Simple Bitcoin Widget Gives You Crypto Prices on the Go

Simple Bitcoin Widget Gives You Crypto Prices on the Go

Traders and enthusiasts who wish to stay informed about cryptocurrency price movements need easy to use software that can do the job. Simple Bitcoin Widget is an open source application that pulls market data for popular coins from major trading platforms to update you on the go.

Also read: How to Easily Find Businesses That Accept Bitcoin Cash Near You

Free Widget Tracks Popular Cryptocurrencies

Simple Bitcoin Widget, developed for Android devices, has over 100,000 installs from the Google Play store. It is not a full application, which means it doesn’t take up a lot of valuable space on your phone. It’s also easy on your device’s battery life.

The software is capable of tracking around two dozen of the most popular coins including bitcoin cash, bitcoin core, ethereum, and litecoin. It can update you on their prices from over 80 cryptocurrency exchanges, including the largest digital asset platforms by trading volume such as Binance, Okex and Huobi.

Simple Bitcoin Widget Gives You Crypto Prices on the Go

Simple Bitcoin Widget is customizable and can display the rates of multiple cryptocurrencies on your home screen. Users can set different refresh intervals, from 5 minutes to 24 hours, and choose a number of fiat currencies including the U.S. dollar, euro, British pound, Brazilian real and the Czech koruna.

The widget does not require loads of unnecessary permissions to operate on your mobile device; only those relating to network connections. Finally, the app is free to download and install and doesn’t come with annoying ads.

Bitcoin.com also offers a variety of useful widgets that can be embedded on your website such as the Bitcoin Cash (BCH) Price Chart Widget and the Simple BCH Price Widget. To keep your visitors updated on the latest developments in the crypto space you can also install the News Headlines Widget and Forum Topics Widget or embed the News Ticker.

Do you use a widget to track the price of cryptocurrencies? Tell us in the comments section below.

Disclaimer: Readers should do their own due diligence before taking any actions related to third party companies or any of their affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any third party content, goods or services mentioned in this article.


Images courtesy of Shutterstock.


At Bitcoin.com there’s a bunch of free helpful services. For instance, have you seen our Tools page? You can even lookup the exchange rate for a transaction in the past. Or calculate the value of your current holdings. Or create a paper wallet. And much more.

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Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Bulgaria, which sometimes finds itself at the forefront of advances it cannot easily afford. Quoting Hitchens, he says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.

Bitcoin Price Breaks Out, Then Fakes Out – Markets Throttled

Just as Bitcoin (BTC) seemed to turn over the cusp and break out of a local consolidation zone, it sharply reversed course and plunged as much as 6% (more than $300) on some cryptoasset exchanges – sending the crypto markets into disarray in classic Bitcoin form.

The dump was quickly bought up, however, and the leading crypto has at time of writing resumed its exact same faintly uptrending action. Many traders are no doubt frustrated this morning by the classic stoploss hunt. Several other large-cap cryptos, like Ethereum (ETH) and XRP took Bitcoin’s cue and performed their own dumps.

bitcoin price 11 april(source: TradingView.com)

Some analysts and chartists have turned bearish with the latest movement. The critical resistance line, between about $5,340 and $5,360 depending on the exchange, was pierced and strongly rejected, which is not an encouraging reaction.

What’s more, the close of the daily price candle occurred precisely after the movement – and closed below the resistance. The closing of candles, and especially daily candles, are important indicators for traders, as closes lock in prices and indicator values and form irrevocable price history.

bitcoin price 11 april(source: TradingView.com)

For continued optimism in a BTC breakout, a daily close above resistance (and thus, turned into support) would have been necessary. The breakout attempt even occurred with a decent amount of trading volume, the sort that would be required to propel the crypto out of the local market structure.

As it stands, Bitcoin is running out of time to break up, as it squeezes ever tighter into a corner. After so much upside, a break down would be neither surprising nor inappropriate. A correction down to $4,600 – at the important 200 day moving average – would be healthy, relieve the tension in the market, and lay a more solid foundation for Bitcoin to move higher.

bitcoin price 11 april(source: TradingView.com)

One thing is sure, a resolution to the trend-less uncertainty will come soon.

(The views and opinions expressed here do not reflect that of CryptoGlobe.com and do not constitute financial advice. Always do your own research.)

