Coinbase has announced the availability of its Coinbase One Card to U.S. users, eliminating the waiting list and allowing applications from hundreds of thousands of interested Americans. The card, developed in partnership with American Express, offers up to 4% Bitcoin rewards based on the amount of cryptocurrency held on the exchange. Initially, cardholders receive 2% Bitcoin cashback, which can increase to 4% with higher deposits.
Since its launch, early adopters have deposited over $200 million to maximize their rewards, and cardholders have collectively spent over $100 million, averaging $3,000 in monthly expenditures. This initiative marks a significant step in integrating cryptocurrency rewards into everyday spending for U.S. consumers.
Coinbase One Card Launches in US with Bitcoin Rewards
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