Coinbase cancels Direct Deposit!

Apparently this is to deliver better features in the future, I really hope so, I have been using this feature for years. I like never seeing the money I invest, except that an account I own grows in Bitcoin every month.

Maybe it’s time to shop around?

My research:

Coinbase recently announced that they will be ending their paycheck direct deposit feature, effective November 25, 2024. This feature had allowed users to allocate part or all of their paycheck directly into their Coinbase account and convert it into cryptocurrency. According to Coinbase, this decision is part of their plans to roll out new features that will improve the direct deposit experience, including a future integration with the Coinbase Wallet. The goal is to help users manage their finances more effectively on the blockchain in a secure manner.

If you currently use this feature, Coinbase recommends removing the direct deposit setup to avoid disruptions.