Bitcoin (BTC) is at its highest price since the beginning of 2023, and veterans believe we could be in for a new [crypto bull run](/news/article/bull-and-bear-markets). As most people consider crypto trading an ingenious way to earn passive income, many new investors are looking for an alternative investment and considering joining the ranks. Considering the growing popularity of speculative crypto trade, our guide describes the best crypto app UK for beginners.  

## Getting started trading crypto 

If you already understand cryptocurrencies and how they work, there’s every chance you already know that you need a platform, either an exchange or a crypto app, to trade from. 

While there are many ways you can manage, trade, invest and earn from your cryptocurrencies, cryptocurrency apps are among the best ways to remove the complexities involved in crypto trade. As a result, picking the best crypto app in the UK is a positive way to learn and enhance your [trading experience](/news/article/simple-cryptocurrency-trading).  

As people’s knowledge on the subject increases, adding crypto to investment portfolios is no longer considered something for only select individuals. Once you decide to buy or sell cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), choose an app that best suits your interests. We've reviewed several crypto apps to help you decide which is most helpful. 

## What is a crypto app? 

A crypto app is an Android or iPhone-based application that enables investors to buy or sell cryptocurrencies on the go. Also called crypto exchange apps, these applications can trade crypto from both centralized and decentralized crypto exchanges. 

Centralized exchanges operate like stock exchanges where market makers buy tokens when a sell order appears and sell them when there's a buy order. In contrast, decentralized ones use algorithms to match buyers and sellers automatically.  

## Choosing the best crypto app UK 

The best apps for trading crypto have numerous things in common. These include security, simplicity, and frequency of updates - all of which you must consider when choosing the best crypto app UK.   

## Security 

Security ranks as the highest factor worth consideration, as everyone must ensure they can keep their crypto securely in their wallet. The ability to keep crypto relatively safe is why many people have been attracted, and adoption is growing. Among the key features you want to check in any app include the presence of two-factor authentication (2FA), withdrawal confirmation methods, multi-signature algorithms, and the ability to transfer funds to cold wallets.   

## Beginner friendliness 

If you're a complete greenhorn, you want an app that's easy to use and understand as you dip your toes into the volatile but relatively lucrative world of the crypto trade. 

It's important to avoid an app whose interface is overly complicated since the crypto market is already stressful enough. The best crypto app has a straightforward interface offering multi-language support and the least amount of technical migraines to deal with.   

## Fees 

The abundance of crypto apps means there’s enough competition in the space. As they fight to win over customers, users are likely to benefit from the lower fees offered. 

As a new user, it's your responsibility to do research and double-check to ensure that the provider you choose will offer you the most competitive rates without compromising on quality and security. While some fees are unavoidable when you use any crypto app, you shouldn't pay an arm and a leg to access the services.   

## Investment targets 

There’s every chance you have already set your strategic investment target as an aspiring crypto trader. It is, therefore, only fair to consider an app that enables you to set investment targets for a crypto investment portfolio. 

If that's available, you can always refer back to it to remember your long-term strategy of holding specific crypto assets for a specified period instead of actively participating in all markets. Ultimately, ensure that you try an app with a small amount of crypto before you decide to make a bigger deposit after confirming that it's the right one for you.  

## The best crypto apps 

### eToro 

[eToro](https://www.etoro.com/) is popular and perhaps the best crypto app in the UK because it makes trading 75 crypto coins at home or on the go a simple exercise. The app offers among the lowest fees among crypto brokers at a flat rate besides offering high-level investor protection. [eToro](/news/article/etoro-uk-review) offers users a social trading experience through its intuitive interface that shows trending coins and their technical analysis, as well as the ability to copy other users trading suggestions on your app or desktop. The broker charges traders a 1% fee, included in the price displayed for buying or selling crypto. 

