Today, debit cards connected to cryptocurrency wallets allow users to spend their digital coins almost at any place where paper money is accepted. It’s a really convenient and easy way to use your crypto.
Just find out the best
Bitcoin debit cards as well as their pros & cons with our top 5 list. Once
you read this article, you will know exactly what debit card to use. Let’s get
started!
Wirex
Wirex is an international and one of the most famous debit cards. Today, Wirex works in partnership with Visa and Mastercard and offers a lot of opportunities to its users.
Pros:
-
- a physical, virtual, travel, as well as corporate types, are available;
-
- supports altcoins: Ether, Monero, Lisk, Ripple, Dash, DAO;
-
- free shipping;
-
- mobile application;
-
- shareware conversion into another currency;
-
- virtual card doesn’t require verification.
Cons:
-
- maximum limit per
transaction is 2500 USD;
- maximum limit per
-
- supports only £,
$, €;
- supports only £,
-
- daily recharge
limit;
- daily recharge
-
- discomfort caused
by rebranding (formerly e-coin.io).
- discomfort caused
Coinsbank
The platform offers a
wallet, a card connected to it, an exchange, as well as a mobile app and a single
tool for acceptance of payments in cryptocurrencies.
Pros:
-
- it’s possible to
buy a virtual card for 1 or 3 months;
- it’s possible to
-
- all-in-one: card,
bank, exchange;
- all-in-one: card,
-
- supports a lot of
currencies;
- supports a lot of
-
- offers several ways
to top up the card.
- offers several ways
Cons:
-
- complex system of fees;
-
- free shipping is
available only to premium users;
- free shipping is
-
- high rates for
online shopping and ATMs.
- high rates for
-
- name cards are
temporarily unavailable.
- name cards are
Xapo
Xapo is a card that
offers reliable cryptocurrency storage. However, before using, make sure you’re
ready to pass 100% verification.
Pros:
-
- high level of
security;
- high level of
-
- no additional fees.
Cons:
-
- some users inform
of poor service;
- some users inform
-
- an unverified user
has a restriction on online transactions and purchases;
- an unverified user
-
- expensive & long-running
delivery.
- expensive & long-running
SpectroCoin
SpectroCoin serves as an exchange, wallet, prepaid card, and acceptance of payments for business.
Pros:
-
- available almost in all countries of the
world;
- available almost in all countries of the
-
- mobile apps including windows are
available;
- mobile apps including windows are
-
- corporate cards;
-
- supports a lot of currencies &
languages.
- supports a lot of currencies &
Cons:
-
- high currency exchange fee;
-
- high delivery and issuance costs;
-
- error report & complaints;
-
- incomplete information on the website.
Shift
Today, crypto-enthusiasts
consider Shift as the first American debit card on the crypto market.
Pros:
-
- no service charge;
-
- free BTC conversion;
-
- the ability to sign in with Coinbase or Dwolla accounts.
Cons:
-
- available to US
only;
- available to US
-
- provides no own
wallet;
- provides no own
-
- virtual card issuance
costs as much as an issuance of a plastic one;
- virtual card issuance
-
- anonymous cards
aren’t available.
- anonymous cards
Disclaimer
This information is
provided for informational purposes only. Such information is not intended as
and may not be relied upon as trading advice. Before deciding to trade
cryptocurrencies, you should carefully consider your objectives, level of
experience, and risk appetite. Please do your own research and due diligence on
the services provided by online cryptocurrency trading platforms.
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