8 Current Crypto Debit Cards To Use Around the World
Cryptocurrencies have been becoming a convenient payment manner across the global markets and jurisdictions. Crypto debit card is one such tool that significantly enhances the utilization of digital coins across the world. So, below are the 8 Current Crypto Debit cards one can use around the world:
During a bearish 2018, Bitpay has processed more than $1 billion in payments. It offers its users in the U.S. a very convenient manner in order to spend their cryptocurrencies online as well as in store. Also, their prepaid Visa card is linked to a cryptocurrency wallet.
This wallet aligns with the quick conversion from BTC and BCH to the U.S. dollars along with other local fiat currencies outside the country. The crypto card by Bitpay is available to U.S. citizens only. In order to apply for the card, it is crucial to provide a valid government-issued ID, home address as well as a social security number.
It costs around $9.95 which includes the cost to issue and the dormancy fee of $5 per month (a 90-day inactivity period).
The shift is one other card which is available in the U.S. This card allows its users in order to connect to the Coinbase accounts they are having. The Visa card doesn’t have any maintenance fee. However, a commission of 3 percent is charged when it comes to an international transaction.
Moreover, the ATM withdrawals will cost you around $2.50 in the U.S. and about $3.50 in the case of other jurisdictions. Also, the card itself costs around $20.
Leading Crypto Debit Cards Available in Europe
When it comes to the Europeans, Wirex is the first choice for most of them. Also, this U.K.-based startup basically offers virtual as well as physical Visa debit cards. Also, the plastic version has a chip along with a PIN.
They are available to the European Economic Area (EEA) residents. However, the company has been planning to offer their services in Asian as well as in the North American markets.
Customers are able to load the card via bitcoin core (BTC), ETH, XRP, litecoin (LTC), as well as waves. Moreover, card users can spend 3 leading currencies i.e. U.S. dollars, euros, and British pounds. Also, users will have to pay around $1.50 card management fee per month.
Revolut is a British company which offers around 1 percent cash back when it comes to cryptocurrency. This is basically apt for the payments that are made with the Revolut Metal card.
However, the digital premium service of the bank provides the clients to have the access to 5 major coins. These 5 coins include ETH, BTC, BCH, XRP, and LTC. Moreover, the contactless card has a fee-free ATM withdrawal service up to €600 per month (~$680). Also, this can be used about anywhere Mastercard is allowed.
It provides the cards in virtual as well as in physical form. However, the physical form has a chip which costs about $15. Cryptopay has been planning to launch its cards in Singapore.
Moreover, when it comes to the payment provider, it supports ETH, BTC, LTC, XRP etc.
In the past few months, a lot of payment providers, as well as fintech startups, have come up with their new cryptocurrency debits cards. They have been trying to grab the crypto users’ attention across the world.
Fuzex is a cryptocurrency payment card project which opted for bitcoin cash (BCH) as their base cryptocurrency last summer. Moreover, it supports ETH as well as FXT. These cards have been issued to Europe residents as well as the APAC region residents currently.
However, their physical card which is enabled with NFC payment comes along an EMV chip as well as a barcode display.
Crypto.com is basically a Hong Kong-headquartered firm well-known as Monaco. It was announced in the month of October of its beginning in order to ship their MCO Visa cards to the Singapore users. The prepaid cards have been connected to a mobile wallet which allows its holders to sell, buy, store, send or track the digital coins.
The coins included are ETH, BTC, Binance’s BNB token, MCO tokens etc. along with other major fiat currencies. They have also released the cards that will get issued in the U.S. via work collaboration between Foris Inc. based in Florida and Metropolitan Commercial Bank based in New York.
It basically works by offering a debit card which is linked to a cryptocurrency wallet. Also, it has become easily available to the citizens of Russia from the last year. In the month of November, a startup based in Switzerland told news.Bitcoin.com that its platform aligns with the BTC & ETH.
These can be used for both online as well as offline payments through a brisk conversion to fiat. Moreover, the company is collaborating with a cryptocurrency exchange Cex.io. One can order the card from its iOS app.
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