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Coinbase Visa Card launches in the US with 4% Crypto Reward

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Coinbase Visa Card launches in the US with 4% Crypto Reward
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LEARN HOW TO TRADE, BITCOIN, EOS, ETHEREUM, LIGHTBLOCKS MEDIA

As of today, customers in the United States can enter the waiting list for the Coinbase card, a Visa debit card that allows the use of crypto for online and in-store payments and purchases. and withdrawals from ATMs. The Coinbase card also offers customers new ways to earn up to 4% in cryptocurrency prices.

  • Spend crypto everywhere Visa debit cards are accepted, worldwide: Coinbase cardholders can spend directly from their Coinbase account without having to transfer funds to their bank account. Before finalizing the purchase and withdrawing from the ATM, the cryptocurrency is converted into USD.
  • Earn up to 4% rewards in cryptocurrencies: Earn rewards using cryptocurrencies through daily consumption. At launch, customers can choose to earn 4% Stellar Lumens (XLM) or 1% Bitcoin (BTC).
  • Transparent card management: manage your spending and rewards settings directly through the Coinbase app. Customers can spend stable currencies, such as US dollar coins or other specific cryptocurrencies, by pressing the button.

Coinbase Visa Card Application Through the App or Website 

Qualified customers can sign up through the Coinbase app or on the Internet. The first customers will be admitted this winter. Once approved, the customer can immediately use the virtual card to issue and receive the physical card in the mail within two weeks.

Coinbase cards are now available to customers in nearly 30 countries/regions, including the UK and across Europe. The rewards program was originally available to US customers only.

“Our set of product innovations has made Coinbase a trusted brand for crypto-financial services. Our goal is to reach users of all ages, populations and regions through our consumer products, including Coinbase Card, Earnings, Staking and US Dollar Rewards.”

“The introduction of the Coinbase card is an important step in our efforts to make cryptocurrency a real utility to generalize it. Today’s announcement marks another leap in the use of cryptocurrencies in the real world, as Coinbase customers in the United States have more options on how to use their assets. We will continue to rely on our products to create the most transparent and useful way to manage our customers’ cryptocurrency investments and spending.”

“There is no issuing fee for the card, but a cryptocurrency conversion fee may be charged. Customers in the United States can join the Coinbase card waiting list and be the first to receive cryptocurrency rewards for actual purchases.” as reported by Brian Armstrong, Coinbase CEO.

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