Best Crypto Debit Card

Bybit is a popular cryptocurrency derivatives trading platform that has recently launched its own crypto debit card. Bybit released the virtual crypto debit card in February 2023, while in March of the same year, it expanded the possibilities and launched the physical version of the Bybit Card!

Even though it is still quite new, the Bybit Card can already be considered one of the best crypto debit cards out there. And here is why:

Bybit's debit card allows users to spend their crypto assets anywhere that accepts Mastercard, making it an incredibly versatile option. If you're based in Europe, there is great news, as this is a crypto debit card UK residents and people from eligible countries of the European Economic Area (EEA) can apply for.

Now, the digital assets accepted by Bybit’s crypto debit card include EUR and GBP, for fiat currencies, and BTC, ETH, XRP, USDT, and USDC for cryptocurrencies. With this debit card, one can easily convert their crypto into fiat currency using Spot, Derivatives, and Margin trading, and perhaps even make a profit while doing so!

Pretty nice, right?!

Well, it doesn’t end there, as with the Bybit card's multi-asset spending capability, you can manage your crypto balance and use it to pay for anything you desire.

The greatest part, though, is that the card features zero transaction fees, making it a cost-effective option for those looking to use their digital assets in the real world!

There are also no annual fees, and the platform doesn’t charge for inactivity either. However, there is the foreign exchange fee (0.5%, besides the Mastercard’s foreign exchange rate), as well as the crypto conversion fee (0.9%, on top of Spot fees). Still, it’s a pretty good deal!

Moreover, security-wise, Bybit doesn’t disappoint!

The platform employs advanced security measures, including multi-factor authentication and real-time monitoring, to protect user accounts and funds. Additionally, Bybit uses advanced data encryption techniques to ensure that user data and personal information are kept safe and secure.

Of course, the best crypto debit card must come with great rewards! And Bybit makes sure to provide that through its Loyalty Reward program. It works like this: whenever you spend 1 GBP/EUR, you earn a point, and you can earn up to 12,500 points each month. These points can be redeemed for cool stuff in Bybit's Rewards Market.

Having said all of this, you might be wondering, “But, how do I get a Bybit debit card?” It is, in fact, quite simple!

Step 1: First of all, you need to assure you fill up all of the requirements to apply for a Bybit card:

• Your Bybit account is linked to an email and a mobile number;
• You've set up Google Two-Factor Authentication;
• You've completed KYC by doing the proof of identity and proof of address protocols.

For the last requirement, you will need your National ID or Passport - don’t forget you need to be from the UK or any eligible country from the European Economic Area (EEA). So, Bybit’s card is not ideal for those looking for an anonymous crypto debit card.

Step 2: Once you are sure everything is intact, you can apply for the card through the website and the Card Application on your phone. Check out Bybit’s website for a step-by-step tutorial!

Once verified, users can easily deposit their digital assets and start using the card for everyday transactions!

You can start using your virtual crypto debit card right after the verification process! Now, for the physical debit card, you will have to pay an issuance fee of 5 EUR/GBP/USDT. Once you pay and do everything else required to apply for it, you will receive your debit card within 30 days!

That’s basically it! Overall, Bybit's debit card is a solid option for those looking for a secure, versatile, and rewarding crypto debit card. With zero transaction fees, a user-friendly interface, and a nice rewards program, it's no wonder why it's considered one of the best crypto debit cards on the market.

So, if you're looking for the best crypto debit card, you definitely want to check out Coinbase's offering.

With the Coinbase Card, you can spend your crypto assets just like you would with a regular debit card, and the best part is, you can use it anywhere Visa is accepted!

What’s more, you can easily convert your digital assets into fiat currency. Besides that, the Coinbase Card also allows you to manage your crypto funds in one place. That way, you can easily track your spending and crypto balance through the Coinbase app.

This surely helps you to have a clear overview of your expenses and stay on top of your finances!

Another great thing about the Coinbase Card is that it offers cashback rewards on every purchase. For example, if you use the card to buy groceries or pay bills, you can earn up to 4% cashback in the form of cryptocurrency.

However, the rewards and earning rates of the Coinbase debit card change every month - in other words, they are on a rotating schedule. Also, the rate depends on the type of crypto rewards you choose as your earning.

It’s important to know that the 4% rate is historically the highest the platform has ever provided, which was the XLM (Stellar Lumens) reward. But, you can earn rewards in BTC, ETH, AMP, DAI, and more.

Again, the rates will not always be the same. Although, the benefits of spending to earn still remain!

By the way, Coinbase has a tutorial on how to buy crypto with debit card or credit card in Europe and the UK. If you want to know more about this topic, check it out on Coinbase’s website!

Now, in terms of security, the Coinbase debit card has you covered.

