Review on CoinsBank GBP by Olugbenga Ajayi
Coinsbank card is for BTC and LTC transaction
At a time when blockchain is becoming popular and is used to provide important financial services, the need for crypto currency debit card cannot be overemphasized.
Coinsbank GBP card is such card that provides faster and convenient way to transact and make payment with cryptocurrencies. While GBP serves as the base currency, the card gives access to the cryptocurrencies held in the card. Digital assets supported are BTC and LTC.
The card come in two form which are physical and virtual. Usually delivery takes a few days after requesting. The card is supported with apps which can be used to restrict usage or freeze the card in case of theft. Deposit or top ups can be easily done with bank wire.
There are lots of charges connected to use of this card though. Issuance cost £99.95. There is monthly fee and ATM withdrawal fee. Most of these charges are above industrial average hence the card seems too expensive for an ordinary man.
Pros
- It offers cash back of 10 Satoshi everyday the card is used
- It is linked to coinsbank wallet through which other digital financial operations can be done
- Makes transaction with cryptocurrencies easier and convenient
- The card is supported with app that can be used on most platforms
- It offers enhanced security features for account Holders
- It support multiple flat currencies
Cons
- So many high charges are involved in using the card