## Binance 

With over 30 million users and trading over 350 different cryptocurrencies, [Binance](https://www.binance.com/en) ranks as the world's leading cryptocurrency exchange, offering services including crypto loans, derivative markets, and staking. The Binance app has a "Lite" version that only displays basics and is best for beginners. With advanced features, the "Regular" one is best for experienced traders. While Binance offers free trading for Bitcoin (BTC), the app charges a 0.1% fee for all other trades, and Binance coin (BNB) holders enjoy a 25% discount on all fees. Moreover, there are no deposit fees, but withdrawals are charged variously depending on the coin. 

## Coinbase 

[Coinbase](https://www.coinbase.com/) is a leading crypto trading platform offering more than 170 coins and a secure wallet, alongside automatic staking rewards for holders of over ten coins via Coinbase Earn. The Coinbase app is renowned for safety and offers insurance for balances of up to $250,000. Trading fees range from 0.6% and become lower for higher trading volumes. Users enjoy free wallet-to-wallet crypt transactions, no bank transfer deposits and withdrawals, but pay 25% for staking services. 

##vOKX 

With the flexible and adaptable [OKX](https://www.okx.com/) crypto app, users can choose three versions based on their trading preferences. The versions include the beginner-friendly “Lite” version, the “Pro” version with its myriad of trading tools, and the new “Web3” version meant for NFT traders. Whether you’re using the app or the desktop version, you can choose from over 350 cryptocurrencies and select from several simple payment methods. Regular users are charged a 0.1% fee for spot trades, while holders of the OKB crypto enjoy a 0.02% discount on over 2,000 coins.     

## Kraken 

[Kraken](/news/article/kraken-review) is a well-established cryptocurrency exchange, and its crypto trading app offers a selection of more than 65 cryptocurrencies: BTC and ETH being the most popular ones, with some DeFi coins also offered. Moreover, the exchange's popularity is related to its layer-2 scaling solution for the lightning network and Polygon. This enables users to seamlessly conduct instant and virtual free withdrawals and skip the cumbersome network fees of regular transfers. The [Kraken app](https://www.kraken.com/)'s fee structure includes a maker and taker fee and a spread. For instance, the Bitcoin trading fee is 0.16% for the maker and 0.26% for the taker. 

## Best crypto app UK conclusion 

Once you choose the best crypto app UK according to your needs, starting to invest in cryptocurrencies ceases to become rocket science. 

However, since cryptocurrencies are a new niche in finance, crypto is still volatile, and, as a result, the rule of thumb is always to invest as much as you're comfortable losing if things go south and learn as much as you can about crypto trading. 

  

Choosing the Best Crypto App for UK Beginners

As the global economy becomes increasingly digital, the need for seamless and secure gateways for cross-border payments is rising. Cryptocurrencies have proved a viable alternative to traditional methods, yet the need for a platform connecting crypto with fiat remains. Alchemy Pay is a solution that has been gaining traction in the crypto space. 

It is a convenient payment solution that offers a secure path for crypto/fiat transfers. The platform connects the traditional financial system with the crypto world. In fact, Alchemy Pay news has been making headlines due to its partnerships with various crypto and financial firms, cementing its position as a leader in the space by offering a seamless payment solution. 

## What is Alchemy Pay? 

[Alchemy Pay](https://alchemypay.org/), a payment service provider that simplifies crypto to fiat and vice-versa transfers, focuses on providing a fast, secure, and convenient gateway for global consumers and sellers. The platform is designed to promote the use of Web3 and blockchain products and services. 

It is a Singapore-based firm founded in 2018. It offers services in more than 170 countries and supports 300+ payment channels. It also provides access to all types of cryptocurrencies and supports over 50 fiat currencies. 

The platform aims to shape a digital financial system that eliminates barriers for all global users. It is built to empower the masses financially and offer a dependable payment system. It also ensures transparency and is viable for both individuals and enterprises.  

