In terms of usage fees, the BitPay Bitcoin visa debit card works best when used within the US, since there are no fees to pay on domestic transactions. To order a Uquid card, you will need to first create an account on the website, after which you will be able to select from the card types available in your country. We are also THE ONLY card provider using a non-custodial contract wallet: we don’t touch our users funds. Binance, the leading cryptocurrency exchange, released their own Binance Visa Card in mid-2020, in partnership with Swipe. However, its services are also available throughout the European Economic Area (EEA), plus Switzerland and Australia. Purchasing limits are set to €1,500 daily but can be increased if needed to €3,000 or more. After exploding onto the scene in 2009, Bitcoin quickly became a global phenomenon, thanks to its cheap and secure capacity to transmit value between people in just minutes. CoinDiligent is the go-to resource for cryptocurrency traders. This process is automated if your funds are stored in your SpectroCoin web wallet, but must be set up first. The Cryptopay card is also one of the few anonymous Bitcoin debit cards still available, though unverified customers are subject to somewhat small usage limits. Nexo’s debit card is unique in the sense that users can spend the value of their cryptocurrency, without actually selling it. Overall, the Uquid card is one of the more expensive options on our list, but its wide availability and excellent altcoin support make it ideal for those looking to make better use of a diverse portfolio of cryptocurrencies. While not many businesses accept payments in Bitcoin (yet), most accept debit cards. Uquid’s offering is also one of the most widely available Bitcoin debit cards, being available in 174 different countries, with fast shipping included as standard. However, if you care about one specific characteristic over anything else, then you should make your decision based on the table below. BitPay’s card supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP), Gemini Dollars (GUSD), USD Coin (USDC), Binance USD (BUSD) and Paxos (PAX). MCO Visa customers can earn upto 5% cash back on general purchases, and potentially 100% cashback on both Spotify and Netflix. Creating your online account is free, but issuing the physical card costs $16.99 / €14.99 / £9.99 depending on the currency of the card. The complete fee table can be viewed here. Supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Wollo (WLO). This means that if you’d like to enjoy the volatility of your cryptocurrencies you’ll need to hold them until you actually want to purchase something before selling them in order to top off your card. At the lowest end of the scale, the free Midnight Blue card offers a $200 monthly limit for free ATM withdrawals, whereas this increases to $1,000 for the Obsidian Black card. So you are wondering what the best Bitcoin Debit Cards are? They are crucial to making out of Bitcoin the currency we all want it to be. Hello I am Brice the Community Builder from Monolith. There’s a £4.95 or €4.95 fee for issuing the card, and ATM fees are 1%/2% (domestic/international). We hate spam as much as you do. Binance Visa Card users can also receive up to 8% cash back on their purchases in Binance Coin (BNB). On the other hand, we shouldn‘t only keep in mind the newcomers. Another payment option for US customers is using a connected bank account. Today, most of the Bitcoin exchanges accept many types of payment. Some of them, such as the Wirex Bitcoin ATM card, make the process of fulfilling a transaction incredibly easy. I’m curious about how Blockcard compares and what the pros and cons are. Wirex standard response when I complain is ‘We would be glad to provide you with the requested information, however, unfortunately, we are unable to do so until the completion of the investigation.’ Since then, over a dozen companies have launched their own Bitcoin debit card, and further improved on the usability and functionality offered by first-generation cards, many of which include features such as contactless payments, automated billing and even cashback. Coinbase charges 3.99% fees for debit card purchases but you can get your coins instantly. As one of the simpler Bitcoin prepaid cards around, BitPay doesn’t include fancy features such as insurance or cashback, but does provide an entry-level card to help improve the spending power of your digital assets. If you are simply looking to spend online, then a virtual Bitcoin debit card will probably suffice, but those looking to access their balance via an ATM will need a physical card, which may, or may not be available depending on your location. and other gadgets which improve the user experience are crucial. Though relatively new, the reviews seem to be mostly positive with support being highly responsive. Pros: Balance can be funded with 13 cryptocurrencies, established companies. You can learn more about CoinDiligent on our “About” page. Buy Bitcoin fast with