It’s Day 8 of “12 Days of Coinbase.” Major cryptocurrency exchange / Hot Wallet Coinbase has announced on Twitter today that starting today, users would be able to convert one crypto to another on their platform. Conversions would be available between Bitcoin (BTC) and Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), 0x (ZRX), or Bitcoin Cash (BCH).
Coinbase stated that the conversions would complete instantly and at a lower cost than if done via two separate transactions.
Conversions complete instantly and at a lower cost than if done via two separate transactions. We’ll be gradually rolling out the ability to convert cryptocurrencies to customers in all 34 countries in which Coinbase offers native payment access.
— Coinbase (@coinbase) December 17, 2018