Cryptocurrency debit cards are becoming increasingly popular as they offer users the convenience of making purchases without having to convert their crypto wallet into fiat currency. In this article, we'll discuss the most popular active Bitcoin debit cards, what information you need to provide to get one, and the limits and fees associated with them. Undoubtedly, cryptographic debit cards rank high when it comes to convenience. You can use your crypto wallet to make purchases without having to do anything with your account or wallet or convert them into fiat currency.
Two small temporary charges will be applied to your card. If you already have a Visa or Mastercard debit card linked to your Apple Wallet, Apple Pay will automatically appear as a payment method when you buy cryptocurrency with Coinbase on an iOS device compatible with Apple Pay or in the Safari web browser. The limit for buying cryptocurrency on Coinbase with Apple Pay is equal to the sum of your own debit card's transaction limit and the Coinbase limits. The Trastra debit card is a Visa payment card that allows users to receive funds in cryptocurrency and spend them in euros. With a Bitcoin debit card, merchants are paid in their own currency, while you are charged in bitcoins from your prepaid balance.
The BitPay card supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Shiba Inu (SHIB), Litecoin (LTC), Dai (DAI), Wrapped Bitcoin (WBTC), Gemini Dollars (GUSD), USD Coin (USDC), Binance USD (BUSD) and Pax Dollar (USDP).Using a cryptocurrency debit card is an excellent way to start earning in cryptocurrency on a daily basis. This means that users will have to manually exchange their cryptocurrencies for fiat currencies within the exchange as needed, which is a step further compared to most Bitcoin debit cards. Some companies also require users to validate their identity through the Know Your Customer (KYC) verification process. Currently, the Paxful debit card is only available in the US. In the US, however, plans have been made to expand globally.
In addition to the companies mentioned above, there are several lesser-known companies that claim to supply a Bitcoin debit card. The SpectroCoin debit card is linked to the user's exchange account wallet, but can only be funded with euros. Nexo debit card users receive up to 2% cashback on all their purchases, which they can receive in bitcoins or NEXO tokens. Depending on the region, the card can be charged with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC), Stellar Lumens (XLM), Waves (WAVES) Dai (DAI) and Nano (NANO).In conclusion, cryptocurrency debit cards offer users great convenience and flexibility when it comes to making purchases without having to convert their crypto wallet into fiat currency. However, it is important to understand the limits and fees associated with each card before making a decision.
It is also important to remember that some companies require users to validate their identity through KYC verification.