Coinbase Cryptocurrency Visa Debit Card Launched In US, in this blog we’re going to discuss some more info on it
And its press report announced that US customers can now join the waitlist for its Coinbase Card, a debit Visa card.
This coinbase debit visa card allows the coinbase users to spend cryptocurrency at any places where the Visa cards are accepted.
Earlier this coinbase visa debit card was available in Europe. Now this came in to practice for the US customers too.
How does Coinbase crypto debit visa card differ from other crypto visa cards?
Since there are multiple debit card providers all around the world and they allow you to spend cryptocurrency
In many other platforms, the user has to load funds into their bank account in order to spend them.
But in the Coinbase platform it eliminates the middleman, instead pulling funds directly from your Coinbase account.
Other cards supported only for a few currencies, but the Coinbase Card supports more than 30 currencies.
Benefits of Coinbase Cryptocurrency Visa Debit Card
Optional rewards program available for the US customers.
With this program the coinbase card holder can choose to earn 4 percent back in Stellar Lumen or 1 percent back in bitcoin.
Additionally the coinbase stated that no issuance fee will be collected , instead it charges the conversion fees.
In Coinbase’s app, you’ll be able to keep track of recent transactions and rewards earnings. You can manage your rewards currency there, as well as the currency you’re spending with.
When the user can expect this Coinbase visa card?
Coinbase says the first customers will be approved “this winter.”
To get your card, you have to first join the waitlist.
After joining, you will get your physical card in the mail “within two weeks.”
If you want to use the card, there you have to need the verified Coinbase account.
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