What alternatives are available now that Coinbase no longer has the request feature?
Petterson JerniganDec 16, 2021 · 3 years ago3 answers
Since Coinbase no longer has the request feature, what other options are there for users to request cryptocurrency from others?
3 answers
- Dec 16, 2021 · 3 years agoOne alternative to Coinbase's request feature is to use a peer-to-peer cryptocurrency exchange platform like LocalBitcoins. These platforms allow users to connect with others who are willing to sell or trade their cryptocurrencies directly. Users can negotiate the terms of the transaction and request the desired amount of cryptocurrency from the seller. It's important to exercise caution and follow the platform's guidelines to ensure a safe and secure transaction.
- Dec 16, 2021 · 3 years agoAnother option is to use a digital wallet that supports cryptocurrency transfers. Many wallets, such as Exodus and MyEtherWallet, allow users to generate a payment request link or QR code that can be shared with others. This way, users can easily request specific amounts of cryptocurrency from their contacts or clients. It's worth noting that both parties need to have compatible wallets to complete the transaction.
- Dec 16, 2021 · 3 years agoBYDFi, a popular decentralized exchange, is also a viable alternative to Coinbase's request feature. With BYDFi, users can create and share payment links to request cryptocurrency from others. The platform offers a user-friendly interface and supports a wide range of cryptocurrencies. It's a great option for those who prefer decentralized exchanges and want to have more control over their funds.
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