coinbase debit card ?

[Audius]

Coinbase Debit Card I would like to ask a question on the BTC.gripe cryptocurrency forum in English.

 

[Beatrice]

Coinbase Debit Card: What is it?

Coinbase is a popular digital currency exchange platform that allows users to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Coinbase also offers a range of services and tools, including a debit card. The Coinbase debit card is a Visa-branded card that allows users to spend their cryptocurrency holdings directly from their Coinbase wallet. The card is linked to the user's Coinbase account and can be used to make purchases at any store that accepts Visa cards.

How does the Coinbase Debit Card work?

The Coinbase debit card is linked to a user's Coinbase account and is powered by the Visa network. When a user makes a purchase with the card, the funds are automatically taken from their Coinbase wallet and converted into the currency of the purchase. The user's Coinbase wallet must have sufficient funds to cover the purchase. The card can be used anywhere Visa is accepted, including online and in physical stores.

What are the fees associated with the Coinbase Debit Card?

The Coinbase debit card has no monthly fees and no foreign transaction fees. However, there is a 3.49% transaction fee when using the card. This fee is applied to all purchases made with the card, regardless of the currency. Additionally, there is a 2.49% fee for ATM withdrawals.

What are the benefits of the Coinbase Debit Card?

The Coinbase debit card offers several benefits to users. It allows users to instantly access their cryptocurrency holdings and spend them directly from their Coinbase wallet. The card also eliminates the need to convert cryptocurrency to fiat currency, which can be time-consuming and costly. Furthermore, the card can be used anywhere Visa is accepted, making it a convenient way to spend cryptocurrency.