Coinbase allows buyers to use 3D secure cards to buy Bitcoin

Virtual currency company Coinbase has announced that to buy Bitcoin, now users can use 3D Secure enabled credit and debit cards. This facility can be availed, at present, by its Spanish and British consumers.

The 3D Secure feature works by enabling the two-factor authentication that will be used for making purchases with credit and debit cards.

In its announcement, the company has also given out directions, by following which, a consumer can procure Bitcoin easily. The directions read: “To get started, sign in and visit the payments method page. Click “Add Credit / Debit Card” to add your card. Once you have added an eligible card, you will be able to select this payment method from the buy page to instantly purchase Bitcoin in GBP or EUR. Since credit and debit cards will not require a customer to pre-fund their Coinbase account with a bank transfer, customers in the UK and Spain can now receive Bitcoin instantly.”

Earlier, we had also reported that Coinbase has shared a new version of its iOS app. This update contains Identity Verification, Instant Exchange, and bug fixes.

Prior to that, Coinbase had showed its aggressive streak when, to lure more users, it had announced several

Read more ... source: NewsBTC USA