downturn have often preceded a resurgence in crypto prices, ultimately…
Discover the charm of BEFE Coin, a special meme coin today. As it starts catching…
Many investors are always careful about wanting to invest in any crypto project because of…