RATE Group | Coinbase Competitor Becomes First Bitcoin and Cryptocurrency Exchange to Offer Visa Card…
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Coinbase Competitor Becomes First Bitcoin and Cryptocurrency Exchange to Offer Visa Card…

19 Mar Coinbase Competitor Becomes First Bitcoin and Cryptocurrency Exchange to Offer Visa Card…

Posted at 07:49h in Cryptocurrency News by

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Utah-based CoinZoom has just launched in the US, claiming a number of industry-first features for cryptocurrency users and traders. The global digital asset exchange is deploying a similar strategy to Coinbase, currently the largest crypto exchange in the country, by building fiat on-ramps and easy-to-use features for both retail and institutional traders.

The exchange is offering a Visa debit card that allows users to convert their digital assets into US dollars, shop online and make in-store purchases using cryptocurriencies such as Bitcoin and Ethereum at Visa’s network of 46 million merchant locations.

Says founder Tom Crosland,

“CoinZoom is not only the first US cryptocurrency exchange to provide a Visa card to its customers but also offers or industry-first features like ZoomMe, CoinZoom’s free peer-to-peer crypto and fiat payment system.”

Adds Crosland,

“ZoomMe is like ‘Venmo’ but better. Customers can send crypto and fiat for…

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