Cryptocurrency exchange Coinbase has rolled out its cryptocurrency debit card in six additional European countries.
The Visa debit card service has now been launched in Spain, Germany, France, Italy, Ireland, and the Netherlands, according to a CNBC report.
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Coinbase first launched the cryptocurrency Visa debit card in the UK in April this year.
The cryptocurrency debit card is powered by customers’ Coinbase account crypto balances. This allows them to pay in-store and online using bitcoin, ethereum, litecoin, and more.
Furthermore, customers can use their card at several locations around the world, making payments through contactless, Chip and PIN, as well as cash withdrawals from ATMs.
Coinbase UK CEO Zeeshan Feroz in an interview to CNBC said that the goal of the card is to make payments with digital currencies as seamless as paying with cash.
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By GlobalData“You can buy groceries on bitcoin and then coffee on litecoin right after,” he said.
Feroz did not reveal how many users the firm had signed up since April but said the company had “blew past” the initial 1,000 cards it offered users for free.
In April this year, British payments platform Wirex revealed plans to launch 26 stablecoins on the Stellar blockchain network. The cryptocurrencies can be spent using the company’s own multi-currency Visa card.
Recently, Hong Kong-based startup Unikeys launched the pre-sale of its crypto-asset hardware wallet, dubbed UKey card, across the world.
UKey card is claimed to be the first hardware wallet that comes with a three factor authentication to ensure biometric security.
