Coinbase has launched a new Crypto Credit Card in collaboration with the US-based payment giant American Express. Called “Coinbase One Card”, this smooth black metal card has an engraving of bitcoin genesis block – the original block cocated by Satoshi Nakamoto in 2009, the mysterious manufacturer of bitcoin. Announcing the launch, the CEO of the Coinbase Brian Armstrong showed the card on Friday, June 13.
The Coinbase confirmed the development through its X handle on Friday.
The post said, “Introduction to Coinbase One Card.
Main details about cards
The card waits the trading fees from the first $ 500 (about Rs 43,000) earned in trades. The holders of the USDC StableCoin will be able to use boosted rewards, while the base block of the coinbase will be able to earn high transaction credits and stacking rewards of the coinbase, A. Blog The company said.
Through the American Express, card holders will be entitled to retail safety, extended warranty, Amex offers and emergency assistance services.
However, the exchange has clarified that all the transactions facilitated by the card will not be considered eligible for earning a bitcoin prize. For example, transactions related to gambling and betting will not be eligible as reward generators.
“The coinbase, at its discretion, can determine that the transaction is not eligible to earn bitcoin and accordingly can reject the bitcoin rewards reject, restricted, or refuse claws.
This new coinbase resembles one card. Very good – every metal and origin is engraved with blocks.
It is also the first Crypto Credit Card run by the American Express. With the payment of cashback in bitcoin, of course. https://t.co/n48yrd5zii pic.twitter.com/m9breez1bo
– Brian Armstrong (@brian_armstrong) June 12, 2025
For now, only a member can acquire this card for the annual membership fee starting from only one member $ 49.99 (about Rs 4,300). The company’s blog said that the card will soon be made available to other users. It is also informed that the card is not yet available in India.
Increase in crypto card
The global crypto landscape is currently in its developed stage. Many nations including Russia, South Korea, India, America and UK are currently working to design their related legislations to oversee Crypto. Areas such as the European Union and the UAE, meanwhile, have already deployed a comprehensive regulatory structure around Crypto.
In recent years, other card payment firms have also entered products and services related to crypto. These include veterans Master card And Visa,
Crypto firms such as Crackon, Floki Inu, and Benance have also participated with traditional payment firms to bring crypto card services for their respective users.