Cybersecurity Firm WISeKey Subsidiary Nets $7 Mln in Pre-STO Investment Ahead of Q2 Sale

A subsidiary of Swiss cybersecurity and blockchain firm WISeKey has raised $7 million in an pre-funding round prior to launching a security token offering (STO), the company confirmed in a press release on April 11.

WISeCoin, which came into being in August last year, plans to conduct the STO in Q2.

Responsible for managing all of WISeKey’s blockchain initiatives and operations, the vertically-integrated platform intends to raise a total of 17,587,527 Swiss francs ($17,563,695) to expand its activities.

These include the use of various disruptive technologies, specifically focusing on the Internet of Things (IoT) given WISeKey’s major presence as a semiconductor chip manufacturer.

“One of WISeCoin’s key (milestones) is to build a Blockchain of Identity to store the identities of objects and people allowing connected objects the ability to identify, authenticate and verify each other with a digital certificate,” the press release states. It continues:

“For each interaction, the Blockchain of Identity will verify the validity of each digital certificate to secure the interaction and to compensate for the use of the platform, a micro service fee is charged through a utility token, called the WISeCoin token.”

WISeKey itself launched a new digital identity solution at the end of last month.

STOs, initially conceived as a less risky investment option than the increasingly precarious initial coin offering (ICO) market, have come under the attention of regulators, with Hong Kong and Mauritius the latest to issue guidelines.

In March, a report by PwC nonetheless assessed STOs as having few fundamental differences from ICOs.

Clear Majority in Fifth MakerDAO Vote Looks Set to Pass Another Increase in DAI Stability Fee

Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for Maker’s DAI (DAI) stablecoin by a further 4%, in the fifth such vote this year.

An ongoing governance poll, due to close within 8 hours today, April 11 (5 PM UTC), indicates that 50,579.23 MKR have been staked in favor of raising the stability fee by 4%, bringing it to 11.5% per year.

Other options on the poll included votes in favor of an increase of 1, 2 and 3% — or else not to raise the current fee at all. The second-largest majority, with 1,165.47 MKR staked to press time, has chosen a 2% increase — while the least popular option is for a 1% raise, with just 1.00 MKR staked so far.

278.52 MKR have been staked to press time in favor of not raising the fee and keeping it at its current 7.5% per year level.

A statement accompanying the governance poll — which opened on April 8 at 5 PM UTC — outlines that the need to increase the stability fee is driven by the fact that the DAI stablecoin is persistently failing to keep its 1:1 USD peg.

As previously reported, DAI is an ERC-20-based stablecoin ostensibly designed to maintain a 1:1 USD peg via the issuance of Maker-administered collateralized debt positions.

The two other factors proposed in the statement are identical to the rationale that was given in the preceding (fourth) stability fee increase governance poll: high inventory levels among market makers and prop desks, and insufficient impact from the preceding fee increase. As the statement outlines:

“In February, the Stability Fee was increased twice, each time by 0.5%. In March, the Fee was raised by an additional 2%, and then by 4% two weeks later. The impact of these combined increases was negligible, indicating that neither the target Stability Fee nor the incremental changes were appropriate.”

During a MakerDAO community call on April 9, head of community development Richard Brown said he was reasonably sure such increase votes would repeat until the DAI recovers its peg:

“Tensions are high and this is an important subject. Arguably […] literally the most important thing we do at MakerDAO is the stability of the peg. Everything else flows from that.”

As reported yesterday, blockchain-powered event betting platform Augur has just launched a token denominated in DAI as part of a major upgrade to its platform, saying it will make trading less volatile as compared with Ethereum (ETH).

The MakerDAO token MKR, which grants voting rights, is currently ranked the 19th largest cryptocurrency on CoinMarketCap and is down 4.5% on the day to press time.

Bitcoin, Ether, and XRP Weekly Market Update: April 11, 2019

Bitcoin, Ether, and XRP Weekly Market Update: April 11, 2019

The total crypto market cap gained $4.5 billion of value for the seven-day period and now stands at $176.5. The top ten currency showed mixed gains for the same time frame with EOS and ether (ETH) being the biggest gainers with 7.2 percent and 5.7 percent respectively and Cardano (ADA) losing 7.3 percent. At the time of writing bitcoin (BTC) is trading at $5,183 while ETH stands at $169 and XRP’s Ripple is at $0.334.

