The major US-based crypto exchange Coinbase announced that it has launched the “Coinbase Card”, a crypto debit card that can be used by US citizens in cooperation with Visa.
Coinbase and Visa announced a partnership two years ago. Two giant companies that have been working on this issue for a while finally announced that they have launched the Coinbase Card.
Coinbase Launches Coinbase Card for US Users
In the news shared by Chinese blockchain journalist Colin Wu, the amount of money users spend has decreased to 4%. Cryptocurrency refunds will be received.
It is stated that the card will allow making payments in millions of places around the world and withdrawing cash from crypto wallets via ATMs.
Users must download the Coinbase app to redeem the card, get cryptocurrency refunds, and track remaining cryptocurrency balances needs.
Coinbase announced in December 2019 that it was launching a debit card in Europe and the UK, with the card launching for the US in early 2021.