Coinbase, the leading US cryptocurrency exchange, and wallet has announced the launch of the Coinbase card in six additional countries, all located in Europe. After it was released in the United Kingdom, the Coinbase card can now be purchased in Germany, France, Spain, Italy, and the Netherlands. The card will also be available in Ireland.
The Coinbase card is developed with Visa, and it aims to allow customers to be able to shop with cryptocurrency on any terminal, which accepts Visa.
To provide full functionality, Coinbase has developed mobile applications for both iOS and Android. This allows users of the card to select the specific currency they would like to pay in, for any given transaction.
To illustrate this functionality further, Zeeshan Feroz, Coinbase U.K. CEO, said:
You can buy groceries on Bitcoin and then coffee on Litecoin right after.
Coinbase has been gradually upgrading the availability of its services throughout the past several months. The Coinbase card is one of several recent improvements to the products catalog of the company.
Just last month, Coinbase introduced its services to an additional fifty countries. Not only that but the company is continuously adding new stablecoins to the platform, including reward programs where users receive dai coins for interacting with educational materials.
To provide comprehensive information to its users, Coinbase has developed the mobile app so that it records and tracks any withdraws and top-ups made with the card. Essentially, the Coinbase card is just like any other debit card, and you can use it worldwide; however, there is the added benefit of being able to use your crypto money for daily transactions.