Coinbase is now new and improved—watch out Binance! The US’s most popular cryptocurrency exchange announced yesterday it has added crypto-to-crypto trading.

Coinbase Crypto-to-Crypto Trading

Starting today, you can convert one crypto to another on Coinbase. Conversions are available between Bitcoin (available on Coinbase) (BTC) and Ethereum (available on Coinbase) (ETH), Ethereum (available on Coinbase) Classic (ETC), Litecoin (available on Coinbase) (LTC), 0x (ZRX), or Bitcoin (available on Coinbase) Cash (BCH). It’s Day 8 of 12 Days of Coinbase. Learn more: https://t.co/VshJf7FOMZ pic.twitter.com/wLyJPfkKcA
— Coinbase (@Coinbase) December 17, 2018

Starting today on the exchange, investors are now able to convert between six different digital currencies. This is all part of the company’s new marketing initiative, called the ’12 Days of Coinbase.’ Each day at noon PST, the company plans on announcing new features, support for new digital currencies and more.

All crypto-to-crypto conversions are completed instantly, and it will cost less than performing two separate transactions. Coinbase is charging a 1% spread for the conversion. This fee is not fixed and could go up and down due to the volatility of the market. Currently, this feature is only available to US investors. The cryptocurrency exchange hopes it can roll out this feature soon to the other 34 countries it operates out of.

The other major update to the platform has been instant PayPal withdrawals and today’s announcement has yet to come.