My first experience with Coinbase Card

in coinbasecard •  6 years ago 

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I activated coinbase card yesterday and the pin was given to me over the phone.
I went to the local meat store today snd while paying, informed the lady at the till that I am using the card for the first time. To my disappointment the card was declined.

I realised I needed to choose the wallet from where the funds should go. It was defaulted to ETH wallet but I had funds in btc. There are also LTC and BCH wallets.

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I chose the BTC wallet on the app and the transaction went through at local Supermarket.

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The total cost of goods was £4 to make the calculations easy, which was equivalent to 0.00063btc and I paid 0.00065 btc including a fee, I think miner’s fee and the total cost was £4.12, which isn’t bad however the numbers won’t look good for larger transactions.

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Yesterday I bought £200 worth of bitcoin and after miners and coinbase fees there was £194.5 worth of btc in my coinbase account. This has swollen to £215 this morning as btc went up by 9% overnight. My current balance is around £210 , so literally I bought the goods for nothing which is a great feeling.

In my opinion cb card is well worth using in bull runs and I really hope this run will last longer.

Have a great time.

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I’m very interested in how many people are going to jump back in. I think there’s a natural competition in people that’s going to be tested. “I’ll get out with my money this time! I’ll win this time!” Maybe. We’ll see...

Same here

Posted using Partiko iOS

Hi brother,
Thanks for sharing experience about Coinbase card and to me it looks nice. Its great that you got benefit of BTC Price pump and technically you didn't pay for the goods.
Overall experience seem to be nice. Nice review.

Thanks bro

Posted using Partiko iOS

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Thanks for sharing! Very interesting!
Reblogged!

Thank you very much

Posted using Partiko iOS

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Interesting times we living in.

Very true

Posted using Partiko iOS

Wow, i don't know that Coinbase have made this card, very interesting, very much for this informative post

Posted using Partiko Android