Digital currency exchange Coinbase has extended the availability of its Visa-powered debit card to six additional European countries, marking a significant step in its global expansion strategy. The card, which debuted in the U.K. in April, enables users to spend cryptocurrencies like Bitcoin, Ethereum, and Litecoin seamlessly at millions of merchants worldwide.
How the Coinbase Card Works
- Instant Crypto-to-Fiat Conversion: Transactions automatically convert digital assets into local fiat currency (e.g., euros or pounds) at the point of sale.
- Multi-Currency Support: Funds are drawn directly from the user’s Coinbase wallet, supporting all tradable cryptocurrencies on the platform.
- Flexible Payment Options: Compatible with contactless, chip-and-PIN, and ATM withdrawals.
Expanded European Availability
As of June 12, the card is now operational in:
- Spain
- Germany
- France
- Italy
- Ireland
- The Netherlands
Zeeshan Feroz, CEO of Coinbase U.K., noted that demand surpassed initial expectations, with the company exceeding its free 1,000-card offer in the U.K. The standard issuance fee (£4.95) was waived during the launch phase.
Enhanced Features via Mobile App
The accompanying Coinbase Card app allows users to:
- Select preferred crypto wallets for funding.
- View real-time transaction summaries and spending categories.
- Access instant receipts for better expense tracking.
👉 Explore Coinbase’s latest crypto payment solutions
Future Expansion Plans
While Feroz confirmed ambitions to enter other markets (including the U.S.), Coinbase emphasizes the need for strategic banking partnerships to ensure compliance and scalability.
FAQs
Q: Can I use the Coinbase Card outside Europe?
A: Yes—it’s accepted globally wherever Visa is supported.
Q: Are there fees for crypto conversions?
A: Conversions incur standard processing fees, but no hidden costs.
Q: Which cryptocurrencies are supported?
A: All assets tradable on Coinbase (e.g., Bitcoin, Ethereum, Litecoin).
Q: How do I apply for the card?
A: Eligible users can order via the Coinbase website or app.
👉 Learn more about crypto debit cards
Why This Matters
Coinbase’s expansion bridges the gap between crypto and everyday commerce, offering a tangible use case for digital currencies. By simplifying payments, the card accelerates mainstream adoption—a win for both enthusiasts and merchants.