## What does Alchemy Pay offer? 

The hybrid payment system offers services to various types of users. It can facilitate individual users, small businesses, large enterprises, or institutions. Here are some benefits the platform can offer: 

#### Facilities B2B and B2C payments 

The payment solution can facilitate business-to-business (B2B) or business-to-consumer (B2C) transactions. The good thing about the platform is that it supports crypto-fiat payments. As a result, many e-commerce platforms, SaaS businesses, and various other businesses may opt for this payment solution. 

#### Allows crypto investment 

Since Alchemy Pay supports a range of cryptocurrencies, it allows its customers to invest in crypto. Individuals and institutions like banks or asset management firms can use its services for [crypto investments](/news/article/crypto-invest-strategy). It can play the role of a broker to facilitate the fiat to crypto or vice versa exchanges.  

#### Simplifies day-to-day purchasing 

You can also acquire the services of the ACH platform for personal finance. You can use it to buy different goods and services. You can also manage your crypto assets through the platform. It allows you to hold, stake, or [trade crypto](/news/article/how-does-crypto-trading-work) at your convenience. 

## What’s an ACH token? 

Alchemy Pay is a hybrid payment system that introduces its own token, ACH. The token is an ERC-20 and BEP-20 that engines the entire ecosystem of the platform. The ACH tokens are pre-mined with a total supply of 10,000,000,000. Out of the total supply, around 5,082,155,932 ACHs are circulating in the market. 

The [smart contract](/news/article/smart-contracts-blockchain) for ACH coins is deployed to create an infrastructure that supports easy transactions between crypto and fiat. It can support a wide range of audiences, including individuals, institutions, and businesses. 

According to [CoinMarketCap](https://coinmarketcap.com/currencies/alchemy-pay/), an ACH token is currently worth $0.0372, with a total [market capitalisation](/news/article/what-is-market-cap-cryptocurrency) of $176,327,968. In the past 24 hours, the trading volume for the asset has been $78,230,553.  

The token made its all-time high value of $0.197 in August 2021. ACH’s price is currently down by more than 80% from its all-time high value.  

## Alchemy Pay partnerships with major crypto firms 

In the last couple of years, Alchemy Pay has secured partnerships with various crypto exchanges, payment channels, on and off-ramps, and e-commerce firms for offering crypto payments. 

Here are some of the prominent partnerships that the ACH secured: 

#### Facilitates payment between Shopify and Binance 

One of the largest e-commerce platforms, Shopify, has integrated the Alchemy Pay plugin. It allows Shopify stores to offer a crypto payment channel to their customers. Besides, Binance Pay also supports the ACH payment solution. It will enable Binance Pay users to make peer-to-peer (P2P) cryptocurrency transactions seamlessly. 

Due to the support for Alchemy Pay, Binance Pay users can also make payments on Shopify via cryptocurrencies.  

#### Mastercard and Visa crypto cards 

Alchemy also offers virtual [crypto credit cards](/news/article/cryptocard-choices-which-one-for-you) with Mastercard and Visa support. These cards enable users to make payments in crypto tokens. They are compatible with more than 50 cryptocurrencies, including popular options like [BTC](/coins/btc) and [ETH](/coins/eth).  

####  Fiat on-ramps for Polygon 

The Hybrid payment solution is also available on one of the most popular layer 2 solutions, [Polygon](/news/article/polygon-crypto). ACH platform offers fiat on-ramps to the Polygon network. It enables users to pay directly for DeFi products or services in fiat currencies. The platform has embedded fiat on-ramps across its ecosystem. 

####  Listed on popular exchanges 

Apart from the platform’s different payment options, the ACH token is available on various popular exchanges, including Binance, Coinbase, Kraken, [Crypto.com](/news/article/nft-crypto-com), Gate.io, Kucoin, Huobi Global, [Uniswap](/news/article/uniswap-price-prediction-2025), [Bybit](/news/article/bybit-uk), and several others. 

#### Various cross-chain integrations 

The payment solution is integrated with multiple blockchain networks. Alchemy Pay news today suggests it is currently available on the Algorand blockchain, NIUM, [Avalanche](/news/article/avalanche-bridging), IoTeX, MakerDAO, and numerous other blockchains.     

