With the popularization of cryptocurrencies, there are more and more different technologies for storing, transferring, and paying. It all started with wallets, where only bitcoin and ether could be stored. Then there were such varieties as cold wallets, Internet wallets, mobile wallets, and even crypto-banks.
However, progress doesn’t stand still, and in order to increase the use of crypto and the convenience of payments around the world, special debit cryptocurrency cards were invented. The crypto visa card is quasi-global in the sense that it’s available in the USA, Europe, and many other countries. At the moment, Crypto.com Visa and Coinbase Visa are in the greatest demand now.
Crypto.com Visa: Features
Crypto.com Visa is one of the first cryptocurrency credit cards that ever appeared on the market. There are several rewards that a client can receive for using this card. Here are the main advantages of the Crypto.com Visa card:
- no commission;
- 100% cashback on entertainment subscriptions;
- it’s compatible with a wide range of modern crypto.
In fact, the company from Hong Kong is a pioneer in this market’s sector and now processes millions of dollars daily.
Coinbase is a leading cryptocurrency exchange that launched its cryptocurrency credit card in 2012. It doesn’t charge an annual fee, and the user can receive rewards in BTC and XLM. It’s also compatible with 9 other cryptocurrencies, which makes it universal.
Among the advantages it’s worth highlighting the following:
- enhanced card security;
- it takes into account the peculiarities of accounting;
- can be used in all places.
Based on the Visa payment system, the card offers settlements on nine different crypto assets: Bitcoin, Ethereum, Ripple (XRP), Bitcoin Cash, Basic Attention Token, Augur, 0x, Stellar Lumens, and Litecoin.
Crypto-credit and debit cards make assets portable because they can be carried with a person all the time. Does a person want to have dinner at a good restaurant or drink coffee at a Starbucks? If Visa is accepted there, they can pay with a card. The transaction is completed in just a few minutes!
Previously, it was almost impossible to use cryptocurrency in stores, as transactions took up to 30 minutes. But with Visa-based crypto cards, this problem has disappeared. These tools are still being developed and in the near future, creators will improve the cards even more!