By Samo Drole We’re pleased to announce the launch of Instant Exchange, a feature that allows users to send or receive bitcoin payments while eliminating exposure to bitcoin exchange rate fluctuation.
Coinbase has long offered merchants the ability to automatically convert received bitcoin into their local currency, and now Instant Exchange is available to anyone with a local currency wallet.
Two new features are available:
1. Instant Exchange Send
Now you can send bitcoin and pay for it with your local currency from the same page. Coinbase will execute an instant buy in the background for you, debiting funds from your local currency wallet.
To use this …read more
Source:: http://blog.coinbase.com/2015/06/17/instant-exchange/