In the earlier blog, we discussed what crypto cards are and the growing importance of such cards. A crypto credit card is a credit card that allows you to spend cryptocurrency as well as earn cryptocurrency rewards. With the growing popularity of cryptocurrency, a crypto credit card can play a dominant role in the future crypto world. Top crypto credit cards are changing the dynamics of the crypto space and encouraging more adoption of cryptocurrency.
In 2020, more and more crypto-based payment cards were introduced. This year, we can expect the best crypto credit cards to come into the spotlight. Let's look at the top crypto credit cards that can help you transact in crypto.
This card will pay up to 3% back in Bitcoin or another crypto on each purchase. Gemini has not yet introduced its rewards classifications or yearly charge. This card guarantees no exchange charges on crypto rewards. It will be accessible in each of the 50 states.
Cardholders can make 1.5% cashback in Bitcoin on all purchases. There's a signup bonus of US$250 in Bitcoin if you burn through US$3,000 within the initial three months. Additionally, you can procure additional rewards of up to 3.5% in months four to six of card possession. Likewise, this crypto rewards card allows you to get interested in your rewards and get crypto rewards for referring friends. You can even acquire Bitcoin back on eligible trades. In any case, it's anything but a robust US$200 yearly charge.
Club Swan card is a futuristic concept that allows users to spend digital and traditional currencies seamlessly anywhere in the world. The disruptive card provides the leniency to get the best out of the user's time, money, and experience. It allows users to spend 150+ currencies anywhere in the world with a US$15,000 daily transaction limit. Consumers can even get a card in the currency of their choices such as GBP, EUR, USD, JPY, and CNY.
Nexo is a one-of-a-kind crypto credit card that permits you to take loans for up to US$2 million. To apply for a line of credit, just make an account, pass the KYC method, deposit your crypto assets, and pull out the advance. You can utilize their mobile application to order and deal with your account balance and Nexo Card. Nexo holds your current cryptocurrency balance as insurance as opposed to changing it into fiat whenever you make a buy. Individuals can choose to pay their interest in either crypto or fiat.
The SoFi Credit Card helps you gain 2 points per $1 spent. You can recover those points at a worth of 1 penny every time you deposit them into a qualified SoFi account, including a SoFi crypto account. Currently, Bitcoin and Ethereum are the only cryptocurrency redemption options. Furthermore, crypto redemption isn't accessible to inhabitants of Hawaii, Nevada, or West Virginia.
Crypto.com's assortment of Visa cards is an incredible choice for users hoping to boost rewards. Crypto.com's credit cards let you partake in some extraordinary advantages including 100% cashback on your Spotify, Netflix, and Amazon Prime memberships, 10% cashback on Airbnb and Expedia booking, and airport lounge access. There's no restriction to the number of free currency exchange transactions you can make each month.
Working since 2014, Wirex is another safe choice for cryptocurrency fans. Situated in the UK, Wirex is probably the most established organization that offers crypto cards. After making a payment, the Wirex Visa card will immediately change your advanced resources over to the local currency at the best interbank and OTC rates without paying any exchange fees at all. The card upholds 18 individual cryptocurrencies and traditional currencies. Wirex doesn't accuse you of trade charges and high conversion rates when even overseas.
Coinbase's crypto card is a remarkable choice that was introduced for the first time in Europe in 2019. Crypt Lovers believe the card to be the second-best after Crypto.com's MCO card. In light of the Visa payment framework, it presents nine distinct crypto assets which include Bitcoin, Ethereum, Ripple (XRP), Bitcoin Cash, Basic Attention Token, Augur, 0x, Stellar Lumens, and Litecoin. If you need to utilize a crypto card yet additionally trade simultaneously with the funds then you can utilize the Coinbase card and consistently move funds between your trade account and the card's wallet.
Crypterium offers the smartest possible solution in case you're hoping to claim a virtual and plastic card. The Crypterium prepaid payment card constantly connects with the Crypterium wallet so you can spend your digital resources whenever it might suit you. Utilize this payment solution for offline and online purchases as well as to pull out fiat cash from ATMs.
One of the most popular crypto credit cards is TenX. It is a famous choice utilized generally by crypto users living in Asia. The organization started its initial phases in 2017 subsequent to gathering US$80 million during an ICO token sale. From that point forward, the team has introduced its incredible TenX Visa card. TenX doesn't charge foreign exchange fees, foreign exchange fee charges, or withdrawal fees. Notwithstanding, you should pay for in-application trade rates which are accounted for to be high compared to different crypto credit cards.
The Swipe Visa card allows you to get to your wallet balance at more than 60 million areas worldwide without agonizing over foreign transaction fees. Card advantages are additionally in bounty, including 8% cashback and top-brand discounts. You can connect with Google, Apple, or Samsung Pay and real-time security features. There is access to more than 50 cryptocurrencies, stable coins, and fiat currencies.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.