Coinbase Launches Visa Card; Brings Bitcoin, XRP, Ethereum, And More Cryptos To Millions Of Users
This year, the crypto space is expected to witness mass adoption of digital assets, according to more predictions.
It seems that things are going in this direction so far with more achievements.
This announcement is huge for mainstream adoption of cryptocurrencies, and it will definitely be a big step forwards the huge goal.
Coinbase launches Visa debit card
According to the leading crypto exchange, the card is coming to the UK at first, and it will allow users to pay with their crypto directly.
“Customers can use their card in millions of locations around the world. When customers use their Coinbase Card, we instantly convert crypto to fiat currency, such as GBP, which is used to complete the purchase,” according to the announcement.
They also note that “This is the first debit card to link directly with a major cryptocurrency exchange in the UK and EU, allowing users to spend their crypto balances direct from their Coinbase account.”
Coinbase also launches a new app
This new app will help users manage their funds.
This reportedly means that they can pay for a meal with BTC or use ETH to fund a train ticket home.
The announcement said that the app also offers instant receipts, transaction summaries, and more important details.
It’s also important to note that the card is issued by Paysafe Financial Services Limited, which is fully authorized by the Financial Conduct Authority.
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