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6 Best Crypto Debit Cards

6 Best Crypto Debit Cards

In this article, we are going to share with you the best crypto debit cards that will not only help you with your transactions but also provide some other perks. Here are some of the best crypto debit cards that you may get your hands on:

What is a crypto debit card?

A crypto debit card works just like your normal debit card but spends in crypto. It is a much better way to use your cryptocurrency.

The basic difference is that you pay with cryptocurrency that gets sold or exchanged into dollars. A crypto debit card is a payment card from any crypto firm that lets you pay in the form of crypto. Paying with crypto is a taxable event.

Advantages of using a crypto debit card:

-You can use your crypto debit card to carry out your daily expenses like you would do with your normal debit cards.

-The crypto debit cards automatically convert your payments into dollars or any other fiat currency without any hassle.

-You also get cashback when you carry out your transactions using crypto debit cards.

Restrictions and limitations of crypto debit cards:

-They are not available globally. There are regional restrictions on crypto cards.

-Spending with crypto debit cards can be a taxable event.

  • Adding to the regular fees, there may be extra fees charged for services like ATM and withdrawal fees.

Redotpay card

The Redotpay card comes with flexible spending limits based on your account verification level. Standard users can expect daily spending limits, while verified users may access higher limits for both ATM withdrawals and purchases. The card typically has low fees, including minimal transaction fees for purchases and competitive currency conversion rates for international spending.

The exact fees and limits for the Redotpay card include a daily spending limit of $5,000 for verified users and $1,000 for unverified users. ATM withdrawals are capped at $500 per day for verified users and $200 for unverified users.

In terms of fees, domestic transactions are generally free, while international transactions incur a 1.5% currency conversion fee. ATM withdrawals have a $2.50 fee for domestic use and a $3.50 fee for international withdrawals. There’s no annual maintenance fee if you make at least one transaction per month; otherwise, a $5 monthly inactivity fee applies.

1. Crypto.com

It is a popular choice for crypto debit cards. The crypto.com debit card offers you nineteen different cryptocurrencies and twenty fiat currency options.

The more you increase your CRO, the more benefits you can avail yourself with your crypto.com visa debit cards. They offer lots of memberships, access to the lounge, and much more. They also offer 5% cashback when paying with crypto.

Crypto.com does not charge any annual fee, which is the highlight. The higher-tiered cards can provide the most benefits to crypto.com. They have a dedicated mobile app that is user-friendly and easy to operate.

You can track everything on the crypto.com’s mobile app. Overall, it is a good option to go for in the best crypto debit cards. It is also available globally.

2. Coinbase Card

With coinbase, you can carry out your transactions via crypto assets like you normally would with any other debit card. You can use your coinbase card anywhere Visa is accepted.

They support seven different and popular cryptocurrencies. Also, you can easily convert your digital assets into fiat currency. This card also offers rewards on every purchase.

You can also earn up to 4% cashback in the form of cryptocurrency. They offer excellent security that ensures you have access to your account only. They do not charge any hidden fees or annual fees.

With coinbase, you can earn crypto without buying crypto with the help of the rewards that you can gain with every purchase you make.

3. Binance Card

Binance has partnered with Visa to launch the binance visa card. You do not have to pay any issuance fee in order to get yourself a binance debit card.

There are no monthly fees as well. Binance supports over fifteen cryptocurrencies. There are no minimum balance requirements.

It also does not charge high spending fees and low limits on ATM withdrawals. It is a user-friendly option. It is also one of the most popular options for debit cards.

The transaction fees can be up to 0.9%. You can also get up to 8% cashback depending on the balance in your wallet. Binance is only available in the European continent.

4. ByBit Card

Bybit is a popular choice for crypto debit cards. It is powered by MasterCard. It links directly to your bybit funding account, which makes crypto spending easy.

You can add funds to your account with crypto or fiat currency. You do not have to pay any issuance fee to get their card. Also, there are no annual or monthly fees.

They support eight cryptocurrencies. They provide free card delivery. Also, there is no cancellation fees.

It is compatible with Google Pay. You can also earn up to 10% cashback with your bybit card. It is a secure and rewarding card. Coinbase cards are available in America.

5. Wirex

Wirex offers twenty-five cryptocurrencies. With Wirex debit cards, you can spend cash, use stablecoins, and, obviously, use cryptocurrency.

Wirex offers both physical and virtual debit cards. You can earn up to 8% cashback with Wirex debit cards while making your payments. Your cashback rewards will be deposited in your accounts instantly.

It is worth noting that Wirex does not charge ATM withdrawal fees for up to $200. They do not charge annual and foreign exchange fees either. You do not have to maintain a minimum balance to earn the rewards.

You can manage your account with their mobile app and website. Wirex does not charge any annual or monthly fees. They have an additional feature called the X account, with which you can earn interest on Bitcoin and Ethereum. Wirex is available in United Kingdom and European region only.

6. BitPay

Bitpay offers debit cards, which is a Mastercard. You can use it anywhere MasterCard is accepted. There are no monthly fees or annual fees.

Bitpay supports fifteen cryptocurrencies and eight different fiat currencies. You can get up to three ATM withdrawals per day, and they also have a high spending limit.

It is only available in the US, though. US residents do not have to pay any conversion fee, but they will have to pay %2.50 as withdrawal fees.

They have a designated app on which you can carry out all your activities. It is also a good option to go for because of its numerous merchants.

Also Read

These are some of the best crypto debit cards that allow you to enjoy full advantage of the benefits and rewards.

Read More Crypto Stories on Coinmonks (https://medium.com/coinmonks)


6 Best Crypto Debit Cards was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

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