Coinbase has just made a big move to make sending crypto as simple as shooting off a text.
They’ve introduced a new peer-to-peer (P2P) payments feature that lets you send USD Coin ($USDC) to anyone, anywhere in the world, instantly and with no fees. The best part? You don’t need a complicated wallet address.
You can use a phone number, an email address, or even a shareable link. It’s a massive step toward making crypto payments feel effortless and familiar, just like managing your crypto assets with Best Wallet and its native token $BEST.
Why This Changes the Game
The new feature represents a significant step in integrating cryptocurrency into our daily lives. For years, one of the biggest roadblocks for new users has been the clunky and intimidating nature of crypto addresses.
This puts Coinbase in direct competition with traditional payment services that often charge hefty fees for cross-border transfers. The move comes as the entire stablecoin market is booming, now worth over $300B, showing that people are increasingly seeing the value in digital dollars.
By making it this easy and affordable, Coinbase is not just simplifying transactions; they’re helping to create a more inclusive and connected financial world. And if we’re talking about connectivity, we’d be remiss not to mention Best Wallet.
Best Wallet: Your Tool for a Smoother Experience
Best Wallet is a mobile-first crypto platform designed to be your one-stop for managing all your digital assets.
It’s a non-custodial wallet, meaning you have total control, unlike with a centralized exchange. What sets it apart is its all-in-one approach.
It goes beyond simple storage, allowing you to buy, sell, swap, and manage crypto across seven different blockchain networks, including Ethereum and BNB. Plans are in place to expand this to over 60 blockchain networks in the future.
Best Wallet integrates a DEX, an upcoming Best Card that allows you to spend your crypto anywhere that accepts Mastercard, and real-time market analytics to provide a comprehensive Web3 experience.
It also uses advanced security measures, including biometric authentication and a system that eliminates the need for a traditional seed phrase. Check out why it made the top of our ‘Best DeFi Wallet’ list here.
The Benefit of Best Wallet ($BEST) Token
The $BEST token is the native utility and governance token for the Best Wallet ecosystem, and holding it provides several key benefits.
It’s designed to give you a deeper role and economic incentives with the platform. For starters, you get reduced transaction fees on swaps and trades within the wallet. It also gives you early access to new token presales through its ‘Upcoming Tokens’ feature.
Also, you can earn higher staking rewards and get voting rights to participate in the platform’s future development. $BEST is central to the entire ecosystem, creating a symbiotic relationship between the wallet’s use and the community of users.
Remember, this isn’t intended as financial advice, and you should always do your own research before investing.
Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/coinbase-adds-p2p-payments-as-best-wallet-benefits