A new Bitcoin wallet has this week launched in the US, called Shift Card by Coinbase it is the first Bitcoin debit card in the country, allowing users to make purchases anywhere where VISA is accepted across 24 of the US states, and all with the Bitcoin digital currency.
Basically Coinbase is an online Bitcoin wallet that allows you to store your Bitcoin currency, which is a digital currency that completely decentralized, with this stored currency you can buy, sell, send your Bitcoin as well as receive more.
This new card will allow you to do all of this with a physical debit card within these 24 states:
Alabama, Arizona, California, Delaware, District of Columbia, Georgia, Idaho, Iowa, Kansas, Maine, Mississippi, Nebraska, Nevada, New Jersey, North Carolina, North Dakota, Oklahoma, Pennsylvania, Puerto Rico, South Dakota, Texas, Vermont, Washington, and West Virginia
Within these you can make a purchase with the Shift card, taking the equivalent value of Bitcoin from your Coinbase Bitcoin wallet, and all without any fees for domestic transactions or for the exchange of Bitcoin to USD.
There is however a daily spending limit of $1,000 and a daily withdrawal limit of $200.
To grab a card you need to head on over to the Shift card website, authorise the card within the Coinbase wallet and then order to card for $10.