By Coinbase has expanded support for five more cryptocurrencies in its Visa debit card in ten new jurisdictions, According to a tweet from Coinbase on November 14. Coinbase card is now present in 29 European countries and has support for a total of 9 cryptocurrencies.
The latest addition to the bunch include XRP, Stellar (XLM), 0x (ZRX), Basic Attention Token (BAT) and Augur (REP), thus users can spend using the listed currencies. Alongside these, major cryptocurrencies like Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) are also supported.
The new regions Coinbase is available in are Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania and Sweden. The exchange debuted its visa debit card for the first time in the United Kingdom on April 10. The card lets you make purchases with digital currencies directly from the coinbase accounts. As part of the process, Coinbase converts users crypto funds to fiat money for a fee.
Cryptocurrency debit cards have seen a rising trend in 2019. Earlier, the Litecoin Foundation had announced its plans of launching a physical debit card in association with BiBox Exchange and blockchain firm Ternio.
As reported earlier, Coinbase, the popular exchange and wallet provider, introduced a staking service for Tezos (XTZ), which enables users to earn dividends on their XTZ holdings just for depositing and holding the token on the platform. Eligible customers who deposit Tezos (XTZ) can opt for the exchange to use their stored tokens for staking. The process involves the users delegating their holdings to those running the blockchain software in exchange for sharing some returns.
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