Coinbase Launches Visa Debit Card In The UK That Lets You Spend Crypto

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Written by Ann Brown
cryptocurrency
Image: https://www.coinbase.com/card

This is a breakthrough for cryptocurrency. The first-ever debit card has debuted in the U.K. and E.U. that links directly with a major cryptocurrency exchange. It allows users to spend their crypto balances directly from their crypto wallets.

Coinbase Card has been launched through a partnership with Visa, enabling users to trade Bitcoin, Ethereum, Ripple’s XRP and Litecoin, all spendable through the new debit card, Computer World reported.


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According to Visa, the Coinbase Card lets users “spend crypto as effortlessly as the money in their bank” as well make cash withdrawals from any ATM. The cryptocurrency can be converted into British pounds, Euros, or U.S. dollars.

“Customers can use their card in millions of locations around the world, making payments through contactless, Chip and PIN,” Coinbase U.K. CEO Zeeshan Feroze explained in a blog post on Medium. “When customers use their Coinbase Card, we instantly convert crypto to fiat currency.”

Coinbase has also launched the Coinbase Card app, which enables customers to select which of their crypto wallets they will use to fund their Coinbase Card spending.

According to the Coinbase website, Coinbase Card is currently only available in the U.K., but will soon expand to other European countries.


About Ann Brown

Ann Brown has been a freelance writer for more than two decades. Her work has appeared in CocoaFab, Black Enterprise, Essence, MadameNoire.com, New York Trend, Upscale, Moguldom, AFKInsider, The Network Journal, Playboy, Africa Strictly Business, For Harriet, Pathfinders, Black Meetings & Tourism, Frequent Flier, Girl, Honey, Source Sports, The Source, Black Radio Exclusive, and Launch. She studied journalism at New York University and has her B.A. Born in New York, Ann lived in Praia, Cabo Verde, for nearly a decade. She created β€œAn American In Cabo Verde,” a Facebook community.