The offer will be expanded to more markets over time
Coinbase launches its own Debit Card. Source: shutterstock.com
One of the leading crypto exchanges, Coinbase, has decided to offer its UK users a plastic debit card. With Coinbase Card, customers can spend cryptocurrencies from their wallets available on Coinbase in-store and online.
Those who’ll apply for a Coinbase Card will receive a plastic contactless VISA card which can be used everywhere VISA is accepted. It works offline, online, and internationally. Moreover, cardholders can withdraw cash at ATMs just like with regular bank card.
Alongside with the card, the exchange launches a separate mobile app called Coinbase Card. With this app, customers will be able to manage their crypto balances.
The new payment solution is free for the first 1,000 customers. Everyone else can order it for £4.95.
Coinbase team is currently working on expanding the offer to additional European markets.
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