Coinbase, the leading cryptocurrency exchange in the US, has extended its Visa debit card services. The card allows shoppers to spend crypto like cash at the check-out and online wherever Visa is accepted. The Coinbase Card now supports five new cryptocurrencies: XRP, Basic Attention Token (BAT), Stellar Lumens (XLM), 0x (ZRX) and Augur (REP).
Card users were previously limited to transacting with Bitcoin, Ethereum, Litecoin and Bitcoin Cash.
Paying with crypto just got even easier: #CoinbaseCard customers can now spend using their BAT, XLM, XRP, ZRX and REP wallets. pic.twitter.com/fgkUJvDMNx
— Coinbase Card (@CoinbaseCard) November 14, 2019
The debit card’s services also expanded geographically.
Coinbase customers in Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania and Sweden can now access the crypto Visa.
After launching in the UK in April, Coinbase’s card services stretched across Europe to France, Spain, Italy, Germany, Ireland, the Netherlands, Austria, Belgium, Cyprus, Estonia, Finland, Greece, Latvia, Lithuania, Luxembourg, Portugal, Slovakia and Slovenia in the months following.
#CoinbaseCard is now available in Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden! Get yours https://t.co/DXbuLuccmA pic.twitter.com/kOW4wwaVMV
— Coinbase Card (@CoinbaseCard) November 14, 2019
The Coinbase Card also allows users to withdraw cash from ATMs, though any domestic withdrawals over £200/€200 per month are charged 1% interest. International withdrawals over £200/€200 per month are charged 2%.
By focusing on the user experience and by making crypto easy to acquire and spend, Coinbase has grown to over 30 million users and has logged more than $150 billion worth of trades.
