London (CNN Business) A popular cryptocurrency exchange is launching a Visa card in the United Kingdom that will let users pay with bitcoin, ethereum and litecoin.

Coinbase said Thursday that the card, which will convert crypto coins to pounds, can also be used to withdraw money from ATMs. A related app will let customers decide which digital currency to use.

"Coinbase Card supports all crypto assets available to buy and sell on the Coinbase platform, meaning they can pay for a meal with bitcoin, or use ethereum to fund their train ticket home," Zeeshan Feroz, the head of Coinbase's UK arm, said in a blog post

It's the first card of its kind in the United Kingdom, according to the company. It will roll out in other European countries soon.

Bitcoin XBT The announcement comes as bitcoin prices are emerging from a lengthy slump.jumped above the $5,000 level earlier this month for the first time since November.

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