Coinbase Card Now Supports Apple Pay for Easy Spending of Cryptocurrency

Popular cryptocurrency exchange platform Coinbase today announced that the Coinbase Card now supports Apple Pay and Google Pay. Select customers will be invited from the Coinbase Card waitlist starting this week.

coinbase apple pay
Coinbase Card is a debit card, so signing up will not impact your credit score, and there are no application fees. Once you are approved for the card, you can immediately begin spending with Apple Pay and Google Pay, even before the physical card arrives in the mail. Coinbase is offering up to 4% in "crypto rewards" for purchases made with the card.

Keep in mind that the card will not allow you to spend cryptocurrencies like Bitcoin directly. Coinbase will automatically convert the cryptocurrency that you wish to spend to U.S. dollars and transfer the funds to your Coinbase Card for Apple Pay purchases and ATM withdrawals. Conversion fees will apply, as outlined on Coinbase's website.

MacRumors had discovered evidence of Apple Pay support coming to the Coinbase Card in April.

Related Roundup: Apple Pay

Top Rated Comments

Andres Cantu Avatar
8 months ago
Tax nightmare for those in the US.
Score: 13 Votes (Like | Disagree)
ninethirty Avatar
8 months ago

Better spend it all before the fraud market crashes again and the fake money crooks run away with all you real money ?

Conbase execs already dumped their stonks.
It's funny to see you make this stupid claim in every crypto related post (of which there are more and more these days).

Someone missed out, and you really want everyone to know.
Score: 11 Votes (Like | Disagree)
moabal Avatar
8 months ago
As people spend using this card, it might give your CPA a heart attack as they try to determine the taxable event of each transaction!
Score: 10 Votes (Like | Disagree)
xserret Avatar
8 months ago
Yep, more turbo-charged Co2 for all to enjoy
Score: 8 Votes (Like | Disagree)
nwcs Avatar
8 months ago
Easy spending, easy capital gains tax recognition…
Score: 5 Votes (Like | Disagree)
ScottishDuck Avatar
8 months ago
Now you can spend inordinate amounts of fees and tax while also destroying the environment, with ease.
Score: 5 Votes (Like | Disagree)

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