Visa and Coinbase start cooperation to buy cryptocurrencies

Visa users with eligible debit cards will gain the ability to instantly deposit and withdraw funds on the Coinbase cryptocurrency exchange.

This solution was made possible thanks to a new partnership between the companies, which was announced recently.

Benefits for clients in the US and EU

According to Visa's statement, there are already millions of Coinbase users with debit cards connected to their accounts.

Now, clients in the United States and the European Union will be able to receive funds to their bank accounts in real-time if they use an eligible Visa debit card.

Real-time transactions

Coinbase users with eligible Visa debit cards will be able not only to purchase cryptocurrency on the platform but also to withdraw funds to a bank account in real-time. However, the availability of instant transactions depends on banking policies and region.

Partnership advantages

The Head of Visa Direct in North America noted that this partnership opens up opportunities for round-the-clock trading operations.

Thus, Coinbase clients with eligible Visa debit cards will be able to access the exchange's services and carry out trading operations at any time.