BTC/USD

After four consecutive days of gains, bitcoin closed the trading session on April 4 with a drop to $4,934. The most popular cryptocurrency broke above the $5,000 mark on the Bitfinex chart two days earlier but was not able to hold on to its positions.

CME Group, one of the two U.S.-regulated derivative platforms offering Bitcoin-backed futures contracts (the other being CBOE), saw record-breaking trading volume on April 4. According to a tweet, there were 22,500 BTC contracts on that day compared to 18,300 during the previous record set on February 19, 2019.

On April 5, bulls finally managed to form a green candle and moved up to $5,088 as a result of the three percent price increase.

On April 3, BTCManager reported about the Russian social media giant VKontakte’s plans to enter the crypto industry via the creation of a cryptocurrency for the company’s vPay service. Now, the “Russian Facebook” has launched a mining service called VK Coin, according to local media Tass. It is still unclear if the new coin is indeed blockchain-based, but users can transfer it to one another or buy more “hashing power.” The new service is available on the VK mobile apps for Android and iOS.

The weekend of April 6 to 7 started with a highly volatile session on Saturday. Commentators saw the BTC/USD pair trading in the $4,960 to $5,282 range before closing almost flat at $5,091. It moved even higher to $5,242 on April 7 and registered a stunning 27.5 percent of price increase for the seven-day period.

Bitcoin opened the new week by climbing to $5,314 on April 8 and stabilizing above the psychological level of $5,000. On April 9, the leading cryptocurrency made a slight correction to $5,213, losing 1.8 percent during the day.

One of the most popular cryptocurrency exchanges, Bitfinex announced it would remove its $10,000 initial deposit requirement. The platform, which is registered in the British Virgin Islands, will be opening its services to retail investors as a response to the huge demand during the past six months.

At the same time, the biggest European digital asset exchange Bistamp received a virtual license from the New York Department of Financial Services (NYFDS) on April 9. The so-called BitLicense will allow the exchange to operate in the state of New York and offer cryptocurrency services to its clients including trading of bitcoin, ether, XRP, Litecoin (LTC) and bitcoin cash (BCH).

The total number of transactions on the Bitcoin blockchain surpassed 400,000,000 on April 9 as per blockchain.com data. The number represents the total number of registered transactions since BTC’s inception in 2009.

April 10 brought a new winning session to bulls as bitcoin once again moved to $5.308.

BTC Price Movement Chart

ETH/USD

Ethereum bulls successfully pushed the coin’s price above the 2019 high of $161.5 on April 2 and were already eying the $180 mark. It lost $2 of its value on April 4, however, and dropped to $158.5.

On April 5, the ETH/USD pair gained 5.6 percent in value and climbed up to $167. It was trading in the $174 to $161 range during the day session on April 6 only to remain flat for the day.  

Buyers pushed price up by six percent to reach $177 on the last day of the week as it registered a staggering 27.5 percent value increase for the seven-day period.

April 8 found ether above the $180 mark. It closed at $181 after a strong session in which it gained almost three percent. On April 9, it made a slight correction to $176, which did not impact the current uptrend.

One of the most popular altcoins was trading in the $187 to $169 range on April 10 but did not experience any significant movements, remaining at $177.

ETH Price Movement Chart

XRP/USD

The Ripple company token XRP formed a second consecutive red candle on the Bitfinex daily chart on April 4 and closed at $0.333. The 2.6 percent correction brought the coin close to the $0.325 to $0.32 support zone.

The XRP/USD pair, however, showed some strength on April 5 and gained nine percent to peak at $0.383 and eventually close at $0.366.

Ripple co-founder Chris Larsen and his wife made the largest cryptocurrency donation to a U.S.-based university on April 5. Larsen reportedly contributed $25 million worth of XRP to San Francisco State University’s (SFSU) College of Business. According to the press release, the funds will be used to support local and global fintech ecosystems.

International money transfers company, RationalFX has moved to use Ripple’s xCurrent product as of April 4. The London-based fintech startup has been in a partnership with the San Francisco firm since 2018 when they first started using the xVia product (used for money transfers to emerging markets) over the RippleNet, and have now decided to upgrade to a more complex solution.

The xCurrent allows institutions to “instantly settle cross-border payments with end-to-end tracking.”

The XRP/USD pair started the weekend of April 6 to 7 with a drop to $0.356 on Saturday, but still managed to hold above $0.355 and the Fibonacci 50 percent level reached on April 2.

