Since its launch in early 2019, the Coinbase Visa card has been one of the most popular crypto debit cards available. The card allows users to spend their digital assets anywhere that accepts Visa, and also earns them rewards in the form of cryptocurrency cashback.
So, how does the Coinbase Visa card work?
In order to use the card, users must first link it to their Coinbase account. Once linked, they can then use the card to make purchases anywhere that accepts Visa.
NOTE: WARNING: Coinbase Visa Card is a prepaid card issued by financial institutions, and is not associated with any bank account or credit union. It is important to understand the terms and conditions of the card before using it to make purchases. Additionally, Coinbase Visa Cards can only be used in countries where Coinbase services are available and may not work in countries where Coinbase does not have a presence. Please be aware of the fees associated with using the card, as these can vary from country to country.
At the point of sale, the card will automatically convert the user’s digital assets into fiat currency, and then complete the transaction.
In addition to being able to spend their digital assets anywhere, users of the Coinbase Visa card also earn rewards in the form of cryptocurrency cashback. Each time the card is used for a purchase, the user will earn a certain amount of cashback, which is deposited into their Coinbase account in the form of cryptocurrency.
The amount of cashback earned depends on the merchant, but is typically around 1-2%.
So there you have it! That’s how the Coinbase Visa card works. By linking it to your Coinbase account, you can use it to make purchases anywhere that accepts Visa, and also earn rewards in the form of cryptocurrency cashback.
8 Related Question Answers Found
The Coinbase Card is a Visa debit card that allows customers to spend their cryptocurrency as easily as they would spend any other currency. The card is connected to the user’s Coinbase account and can be used anywhere Visa is accepted. To use the card, customers simply need to fund their account with the desired cryptocurrency.
The Coinbase debit card is a new way to spend your crypto currency. It’s a VISA debit card that is connected to your Coinbase account and allows you to spend your crypto currency anywhere that VISA is accepted. There are no fees to use the card and you can use it anywhere in the world.
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