Bitcoin Visa debit card will be launched soon (Credit : Coindesk)

Prepare yourself! Bitcoin Cs Debit Card Will Be Launched

For you, Bitcoin users or who will use Bitcoin, prepare yourself! Because digital currency exchange (cryptocurrency), Coinbase, on Wednesday (6/12/2019) announced that it's Visa debit card will be launched in six European countries. Previously this debit card had made its debut in the UK in April.

Reported by CNN on Friday (04/12/2019), regarding exchange of Coinbase crypto currency stated that the card will convert crypto coins into pounds. This card will also be used to withdraw cash from ATM machine.

According to CNBC International, Coinbase UK CEO, Zeeshan Feroz said that purpose of the card launch was to make payments with unlimited digital currencies like paying in cash. For example, buying food with Bitcoin and buying coffee with Litecoin.

Coinbase Card is the first crypto currency debit card in UK, according to Coinbase. Experts say that the surge in price of crypto currency will attract new investors. Crypto’s price currencies are predicted to continue increase. This because crypto currency exchange companies start making these digital coins easy to spend.

Startups, banks and technology companies will increasingly try to make payments and trades with crypto currencies more accessible.

Binance which is a competitor of Coinbase, is one of the largest cryptocurrency exchanges in the world. This company partnered with the fintech Simplex company to offer credit and debit card payments using Bitcoin cs earlier this year

Source: https://money.kompas.com/read/2019/04/12/062100826/kartu-debit-bitcoin-hadir-di-eropa