Is it true: Users Can Now Use Apple & Google Pay. Is it true?
Coinbase announced integration with Google and Apple Pay. The company teamed up with these two giants to expand the use of its debit card. A few weeks ago, DigiCash released an app for Android devices that let users buy bitcoin on their phones using credit cards through local exchanges at home. It’s been a nice boost in sales numbers as consumers have opted into accepting bitcoins instead from banks or merchants – giving them more choices when they’re shopping online. While it does not make Coinbase look any better by making customers sign-up directly rather than via mobile wallets, there are positives too: some people seem happy about this development which might be worth another review later.
Coinbase automatically converts the cryptocurrency the user wants to spend or withdraw into U.S. dollars when the card is used. In addition to making it easy for people to spend their crypto, the card also allows users to earn rewards. For example, users can earn 1% back in Bitcoin or 4% back in Stellar Lumens. Coinbase has promised to expand the opportunities for people to earn rewards with its card. A note on transactions: A transaction from one account may not be associated at all with another if both are participating in the same trading network (blockchain). At any given time a trade partner of two coin pairs must use an address that matches those held by customers who have entered Coinflip between these accounts. This prevents third parties from spoofing trades and mixing coins using fake addresses within your wallet.