Review on Coinbase Card by Robiul Islam
Revolutionary piece of technology.
This is a great option for anyone who already uses the exchange, and serves as a straightforward method to turn the funds held in Coinbase into an expendable asset. Coinbase is a well-respected and transparent project within an established operator and industry, but to use the card you must have a Coinbase account and the fees are a bit higher than the other cards available.
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Pros
- This makes cryptos faster and easier to spend.
- Easily connect to your Coinbase wallet.
- The card is accepted as a standard Visa Debit Card anywhere.
- It's just like a standard debit card, except crypto. You can even go by tapping on it.
- Cheap with very fast delivery.
Cons
- High fees per transfer.
- Security is a bit weak when you're about to access the card.
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Comments (2)
September 11, 2020
I agree with Mr. Temitope, especially on the card restriction on some countries especially those developed countries of the African continent. Also the kind of transaction fees they charge is quite on the high side cos I don't see a reason why I should be charged 20 Euros for a reversal. That's almost 10,000 Naira which is quite outrageous and on the high side. The percentage collected on every purchase is also not conducive. 2.49% per purchase isn't nice at all
May 01, 2020
The credit card of coinbase is a good way to save one cryptocurrencies and spend it at ease. However, coinbase though very popular and trustworthy among crypto exchanges, but is not in all countries of the world, as a result it's card also has that limitation that is, the card is not available for use in the country where coinbase is not yet in operation.
