Direct deposit to Coinbase now available, Brian Armstrong confirms

Direct deposit to Coinbase now available, Brian Armstrong confirms
Coinbase launches direct paycheck deposit

Brian Armstrong, co-founder, chief executive officer, and chairman of the board at Coinbase, announced that direct deposit is now live on the exchange.

Users can route all or part of their paychecks directly to Coinbase to auto-invest, lend, or spend with the Coinbase One Card, which offers up to 4% back on purchases.

Armstrong has previously said that a pending bill could make the U.S. financial system faster and more accessible, while supporting global leadership, according to a recent statement (full article). He has also called for updating the financial system through onchain asset tokenization and 24/7 global trading (full article). These comments reflect his ongoing focus on expanding financial infrastructure at Coinbase.

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