On April 7, it made an almost identical move but in the opposite direction, climbing back to $0.367. XRP was approximately 15 percent up for the last seven days.

The work week started with a two percent drop to $0.361 on April 8, which was followed by another 2.5 percent correction on April 9, this time to $0.352.

On April 10, XRP closed at $0.353 with almost no change compared to the previous session, still close to the Fibonacci 50 percent level.

XRP Market Movement Chart

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IMF Chief Lagarde: Distributed Ledger Technologies Are Shaking the System

International Monetary Fund (IMF) managing director Christine Lagarde has said that blockchain innovators are shaking the traditional financial world and having a clear impact on incumbent players.

Lagarde made her comments in an interview with CNBC on April 10, following a panel devoted to “Money and Payments in the Digital Age,” as part of the 2019 Spring Meetings of the World Bank Group and the IMF in Washington, D.C.

Contributors to the preceding panel, which Lagarde moderated, were co-founder and CEO of crypto finance firm Circle Jeremy Allaire, Sarah Youngwood — chief financial officer of Consumer & Community Banking at JPMorgan Chase — the European Central Bank’s (SCB) Benoît Cœuré, and governor of the Central Bank of Kenya (CBK) Patrick Njoroge.

Lagarde observed that financial disruptors are having a clear impact on incumbents and reshaping the system from within, pointing to JPMorgan Chase’s move to launch its own digital coin, as well as new ECB initiatives that aim to provide instant, virtually cost-free value transfers:

“I think the role of the disruptors and anything that uses distributed ledger technology, whether you call it crypto assets, currencies or whatever — and it’s far from the Bitcoins we used to talk about a year ago — that is clearly shaking the system.”

She further noted that the transformative potential of blockchain-based technologies and assets have been broady embraced by regulators and central banks, who she said recognize the positive effect new inventions can offer for the business model of commercial banks.

Nonetheless, Lagarde voiced a word of caution in regard to the bleeding edge of new finance, stating:

“We have to be mindful of two things: trust, and the stability of the system […] we don’t want innovation that would shake the system so much that we would lose the stability that is needed.”  

As reported, Lagarde has previously characterized crypto as being somewhere in between a fad and a revolution, and said that crypto markets must be regulated by the same laws that apply to the traditional sector in order to protect consumers and safeguard systemic stability.

Lagarde has previously affirmed her belief that crypto regulation is both inevitable and necessary, yet she has equally advocated for the positive role that cryptocurrencies can play for driving deeper financial inclusion and offering an alternative to failing national currencies.

As early as 2017, Lagarde already proposed the IMF could take a cue from disruptors and potentially release its own digital asset in future.

4 Reasons to Be Bullish on Bitcoin and Altcoins, According to Brian Kelly

bullish bitcoin Bitcoin

4 Reasons to Be Bullish on Bitcoin and Altcoins, According to Brian Kelly


Since bursting out of its rising wedge formation on April 2, the big question on everyone’s mind is: Has Bitcoin bottomed? CNBC’s resident Bitcoin expert, Brian Kelly, thinks so. 


The founder & CEO of BKCM LLC, a digital currency investment firm, stated his opinion on Bitcoin’s recent surge this week on CNBC Fast Money — claiming that he believes this Bitcoin revival is real.

“I actually think it is a Bitcoin resurgence,” Kelly told his fellow panelists, “I think there’s a really good chance that the December lows we saw in the $3000s were probably the lows for this cycle.”

bitcoin price chart

‘A Strong Fundamental Tailwind’

One reason Kelly believes Bitcoin’s resurgence is the real deal is that the first and foremost cryptocurrency has only been improving on the fundamental front — particularly in regards to network activity. He explained:

There’s a couple things that are going on. You’ve seen improving fundamentals. You look at active addresses — that’s one of the big metrics I look at. That’s up 26 percent from the January lows. You look at transaction levels. Those are back to 2017 levels. So there’s a lot of network activity.

