Coinbase Enables Instant Bitcoin Purchase via US Debit Cards
Bitcoin exchange Coinbase has announced that it now enabled instant purchase of bitcoin via debit cards. The feature is available to all users in the United States. Coinbase users in the United States will, like their European counterparts, have the means to instantly buy bitcoin with debit cards. The feature rollout comes after an initial announcement in early March when Coinbase launched the feature in its beta infancy. At the time, only 1% of some 5.2B US debit cards in circulation had the means to get the cryptocurrency. The announcement was made via Coinbase’s social media account.....
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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....
Coinbase has announced customers across 26 countries can buy bitcoin "instantly" from today. Previously, users could top up their accounts via bank transfer, however the exchange now supports 3D Secure credit and debit cards - having trialled the technology in the UK and Spain. In a blog post, the company stated: "Since credit and debit cards will not require a customer to pre-fund their Coinbase account with a bank transfer, customers can now receive bitcoin much faster." Visa's 3D Secure protocol, which requires users to verify their identity via password, is supported by most banks in....
Bitcoin exchanges around the world have been looking at various ways to make the purchase of digital currency much easier for novice users. Instant bank transfers are not available in every individual country, but credit and debit cards are widely accepted. Bitstamp has enabled support for residents in the UK and Slovenia to buy Bitcoin with these traditional payments. It goes without saying that enabling payments through credit and debit cards could be a risky move on Bitstamp’s end. Both of these payment methods are often linked to fraud and chargebacks, which could be of particular....
Coinbase now allows customers in the UK and Spain to instantly purchase bitcoin using 3D Secure-enabled credit and debit cards. The 3D Secure protocol - developed by Visa - requests users enter a password to confirm their identity with the card issuer. Once verified, customers are able to complete their online purchase. The San Francisco-based company, which recently confirmed it had applied for a BitLicense, said in a post:
Coinbase, the largest Bitcoin exchange in the world, has launched debit card payments in the US. The debit and credit card payments were already available to Coinbase’s European customers. Coinbase released the following statement on its website, saying that from the March 1, Coinbase users in the US will be able to buy Bitcoin via their debit cards: The Bitcoin subreddit, /r/Bitcoin, has always had mixed feelings with regards to Coinbase, but the general consensus among the community is that this is a positive development. “Today we’re launching a new Coinbase product (in beta) to users....