Coinbase CEO Brian Armstrong at Vanity Fair's New Establishment Summit, talking about the future of crypto and Facebook's Libra
Coinbase CEO Brian Armstrong at Vanity Fair's New Establishment Summit, talking about the future of crypto and Facebook's Libra. Vanity Fair

According to a press release published on 1 June, select customers on the Coinbase Card waitlist will be invited to begin earning up to 4% back in crypto rewards. Users will be able to choose whether they want to get 1% back in Bitcoin or 4% back in Stellar Lumens (XLM). 

“Using Coinbase Card with Apple Pay and Google Pay makes it even easier to spend and grow your crypto,” the company said in the announcement.

When using the Coinbase Card via Apple or Google Pay, Coinbase will automatically convert all cryptocurrency to U.S. dollars and transfer the funds to users’ cards for use in purchases and ATM withdrawals. 

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Coinbase’s Apple Pay integration follows similar moves from Lumi, BitPay, and Celsius, all of which have added Apple Pay support in the past six months. 

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