The card offers two-factor authentication and biometric verification to ensure that only you can access your funds. Furthermore, the card is backed by the same level of security as Coinbase's exchange, which means that your funds are kept in secure cold storage - by the way, Coinbase is considered one of the most secure exchange platforms on the market!

Coinbase requires KYC as part of its safety protocols, as well. In other words, users need to provide identifying documents. For example, users from the USA must provide their Social Security Numbers. Thus, the Coinbase card is not meant to be an anonymous crypto debit card.

It's important to note, though, that the Coinbase debit card is only available in certain countries. So, before applying for the card, make sure that your country is eligible. In short, it is a crypto debit card UK, EU and US residents can apply for.

Overall, the Coinbase debit card is a great option for anyone looking to spend their cryptocurrency in a hassle-free and secure way. With its cashback rewards, easy-to-use interface, and top-notch security features, it's definitely one of the best crypto debit cards out there.

Did you know KuCoin has recently announced its debit card, also known as KuCard? If you didn’t, now it’s the perfect time for you to get acquainted with it! KuCoin is one of the biggest exchange platforms right now, and KuCard is promising to be one of the best crypto debit cards on the market!

The KuCoin debit card is a Visa card that allows users to spend their crypto assets anywhere that accepts Visa, making it a convenient way to convert your crypto into fiat and make purchases both online and offline.

Besides, with the KuCoin app, you can easily manage your funds and monitor your spending!

Fee-wise, there are no annual fees, and you can get your debit card completely for free! Though, it's important to keep in mind that there may be a trading fee for converting your cryptocurrency to fiat currency when using the card.

KuCoin also provides custom spending limits, giving its users a lot more freedom! Moreover, there is great news for those who use Apple Pay and Google Pay, as KuCard supports both.

Now, talking about getting the KuCard, you have to take these steps:

Step 1: You need to make sure you are a resident of an eligible country/region. This card is a crypto debit card UK and EEA residents can use. Although, not all European countries are included. So, check out the list of eligible countries on the KuCoin website.

Step 2: You need to create a KuCoin account and go through all of the KYC process, which is composed of the identity verification and proof of address protocols - as you probably noticed, these are the most standard protocols when applying for a crypto debit card.

By the way, as of writing, KuCoin is providing 1,000 USDT to whoever registers their KuCard! So, make sure to enjoy this opportunity while you can. Also, remember that this is a free card, so you won’t have any costs when applying for it.

Now, one of the standout features of the KuCoin debit card is the rewards program: by purchasing with KuCard, you receive cashback in KCS, which is the native token of the KuCoin exchange. This debit card also promises to enable great membership benefits.

Since it’s still quite a new thing, there isn't much information available regarding the cashback rates and the benefits provided to members. So, stay tuned for new announcements!

If you're hesitant towards the KuCard because it's a new player in the game, don't worry. The KuCard is already touted as one of the best crypto debit cards due to KuCoin's established reputation for quality service.

With KuCoin's track record, you can trust that the KuCard will provide a reliable and user-friendly experience!

That’s because KuCoin is a great platform due to its emphasis on security, user-friendliness, and customer support. The platform implements various security measures to ensure that users' funds are kept safe, including two-factor authentication, anti-phishing codes, and multi-level security systems.

Additionally, KuCoin offers an interface that is easy to navigate, making it ideal for both beginners and experienced traders. Besides that, it has excellent customer support services, offering 24/7 support through various channels such as email, live chat, and social media.

So, overall, the KuCoin debit card is a great option for anyone looking for a reliable and convenient way to spend their crypto assets. With its rewards program, security features, and competitive fee structure, it's definitely worth considering!

CEX.IO is a reputable cryptocurrency exchange that has been around since 2013. In 2023, CEX.IO plans to launch the virtual version of its debit card, while in 2024 - the physical one. CEX.IO is surely aiming to provide users with one the best crypto debit cards on the market.

Given its long history, it’s safe to say that CEX.IO knows what it's doing when it comes to handling cryptocurrency. So, that much can be expected from its new debit card, right?

Here is what there is to know so far: this debit card is powered by Visa, which means that it’s widely accepted all over the world. You will be able to use this card both in physical stores and online, and it also will be possible to withdraw cash from ATMs using it - by the way, you will be able to use it with Google Pay and Google Wallet as well.

What’s more, it will allow you to make instant purchases with your crypto or fiat - with that, you can be sure to eliminate those long waiting hours or days to cash out your crypto proceeds.

To summarize, the CEX.IO debit card is expected to be an all-in-one solution by combining the advantages of a Visa debit card, a cryptocurrency exchange, and a digital wallet.

Now, of course, CEX.IO could never even be considered a top choice if it didn’t have a reward program. Actually, not only it's promising rewards, but, in fact, CEX.IO is coming strong with an up to 5% rate of cashback! That’s quite a competitive rate.

