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Coinbase Card Launched via Visa with Crypto Cashback for US Users

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Fri, 22/04/2022 - 9:04
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 Coinbase Card Launched via Visa with Crypto Cashback for US Users
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The largest U.S.-based crypto exchange, Coinbase, spreads the word about launching a crypto debit card in collaboration with Visa that can only be used by U.S. citizens (all but those from Hawaii).

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The news was shared by Chinese crypto journalist and blogger Colin Wu. He also tweeted that users will get cashback in crypto of up to 4% on the amount of coins they spend.

The card allows for making payments in multiple locations (millions of them) in the world plus withdrawing cash from one’s crypto wallets via ATMs.

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Users need to download the Coinbase app in order to use the card, receive crypto cashback and keep track of their remaining crypto balance.

In December 2019, Coinbase launched a debit card in Europe and the U.K. and announced the release of the card for the U.S. in early 2021, promising crypto rewards for using it in Bitcoin and XLM.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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