Coinbase launches funds transfer service via links sent on WhatsApp, TikTok and Instagram

US cryptocurrency exchange Coinbase is launching a new service that will allow customers to send funds to each other for free via the world's most popular communication method. "We've made it easy to send money via a link, whether it's through messaging apps like WhatsApp, iMessage and Telegram, or through social media like Facebook, Snapchat, TikTok and Instagram," the company said in a blog post. media platforms, even via email.” Coinbase also said that people will be able to send funds to people in other countries, and settlement of transfers will be instant and free. Both parties sending and receiving funds must have a Coinbase Wallet. The company said that if someone is sent a link but doesn't already own Coinbase's digital wallet, they will be directed to the Apple or Android app stores to download it. If funds are sent but not retrieved within two weeks, the money will automatically be returned to the sender. (The Block)