I’m sure many are asking themselves whether cryptocurrencies debit cards are a real thing or not and indeed the answer to that question is yes,
The first one is that only 25% of cryptocurrency is used for buying and selling products. The other 75% is used for trading much like the stock and the forex markets because of the volatility of the cryptocurrency market. So people are taking advantage of that at least the people that know. When overstock.com decided to start accepting Bitcoin as a payment option for their products. Now, the bitcoin was accepted by many companies such as Amazon, Shopify, and even Microsoft themselves so all being large-sized companies and with this, The growth of Cryptocurrencies implying used as more than just a trading option. Bitcoin was assigned to be a form of Decentralized global currency that you could pay for products.
Many people used the cryptocurrency debit card that was channeling Bitcoin to work with visa. So that when you’d buy something it would take it out of your Bitcoin account through Visa and actually visa would transfer furthermore allow you pay for anything that allowed Visa, Whether Walmart or Some sort of food restaurant is a normal retail store. It was allowing you anywhere that accepted Visa for you to make cryptocurrency payments via the American Express or MasterCard whatever have.
An exciting form of growth in the past year because so many new companies organizations Big names have all begun to start accepting cryptocurrency. at least in some way form or fashion, so With this, we’ve solved the growth of a couple of different cryptocurrency credit cards. With the crypto debit cards, there has always been some sort of problems. But as we move into the future, we’re seeing all these starts to fade into the background.
Here are the best Crypto debit cards to use in 2021:
1. Coinbase Visa Crypto Debit Card
The first card is the Coinbase card that spends your crypto everywhere. you can go and download the app it’s called Coinbase card on iOS or Android whatever you are. it’s a Visa debit card funded by Coinbase balance the easiest quickest way to spend your crypto worldwide. It’s so simple so easy all you have to do is send right now a bitcoin to your Coinbase account. It will literally pop up be available on your coin base card. so obviously everyone knows coin based in the crypto world. So it’s easy to use but it does come with drawbacks.
Coinbase says first spend your crypto will instantly use your card worldwide. It is a visa so it is it’s very accessible to keep your crypto safe and also select your crypto wallet. You can know tracked every Bitcoin transaction. You can do your transaction receipts that kind of stuff. The reason many are doing quite is there is a lot of fees like every single time we do a transaction whether you buy sell put crypto in the wallet. There is a fee of its cash withdrawal fees everywhere. So it is a very expensive card the fees are too high. They will need to change that in the future. if they want to stay. It is a big cryptocurrency card in the future. But yeah that’s the good thing very easy to use but it’s expensive which is a drawback for a lot of people.
2. Crypterium UnionPay Crypto Debit Card
The next card is Crypterium. They’ve been around since about 2016. The Crypterium coming up the ranks for a few reasons is really good. You can download the wallet which you can track your money you can do all your payments you can transfer money overseas. It’s very very quick and easy to transfer money from banks and you can pay your bills in crypto. The good thing about their cards is very very cheap and have low fees. It is really good to see app updates insights educational, your name it this card, and more featured in the card.
In the Crypterium app, a whole variety of different things you can do like the wallet, the cards, the bank transfers, even some other stuff as well. Here wallet cards bank refers and shopping as well you can send money around the world. They have a lot of stuff that the main thing. This goes through a few things so obviously, Coinbase has a visa while Crypterium is Union pay. Visa might be a little bit better so as you can see Coinbase has got like all the top-deal. The Crypterium doesn’t have a good kind of like payment system.
There are no fees on Crypterium so with Coinbase eater you know one percent fees for this load fee, two percent ATM fees, two percent conversion fees, and then international fees up to six percent. Crypterium looks at this monthly fee freeload, two percent ATM fees, zero Commission comb conversion fees, zero transaction fees, zero international fees, zero those things. The low fees make the Crypterium cards super attractive. This Saves you a lot of money using the Crypterium. Coinbase might be visa but if you were ready to sacrifice that with Union pay which still is a very very good kind of intermediary for payments. If you are traveling you can just put your crypto on your card and spend it in no international feel you don’t get that with anyone.
3. Crypto.com Visa Crypto Debit Card
If you are looking for rewards then it will be a good option. They’ve been around for a while buying sell and pay with cryptocurrencies. You can download the app and you got a wallet like Crypterium and get started with Crypto. In Crypto.com, you can buy up to 45 different cryptocurrencies. Go through things like convenience credit fees in the wallet, they offer different Debit cards like Black cards which more popular for giving rewards of about 5% in all transactions. that in a second this is powerful you can earn up to 18% PA on your cryptocurrencies. So you can put crypto into the wallet and you can get it kind of like cash. From the crypto point of payment, you can pay for things online and you can invest in other cryptocurrencies. Crypto.com has got the most kind of complex app for different things you want to use.
The Crypto.com card is cool the first thing you want to notice is that they have some really good partners with the card like Airbnb and Xperia with the MCO Visa debit card. They’ve got some good partners you get music as well with Spotify. movies with Netflix. You get like best spending rewards ever for that kind of stuff. So how do you get these rewards, to get these rewards you have to choose the different tier of cards so you can see them on the Crypto.com official website. So you can get like a black card, frosted rose gold card, you can get a white card, or you know you can go through all the cards. The best one is the black card so how do you get them.
The features you get with it compare the card tiers The first is the card you get for free and you basically MCO rewards on all card spending you get 1% rewards. Then you get this card which gifted that you have to deposit 50 MCO. If you stake 50 MCO you will then get Spotify, if you stake 500 MCO you get Netflix, 5000 MCO then you get Xperia Expedia, 50,000 MCO you get the black card you get Airbnb to get to private you get like loads of other stuff that’s pretty good no other card offers. So at the airport lounge access, no ATM fees or monthly withdrawals, you get other composite metal cards and you get a whole load of like kind of international bank. it’s pretty powerful buyers. We would highly recommend having all of the cards. MCO is getting better rewards from your cryptocurrency.