You may be wondering what are Bitcoin debit cards.
let’s start from the beginning.
Bitcoin is now over 12 years old.
Research shows that only around 1% of Bitcoin transactions are for merchant payments.
The vast majority of Bitcoin transactions are based solely on exchange trading.
Since Bitcoin isn’t backed by any government and its value is particularly volatile, using Bitcoin for payment is unfeasible for many consumers.
Though the number of merchants accepting bitcoin is thriving, it is a little difficult for a normal user to quickly spend BTC on goods and services.
few stores and websites accept digital currencies at the moment, and for good reason. Retailers are scared about exchange rates, find blockchain technology too difficult to understand or think cryptocurrencies are highly volatile assets.
Thankfully, new products are popping up to solve all these problems — crypto cards.
Here are the most secure BTC cards to use in 2022:
That’s why today we are going to discuss such Bitcoin debit cards services which allow you to spend your bitcoins easily, even if a merchant doesn’t accept bitcoins.
The MCO Visa card is a prepaid debit card issued by Crypto.com.
is one of the most desired cards by almost all crypto users.
The MCO card comes in a variety of levels, with varied rewards, fees and limits.
The MCO Visa card is available in Singapore, the United States, and a few other countries. As well as your card you can also use an alternative cryptocurrency called MCO for benefits such as:
features of MCO Visa cards :
The Binance Card is a Visa Debit Card that offers to withdraw funds from your Binance holdings. Your digital currency is converted into fiat money at the time of purchase. This card is available for all Binance users in select regions.
Applying for the Binance Card begins by ordering one online directly from Binance. At the time of writing, the Binance card is currently supported in selected European countries, including Austria, Belgium, Ireland, Malta, Slovenia, and more .
You simply top-up your card with funds through the Binance Card App in the form of Bitcoin or BNB, and you’re ready to go. It’s as simple as transferring BNB from one wallet to another.
Perks of the physical Binance Card
To order Binance card, login or register an account on Binance.
Once you are logged in, select Finance > Binance visa card
From here you can apply for Binance visa card.
Availability: USA and select European countries
Coinbase Card is connected to the cardholder’s online Coinbase account. Within the account, cardholders can store wallets with various forms of cryptocurrency. Cardholders are able to spend the cryptocurrency of their choice online or in brick-and-mortar stores that support their preferred form of payment.
Coinbase Card comes with no annual fee and a crypto rewards program, which allows you to earn 4 percent back in crypto rewards whenever you make a purchase. It should be noted that rewards offers may vary. You can see your current offers in your Coinbase account.
Additionally, ATM withdrawals are not eligible for rewards.
For US-based users, there are no application fees and the card is free as long as your Coinbase account is verified. If you live outside of the US, there is an issuance fee of £4.95 / 4.95 €. The below chart shows all the cost associated with Binance card for non-US users: