Coinbase Card
High Security with High Fees
If you already have a Coinbase account then using their new debit card is a simple way to access and use your current digital assets. So, what’s the bottom line if you are thinking of getting a Coinbase card? You are getting a card that has high security features, however, Coinbase fees are one of the highest when it comes to debit cards. You will be opting in for ease of use and security while sacrificing cheaper way to spend your crypto.
Ease of Use
Global Availability
Payment Options
Spending Limits
Multiple Crypto Wallets (9)
High Spending Limits
Bank Level AES-256 Encryption Storage
Accepted Wherever VISA is Accepted (Online and Off)
Coinbase app
Many High Fess
Only Available in UK and EU (US Citizens can now join a waitlist)
Charges Card Insurance Fee and Replacement Fee
New Rewards Program Limited to US Users
Stars out of 5
Get Started with a Coinbase Account

Over a year ago Coinbase announced their launch of a Coinbase debit card. It is now available in the UK and EU, with a waiting list open to US users. 

If you are thinking about getting a Bitcoin debit card or one that supports many altcoins then you might consider a Coinbase Card, especially if you already have a verified Coinbase account. 

But, before you sign up for Coinbase, download the app, and register for a card you should do your research first. 

We’ve made it simple with this Coinbase Card Review. Let’s go over the basics so you can make an informed decision. 

How Does the Coinbase Card Work?

Think of a Coinbase Card as any other debit card with one major exception: it uses your crypto coins instead of your fiat money. This means that you don’t need to connect your card to a bank. Instead, it uses your Coinbase account funds then converts it into the local fiat instantly. 

Is Coinbase a Wallet?

Storing your cryptocurrencies is always an important aspect of holding digital assets. The goods news is that your Coinbase account acts as a crypto wallet while allowing you to spend coins anytime and anywhere VISA is accepted. 

Is Coinbase Safe?

Coinbase was founded in June 2012 and has over 35 million active users, making it one of the most used cryptocurrency exchanges. It is also licensed with the state of New York and follows strict regulation guidelines. While its regulatory makes it centralized and not very anonymous, it does provide you with added security. If Coinbase ever got hacked, your coins are insured. It also keeps 98% or more of its crypto in cold storage (offline). 

What are the Coinbase Fees?

Coinbase is known for its high fees as a crypto exchange. It is no different from the Coinbase Card. The main Coinbase fees include:

Initial Card Insurance and Card Replacement £4.95 / 4.95 €
ATM Fees and Withdrawal Limits £200 / 200 € free/monthly then 1% per transaction (2% internationally)
Transaction Fees Domestic: Free

International: 3% of transaction 

Charge Back Processing Fee £20.00 / 20,00 €

In addition to the Coinbase fees, you should also know your spending limits. The daily spending limit is £10,000 / 10.000 €, the monthly limit is £20,000 / 20.000 €  and the yearly limit is £100,000 / 100.000 €.

What are the Available Coinbase Card Countries?

Currently, the Coinbase Card is available to UK and EU citizens. There is a wait list for Americans who want to register for a card. However, the card can be used globally. 

A reward program will become available only to US citizens in the coming weeks as they acquire access. The rewards include Coinbase Card cashback with up to 4% in XLM and as much as 1% in BTC. 

Which Digital Assets are Available with Coinbase Card?

Although Coinbase uses over 30 cryptos and tokens on their exchange, as a crypto wallet Coinbase allows just nine coins. The nine coins are BTC, ETH, LTC, BCH, XRP, BAT, REP, ZRX, and XLM. 

Many Coinbase alternatives only use Bitcoin debit cards with a few using Ethereum and Litecoin. So, the Coinbase Card does offer a decent array of altcoins. 

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