How does the Coinbase Card function?

The Coinbase Card functions as a Visa debit card linked to a user's Coinbase account, enabling them to spend cryptocurrencies for purchases and ATM withdrawals directly. When the user makes a transaction with the card, an equivalent amount of the selected cryptocurrency is converted into fiat currency, such as US Dollars, in real time to complete the purchase. Therefore, instead of selling their cryptocurrency in advance, users can use their digital assets like Bitcoin, Ethereum, and other supported cryptocurrencies as easily as traditional money for everyday transactions. This seamless integration provides users with the flexibility to spend their crypto holdings without requiring merchants to accept cryptocurrency directly. Additionally, the app associated with the Coinbase Card offers features such as instant receipts, spending summaries, and transaction notifications to manage spending efficiently.