Review on Coinbase Card by Yenkelys Barcenas
Coinbase Card. The VISA for cryptocurrencies.
Debit cards are a means of transactions par excellence, they have made our lives easier and have saved us the pain of not having enough cash to make a payment in a commercial place. The Coinbase Card is a cryptocurrency debit card, which allows global payments using your cryptocurrencies to make payments in stores, withdraw cash from ATMs and contribute to the process of adoption of cryptocurrencies, with the support of VISA, it allows to be used anywhere in the world where VISA is accepted as a means of payment.
Its creators presented it in two formats, available in a virtual way to be used through the mobile applications of Android and iOS; and in physical or plastic form, that works like a common debit card of any traditional bank and that operates through contactless, chip and PIN. Like other cryptoactive cards, this one allows you to instantly spend your bitcoin, ethereum, litecoin and more and ready for any place in the world that supports the operation of VISA cards and in each case, the recipient of the payment will do so in the currency of legal course of the place, Coinbase is responsible for making the change at the time.
It is enabled for the United Kingdom and the entire European community, and although it can work worldwide, only those who live in this part of the continent can access them. Get the Coinbase Card is a simple process: you must be a user of the Coinbase platform and have a sufficient balance within the platform, which can support the price of the card, and make the request. Once the card is received, its activation can be done through mobile applications or through the technical support offered by the company, with the use of a QR code that comes on the card. Once activated it can be used without restrictions. It is one of the safest and most reliable cards, however the ideal would be not to keep all your money on one card, in these cases it is better to use your wallet and reload the card.
Pros
- The process to get the card is simple.
- It is accepted as a means of payment wherever VISA cards are used.
- The virtual card can be used all over the world.
- Mobile applications are compatible for Android and iOS.
- The mobile application is very fluid, it allows you to carry out transactions quickly and easily.
Cons
- The VISA card is available only in the United Kingdom and the European Union.
- Get the card is expensive.
- You must to pay high commissions to transactions.
