XRP, XLM Are Among 5 Coins Added to Coinbase Crypto Debit Card

News
Thu, 11/14/2019 - 13:40
Yuri Molchan
Coinbase Card adds XRP, XLM and other three altcoins, expanding the crypto debit card’s utility to ten new countries
Cover image via www.coinbase.com
Contents

Crypto adoption is getting wider and wider and now Mashable reports that one of the biggest crypto exchanges, Coinbase, has added five new coins to its crypto debit card. Among them are XRP and XLM.

Nine coins, new countries

Coinbase Card has expanded to ten new countries and is rolling out five new coins on it – XRP, XLM, REP, BAT and ZRX. Previously, the card only offered its users a chance to pay with just four top currencies – BTC, LTC, BCH and ETH. Now, the total number of supported assets has expanded.

The chief of marketing at Coinbase UK, JD Millwood, says:

"Since launching earlier this year, Coinbase Card has helped tens of thousands of users spend their crypto as easily as the money in their bank accounts. With Christmas approaching, the demand for Coinbase Card will be will higher than ever." 

The Coinbase crypto card has expanded to new countries. Among them are Denmark, Norway, Iceland, Hungary and other countries of Scandinavia and the former USSR.

Besides, the card can be used everywhere in the EU, except for Malta and the Czech Republic.

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Similar cards launched by crypto platforms

Earlier, U.Today reported about similar products brought out to the market by other crypto companies. Among them is the GRID X BitTorrent card that allows storing and spending TRX and BTT tokens.

Also, the Litecoin Foundation spread the word that in Q4 this year, they would launch an LTC debit card – the BlockCard – along with their partner Ternio.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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