cryptocurrency transactions | Now cryptocurrency can be spent through VISA cards


Cryptocurrency has long been accused of being difficult to trade in the real world rather than conventional currencies. The price of volatile cryptocurrency is not too stable to be used as a payment instrument. As a result, cryptocurrency is more widely used as a store of value than traditional exchange instruments.

to overcome that problem. One of the largest cryptocurrency exchanges in the world, Coinbase, has collaborated with VISA to launch Coinbase Card. This card can allow users to spend cryptocurrency as easily as spending traditional currencies, Visa debit cards can be used to spend Bitcoin, Ethereum, Ripple, and Litecoin stored in a coinbase wallet by changing it first to fiat currency when the debit card is used.


Coinbase users can choose which crypto they will spend through the application. The application will support all crypto assets available on the coinbase platform and the application also offers receipts, summary summaries, and expense categories to help users control and track expenses.

Coinbase cards are currently only available in the UK and plan to expand support in several European countries in the coming months. Unfortunately, Coinbase has not planned to publish it outside the European region.

Source: Forbes

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cryptocurrency transactions | Now cryptocurrency can be spent through VISA cards cryptocurrency transactions | Now cryptocurrency can be spent through VISA cards Reviewed by sheffter on April 14, 2019 Rating: 5

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