At present, there are 108 coins, and still counting. Because the card is linked to your Coinbase account, you can use the card to make payment in any of the cryptocurrencies supported on Coinbase. The vast array of cryptocurrencies is one of the exciting things about the Coinbase debit card. However, ATM withdrawals are not eligible for rewards. Rewards are sent to your account within 1-5 days of your transaction, depending on the payment merchant. You can either choose to get 4% cashback in XLM tokens or 1% cashback in BTC. However, it gives you the option to toggle between what kind of rewards you want. Earn Crypto? The rewards system in the Coinbase debit card works regardless of the cryptocurrency you spend. ![]() The coinbase debit card is also connected with Google Pay and Apple Pay, facilitating even faster crypto payments with the touch of a button. When you make a crypto purchase, the selected crypto is instantly converted to the native currency(Pounds or Euros or Dollars), and a cashback is given as a reward. Spend Crypto? Presently, there are 100+ cryptocurrencies supported on the Coinbase Debit card.Once you get your card, you can activate it with the Coinbase app or the website using the activation code in the letter accompanying your card. There are no annual or sign-up fees, but there is an issuance fee of £4.95(or €4.95 or $4.95). Therefore you can only have one card per account. The Coinbase card connects to your personal Coinbase account. There is a 2.49% liquidation fee on top of the standard transaction fees when you make purchases with any other cryptocurrency apart from USDC.It gives the user much purchasing power with a €10,000 daily spending limit(or $2500 for US citizens).It has wide coverage with support in over 30 countries, the US included.It provides rewards for users in terms of cashback up to 4% on every crypto purchase (1% for Bitcoin and 4% for Stellar Lumens).It builds on the reputable security features that Coinbase offers and adds an AES 256 level encryption to boost security further.Therefore, there is no need to fund the card separately. It acts as the middleman between your coinbase account and the real world.This makes it more unique than many other cards of the same type. You don’t have to preload the card before using it because it’s connected to your Coinbase account. It was introduced to make it easier to spend your crypto on everyday purchases, facilitating mainstream crypto adoption. It was launched on April 11, 2019, and was first open to only European citizens before being extended to US citizens on October 28, 2020. The Coinbase debit card is the result of a collaboration between two financial giants – Coinbase and Visa. INTRODUCTION: What is the Coinbase debit card? BOTTOM LINE: COINBASE DEBIT CARD REVIEW.HOW DOES COINBASE DEBIT CARD COMPARE TO….HOW TO APPLY FOR AND VERIFY A COINBASE DEBIT CARD.INTRODUCTION: What is the Coinbase debit card?.
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