Best Cryptocurrency Cards in 2023

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Cryptocurrencies have gained significant popularity as investment options. However, few merchants accept direct payment in crypto. Fortunately, there’s an easy solution for crypto owners: crypto cards. Crypto cards allow users to spend their cryptocurrency balances at any merchant, automatically converting the crypto to fiat currency at the time of transaction, avoiding price volatility risks for merchants.

Several crypto cards are available in the market today, including offerings from leading exchanges like Binance and Coinbase. In this article, we’ll highlight the top 6 crypto credit and debit cards, which allow users to spend their crypto in their daily lives. All the cards mentioned offer some form of cashback rewards, letting users earn a bit of crypto each time they spend.

Binance Card
Binance Card is a popular cryptocurrency debit card issued by Binance, the world’s largest cryptocurrency exchange. It operates on the Visa payment network, enabling users to spend their cryptocurrency balances at any merchant that accepts Visa. When a transaction is made, the crypto balance held in the user’s Binance funding wallet is automatically converted to fiat currency, so the merchant receives fiat instead of crypto and avoids the risks associated with crypto price volatility.

Binance Card users can earn cashback rewards in the form of Binance Coin (BNB) every time they make a purchase. The cashback rewards depend on the user’s monthly average BNB balance in their Binance wallet, with higher balances leading to higher rewards. As of January 2023, the highest cashback rate of 8% can be earned with a monthly average BNB balance of 600 BNB (around $183,000), while the lowest tier starts at a monthly average balance of 0 BNB and provides a cashback rate of 0.1%.

In addition to earning cashback rewards, Binance Card also provides users with a secure and convenient way to spend their crypto balances without having to convert them to fiat manually. Binance is widely considered to be one of the most secure and reputable cryptocurrency exchanges, so users can trust that their crypto will be safe when using Binance Card.

Coinbase Card
The Coinbase Card is a debit card linked to a Coinbase user’s cryptocurrency balance, allowing them to use their digital assets to make purchases in-store and online. It operates through a partnership with Visa and is available in select countries in Europe. Users can spend cryptocurrencies such as Bitcoin, Ethereum, Litecoin and others with the card, and the purchases are made at the current exchange rate without any additional fees. The card also offers rewards for purchases and can be managed through a mobile app, allowing users to view their transactions, manage their card settings and track their expenses. Visa Card Visa Card is a debit card that allows users to spend their cryptocurrency holdings directly from their wallet. The card is powered by the Pay platform and is accepted at over 60 million merchants worldwide that accept Visa cards. Users can use the card to spend their crypto holdings in any currency supported by the card, including Bitcoin, Ethereum, and others. The card also offers cashback rewards in the form of CRO tokens, the native token of the platform. Additionally, the card features no monthly or annual fees, and users can choose from a variety of card designs to customize their card.

Wirex Card
Wirex is a cryptocurrency and traditional fiat currency debit card that allows users to spend their digital and fiat currency holdings anywhere that Visa is accepted. The Wirex card is linked to a Wirex wallet, which can hold multiple currencies, including Bitcoin, Litecoin, Ripple, and traditional fiat currencies such as USD, EUR, and GBP. The Wirex card enables real-time conversion of cryptocurrency to fiat currency at point of sale, so users can use their digital currency holdings to make purchases or withdraw cash from ATMs. The card is available in over 130 countries, with no monthly fees, free global transfers, and competitive exchange rates.

BitPay Card
The BitPay Card is a debit card linked to a user’s BitPay wallet, allowing them to spend their cryptocurrency holdings in the same way they would with a traditional debit card. The card is accepted wherever Visa is accepted and can be used to withdraw cash at ATMs. The card is available in the US, Europe, and South America. The cardholder can add funds to the card by converting cryptocurrency from their BitPay wallet to US dollars, which can then be spent or withdrawn. BitPay offers a mobile app for managing card transactions, viewing transaction history, and tracking spending.

Gemini Credit Card
The Gemini Card is a Visa debit card that allows users to spend their cryptocurrency anywhere that Visa is accepted. The card is linked to a Gemini account where users can deposit and manage their cryptocurrency, including Bitcoin, Ethereum, and USD Coin. The card supports real-time conversion of crypto to fiat currency for purchases, and there are no monthly or annual fees. With the Gemini Card, users can enjoy the benefits of cryptocurrency without having to sell their holdings and can experience the convenience and security of using a traditional debit card. Additionally, the card offers cashback rewards for purchases made using crypto, allowing users to earn back a percentage of their spending.

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