What are the best crypto debit cards in the UK?
So you've been hearing a lot about cryptocurrencies and want to get in on the action, but you're not sure how? One way to start is by getting a crypto debit card.
There are a lot of crypto debit cards on the market, so it can be hard to know which one is right for you. That's why we've done the hard work for you and compiled a list of the best crypto debit cards in the U.K.
Topping our list is the Revolut. This card allows you to buy, hold and exchange 25 currencies, including Bitcoin, Ethereum, and Litecoin. It also offers free international ATM withdrawals and no exchange fees.
Next up is the Coinbase. This card allows you to spend your Bitcoin, Ethereum, Litecoin, and Bitcoin Cash anywhere that is Visa accepted. It also comes with 0% foreign transaction fees and no annual fees.
Finally, we have the Wirex. This card is unique because it offers both traditional Visa and Bitcoin debit cards. It also comes with 0% foreign transaction fees, a contactless payment option, and mobile app support.
What Are the Benefits of Using a Crypto Card?
There are a few benefits of using a crypto debit card. Firstly, it's a tremendous offline crypto wallet to store multiple currencies. It allows you to securely store your coins offline, which is vital for keeping them safe from theft or hacking.
Another benefit of using a crypto debit card is that it makes spending your cryptocurrencies easier. You can use this to buy goods and services online or in-store, just like you would with a regular debit card. This is a convenient way to use your coins for everyday transactions.
How to use a crypto debit card
So, you've decided to buy a crypto card! Well done! These handy little cards make it easy to spend your cryptocurrency in the real world. But before you can start spending, you need to know how to use them.
Here's some steps on how to use your crypto debit card:
First, make sure the crypto debit card is linked to your wallet.
Next, add funds to your card by transferring your cryptocurrency into the card's account or buy your digital currencies on the issuers application.
Once your crypto debit card has been funded, you can start spending! Some issuers require you to sell and convert your digital currency to fiat before spending and others will do the your digital currency to fiat conversion at spot on your behalf if your account is only funded in crypto. Just look for the merchant's logo and tap 'pay' on your card terminal.
Your funds will be transferred immediately to the merchant and you'll receive a digital receipt for your purchase.
Author: Priya Kumari
Priya is a passionate content writer and the co-founder of Finendorse. She is an enthusiastic crypto investor and has a huge interest in the upcoming digitisation age.