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Coinbase debit card- A quick review on the wallet usage for first-timers
You might be aware of the amount of attraction that the cryptocurrency marketplace has gained in these years. And today, we have a plethora of platforms that are making crypto investment a convenient option for beginners. So, in today's review, we will introduce you to one of the best offerings of the crypto giant known as Coinbase. Well, Coinbase comes with several power-packed features that could help you with earning more and more through your investments. In this write-up, we'll be shedding some light on the Coinbase debit card.
Well, this debit card works just like a Visa card with which you can easily earn great rewards and cashback of up to 4% whenever you make any kind of purchase through your debit card. However, there is one difference between the traditional Visa card and the Coinbase debit card viz. you need to make payments in cryptos instead of cash. Now, if you wish to know how to use this card, read the section below.
How does the Coinbase debit card work?
A debit card that is offered by Coinbase works in a similar manner as any other Visa debit card and is accepted in all those places where the Visa card is accepted. By using this card, you can make payments through your cryptos or USDC/USD wherever this card is accepted. And, whenever you spend money through this card, you will be given the opportunity to earn rewards through it. However, this option is limited and can only be utilized by US residents. The best part about this card is the "Coinbase debit card cash back" which is provided to you whenever you make transactions in different cryptos.