Coinbase Card Rolls Out Support for Five New Coins, Including XRP
The Coinbase Card is now available in 10 more European countries. The expansion also saw the Coinbase rolling out support for five new coins – the BAT, REP, XLM, XRP, and ZRX.
The VISA debit card is linked to the Coinbase wallet and supports standard cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). It is only available to residents of specific European Economic Area countries.
The crypto-powered card initially covered Western Europe, but now it has also added Bulgaria, Denmark, Iceland, Croatia, Hungary, Norway, Romania, Poland, Sweden, and Liechtenstein to its list.
The Coinbase Card is distinct from other crypto debit cards because it’s linked directly to the user’s wallet. When a customer uses the card to make a purchase, the digital currency is immediately converted to fiat.
The card is also supported by the Coinbase app. The application boasts of expense tracking features and can provide monthly spending statements and summaries. Users don’t even have to wait for the physical debit card to arrive as the app also carries a virtual card. However, it’s only available for specially supported mobile devices.