Coinbase Expands Crypto Debit Card to US Customers

Cryptocurrency exchange Coinbase today announced the expansion of its crypto debit card to the US. The card converts crypto held in Coinbase accounts to US dollars whenever it’s used to buy something. Starting today, US customers of the Silicon Valley-based exchanges can join a waitlist for its Visa debit card.

news coming from Robert Stevens via Decrypt

Starting today, customers in the US can join the waitlist for Coinbase Card, a Visa® debit card that allows crypto to be used for payments and purchases online and in-store as well as for ATM cash withdrawals. Coinbase Card also introduces new opportunities for customers to earn up to 4% back in crypto rewards.

• Spend crypto everywhere Visa debit cards are accepted, worldwide: Coinbase Card holders can spend directly from their Coinbase accounts without having to move funds to their bank accounts. Cryptocurrency is converted to US dollars prior to completing purchases and ATM withdrawals².

• Earn up to 4% back in crypto rewards: Earn rewards using cryptocurrency through daily spending. At launch, customers can opt to earn 4% back in Stellar Lumens (XLM) or 1% back in Bitcoin (BTC).

• Seamless card management: Manage spending and rewards preferences directly through the Coinbase app³. Customers can opt to spend stablecoins like USD Coin or other specific cryptocurrencies with the touch of a button.

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