## Alchemy Pay price prediction 

According to insights from [CoinCodex](https://coincodex.com/crypto/alchemy-pay/price-prediction/), the ACH token shows bullish sentiments. The current market has ‘buy’ to ‘strong buy’ signals. Moreover, the data suggest that the ACH price may increase by over 102% later in March. 

 ![alchemy pay price prediction chart](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_15_15_19_b1adb0498d.png)


Source: [CoinCodex ](https://coincodex.com/crypto/alchemy-pay/price-prediction/)

Meanwhile, ACH's current price is higher than its 50-day and 200-day simple moving averages (SMA). The current 200-day SMA is around $0.014, but it is expected to increase. Data suggest that the 200-day SMA will likely cross the $0.02 in April 2023. The 50-day SMA is expected to reach the $0.055 mark. 

## What will Alchemy Pay be worth in 2030? 

According to various forecasts, the ACH coin will grow tremendously over the next few years. [PricePrediction.net](https://priceprediction.net/en/price-prediction/alchemy-pay) indicates that the coin’s value may average $0.079 in 2025. Five years later, in 2030, Alchemy’s worth may reach $0.5.   

## Will Alchemy Pay reach $1? 

It is highly unlikely that the ACH token will reach the $1 mark anytime soon. Although the coin suggests bullish signals, it would need consistent long-term growth for that. The forecast from [PricePrediction.net](https://priceprediction.net/en/price-prediction/alchemy-pay) indicates that ACH may hit $1 in 2032. 

## Is Alchemy Pay a good investment? 

Alchemy Pay is a growing hybrid payment solution for fiat/crypto transactions. The platform promotes blockchain-based transaction systems, which allow easy integrations with multiple blockchains and payment methods. It is also trusted by numerous big players like Binance and Shopify. As a result, its crypto, ACH, shows good potential as an investment. 

Currently, the market is bullish for Alchemy’s token, as forecasts suggest gains of around 102% in March. The market sentiment for the token is also positive, which means now can be an ideal time to invest in the ACH coin. Nonetheless, it is advisable to note that all cryptocurrencies are extremely volatile assets; therefore, conducting your research before making any financial decision is crucial. 


alchemy pay logo on image of credit cards

Alchemy Pay: A Crypto-Fiat Payment Platform

An adult entertainment platform, SpankChain, is closing down its [crypto payment](/news/article/layer-2-growth) system, SpankPay.

SpankChain is an Ethereum-based company that lost its payment service provider, Wyre, last month. Since then, it has failed to find an alternative. 

On 16 February, SpankPay [announced](https://twitter.com/SpankPay/status/1625950540105682944) that its crypto custodian and banking partner, Wyre, had terminated their agreement. The platform ceased to provide settlement services to SpankChain effective from 13 February. The service provider cited "violations of any third-party payment processor or network rules" for the termination of the agreement. 

## A “targeted shutdown” of SpankPay

On 20 March, SpankPay announced that it would shut down its operations. The platform disclosed in a [Twitter thread](https://twitter.com/SpankPay/status/1637895544373739520) that it was a “targeted shutdown by Wyre". The settlement processor revealed that its crypto custodian's new money-transferring system "doesn't work with adult businesses".

According to SpankPay’s tweet, its previous crypto payment partner did not disclose this. The tweet said the move was "a shock" as the relationship with Wyre had been "supportive and respectful up until now".

Since the termination of the agreement in mid-February, the finance system has been looking for new payment processors. However, its efforts have been in vain as no other service providers agreed to collaborate.

According to SpankPay’s statement, most options it explored refused to work with it because of its affiliation with the adult entertainment industry.

Furthermore, it referred to the "hostile banking environment" for closing down operations. The Twitter thread said that operating in a hostile banking environment had "always been challenging", but that "escalating attacks have become untenable".

