Coinbase’s Visa Card Now Supports 5 More Cryptos in More E.U. Countries
- The Coinbase Visa Card now supports XRP, BAT, REP, ZRX and XLM.
- The card enables the exchange’s customers to make purchases, anywhere Visa is accepted, with digital currencies through their Coinbase accounts.
Coinbase office reception. The Block
Cryptocurrency exchange Coinbase has expanded the support of its Visa debit card with five more crypto options, the company announced on Twitter on 14 November.
According to the tweet, holders of the Coinbase Visa Card can now spend their Ripple (XRP), Basic Attention Token (BAT), Augur (REP), 0x (ZRX) and Stellard (XLM) directly from the card.
With the addition of these cryptos, the total options for the card have become nine, with it previously supporting only Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).
In a separate tweet, the company further announced that it has expanded the availability of the card to 10 more European countries, bringing the total of supported countries to 29.
The exchange’s customers in Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania and Sweden now also have access to this product.
Coinbase UK’s CEO, Zeeshan Feroz, said in a statement:
“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.”
Coinbase’s Visa debit card was first launched back in April, to allow U.K. and EU customers of the exchange to make purchases with digital currencies from their Coinbase accounts.
The company has claimed that the card can be used anywhere that Visa is accepted, with Coinbase converting its customers crypto funds into fiat for a fee.
- A little over $13 million in altcoins were sent to crypto exchanges Binance and Coinbase in the past 24 hours, which is in accordance with a September court order.
- The court ordered a phased liquidation process, which allows the bankruptcy estate to sell $3.4 billion worth of digital assets over a certain period of time.
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- Coinbase’s Base blockchain was made available to the public on Wednesday, featuring over 100 dApps and services as part of its ecosystem.
- In order to show its capabilities and promote its mainnet partners, Base has also launched an event called “Onchain Summer” that will allow users to mint exclusive NFTs on the network.
- During an interview with FT, CEO Brian Armstrong said that before the lawsuit a SEC staff member had said that all crypto except BTC was security, and should be delisted.
- When asked how he came to that conclusion, the SEC staff member reportedly said “we’re not going to explain it to you, you need to delist every asset other that Bitcoin”.