your bank card on durch.net Something as simple as making a Bitcoin transaction wasn‘t easy a couple of years back. In 2016, it started to offer a US-only … Hi Nate! Send, receive, buy and sell bitcoins anytime, anywhere. At the time, the Xapo debit card was heralded as the final piece of the puzzle needed to bring Bitcoin to the mainstream. BitPay VISA Debit Card Although the newest Bitcoin debit card, BitPay's VISA card is perhaps the most exciting of the bunch. The card is already available in almost 30 countries, including the UK. What’s the process to get listed on Crypto Compare Card? I get it. Users can also create free “virtual cards” which improve the safety of online purchases. Currently, three different account types are available on the website: Standard, Premium and Metal. When it comes to selecting the best Bitcoin debit card for you, you should undoubtedly be looking only at options offered by established companies with a history of trust. These coins are Litecoin, Ethereum, Bitcoin Cash, and Ripple. Choosing which cryptocurrency you’re spending can be managed through the Coinbase app, which is available both on Android and iOS. In order to solve this liquidity problem, several innovative companies took it upon themselves to bridge the gap between the cryptocurrency and traditional markets by bringing to market a Bitcoin debit card. However, it does show that you have to be very careful when picking a bitcoin card. i don’t remember its exact fees for banking but for me they are ok. Here’s what I’ll cover: No, it doesn’t. The SpectroCoin prepaid debit cards stand apart from other similar offerings thanks to their extremely high ATM withdrawal limits, allowing customers to withdraw up to $1,500 per day — more than most standard bank cards. In addition, many Bitcoin debit cards allow you to store several fiat currencies in separate accounts, allowing you to shop internationally without being lumbered with excessive currency conversion fees. Bitcoin debit cards enable you to easily spend your crypto, without having to go through cryptocurrency exchanges and banks. The card features generous spending limits at $10k per day, though maximum ATM withdrawals are capped at £/€/$250 per day. First of all, BTC debit cards enable adoption. However, these cards run among userfriendly apps which avoids any kind of struggle for all the non-technical newcomers. Cons: BTC and ETH only, limited to EEA countries. Standard accounts can deposit up to $250 per day, and have a maximum balance of $2,500, whereas the deposit limit and maximum balance of Premium accounts is set at $5,000. Is there an anonymous Bitcoin Debit card? New users often exit the cryptocurrency space because they have trouble using the new technology. Let me know regarding the conditions that you might propose. These banking laws require Bitcoin ATM Card issuers to require basic identity information of their clients. Nexo, crypto financial service provider, is on the verge of releasing their own debit card, in partnership with Mastercard. Only a couple of clicks in your app, save you a lifetime of struggle on other perplexing platforms. The most common types of debit cards used to buy bitcoins include VISA, Mastercard and American Express. Some of them, such as. The Paxful debit card is currently only available to the US, however. However, these companies have very limited information about them online and should be treated carefully. It is the first Bitcoin debit card that is available to US residents from all 50 states, but you must have a home address (no PO boxes), Social Security number, and government-issued ID to apply. Find out everything you need to know about the card today in our review. Cons: Limited countries available, long process to … This means that users will manually have to exchange their crypto to fiat within the exchange as needed – an extra step compared to other Bitcoin debit cards. Why are Bitcoin Debit cards essential for crypto users? The card costs a flat fee … Although the SpectroCoin debit card is linked to a user’s exchange account wallet, the card itself. However, payments outside the US will incur a 3% currency conversion charge, while domestic and international ATM withdrawals are charged at $2, and $3 respectively. From the current selection, EU residents are probably best off using the Coinbase Card (which can be ordered within Coinbase mobile app). The card is currently available in the UK and Europe. Commonly, Bitcoin debit cards will market themselves as free, or low cost. Lastly, the great majority of Bitcoin debit cards do exactly what they say on the tin — allow users to spend their Bitcoin via a debit card. I’ve spent about two years trying to get a card, Bitcoin is the internet of money – and with a Bitcoin Debit Card, you can pay anywhere on this planet where Credit- or Debit Cards are accepted with the Crypto Currency of your choice. Please get in touch with us at contact {at} coindiligent {dot} com for any suggestions. I … This, however, tends to mean