However, it has ensured users that their funds will be safe with the service.

SpankChain is an adult content platform based on the [Ethereum blockchain](/news/article/ethereum-price-today-fall). It offered adult content creators a platform where they could operate with dealing with traditional banks. The platform introduced its own settlement system to facilitate its audience.


red image of person closing business with spankpay logo

SpankPay Crypto Payment Service Shuts Down

Traditional financial service companies and startups have noticed that cryptocurrency is becoming a valuable investment asset and getting bigger. To attract new users with crypto, they've introduced a new type of cryptocard with great flexibility and security features. Here's what you need to know.

## What is a prepaid cryptocard?

Also known as a crypto debit card, a [prepaid cryptocard](https://www.mastercard.com/global/en/business/issuers/crypto/card-program.html) is a card that takes funds from a user’s crypto account. The card is topped up using crypto from an individual’s or cryptocurrency exchange accounts. Crypto debit cards allow users to spend their crypto funds instantly without moving money around. 

Before their introduction, crypto holders intending to spend their assets had first to convert them from crypto exchanges and have them wired to their accounts, a process that would take hours or several days.

A prepaid cryptocard can be used for in-person and online purchases and cash withdrawals from ATMs, including from ATMs and vendors that don't traditionally accept cryptocurrencies. Cardholders no longer need to exchange their digital assets for any local currency. Once preload their crypto debit card with a given amount of cryptocurrency, it automatically and instantly converts during a transaction. 

## Crypto credit vs. debit cards

Unlike a crypto debit card tied to your account and drawing directly from your crypto holdings, a crypto credit card functions like a short-term loan. [The card](/news/article/nexo-card-or-binance-card) provider allows you to use their funds, to a specific limit, based on your credit history. Typically, the card provider is responsible for servicing your account, accepting your payments, billing you for purchases, and all other administrative tasks. Your responsibility is to make timely payments to continue enjoying the service.

## Should you acquire a prepaid cryptocard?

As knowledge about cryptocurrencies and digital assets rises remarkably, more financial service providers are hitting the market with [cryptocurrency cards](/news/article/best-crypto-card-uk), most of which incorporate rewards they pay out in crypto. The best thing about crypto rewards is that, unlike other reward points programs such as those offered by airlines and some stores, the value of crypto rewards can appreciate. If you believe in cryptocurrencies, a crypto debit card from a trusted provider is generally a good idea.


blue image of person paying at till with cryptocard

Cryptocard Choices: Which One for You?

[POLi Payments](https://www.polipayments.com/index.html) is an online payment system that provides customers with a secure and convenient payment method, and allows them to buy cryptocurrencies, including Bitcoin.

This payment system is a subsidiary of Australia Post, one of the world's largest postal services. The company has been operating since 2010 and is headquartered in Melbourne, Australia.

The platform enables users to purchase [Bitcoin](/news/article/bitcoin-fear-and-greed-index) or crypto using POLi deposits through trusted exchanges regulated in Australia by AUSTRAC. It employs a direct connection to the user's bank account, meaning there is no need to provide credit card details when making a payment. The only requirement is the user's internet banking login details.

Once the user has logged into their bank account via the POLi platform, they can select the amount of money they want to transfer. The funds are transferred immediately from the user's bank account to the merchant's account.

## How to buy Bitcoin with POLi Payments

In Australia, it is advisable to purchase Bitcoin or other cryptocurrencies using POLi through a broker registered with AUSTRAC (the Australian Transaction Reports and Analysis Centre) and regulated by ASIC (the Australian Securities and Investments Commission).

[eToro](/news/article/etoro-uk-review) is a trusted multi-asset investing platform that meets these requirements, offering a broad range of more than 70 cryptocurrencies. The platform is ideal to buy Bitcoin with POLi. Below is the step-by-step process:

•	Step 1: Register an account with [eToro](/news/article/etoro-fees) and complete the verification process, whether for personal or company use.

