Visa and Coinbase partner for instant crypto buys on debit cards

Coinbase and Visa have partnered to offer customers with eligible Visa debit cards the ability to instantly deposit, withdraw, and buy crypto.

Visa users with eligible debit cards will soon be able to instantly deposit and withdraw funds from their accounts with the crypto exchange Coinbase after the two firms announced a partnership.

“Coinbase already has millions of users with a debit card connected to their account,” Visa said in an Oct. 29 statement. It added United States and European Union customers will get “real-time delivery of account funds for those using an eligible Visa debit card.”

Coinbase customers will also be able to purchase crypto on the platform with an eligible Visa debit card and cash out funds from the exchange to a bank account in real time — depending on the bank and region.

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