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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
 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.

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