Coinbase has announced that its dedicated cryptocurrency debit card is now compatible with Apple Pay, allowing users to pay and earn crypto.
There Coinbase Card is a Visa debit card that allows users to spend cryptocurrencies around the world. Support for Apple Pay allows you to quickly activate your cards and make contactless payments via iPhone or Apple Watch.
Many people are still on the waiting list for this card and Coinbase says that sending will start starting today. After applying and being accepted, Coinbase Card users can already add it to Apple Wallet while waiting for the physical debit card to arrive. Anyone who has already applied for or owns the card can already add it to Apple Pay.
There Coinbase Card it works by automatically converting any cryptocurrency in the Coinbase account into euros. Standard conversion fees apply, but users will be able to earn up to 4% in cryptocurrency rewards for their expenses.