As Bitcoinist previously reported, Bitcoin handled its 400 millionth transaction April 8 — an impressive feat which only solidifies the fact that the market leader is here to stay. Bitcoin has also seen nearly 400,000 confirmed on-chain transactions in a 24-hour period, the highest network activity since the price of BTC was over $10,000 in January 2018.

bitcoin etf date

Institutional Interest at an All-Time High

Kelly also notes that institutional interest for Bitcoin is growing rapidly, thanks to on-ramps from the likes of Fidelity and others. He explained:

Then you look at who’s buying this. You see people like Fidelity still rolling out their institutional platform. And then, as a proxy, look at the CME Bitcoin Futures. The large open-interest holders — so these are big institutions — those are at all-time highs. And it continues to grow. Last week they saw record volume on CME Bitcoin Futures. So you’re starting to see institutional investors come in here with a good fundamental tailwind and that’s got Bitcoin back in the saddle again.

Indeed, institutional investors surely have a keen interest in buying the bottom.

 

Bitcoin Will Surpass All-Time Highs ‘Without Question’

If the bottom is truly in, the next question is: how high does Bitcoin go from here? According to Kelly, Bitcoin will easily surpass previous all-time highs during this market cycle. In fact, it’s not even a question. He explained:

Without question, [we surpass all-time highs] this next cycle. You’re talking about probably a two-year cycle. Generally speaking, in 2020 the supply of Bitcoin is going to get cut in half. The cycle for Bitcoin is usually about a year before to a year after, so over this two year period you will likely get this big upswing and I think we surpass all-time highs.

Top Altcoins ‘Are Here to Stay’

For Kelly, Bitcoin won’t be the only cryptocurrency that benefits from the next bull run. According to the prominent CNBC analyst, the top altcoins have proven themselves as viable contenders after surviving this ‘crypto winter.’ He noted:

Well, so we had that insane ICO craze, right? And there’s a lot of junk out there. A lot of those have gone to zero. I think you’ve separated the wheat from the chaff. You’ve got a lot of good altcoins — let’s call them the top 10 or 20 in market cap — that I actually think are here to stay and will be big parts of the ecosystem.

What are your favorite altcoins for the next bull run? Will the Bitcoin price surpass all-time highs? Let us know your thoughts in the comments below!


Images courtesy of Shutterstock.

US Energy Department Eyes Blockchain to Prevent Power Plant Cyberattacks

The U.S. Department of Energy is exploring blockchain technology as a line of defense against cyberattacks on power plants.

The department’s National Energy Technology Laboratory (NETL) unit announced Wednesday that phase two of an electric grid security project has been launched in partnership with decentralized cybersecurity startup Taekion, formerly Grid7.

The laboratory provided a grant of $1 million to Taekion last year, and now as part of the second phase of the project, the startup will research on how blockchain technology can be used to secure a power plant, by keeping all sensor, actuator and device transactions on a distributed ledger.

“Accurate information on the status of power plant operations is critical for electric grid security,” NETL said, adding that, when the storage of key information is decentralized, “there is no single point of failure.”

In an example of how a cyberattack could take place on a power plant, the lab said a system could be compromised so that it appears operational when it has actually been shut down by hackers, potentially “leaving millions without power.” Such an attack took place at a power plant in Ukraine in 2016, the laboratory said, which caused widespread power outages during the winter months.

NETL said:

“The applications being developed in the NETL-managed project have the potential to thwart such attacks by preventing hackers from altering the plant’s operational information.”

Taekion plans to work on other applications, too, that would help secure energy transactions to protect process data at power generation facilities, increase grid reliability and integrate a more decentralized energy infrastructure.

The project is part of the energy department’s Office of Fossil Energy Sensors and Controls program and is funded through the department’s Small Business Innovation Research program.

This is not the first time that the department has looked to explore blockchain for technological improvements. Last year, it partnered with BlockCypher to develop solutions allowing energy transactions to be settled across multiple blockchains.

The department also recently announced federal funding of up to $4.8 million for universities working on R&D projects, including those related to blockchain.

Power plant image via Shutterstock

Crypto Roundup – Coinbase’s New Debit Card & Bitstamp Granted BitLicense, Plans US Expansion

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Crypto Roundup – Coinbase’s New Debit Card & Bitstamp Granted BitLicense, Plans US Expansion

crypto-roundup-11-april-2019

MVIS CryptoCompare Top 100 IndexThe MVIS CryptoCompare Top 100 Index has raised 1.17% in the last 24 hours to 1,832.33

All coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.36% to 6.70%. Coinbase’s new debit card lets you spend crypto anywhere that visa Is acceptedCrypto Exchange Bitstamp granted BitLicense, plans US expansion.

