The cryptocurrency exchange Coinbase has launched a Visa debit card for US residents, offering up to 4% crypto cashback on every purchase.
💳 🎉 Starting today, any US customer can sign up for Coinbase Card.
✔️ Earn up to 4% crypto back on every swipe
✔️ No spending fees
✔️ No annual fees, credit check, or sign up requirementsSign up now at https://t.co/1mk6wLXeZY, terms apply.* pic.twitter.com/pI6pHIHv8h
— Coinbase (@coinbase) April 21, 2022
Residents of Hawaii will not be able to order the card.
There are no transaction fees on Coinbase Card. There are no maintenance fees, and no credit checks or sign-up requirements.
The exchange earns on the spread when converting to US dollars, the size of which is disclosed in the user agreement.
Cardholders will be able to choose the cryptocurrency in which they wish to receive the cashback. Available options include BTC, ETH, DAI, DOGE, XLM, AMP, ALGO and RLY. The received digital assets can also be spent without fees.
The announcement of the debit card for US residents состоялся in October 2020. In June 2021 Coinbase добавила поддержку Apple Pay.
In April 2019, UK users gained access to Coinbase Card. A few months later the company released cards for residents of Spain, Germany, France, Italy, Ireland and the Netherlands.
Earlier Visa said that in October-December 2021 holders of crypto cards потратили $2,5 млрд.
According to the company, the number of its crypto-card issuing partners rose from 56 to 65, including Coinbase, Circle, FTX, Bakkt and BlockFi. The number of merchants accepting digital assets nearly reached 100 million.
According to Mastercard’s study, in 2022 40% of users of the payment system планируют использовать цифровые валюты.
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