Home / Crypto News / Coinbase Launches cryptocurrency Debit Card “Coinbase Card”, Initially Targets Only UK

Coinbase Launches cryptocurrency Debit Card “Coinbase Card”, Initially Targets Only UK

cryptocurrency Exchange Coinbase announced on 10th this month to launch a cryptocurrency debit card, “Coinbase Card” in the United Kingdom.

Coinbase Card is a debit card that allows you to make payments using the cryptocurrency balance of your Coinbase account.

The target is BTC, ETH, and LTC only, and debit cards have PINs and chips and can be used like other debit cards, so they can be used for payment at VISA member stores and cash withdrawals at ATMs. .

The Coinbase Card converts the user’s cryptocurrency assets into sterling and makes payments when the payment is made.

Coinbase also announced the launch of the Coinbase Card app along with debit cards. The Coinbase Card supports all currencies supported by the exchange, allowing the user to select a wallet for payment via the app.

The app also offers features such as instant receipts and transaction history summaries.

Coinbase has launched a campaign to exempt £ 4.95 from card issuance fees for the first 1,000 people to sign up for a card launch.

The exchange appealed that the Coinbase Card is the first cryptocurrency debit card in conjunction with a major European cryptocurrency exchange, and has announced that it is also considering offerings in European countries in the future.

Article Source: Coinbase

Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/coinbase-launches-coinbase-card-in-uk/

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