that the company makes its money elsewhere, such as charging extortionate exchange or deposit fees. Using your Bitcoin debit card you can pay at any store that accepts regular debit bank cards, while the charge is deducted from your Bitcoin balance (usually plus a fee, of course). I will look into TRASTRA. Last, but certainly, not least is the SpectroCoin prepaid card, available for customers in almost 200 countries. Bitwala considers itself the first crypto bank account. To get your hands on a Cryptopay prepaid card, you’ll need to fork out $15 for the plastic version, whereas the virtual version will set you back just $2.50. Shift has launched a cryptocurrency debit card that behaves just like a regular Visa debit card and is connected to user’s Coinbase account. Wirex is one of the longest lasting cryptocurrency and Bitcoin debit cards. Trastra debit card is a Visa payment card enabling users to receive funds in crypto and spend them in Euros. Aside from the companies mentioned above I have found several less known companies that claim to supply a Bitcoin debit card. The card costs €7 with free standard shipping, and it’s free to load via the SpectroCoin wallet. Overall, the SpectroCoin prepaid cards are best suited to cryptocurrency users looking for convenience and high transfer limits, albeit at the cost of general functionality. Coinstream is a convenient way for Americans to Buy Bitcoin. Crypto balances can be transferred to other Revolut users free of charge, and can be converted back into fiat currency to be spent using the Revolut card — this process is not automatic. The Best Bitcoin Debit Cards for Non-US residents Bitcoin debit cards were a fantastic way for hodlers in markets without friendly exchange environments to easily use their bitcoin. In many countries, access to financial infrastructure is severely limited, which is why Bitcoin is particularly popular in less economically developed countries. When choosing a Bitcoin debit card, USA customers, in particular, need to be particularly wary, since only a select handful of cards offer full functionality to US citizens. . Pros: Multiple coins supported, established company, Cons: Limited availability outside of the EEA/Asia-Pacific region. In terms of usage fees, the BitPay Bitcoin visa debit card works best when used within the US, since there are no fees to pay on domestic transactions. Uquid (active but doesn’t accept new customers). However, the biggest hurdle is letting users instantly purchase Bitcoins. Accounts can be managed via the free Revolut app. Thank you for the feedback, Yulia. In terms of usage fees, SpectroCoin prepaid cards are not the cheapest on the market, charging a 1% fee to load the wallet using cryptocurrencies, while also levying a 3% fee for any currency exchanges performed. Shift Card is a bitcoin debit card available to American bitcoin users. Bitcoin isn’t controlled by any single centralized party, so it can’t issue its own debit card. Revolut was initially launched in the UK, and that’s where it finds the majority of its customers. The Bitcoin Debit Card USA 800k has an annual load limit of € 9,600,000. In-store and online purchases are free no matter where you are, while ATM fees apply at different rates for the EEA and Asia-Pacific. You can receive and hold crypto in your Trastra wallet and spend them as Euros whenever you need. See below for an outline of the key characteristics that we watch when reviewing a crypto debit card. is an all-in-one crypto exchange which offers an exchange-linked debit card to customers in the European Economic Area (EEA). The card is available in all 50 US states. However, Wirex does offer an online-only account to users in most countries, though the United States and China are excluded. Bitcoin Debit Card & Wallet. Beyond the initial purchase cost, both virtual and plastic cards incur a $1 monthly fee. Currently unavailable in the US, Canada, and Asia. Thanks a lot! Bitcoin is on its way to becoming mainstream. Which Bitcoin Debit card is best for you? Keep in mind there are downsides. Total monthly limits are €10,000 for all transaction types. With so many Bitcoin debit cards that turned out to be frauds or that never delivered, that is a great question to ask oneself. So far, the US has taken a rather aggressive approach towards regulating bitcoin and cryptocurrencies. Hence, in order to stay on the safe side, many Bitcoin card providers do not do business in the United States. This means that users will manually have to exchange their crypto to fiat within the exchange as needed – an extra step compared to other Bitcoin debit cards. Pros: No administration fees, cash back rewards, Cons: Limited range of supported cryptocurrencies. The SpectroCoin wallet can hold BTC and a range of other major coins, but remember you’ll have to manually exchange these to EUR to use your card. Buy over 200 cryptocurrencies with your credit-debit card in USA. UK customers, in particular, are best served by the Uquid card thanks to its disproportionately