Five more cryptocurrencies are now supported by Coinbase’s Visa debit card, which has also been rolled out to ten more European countries.
Coinbase Visa card users can now make transactions in XRP, basic attention token (BAT), augur (REP), 0x (ZRX) and stellar (XLM). The card already supported bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC).
The new countries it is now available in are Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania and Sweden.
Commenting on the news CEO at Coinbase UK, Zeeshan Feroz, said:
“By more than doubling the number of assets our customers can spend on Coinbase Card, as well as introducing the card to 10 new countries, Coinbase continues to help drive crypto’s role as a utility, and not just an investment.”
Launched in April in the UK and EU, the Coinbase Card instantly converts cryptocurrency to fiat currency at the point of transaction. It can be used anywhere in the world that accepts Visa. There are some fees – including a 1% charge for domestic and 2% for international ATM withdrawals over €200.
Visa payments can also be made via mobile devices using an app Coinbase provides for both iOS and Android.
AYO.NEWS says:
Once again we see even more cryptocurrencies become genuinely useful for everyday purchases, pretty much anywhere. Between fiat/crypto debit cards and fiat/crypto merchant payments services, soon it should be possible to use popular cryptocurrencies to buy just about anything, with no more hassle than paying with fiat.
Just yesterday we reported that Bitcoin Suisse is partnering with Worldline to massively expand cryptocurrency acceptance in Switzerland, in a move that should see Bitcoin (BTC) accepted by 65,000 online and offline merchants in that country alone (read more).
AYO.NEWS says features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited.