Coinbase Initiates Bitcoin Purchase through US Debit Cards

Coinbase Initiates Bitcoin Purchase through US Debit Cards

In an announcement today, Bitcoin exchange Coinbase has announced the beta launch of a new feature that will lead to enabling US customers to purchase bitcoin instantly via debit cards.

Coinbase has announced the beta launch of a new feature that will facilitate the purchase of bitcoin(s) instantly with US-based debit cards. The feature is already available for European users of Coinbase who have the means to buy the cryptocurrency through credit and debit cards.

An announcement from Coinbase’s blog read:

Today, we’re launching a new Coinbase product (in beta) to users in the United States. Buy bitcoin instantly with debit cards.

Since there are over 5.2 billion debit cards in circulation, we’re confident this capability will make it significantly easier both for new users to get their first bitcoin, and for existing users to get bitcoin quickly.

The announcement also added that the feature will only be available for 1% of US customers today, while in its beta phase. The eventual rollout over the ‘coming months’ will see the feature enabled

Read more ... source: TheBitcoinNews

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