Cryptocurrency exchange Coinbase has expanded its debit card offering to six new countries across Europe, according to a press release shared with Coin Rivet.
In April, the popular exchange announced that its debit card was available to residents in the United Kingdom, with more European countries to follow.
The operation has now expanded to Spain, Germany, France, Italy, Ireland, and the Netherlands.
This means that residents in each of these countries will be able to “spend crypto instantly” in-store and online.
The card will be supported by a mobile app on both iOS and Android and will be made available to anyone that holds a Coinbase account.
Spain, Germany, France, Italy, Ireland, Netherlands — spend your crypto anywhere, anytime. Coinbase Card is now available in 6 new countries. Follow @CoinbaseCard for updates and news. https://t.co/euKSlLpHAp pic.twitter.com/Gcymune503
— Coinbase (@coinbase) June 12, 2019
Following the launch of the debit card in the UK, Coinbase CEO Zeeshan Feroz said: “We’re excited to announce the launch of Coinbase Card, a Visa debit card that lets customers in the UK spend crypto as effortlessly as the money in their bank.”
Coinbase is one of the most widely-used cryptocurrency exchanges. Coinbase Pro facilitates more than $250 million in daily trade volume and offers 46 trading pairs.
At the height of the bull run in 2017, the Coinbase app was the most downloaded app on the US Apple app store.
This latest move to debit cards is a positive step in driving mainstream adoption of cryptocurrencies. Not only will it encourage people to spend crypto, it also exemplifies the simplicity of using crypto for day-to-day costs.
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