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Today, we’re introducing Spending Summaries — a smart way for you to see exactly what you spend your crypto on when you pay using Coinbase Card.
Spending Summaries break down your crypto purchases into ten different categories such as Transport, Cash Withdrawals, Restaurants, and more, helping you track your spending habits over time.
Since launching Coinbase Card in May, we’ve helped customers in the UK, Ireland, France, Spain, Italy, Germany and the Netherlands, spend over $2,500,000. Every day, thousands of crypto purchases are completed using Coinbase Card, with each transaction seamlessly exchanging crypto into pounds, dollars, euros and more, to instantly spend worldwide.
Customers who withdraw funds from Coinbase to their bank account, typically do so to spend it. However, to do this, they go through a 5-step process — 5 steps too many for everyday crypto purchases. We launched Coinbase Card to reduce the 5 steps to 1 — a simple tap, swipe or PIN.
Coinbase Card comes with its own iOS and Android apps. It allows you to easily select which crypto wallet you want to make a purchase with before making a payment, offering instant smart receipts after each purchase, and now with Spending Summaries, you can see your monthly spending habits by category.
In the coming weeks, we’ll be announcing new countries Coinbase Card will be launching in. To get yours today, visit www.coinbase.com/card to get started or download the iOS and Android apps.
To use Spending Summaries, make sure you’re using the latest version of the app.