Starting from today, Android users can link their Coinbase card to their Google Pay wallets. This might be a good example that the crisis pushed the crypto market towards utility.
Coinbase and Google, Two Tech Giants Join
As the crypto market is losing its attractiveness as a refuge for investors amid market turmoil, it is gaining on the utility side. On Tuesday, Coinbase Card, a Visa-based debit card that can be funded with crypto, is working with Google Pay.
Thus, the largest crypto exchange operator in the US becomes the first company that allows users to make mobile payments with Bitcoin and other cryptocurrencies, Coinbase says. Android users can add the card directly to their Google Pay wallet and pay with crypto for various services on the app.
Starting from Tuesday, Coinbase Card payments on Google Pay is available for clients in the US, Belgium, France, Italy, Finland, Republic of Ireland, Spain, Croatia, Slovakia, Poland, Czech Republic, Denmark, Sweden, and Norway. The exchange operator is working on expanding to other EU regions later this year.
Those who want to enjoy the benefits of paying with crypto on Google Pay should download the Coinbase Card app on Android and sign in with the Coinbase account credentials. Once a card has been requested, clients can add it to Google Pay and spend crypto with it even before the physical card arrives.
The Coinbase Card app is also available with iOS devices.
Coinbase introduced its card in April last year. Initially, it launched in the UK and then gradually expanded to other European countries. The card now supports ten cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Opera Partners with Wyre to Let Users Buy BTC, ETH via Apple Pay
iPhone users should not be discouraged because they can also enjoy positive news, as Opera has just partnered with payments firm Wyre to allow US customers to buy Bitcoin and Ether via Apple Pay. Opera has introduced this new feature to all browsers. Users can buy BTC and ETH via Apple Pay directly from Opera’s proprietary crypto wallet.
Android users in the US can also enjoy the feature and buy BTC and ETH through a debit card.
Opera’s head of crypto Charles Hamel commented:
“In the past, obtaining cryptocurrencies was a cumbersome process that took hours or even days. When you compare it with this seamless solution, which takes less than 30 seconds, it really is a gamechanger.”
Thus, the crypto market is rushing towards utility. Yesterday, Hong Kong-based Crypto.com said that it was officially shipping MCO Visa debit cards to UK customers.
Do you think that the current market crisis will unleash the potential of more practical apps instead of those focused on investment? Share your thoughts in the comments section!
Image via Shutterstock origin »
The biggest news in the cryptosphere for October 10 includes Google’s new partnership with Coinbase to start accepting crypto payments, Bittrex’s $30 million fine for violating federal sanctions, and the SEC’s rejection of WisdomTree’s Spot Bitcoin ETF for not having enough surveillance.
Coinbase To Advertise Again On Google In An Effort To Reach More Prospective Users Coinbase, one of the largest cryptocurrency exchange platforms across the globe is back on Google adverts. The announcement became to the public domain following the declaration by firm’s CEO Brian Armstrong, that it was whitelisted for Facebook adverts previously at the […]
Cryptocurrency services behemoth, Coinbase, has formed a political action committee (PAC) as of July 20, 2018, per public documents. The company additionally secured a hedge fund for its Custody service on the same date.
Coinbase, одна из крупнейших криптовалютных бирж, снова получила возможность появляться в объявлениях Google. Новость была опубликована после того, как генеральный директор Coinbase Брайан Армстронг объявил, что на этой неделе биржевая платформа получила разрешение на размещение рекламы в крупнейшей в мире социальной сети Facebook.
In March, Google announced it would no longer allow advertisements from cryptocurrency exchanges. However, ads for Coinbase have again started appearing on the site.
Coinbase, one of the biggest cryptocurrency exchange platforms is back on Google ads. The news comes in the limelight after the CEO of Coinbase, Brian Armstrong, announced that the exchange platform was whitelisted for Facebook ads earlier this week.
Google and Facebook appear to have cemented their promise to reverse a blanket ban on cryptocurrency advertising as Coinbase begins publicity moves. Coinbase ‘Whitelisted’ By Facebook A mock-up Facebook ad from CEO Brian Armstrong posted on Twitter July 20 confirmed the U-turn for Facebook, which originally hit the headlines late June.
The crypto markets entered one of the most haunting bear phases in memory when prices plunged by over 50 percent, sending chills down the spines of investors. No “blockchain conferences” or tall claims from crypto bulls could help raise the prices of the coins.
We saw the headlines ‘Google now advertising Coinbase’ ‘Crypto Ads back on Google’ but we wanted to test it out for ourselves (see above). Indeed, it’s true, Google have backtracked on their recent decision ban cryptocurrency advertising, suspiciously just after Facebook have (almost) announced the same thing.
In the first quarter of this year, two major social media giants and the world’s largest search engine; Facebook, Twitter, and Google decided to ban cryptocurrency related advertisements because they were too misleading.
Рекламу криптобиржи Coinbase снова можно увидеть в Google, Facebook и Instagram. Гиганты индустрии с миллиардами пользователей ежемесячно, похоже, пересматривают свое решение о запрете на размещение рекламы криптовалют, предоставив американской криптобирже Coinbase, рекламу которой пользователи снова могут наблюдать на площадках медийных гигантов, явное конкурентное преимущество.
Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle.
One of the earliest employees at Coinbase and now the top guy at Polychain Capital, Olaf Carlson-Wee, believes that Silicon Valley’s best techies are now moving to the cryptocurrency sphere. Speaking at “The Ledger,” a show on Fortune, he said that tech giants like Google, Facebook, Snapchat, and LinkedIn are being poached of top talent as […]
Top Tech Talents Move to Cryptocurrency Projects Leaving Typical Silicon Valley Perks Behind was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
In today’s edition of Bitcoin in Brief we cover the news that the world’s largest asset manager Blackrock is examining the crypto market, Coinbase is approved to list security tokens, and Bitpay got a New York Bitlicense.
Data collated from Google Trends and PlayStore indicates the waning popularity of several cryptocurrency services including wallets and exchanges. In this regard, San Francisco-based Coinbase has seemingly taken the biggest hit according to reports on July 10, 2018.
Decentralized file sharing is a peer-to-peer network system where files are distributed across multiple nodes, eliminating the need for a central server.
Popular internet browser Opera announced that it will integrate BNB Chain, formerly known as the Binance Smart Chain, into its crypto web3 browser.
The post Opera browser integrates BNB Chain bringing its 350M users to Web3 appeared first on CryptoSlate.
Opera, the famous email browser, has introduced a beta version of its web3 crypto browser. The new beta version is more than just your average internet surfer. Along with features such as a built-in cryptocurrency wallet and shortcut for quickly switching between different crypto exchanges.
Simply known as crypto on-ramp, the service allows users to use their fiat to purchase crypto and is helpful for fresh crypto users. The new deal comes on the heel of various financial institutions now using Bitcoin and other cryptos and the prices going up in the recent past.
Браузер Opera теперь позволяет покупать криптовалюту пользователям из Великобритании через свой встроенный криптовалютный кошелек. В рамках этой инициативы норвежская компания Opera заключила партнерство с криптовалютным стартапом Ramp Network, который обрабатывает прямые банковские переводы, а также переводы с мобильного приложения Revolut.
