Coinbase is global cryptocurrency exchange and this is the first ever exchange that has got it I PO done and also listed on the stock exchange. The exchange has been doing great in the market offering highly advanced platform for traders along with wallet functionalities which is also easy to use.
This time when cryptocurrency market is growing and the Bitcoin adoption is also increasing so the use case for Kittu in the real life is important. We have multiple options through which we can make the payment using Bitcoin and some other currencies but now the coinbase exchange is taking another step forward.
The exchange has partner with American express and it is going to launch a card which will be given cashback in the form of Bitcoin and this can pay up to 4% following certain criterias.
Coinbase announced that it will launch its first credit card, the Coinbase One Card, on the American Express Network. The Coinbase One Card will offer up to 4% Bitcoin back on every purchase, offered by Coinbase and Cardless, and issued by First Electronic Bank.
This cashback is such a fantastic reward which the card holders are going to enjoy especially they know that the value of Bitcoin is going rise if they hold it then the value of Bitcoin will also grow.
Registration process for the card has already been started and it is applicable only in United States for now and there is no update when it will be roll out to other countries but surely it is a great product for the people in United States. It will take some time for the delivery to get started but for now registration can be done and it will be delivered in next few months.
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