Coinbase supports real-time card withdrawals via Visa Direct for digital assets

Monday 5 October 2020 13:02 CET | News

Coinbase has announced it is now offering instant crypto – fiat withdrawals in around 40 different countries including the US, UK, and several other European jurisdictions.

Citing CrowdFundInsider, Eddie Lo, Product Manager at US-based crypto exchange Coinbase, notes that Coinbase is delivering a faster, simpler, and more connected experience for its users — supporting conversion of crypto balances into fiat, which can be spent at the more than 60 million merchant locations where Visa is accepted.

Thus, customers based in the US, UK, and Europe now have the option to withdraw their funds by using a linked Visa debit card. Customers in the US may withdraw funds with their Mastercard. Coinbase continues to list new tokens so that its users have more trading options. The exchange recently listed Balancer (BAL) and Ren (REN) tokens for Coinbase Pro users.

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Keywords: Coinbase, cryptocurrency, Fiat, withdrawals, Bitcoin, Ethereum, Visa Direct, cards, Visa, MasterCard, crypto exchange
Categories: DeFi & Crypto & Web3
Countries: World
This article is part of category

DeFi & Crypto & Web3