Coinbase Debit Card Users Receive Exciting New Upgrade

Besides being known as one of the largest and most popular cryptocurrency exchanges in operation, Coinbase is also known for its auxiliary services, such as its crypto debit card. While the card gives users the opportunity to spend their crypto, services have remained relatively limited in some places.

Date: 
November 25, 2019
Read time: 
2 minutes

Coinbase Debit Card Users Receive Exciting New Upgrade

Author: Dylan B
Date: 
November 25, 2019
Read time: 
2 minutes

Besides being known as one of the largest and most popular cryptocurrency exchanges in operation, Coinbase is also known for its auxiliary services, such as its crypto debit card. While the card gives users the opportunity to spend their crypto, services have remained relatively limited in some places.

Besides being known as one of the largest and most popular cryptocurrency exchanges in operation, Coinbase is also known for its auxiliary services, such as its crypto debit card. While the card gives users the opportunity to spend their crypto, services have remained relatively limited in some places.

By more than doubling the number of assets our customers can spend on Coinbase Card, as well as introducing the card to 10 new countries, Coinbase continues to help drive crypto’s role as a utility, and not just an investment. (Zeeshan Feroz - The CEO of Coinbase U.K.)

That is, until now. 

Coinbase recently announced that customers will have access to spending five new cryptocurrency assets, which now include Ripple, the Basic Attention Token, Stellar, 0x, and Augur. These new choices come with the existing options, which consisted of major cryptos such as Litecoin, Ether, Bitcoin, and Bitcoin Cash

In addition to the new cryptocurrency support, customers in Europe received an exciting upgrade as well, with the availability of the card being expanded to 10 new countries, which includes Iceland, Norway, Poland, Romania, Denmark, Sweden, Croatia, Bulgaria, Liechtenstein, and Hungary. 

This debit card product, which only just launched in April of this year for those in Europe and in the U.K., gives customers the ability to spend cryptocurrency from their Coinbase accounts, which instantly converts your digital assets into cash when you use your card. Now that these new options have been added, Coinbase users can spend these crypto products without having to exchange them for another type of cryptocurrency. 

Along with these new cryptocurrencies and countries, the debit card can be used wherever Visa is accepted, boasts a low charge of 1 percent domestically and 2 percent internationally for ATM transactions of more than €200, and can be used via a Coinbase app on mobile devices. 

Get More Knowledge: The Best Crypto Services You Should Use

The CEO of Coinbase U.K., Zeeshan Feroz, made the following statement regarding the recent changes: 

“By more than doubling the number of assets our customers can spend on Coinbase Card, as well as introducing the card to 10 new countries, Coinbase continues to help drive crypto’s role as a utility, and not just an investment.”

Following on the tail some of Coinbase’s exciting developments, such as their Coinbase Earn program and their decision to allow U.S. citizens to earn interest on USDC holdings, we can expect Coinbase to further build on their services to encourage mainstream adoption and make it a more enjoyable experience for their customers. 

Posted by Dylan B

Dylan Buckley is a writer based in California. He became interested in cryptocurrency upon discovering it in 2014 and soon started investing as well as writing for a wide variety of clients and crypto-startups in the space. When he is not producing content for individuals and businesses, he is typically working on his own self-development content or making music.

Comments

MABEL MORRIS
I Lost my Money to scammers but not anymore Well, who would have believed this. When I saw a comment by one Allison babara, I thought it was one of the Scammers ways to convince someone. Looking at his comment, I saw an element of doubt since he was telling stories. Well I did it 50/50 which means I can’t lose my money to any scammer again. I contacted the email on the testimony of Allison? Babara  securehackers01 @ gmail . com  and I was replied immediately. I was shocked but I didn’t lose my stand. I asked them to give me proof to be sure they are not scammers like others that I have met before and they sent me a proof. Then I requested to get my card which they sent to me in Germany in just 3 days. Am happy now because I have? recovered my cash I lost to scammers. My first withdrawal? was $10,000 and I couldn’t believe my eyes until I confirmed? their word which says that I can withdraw up $63,000 in a month. secureblankatmSolution? are real because I got my? card in just 3 days when I requested for one. Contact their mail (securehackers01 @ gmail . com ) for yours. They didn’t scam me. Morris mabel is my name and if you are scared, please reach me through my mail dasinator02 @ gmail . com

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