•	Step 2: Input the desired amount in AUD that you wish to deposit on the eToro platform.

•	Step 3: Log in to your bank account via the POLi platform and deposit your preferred fiat currency.

•	Step 4: Locate the cryptocurrency you wish to purchase and execute your trade.

## Is the payment platform safe?

The platform provides a secure and reliable online payment system to safeguard your personal and financial information. The company employs cutting-edge security protocols such as 128-bit SSL encryption to ensure the safety of your data. 

Furthermore, your transactions are processed through a secure connection to your bank, and your bank login details are never stored on the server. This makes it an ideal option for online payments, particularly if you do not possess a credit card or do not wish to use one for online transactions.

## Bottom line

POLi Payments is a reliable and efficient option for individuals purchasing cryptocurrencies such as Bitcoin in [Australia](/news/article/australia-crypto-regulation). This payment method is characterized by its fast, secure, and user-friendly process. Using POLi deposits, customers can securely buy digital assets through the eToro exchange at low transaction costs.

For those searching for a viable alternative to traditional payment methods when acquiring cryptocurrencies within Australia, POLi payments could be the ideal solution.


How to Buy Bitcoin with POLi

Visa Bitcoin debit cards allow users to withdraw cash from ATMs or make purchases using Bitcoin, even if the merchants or ATMs do not accept cryptocurrency directly.

The cardholder preloads their debit card with a certain amount of crypto coins, which are then converted to the local currency at the time of the transaction, eliminating the need for exchanging cryptocurrencies.

## Top 5 Visa Bitcoin Debit Cards

1. Coinbase
Coinbase is a highly recommended option for a [Bitcoin debit card](https://www.investopedia.com/best-bitcoin-debit-cards-5114761#:~:text=supports%2015+%20currencies-,Overview,as%20the%20best%20for%20cashback.). It can be used at any location that accepts Visa, supports multiple cryptocurrencies, and has solid security measures.

It allows users to make purchases and withdraw cash from ATMs worldwide using cryptocurrency stored in their Coinbase wallet without the need to maintain a balance in fiat currency. It has added security and convenience features, including a mobile wallet app, two-factor authentication, instant card freeze, and spending tracking.

2. Blockcard
Blockcard offers competitive pricing, with a $10 activation fee and a $5 monthly administrative fee (waived if non-cash transactions exceed $750 per month). It also has no deposit, exchange, or withdrawal fees and a low cost of $3 for domestic ATM cash withdrawals ($3.50 for international withdrawals).

To use Blockcard, users must acquire Ternio's native token, TERN, using USD or other [cryptocurrencies](/news/article/the-future-of-crypto-in-the-next-5-years), which are then converted to fiat currency at the time of purchase. It supports more than 14 cryptocurrencies and offers up to 6.38% back in cryptocurrency.

3. Wirex
Wirex offers numerous benefits for its cardholders, including cashback of up to 8%, complimentary withdrawals from ATMs, and the potential to earn interest on fiat and cryptocurrencies. 

Wirex Visa card offers no fees for standard delivery, maintenance, or reissue and free ATM withdrawals up to $400/month. They also have a new [X-Accounts](https://community.wirexapp.com/t/faqs-x-accounts/23302) feature that allows users to earn up to 16% interest on fiat and up to 10% on BTC and ETH.

4. BlockFi
If you're searching for a Bitcoin credit card with a high cash back rate, BlockFi may be a good option with 1.5% cash back, increasing to 2% after reaching $30,000 in annual spending.

[BlockFi](/news/article/blockfi-withdrawals-could-resume) launched the first Visa Bitcoin credit card in July 2021. It offers 1.5% cash back per purchase in Bitcoin with bonus Bitcoin rewards, making it an attractive option for cash back. Unlike other cards, it does not draw on the cardholder's Bitcoin holdings.

In addition to its cashback program, BlockFi provides incentives such as 0.25% back in Bitcoin for eligible trades (capped at $500 per month) and a $10 Bitcoin reward for each successfully referred client.

