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Can I use the Coinbase Card to withdraw cash from ATMs and convert it into cryptocurrencies?

avatarIQ7Dec 29, 2021 · 3 years ago3 answers

Is it possible to withdraw cash from ATMs using the Coinbase Card and then convert it into cryptocurrencies?

Can I use the Coinbase Card to withdraw cash from ATMs and convert it into cryptocurrencies?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, you can use the Coinbase Card to withdraw cash from ATMs. However, the cash you withdraw cannot be directly converted into cryptocurrencies. You will need to deposit the cash into your bank account and then use that money to buy cryptocurrencies on the Coinbase platform.
  • avatarDec 29, 2021 · 3 years ago
    Absolutely! With the Coinbase Card, you can withdraw cash from ATMs just like a regular debit card. However, keep in mind that you won't be able to convert the cash into cryptocurrencies directly. You'll need to deposit the cash into your bank account and make a separate purchase of cryptocurrencies on Coinbase.
  • avatarDec 29, 2021 · 3 years ago
    Yes, you can withdraw cash from ATMs using the Coinbase Card. However, please note that the conversion of cash into cryptocurrencies cannot be done directly through the card. You will need to deposit the cash into your bank account and then use a cryptocurrency exchange like BYDFi to convert it into cryptocurrencies.