Requirements-wise, you will need to be from one of the eligible countries in order to apply for this debit card. Initially, it will be a crypto debit card for the UK and other EU countries (except for Germany and Malta, for now). Although, CEX.IO is looking to expand the list of qualified regions as soon as possible.

Thus, it might be a crypto debit card USA residents will be able to apply for one day!

That’s basically it for the information available so far! Now, as mentioned before: the virtual crypto debit card will be released by the end of the Q3 2023, and the physical version is expected to be launched by early 2024.

However, you can already sign up for the waitlist on the official website! That, of course, requires you to have a CEX.IO account. In order to create one, you need to provide identifying documents, such as National ID and Social Security Number. 

Thus, it goes without saying that this card is not ideal for those who want a completely anonymous crypto debit card - if you really seek true anonymity, using DEXs might be your only option.

Overall, the CEX.IO debit card is a solid choice for anyone looking for a reliable and secure way to spend their cryptocurrency. With its Visa-powered card, ability to spend crypto without converting it to fiat, and great cashback rewards, it’s no wonder why it’s aiming to be one of the greatest options on the market.

If you're looking for the best crypto debit card, then you should definitely consider Crypto.com prepaid cards (Visa). Though, before I talk about the specifics, I need to set something straight. Are prepaid cards and debit cards the same thing?

Put simply, yes: both work just like a regular debit card, allowing users to make purchases online or in-store, withdraw cash from ATMs, and even use contactless payment methods such as Google Pay or Apple Pay.

However, there are some key differences. While debit cards are linked to your bank account or cryptocurrency wallet, prepaid cards must be loaded with funds before use. To fund your prepaid card, you can use bank account transfers, credit or debit cards, or even cryptocurrency.

Now, talking about Crypto.com, a few options of prepaid cards are offered by the platform. You have from the simplest version, the Midnight Blue, to the best one, which is the Obsidian.

The Midnight Blue card doesn’t require locking up CRO - the platform’s native token -, but it doesn’t provide CRO rewards or benefits either.

On the other hand, the Obsidian card allows the highest cashback rate (5%), as well as requires the biggest amount of locked up CRO. It also provides the best benefits, which include bonus rewards, exclusive merchandise, access to famous streaming platforms like Spotify and Netflix, and so on.

There are three other cards in between these two, that have cashback rates from 1% to 3% - the rest of the benefits also vary. Moreover, each one of them has different fees and limits.

So, overall, the tier of the card you can have depends on the amount of CRO tokens bought and deposited in the crypto wallet. To hold CRO, users must first complete KYC verifications, then purchase the tokens, and finally deposit them into their crypto wallet in the app - that is, if they don’t buy CRO directly on the app.

Therefore, once you figure out how to buy crypto with debit card or other traditional payment methods, you are ready to upgrade your crypto debit card!

By the way, the mobile app provided by the platform makes it easy to manage your card and track your spending.

Thus, with up to 5 different Visa card designs available, each with variable CRO staking rewards and maximum withdrawals, there's a card for everyone! That surely makes Crypto.com an accessible choice.

Anyway, that’s for the options of debit cards available. Now, it's important to know which countries are eligible to apply for them. Differently from the previous ones I listed, Crypto.com’s card is a crypto debit card USA residents can use! Not only that, some European countries are eligible, as well.

So, while normal transaction fees do apply, the Crypto.com prepaid cards are a top choice for those looking for variety and good reward programs!

Have you heard of the Wirex Card? It's one of the best crypto debit cards out there! Here's why:

Wirex is a digital payment platform that offers a debit card that can be funded using both traditional currencies and cryptocurrencies. With this debit card, you can spend your crypto just like you would with a traditional debit card.

It's like having the best of both worlds!

One of the biggest advantages of the Wirex card is that it allows you to spend cash, stablecoins, and, of course, cryptocurrencies worldwide, making it super convenient. You can also withdraw cash from ATMs and make contactless payments.

By the way, Wirex offers both physical and virtual crypto debit cards. The card is free - both the issuance and the delivery. What’s more, there is no annual fee. Though, it's important to note that there may be ATM withdrawal fees based on the amount withdrawn.

Moreover, you can manage your account and track your spending through the mobile app, as well as through the website - the app is available in multiple languages, which is great for global users. Besides, regarding the mobile app, it enables instant in-app alerts. That is great for your card security!

Note that, in order to create a Wirex account and, therefore, have a Wirex card, you need to go through a few KYC processes, such as the identity verification, which demands, among other things, a valid National ID or Passport.

Now, one last great feature of the Wirex card that is worth mentioning is the rewards program. By spending with your debit card, you can earn up to 8% cashback in WXT, the platform’s native token! Those rewards will be instantly deposited into your Wirex account.

Overall, the Wirex debit card is a great option for those looking to easily spend their crypto and manage their finances all in one place. With its global reach, user-friendly app, and rewards program, it's definitely worth checking out!