Coinbase has added support for five cryptocurrencies, including Ripple’s XRP, to its Visa debit card. Users in the European countries of Bulgaria, Croatia, Denmark, Hungary, Iceland, Liechtenstein, Norway, Poland, Romania, and Sweden now also have access to Coinbase’s Visa debit card.
Coinbase card supports 9 cryptocurrencies
Coinbase’s debit card has added support to XRP, basic attention token (BAT), augur (REP), 0x (ZRX), and stellar (XLM). In addition to the four cryptocurrencies that it previously supported, that include bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and litecoin (LTC).
The CEO of the Coinbase UK, Zeeshan Feroz, said that by more than doubling the number of assets and expanding the territory to 10 more nations, the company continues to help drive crypto’s role as a utility, and not just an investment.
The exchange adjusts confirmation requirements for BTC, LTC, ETC and ZEC.
Coinbase also announced that it had adjusted the confirmation requirements for four of its main assets, including Bitcoin, Litecoin, Ethereum Classic, and Zcash. The number of confirmations required for bitcoin, ethereum, and zcash has been reduced. But confirmations requirement for litecoin has been increased from 6 to 12.
The official announcement read that the confirmation requirements for several of these currencies were determined over a year ago. At this time, there is no consistent approach that informed each coin’s requirement, which resulted in a situation where some assets may have had an overly conservative confirmation requirement might have been too low, it added.