lower fees in the UK. The Cryptopay prepaid card is available in the UK, Singapore and Russia, as well as throughout much of Europe and is one of the oldest Bitcoin debit cards still in operation today. The Bitcoin Debit Card USA 800k can be loaded more than once, up to the annual limit. The card has a monthly maintenance fee of $1 and a 1% commission for loading (and unloading) money. Standard plans allow you to withdraw up to £200 per day from an ATM without fees, this is increased to £400 with Premium plans, and £600 with Metal plans. BitPay's debit card costs $9.95 to order, and arrives 7-10 days after purchase. SpectroCoin prepaid cards are funded using cryptocurrencies, which are automatically converted to fiat currencies when paying in-store or online. Use at 30+ million ATM’s. Before buying a Bitcoin debit card, there are a few things that you need to keep in mind. For most of the new users, it still isn’t. There are no transaction fees for the Bitpay card. Bitpay is a Bitcoin payments processor. All plans include a free current account and IBAN account and allow you to, Crypto balances can be transferred to other Revolut users free of charge, and can be, Invasive KYC requirements for VIP accounts, However, despite the enormous popularity of Bitcoin during this time, BTC suffered from major liquidity issues, with it being both time-consuming and, The first of these Bitcoin debit cards was. People that buy Bitcoin debit cards often have more Bitcoin than fiat, and are therefore looking for a way to make better use of their funds. It was more about making the process of spending Bitcoin more efficient. Unfortunately, there are no anonymous Bitcoin Debit cards. Load dollars using any bitcoin or ethereum wallet, spend anywhere. Get your BitPay Card today. What Is Shift Card? with free standard shipping, and it’s free to load via the SpectroCoin wallet. Currently, the card only supports BTC, EUR, BNB, BUSD and SXP balances. During an AMA session, Coinbase CEO Brian Armstrong announced that the company is working on introducing its debit card to customers in the U.S. That‘s why good platforms to manage your crypto and other gadgets which improve the user experience are crucial. We write in-depth trading guides, valuable exchange reviews, and share priceless trading tips from top crypto traders. Unfortunately, since the Bitcoin debit card industry is fraught with stories of Bitcoin debit cards shutting down rather suddenly, it is important to ensure you are dealing with a company that knows what it is doing. What to keep in mind when looking for a Bitcoin Card? Bitnovo caters mainly to residents of Spain. Wirex works just like a regular debit card, allowing you to spend your money in store and online anywhere that accepts Visa. Here’s a look at some of the best active Bitcoin debit cards available today: Pros: Multiple coins supported, established company, widely available. Other than that, since most of these cards work more or less the same there’s no ‘clear winner’, or loser, for that matter. What makes it special is the ability to exchange crypto to Euros without the need for a bank account. The company supplies a Chip & Pin visa debit card that can be loaded through your Wirex app (desktop or mobile). Convert your bitcoins whenever you need them, Easily top up your AlphaCard via Bitcoin and withdraw cash from ATMs. The Paxful debit card is currently only available to the US, however plans have been made to expand globally. Back in November 2015, Coinbase launched their first Bitcoin prepaid card. If you are somebody looking for a no-fuss solution to spend your cryptos quickly, then Wirex is one of the best Bitcoin cards for you, as customers can instantly exchange and spend 8 different cryptocurrencies. Nexo debit card users receive 2% cashback on all purchases, which can be received in Bitcoin or NEXO tokens. , make the process of fulfilling a transaction incredibly easy. The BitPay card is the fastest way to convert crypto to dollars on your terms and with no conversion fees*. Daniel has been bullish on Bitcoin since before it was cool and continues to be so despite all evidence to the contrary. This post will cover the most popular active Bitcoin debit cards around, meaning debit cards that can be loaded with Bitcoins. All plans include a free current account and IBAN account and allow you to spend cryptocurrencies in over 150 countries worldwide at the interbank exchange rate. We support Visa Master Card and Apple Pay. stopped working when the Banks shut them down. One example of this is the ICO “Centra”. While the company got hit by the initial Wavecrest shut down, it quickly recovered and started issuing services to their users in 2018. It allows EEA residents to buy and sell Bitcoins using their bank account. Like several other Bitcoin card providers, Cryptopay’s offering is available as either a plastic prepaid card, or a virtual card. One example of this is the ICO “Centra”. For US residents there is the option of using BitPay’s Bitcoin debit card.