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How to cash out your funds using the Coinbase appYes, you can buy Bitcoin instantly on Coinbase. Coinbase offers a feature called "Instant Buy" which allows users to purchase Bitcoin and other. Since your local currency is stored within your Coinbase cash balance account, all standard purchases, as well as those made with a debit card, occur instantly. Coinbase has announced the launch of its Instant Exchange, which will allow users to buy and sell bitcoin whilst protecting them against.