Coinbase and WeGift launch e-Gift card in Europe
Coinbase exchange in partnership with WeGift launched an e-gift card for customers in the EU and Australia to spend crypto at a range of retailers on Wednesday.
Coinbase says it will be the first trading platform allowing direct withdrawals into e-gift cards, customers can now instantly spend cryptocurrency balances on the cards expanding the options to use digital coins for more tangible real world shopping or experiences.
Through WeGift customers can make purchases at a range of retailers including Nike, Tesco, Uber, Google Play, Ticketmaster and Zalando and expect zero withdrawal fees.
The roll out is limited at launch to the UK, Spain, France, Italy, Netherlands and Australia but the company said they will add more retailers, markets and countries over the next three months.