Coinbase’s New Crypto Convenience Feature
Coinbase introduced its crypto-convenience feature known as “Coinbase Pay,” and now the business is in a position to support the roll-out of this product throughout the larger blockchain ecosystem. The development implies that Web3 developers and organizations will be able to incorporate the functionality into their Apps in a smooth manner, with the market-leading wallet MetaMask emerging as the first external wallet to do so after the upgrade.
Coinbase Pay is a tool that, for those who are not in the know, enables users of platforms to acquire cryptocurrency or transfer cryptocurrency to a wallet or decentralized application with just a few easy clicks. This is because the functionality adheres to information that is already kept on the Coinbase database.
This enables customers to bypass the time-consuming onboarding procedures and extra verification techniques that are often noticed while working inside a platform that is foreign to them. The feature also features a simpler process for converting fiat currency into cryptocurrency, which makes the world of Web3 far more easy and accessible to the general public.
Coinbase Pay has been Incorporated into Coinbase NFT
The incorporation of this functionality will eliminate the need for individual Web3 developers to construct and develop their own verification and onboarding systems, which will be of tremendous benefit to a great number of Web3 developers.
Coinbase Pay has only been incorporated into Coinbase Wallet and Coinbase NFT up until this point; however, in the coming few weeks, all 30 million MetaMask users will be able to enjoy the delights that Coinbase-Pay has to offer.
They have encouraged interested decentralized applications to get in touch with them in order to apply for software development kit (SDK) access. Additional information regarding how to integrate Coinbase Pay can be found in the developer documentation that Coinbase provides. Coinbase will continue to roll out the feature in the future.