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Emmanuel Sunday photo
Gombe, Nigeria
4 Level
166 Review
30 Karma

Review on Coinbase Card by Emmanuel Sunday

Revainrating 3 out of 5

Coinbase Cryto card, an outstanding visa card.

experience

Coin base card is a visa debit card connected to your coin base wallet, it allows you spend your funds in your coinbase wallet directly from any POS terminal or ATM. You don't have to have USD or EUR in your account, you simply need to have any crypto in your wallet, either Bitcoin, litcoin, trons, bitcoin cash, etc. It will be converted to your appropriate currency to cover your purchase
Using coinbase cards, it gives you some super features, ranging from contactless transactions, which can be used in your Google pay account, also you keep track of your payments and freeze your card in case of suspected malicious activities. Also, with the mobile app, you keep track of your transactions, you also get instant alert on transactions




Pros
  • There is no changes for maintenance as most cards do.
  • It has both the plastic and the virtual card, allowing you make transactions work even while awaiting the arrival of the plastic card.
  • It is a visa type of card which requires no start up fee or maintenance. You also earn 4% when you make purchases.
  • Can be added to Google pay which enables you make contactless payments.
Cons
  • High crypto exchange fees of about 2.28%. This is very high, that it has disrupted my budget before.
  • Issuance fee for plastic card is high, about £4-5, and also the security is kind of weak, no pin for the mobile app where you can manage your card.
  • You need to have have completed two step verification of your kyc and need up to £5 worth of any coin in your wallet before you can get one.

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