Ten years have passed since Satoshi Nakamoto introduced to the world what is definitely one of the most important inventions of our generation, the Bitcoin . A lot has changed since then: Bitcoin is now the most valuable cryptocurrency, the cryptocurrency market seems to be settling down a bit, some governments have fully embraced and regulated cryptocurrencies, while others still struggle with the idea.
Over the years, Bitcoin’s popularity has reached new heights, and there’s no denying that mainstream adoption of cryptocurrencies is starting to take shape. While Bitcoin was primarily used as an investment security in its early days, today, an increasing number of online stores and retailers are accepting Bitcoin as a payment method.
Unsurprisingly, this has led to one of the newest developments in the cryptocurrency industry: Bitcoin debit cards . Bitcoin debit cards help bridge the gap between the world of Bitcoin (and cryptocurrency) and that of traditional fiat currencies. Bitcoin debit cards are not much different from their regular counterparts. The main difference is that you need to load Bitcoin (or other altcoins) on them beforehand.
Below, we’ll look at some of the best Bitcoin debit cards you can get your hands on right now.
Wirex Card
THE Wirex card → is a spin-off from Wirex Solutions, an EU-based startup that offers a multi-currency wallet with a debit card attached to it. With the Wirex card, you can easily use Bitcoin to pay for products in-store, much like online shopping.
Wirex offers two card options: a virtual Visa card and a physical plastic Mastercard with a classic pin and chip design. Both cards can be denominated in GBP, EUR or USD as the base currency. The cards can be shipped to 130 different countries worldwide and can take up to eight weeks to arrive after ordering.
Binance Card
Binance Card → administered by the principal and best exchange in the world is a Bitcoin debit Visa card and is currently the most popular option in the world. With the Binance Visa Card, you can convert and spend your favorite cryptocurrencies at over 60 million merchants worldwide. Simply transfer your crypto from your specific wallet to the card wallet and you’re ready to go. Spend your crypto anytime, anywhere.
SpectroCoin Card
SpectroCoin → is a restricted service that offers Exchange and Visa card solutions to its customers. It has a huge ecosystem that allows users to exchange cryptocurrencies and have instant access to international payments through their Visa cards.
SpectroCoin cards can be denominated in dollars, euros, and pounds sterling and can be used anywhere in the world. In fact, the physical and virtual Bitcoin debit cards are accepted at over 20 million websites and online stores. What’s more, the card can be linked to PayPal or most other online wallets.
Shift Card (Coinbase)
If you are using the Coinbase → , one of the most popular cryptocurrency exchanges, knows that he has a debit card called Shift card . The card connects to your Coinbase account and automatically withdraws the required amount of Bitcoin over the dollar value of the transaction each time you use it to purchase something. The card costs $10 upon issuance and has no additional fees. ATM withdrawals cost $3.50 for international and $2.50 for domestic withdrawals.
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Bitwala Card
THE Bitwala card → is a debit card that connects directly to your Bitwala online bank account. Powered by MasterCard, the card is accepted globally for payments or withdrawals at over 30 million sites worldwide. Bitwala serves all residents of the EEA and Switzerland, and cards are shipped free of charge in less than 10 days. Except for certain ATMs that have their own fees associated with withdrawals, cash withdrawals are free.
Bitwala accounts are fully licensed bank accounts enhanced with a Bitcoin wallet and trading functionality to bridge fiat and crypto. Together with its partner bank Boche, Bitwala offers the safest and easiest way to buy, store, and use crypto and fiat money – all in one account.
BitPay Card
THE BitPay Card It is one of the most attractive Bitcoin cards on our list. It can be purchased for just $9.95 and there is no charge to change your PIN. It works at all ATMs that support VISA and can also be used on the vast majority of online platforms. The withdrawal fee for international withdrawals is $3.00 and $2.00 for cash withdrawals in the US. It has one of the best limits, as each card can hold up to $25,000. You can withdraw $3,000 per day and $750 at a time.
Conclusion
All of the above cards are very solid options, although there are some differences between them. Before you make a decision, research whether the Bitcoin debit card you want is available in your country.