What is Coinbase Card?
Coinbase Card is a Visa debit card that allows users to spend their crypto holdings from their Coinbase account in both online and physical stores. With Coinbase Card, users can buy goods and services, withdraw cash from ATMs, and pay for everyday expenses with crypto.
How Does Coinbase Card Work?
Coinbase Card is a Visa debit card that works just like a regular debit card. Users can link their Coinbase account to their Coinbase Card and instantly spend their crypto holdings at any merchant that accepts Visa. Coinbase Card users can also make cash withdrawals from ATMs and pay for everyday expenses with crypto.
What Crypto Can Be Used on Coinbase Card?
Coinbase Card supports a wide range of crypto currencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and more. Coinbase also supports a variety of fiat currencies, including US Dollar (USD).
How to Set up Coinbase Card?
Setting up Coinbase Card is easy. All you need to do is link your Coinbase account to your Coinbase Card and you’re ready to start spending your crypto.
Fees and Limits
Coinbase Card does not charge any additional fees, but the card issuer may charge a fee for certain transactions. Limits on spending and withdrawals vary by country.
Security Features
Coinbase Card is a secure way to spend your crypto. It features advanced security features, such as two-factor authentication, secure PIN, and secure payment processing.
Pros and Cons
Coinbase Card offers a convenient way to spend your crypto, but it also comes with some drawbacks. Pros include the ability to spend crypto anywhere that accepts Visa, no additional fees, and advanced security features. Cons include limited crypto support, limited withdrawal limits, and the potential for fees from the card issuer.
Coinbase Card is a secure Visa debit card that allows users to spend their crypto holdings from their Coinbase account in both online and physical stores. It supports a variety of crypto and fiat currencies, has no additional fees, and includes advanced security features. Pros include the ability to spend crypto anywhere that accepts Visa, no additional fees, and advanced security features, while cons include limited crypto support, limited withdrawal limits, and potential fees from the card issuer.