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by John W. Simek, Vice President of Sensei Enterprises, Inc.

Spend Cryptocurrency Anywhere VISA is Accepted

October 29, 2020

Having trouble spending your cryptocurrency (e.g. Bitcoin, Ethereum, Monero, etc.) for services and products? Not to worry. According to a Verge report, Coinbase announced a VISA debit card called Coinbase Card. The Coinbase Card eliminates the middleman and draws funds directly from your Coinbase account. It supports more than 30 cryptocurrencies and converts everything to US dollars before completing the transaction.

Shocker, but there is also an option to participate in a rewards program. The program gives you 1 percent back in bitcoin or 4 percent back in Stellar Lumen. There is a FAQ webpage for the Coinbase Card that gives more details about the card. Pay particular attention to the Fees and Limits section. Some of the fees can be pretty steep.

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