Review on Coinbase Card by Joseph Bello
MY DYNAMIC AND FLEXIBLE WALLET
Coin base is a crypto exchange and broker company based in San Fransisco California,estalblised by Brian Armstrong. This exchange is the largest and most popular so far in the crypto exchange with users in almost 55 countries across the globe as of this year.
My experience or rather views about coinbase card is a pleasant one ,coinbse card is just like my normal bank debit that gives me access to funds on my bank account, thereby allowing me to collect funds,make transactions,purchase goods and services,cash withdrawals at ATM or transfers, It is a visa card and so can be used anywhere visa is accepted,it is used for both international and domestic transactions ,it works both online and offline.
One thing i like most about the card is that their transactions are quite fast,convenient and reliable imagine a card that allows you withdraw up to 200 euro's per month for both domestic and international withdrawals at a free fee ,and even when I withdraw more than 200 euro's I am being charged at a rate of 1% & 2% of my total transactions per month respectively for both domestic and international transactions respectively,any purchase I make with my card is absolutely free.
More so coinbase is a secured platform that offers high security services to their clients/customers. Ever since the inception of this company it's customers data base has never been breached or hacked, this has been achieved by ensuring that once any foul or suspicious transactions are noticed on the clients account they take total control of the users funds to keep it safe ,preventing it users from falling victims to scams.They ensure that their major priority is to keep all sensitive and vital information about my account from third parties or intruders by storing my passwords and OAuth token using bank level AES-256 encryption on my server.
If you are looking for a secure platform for crypto exchange and card then Coinbase is a really good option for you.
Pros
- Multiple currencies are accepted and the cards are also widely accepted
- the platform is highly secured with history of never being hacked before
- the card is available for use in many countries
- it can be used to make cryptocurrecncy transactions and merchant payments
- the card can be used to carry out both domestic and international withdrawal and payment
- one of the biggest upside of coinbase card is that it is easy to use
- unlike some crypto cards whose charges are too much, Coin base works hard to keep their fees low
- all my sensitive and vital informations such as passwords and pins are kept safe from third party
- monitors am my transactions nth I real time and full time
Cons
- your account can be freeze if any suspicious transactions are obsevered
- the way they prevent hacks will require users to give up privacy,security and controls of their coins
- their charges are usually high
- the site might even crash during times of big volatility
New products
Comments (2)
January 09, 2021
It is a visa debit card which is connected to one’s Coinbase account. It allows one to spend any cryptocurrency which is stored in one’s Coinbase account. It converts on its own to required cryptocurrency at the point of purchase.
December 29, 2020
The Coinbase card is another product from the San Francisco based Coinbase. When it comes to Coinbase's product, I believe in it. Think of their Exchange Platform, their wallet and now their card. Acquisition of the card is fast and easy and it is accepted in many nations of the world
