Mixin absorbs transaction spreads to eliminate Coinbase onboarding friction

Users receive the full value of their cryptocurrency purchases through a new integration between the self-custodial privacy wallet Mixin and Coinbase Onramp. Mixin covers transaction spreads up to $20 per transaction to remove onboarding friction. This allows users to purchase crypto using Apple Pay or other fiat methods directly within the Mixin app. Coinbase handles all identity verification and payment processing, while Mixin does not store sensitive personal or payment data. According to Sonny Liu, CMO of Mixin, the integration is intended to remove the final layer of friction. The purchase process now takes as little as 60 seconds. The platform, which serves 10 million users globally and manages over $1 billion in user-controlled funds, supports over 40 blockchains and 10,000 assets.