The post Coinbase One Card Opens Up to American Users With Bitcoin Rewards appeared on BitcoinEthereumNews.com. In brief Coinbase is ending the waitlist for its Coinbase One Card, making it available to hundreds of thousands of American users. The card provides up to 4% BTC back in rewards based on how much crypto the user holds on Coinbase. The card is exclusively available to subscribers to Coinbase’s Coinbase One service. Coinbase is ending the waitlist for its Coinbase One Card, opening access to hundreds of thousands of Americans that previously registered interest in the card.  The Coinbase One Card, created in partnership with American Express, provides users with up to 4% in Bitcoin rewards depending on how much crypto they hold on the exchange. All card users start with 2% back in Bitcoin, but can earn up to 4% by depositing more cryptocurrency on the platform.  The firm says early card users have added more than $200 million to the platform to bolster their rewards.  Unlike competing credit cards, Coinbase offers its variable Bitcoin rewards on all purchases across spending categories. For example, those earning 2% BTC back will get it when filling up their gas tanks or when dining out. Thus far, card users have spent more than $100 million, the company said, spending $3,000 on average per month.  “When you look at third party data like NerdWallet’s, you’ll see holders of general purpose cards are spending an average of almost $9,000 per year on each card,” Coinbase Senior Director of Product Ben Shen told Decrypt. “We are seeing encouraging signs based on early spending behavior, indicating that the card is being used in a ‘top-of-wallet’ fashion for a number of early adopters.” The card is exclusively available to Coinbase One users, the exchange’s premium subscription that offers zero trading fees and account protection, among other benefits, for $29.99 per month. But users can… The post Coinbase One Card Opens Up to American Users With Bitcoin Rewards appeared on BitcoinEthereumNews.com. In brief Coinbase is ending the waitlist for its Coinbase One Card, making it available to hundreds of thousands of American users. The card provides up to 4% BTC back in rewards based on how much crypto the user holds on Coinbase. The card is exclusively available to subscribers to Coinbase’s Coinbase One service. Coinbase is ending the waitlist for its Coinbase One Card, opening access to hundreds of thousands of Americans that previously registered interest in the card.  The Coinbase One Card, created in partnership with American Express, provides users with up to 4% in Bitcoin rewards depending on how much crypto they hold on the exchange. All card users start with 2% back in Bitcoin, but can earn up to 4% by depositing more cryptocurrency on the platform.  The firm says early card users have added more than $200 million to the platform to bolster their rewards.  Unlike competing credit cards, Coinbase offers its variable Bitcoin rewards on all purchases across spending categories. For example, those earning 2% BTC back will get it when filling up their gas tanks or when dining out. Thus far, card users have spent more than $100 million, the company said, spending $3,000 on average per month.  “When you look at third party data like NerdWallet’s, you’ll see holders of general purpose cards are spending an average of almost $9,000 per year on each card,” Coinbase Senior Director of Product Ben Shen told Decrypt. “We are seeing encouraging signs based on early spending behavior, indicating that the card is being used in a ‘top-of-wallet’ fashion for a number of early adopters.” The card is exclusively available to Coinbase One users, the exchange’s premium subscription that offers zero trading fees and account protection, among other benefits, for $29.99 per month. But users can…