Top 10

CryptoCompare Top 10 Coins

All coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.81% to 10.57%. Okex ($1.62) represented a loss of 10.57%, followed by TRON ($0.02) that showed a negative change of 7.67%. Ethereum Classic ($6.68) and Bitcoin Cash ($283.5) prices dropped around of 6.65%. XRP ($0.33) and ZCash ($69.22) showed a negative changes of 5.52% and 4.94%, respectively.

BTC

Bitcoin BTC/USD CryptoCompare Chart

At the time of writing, the Bitcoin price is sitting at $5,210 representing a loss of 0.99% in the last 24 hours. More than 405 Mln worth of BTC were exchanged in the BTC/USD market representing a 14.53% share of the global daily volume. The BTC/USDT pair represents a 71.16% share.

ETH

Ethereum ETH/USD CryptoCompare Chart

The Ethereum price posted a negative change of 6.19% over the past 24 hours and is currently sitting at $170, with over $175 Mln worth of Ether exchanged in the past 24 hours on the ETH/USD pair, which has a 7.13% market share of the daily trading volume. The ETH/USDT pair represents a 49.22% share.

EOS

EOS EOS/USD CryptoCompare Chart

The EOS price is sitting at $5.62 representing a loss of 4.26% in the last 24 hours. More than $50 Mln worth of EOS were exchanged in the EOS/USD, which has a 2.56% market share of the daily trading volume. The EOS/USDT pair represents a 40.78% share.

LTC

Litecoin LTC/USD CryptoCompare Chart

The LTC price has dropped 4.11% over the past 24 hours and is currently sitting at $85, with more than $50 Mln worth of Litecoin exchanged in the past 24 hours on the LTC/USD pair, which represents  a 4.86% share. The biggest Litecoin pair is the LTC/BTC pair, that represents a 56.17% share.

Coinbase’s New Debit Card Lets You Spend Crypto Anywhere That Visa Is Accepted

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Coinbase’s New Debit Card Lets You Spend Crypto Anywhere That Visa Is Accepted

coinbases-new-debit-card-lets-you-spend-crypto-anywhere-that-visa-is-accepted

On Thursday (April 11), Coinbase announced a new Visa debit card for its UK and European Union (EU) customers that lets them easily spend any of the crypto balances in their Coinbase account for paying for goods/services anywhere that Visa is accepted or for making cash withdrawals from ATMs.

Appropriately enough, the new “Coinbase Card” was announced on the same day that Coinbase’s previous attempt at a crypto-to-fiat Visa debit card, the “Shift Card”, which was only for U.S. customers, is supposed to stop working (since that program has now been “retired”).

Here is everything you need to know about the Coinbase Card:

  • The Coinbase Card is being launched today for UK customers only, but Coinbase does “plan to support other European countries in the coming months.”
  • This is apparently the first debit card “to link directly with a major cryptocurrency exchange” in the EU.
  • To apply for the Coinbase Card, Coinbase customers need to download the Coinbase Card app from iOS’s App Store or Android’s Play Store. (If you are based in the UK and do not see these apps in the aforementioned places, try using the links on the Coinbase Card website.)
  • In the UK, the Coinbase Card has a GBP 4.95 “issuance fee” (which is waived “for the first 1,000 people to join the waitlist”).
  • You can spend any cryptocurrency that is supported by Coinbase.com in the jurisdiction that you live in, as long as you have a non-zero balance in the wallet for that cryptocurrency in your Coinbase.com account. (An up-to-date list of supported digital assets is available in the Support section of the Coinbase website.) 
  • When you wish to use your Coinbase Card, to pay for something or to get a cash withdrawal from an ATM, you need to use the Coinbase Card app to select which crypto wallet in your Coinbase.com account is to be used for that transaction, at which Coinbase will then perform an automatic conversion from that cryptocurrency to fiat currency (e.g. GBP).
  • For “domestic” (i.e. within your home country) purchases, the “crypto liquidation fee” is 2.40% of the transaction amount.
  • Currently, there is a daily spending limit of GBP 10,000 (but Coinbase might agree to increase this limit for you if you contact card support services). There is also “a monthly purchase limit of £20,000  and a yearly purchase limit of £50,000.” Finally, the daily ATM withdrawal limit is GBP 500.

 

Featured Image Courtesy of Coinbase