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Everything You Need to Know About the Latest Way to Spend Your Crypto

Cryptocurrencies have become popular worldwide, allowing users to securely store and transfer value without relying on traditional financial institutions. Now, many companies offer crypto cards enabling people to use their cryptocurrency holdings in the real world. Crypto cards are prepaid debit cards linked to your digital currency wallet, so you can use them just like any other pre-paid debit card.

Crypto cards are a great way to make everyday purchases with your crypto holdings without constantly converting back and forth between fiat currencies. They’re also much safer than carrying around large amounts of cash.

How Do Crypto Cards Work?

Crypto cards, such as PlasBit Cards, can be loaded directly from your crypto wallet and function like any other debit card. To use a crypto card, you load it with the desired cryptocurrency from your digital wallet. You can use it for purchases or ATM withdrawals, like a regular debit card.

With crypto cards, you don’t need to convert your cryptos to fiat currency whenever you want to use them. Instead, the cryptos automatically convert to the required currency when you purchase. This makes it easier and more convenient than manually converting your cryptos whenever you want to spend them.

Best Crypto Cards To Use For 2023

PlasBit Cards

PlasBit cards offer a secure and convenient way to use your crypto holdings in the real world. The card can be loaded from the PlasBit crypto wallet, so you can easily top it up with BTC, ETH, LTC, ADA, USDC, and other ERC20 tokens. PlasBit offers three types of cards, PlasBit virtual, which has a $25,000 loads per day limit; PlasBit plastic which has a $50,000 loads per day limit; and PlasBit metal which has a $100,000 loads per day limit. You can then use the card for purchases or ATM withdrawals at any merchant that accepts debit cards.

BitPay Card

The BitPay card is a prepaid debit card linked to your BitPay app and wallet. It allows you to easily make purchases and ATM withdrawals with your crypto, supporting up to 13 cryptos. The BitPay card offers 0% foreign exchange fees and free international shipping. You can use it anywhere Visa cards are accepted, including online stores and brick-and-mortar retailers. BitPay also has a $2.5 fee on ATM withdrawals.

Coinbase Visa Card

The Coinbase Visa card lets you use your crypto holdings for everyday purchases. It can be loaded from your Coinbase wallet, so you can quickly transfer funds from there and use them anywhere Visa cards are accepted. The card also has no annual fee and offers cashback of up to 4% crypto rewards on certain purchases.

Coinbase also has a standard fee of about 1% to convert crypto, plus additional network charges when you purchase. The biggest downside of Coinbase is that you have to convert to USD only.

Benefits Of Crypto Cards

Crypto cards offer several benefits over traditional debit and credit cards.

  1. They are secure

When it comes to online transactions, security is a significant concern. People want assurance that their money and information are secure. Crypto cards offer a safe way to make payments without worrying about your personal and financial data being compromised. As they use blockchain technology to store and transmit data, hacking or tampering with it is almost impossible.

  1. They are convenient

Crypto cards make it easier to spend your crypto holdings in the real world without constantly converting between fiat currencies. You can easily top up your card with the desired cryptocurrency from your wallet and use it anywhere Visa cards are accepted.

  1. They are fast

Crypto cards offer more secure transactions than traditional debit or credit cards. This is because the payments are processed on the blockchain, which means they can be completed in minutes rather than waiting days for a payment to process.

  1. Data Privacy

Crypto cards also offer privacy when it comes to your data. As they use blockchain technology, all transactions are encrypted; the only information visible is the amount sent. This means you don’t have to worry about sharing sensitive financial information with third parties.

Conclusion

Crypto cards are an easy and convenient way to spend your crypto holdings in the real world. By linking your card directly to your digital wallet, you can easily top it up with any cryptocurrency and use it for purchases or ATM withdrawals wherever Visa cards are accepted.

While many options are available, we recommend using PlasBit because of its high load limits, low fees, and security features. We also suggest you research to find the right crypto card for you.