Cryptocurrency debit cards have become one of the most popular, convenient, and easiest ways to spend and withdraw your cryptocurrencies. Even if you know how to buy bitcoin online and get your wallet funded, you might still face some challenges in spending your coins.
A crypto debit card offers convenience and benefits but unfortunately, not all self-claimed crypto debit cards can be trusted or used. After some extensive research, these are the recommended seven best crypto debit card picks which you can use daily:
Wirex could have been the most popular Chip & Pin visa debit formerly known as E-coin. The debit card caters to multiple major cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Ripple. You can use the Wirex app available for desktop and mobile devices to load the Wirex debit card. The balance of your Wirex card can instantly be converted to USD, GBP, and EUR. If you don’t need a physical Wirex debit card, you can request for a virtual card instead.
Wirex debit card is currently available to European Economic Area(EEI) residents while Asia and North America would be also covered soon. However, wherever Visa is accepted, you can use the Wirex debit card. Wirex charges only $1.5 per month for a management fee. If you withdraw your fund through ATM, there would be a fee of $2.5 withing Europe border and $3.5 for anywhere else.
Bitpay Bitcoin Debit Card
Bitpay issue Bitcoin-specific debit card which provides the services of US residents and it’s available in all states. It’s only applicable for a full US resident who has a home address, social security number, and valid government-issued ID. Despite Bitcoin, the Bitpay Bitcoin Debit card also caters to USD Coin, Paxos, and Gemini Dollar. The application fee is flat at $9.95 and the card would be sent via mail within a week.
The major advantage of the Bitpay debit card is that they charge you with no fee for the transactions even though not including withdrawal fee and deposit fee. The no-fee policy is applied only inside of the US while you need to play conversion of 3% if you use the debit card outside of the country. ATM withdrawal fee is $2 inside the US and $3 outside the US.
Coinbase is undoubtedly one of the best cryptocurrency wallets in the industry and it also has its own Visa debit card. While it’s only available for EU countries only, the Coinbase debit card offers convenience and benefits. You can basically use the card anywhere Visa card is accepted. The major advantage is that you can link your debit card with your existing Coinbase account. This way, you can use the debit card to spend your fund without additional financing protocols.
You can use a Coinbase debit card daily conveniently by linking to the Coinbase app installed in your smartphone or mobile devices. It caters to multiple cryptocurrencies and you can choose the coin you want to spend with the debit card right from the app. With a 2FA authentication system, instant freeze, and other advanced security systems, you can use it for transactions with no worries.
Cryptopay Debit Card
Cryptopay is a Russian crypto wallet & payment platform that also has its own Bitcoin debit card. It’s available both physical and virtual where Russian residents can use both versions while European residents can use the virtual debit card. If you need the debit card for online shopping, you can simply apply for a virtual Cryptopay Debit Card. However, a plastic chip & pin card flexes your transactions with cryptocurrency.
Cryptopay debit cards support multiple cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Ripple. The ATM withdrawal fee is 1.5% with a minimum fee of $5 per withdrawal. The monthly fee is 1% of your balance for commission plus $1 for maintenance-free. Cryptopay seems to have the most exclusive crypto debit card by far.
Make sure you are familiar with the basic steps on how to use a bitcoin atm anywhere in the world.
TenX Pte. Ltd
TenX Pte. Ltd is a cryptocurrency wallet company based in Singapore that also issues its own Visa debit card that supports Bitcoin, Ethereum, and Litecoin. The debit card is available and applicable in Singapore, Australia, Malaysia, Hong Kong, and New Zealand. You can simply use your cryptocurrency fund available in your wallet for shopping and other purposes with TenX Pte. Ltd’s crypto debit card.
TenX Pte. Ltd offers both physical and virtual debit cards with competitive fees. There would be a $15 fee per transaction with the plastic card but with the virtual card, you only pay $ 1.5 for the fee. A flat $3.25 fee is credited to your balance for each ATM withdrawal excluding the additional fee from the bank.
Bitwala Debit Card
Bitwala Debit Card is another EEA-only cryptocurrency debit card that supports Bitcoin and Ethereum only. It’s the first self-claimed crypto bank in the world EU residents who use Bitwala can use their bank account to buy and sell Bitcoins. It’s known as an established crypto company with reliable services surviving the Wavecrest shut down. Now, it has its own crypto debit card that offers more flexibility to the users.
Bitwala Debit Card charges no transaction fee but some fees might be still charged by some machines. You can cash your cryptocurrency with Bitwala card for up to €3,000 per day and spend your fund with a limit of €1,500 per day. Basically, you can “top-up”, spend, and withdraw your Bitcoin with Bitwala Debit Card.
Revolut Metal Card
Revolut is an English digital bank and cryptocurrency payment platform known for its Revolut Metal card, which is simply a crypto debit card. It supports Bitcoin, Bitcash, Ethereum, Litecoin, and Ripple. For owners of these five major cryptocurrencies, Revolut provides comprehensive services with the metal card. It’s a contactless card and you can use it for transaction wherever Mastercard is accepted.
Revolut offers premium digital bank services for crypto owners and investors. The company and bank charge no fee for ATM withdrawal with a Revolut metal card with a limit of €600 per month. The digital bank account fee is less than $16 and you can get 1 percent cash back if you use Revolut metal card for payment.
Those are the best-tested crypto debit cards you can use daily for purchasing goods and services. While it offers advantages, the crypto debit card also has its own limitations, especially about the availability and widespread acceptance.
Transaction, withdrawal, and account fees are considerable factors when choosing a crypto debit card aside from the region eligibility.