5. Crypto.com
If you want a card that can handle a variety of cryptocurrencies, then a Crypto.com card is a great choice. It supports more than 80 cryptocurrencies and over 20 fiat currencies. Crypto.com's Ruby Steel card, their most popular and budget-friendly option, offers 1% cash back on every purchase, a yearly Spotify subscription refund, and no ATM withdrawal fees for up to $400 per month.

Customers who are hesitant to spend $400 on a Visa card can opt for Crypto.com's Midnight Blue card, which offers no ATM fees for withdrawals up to $200 per month.


Visa Bitcoin Debit Card Review 

[Payeer](https://payeer.com/en/) was founded in 2012 as an e-wallet that enables users to receive money and shop online instantly without linking their external financial details, such as bank accounts, to their accounts.

Users in more than 200 countries can access it. Many people have taken to the idea of using the wallet because, like competitors such as PayPal, Neteller, and Skrill, it has a built-in payment exchange for systems such as VISA, Mastercard, Epay, QIWI, Advcash, and PerfectMoney.

## Payeer can be integrated with websites 

One of the reasons why millions are using the Payeer wallet is due to its numerous features. Like competitor wallets, individuals or organizations can integrate the service with their websites so that they can send, exchange, or accept fiat and cryptocurrency on their platforms. 

Some of the fiat currencies available to account holders include, but are not limited to, the US Dollar (USD), Euro (EUR), and Rouble (RUB). Cryptocurrencies accepted include [Bitcoin](/news/article/will-bitcoin-go-back-up) (BTC), [Ethereum](/news/article/why-is-ethereum-going-down) (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dash (DASH), Tether (USDT), Ripple (XRP), Dogecoin (DOGE), and TRON (TRX). 

Due to the advancement in technology, users of smartphones and devices supported by iOS and Android can access the Payeer application. The app can be found on the Apple and Google Play Store. 

## Conclusion

With many wallets being created daily to meet the demand for intermediaries that can be used to access other financial opportunities, this wallet is one of the most promising.

While users can enjoy the benefits of a cryptocurrency exchange, they can also utilize it as a multicurrency account and issue instant payments, as well as transfers, without entering passwords.

More importantly, you should know that you are joining a large number of people contributing to the current revolution of the whole centralized financial systems should you become a wallet holder.


What is Payeer and Why are People Using It?

The need for alternative forms of payment has never been greater. The rise of Web3 payment solutions, like Kasta crypto, proves this need is more than just a passing trend.

The Web3 payment provider Kasta was developed to expedite the adoption of decentralisation while providing a viable medium of digital exchange.

Built on the Polygon network, Kasta crypto is an [ERC-20](https://en.wikipedia.org/wiki/Ethereum#ERC20) token allowing holders to send and receive the same coins instantly and for free. This simplicity and ease of use will make the platform a hit in the digital revolution.

## Simple yet powerful

The project has been designed with simplicity in mind, making the transfer of digital assets safe and convenient. Holders can send tokens via mobile number or by simply scanning the QR code. Using crypto has never been easier.

At its core, the project is a basic wallet application with various features encouraging everyday use. This accessibility means anyone can quickly learn to use the platform for their own benefit.

The application is a powerful all-in-one wallet allowing even the most novice crypto users to enter the Web3 world. While the platform only supports eight coins so far, they include some of the most popular tokens on the market.

## Easy Swap

The platform's native token is the [$KASTA coin](https://coinmarketcap.com/currencies/kasta/markets/) which is currently available at a wide variety of exchanges, including Gate.io, UniSwap, and ByBit.
With a current circulating supply of 129 million priced at $0.0266 per coin, the total market cap is $3.4 million.

The 'Easy Swap Engine' allows holders to choose which token to receive, regardless of the coin sent. For example, should a friend send Bitcoin, you can simply change your settings to ensure that all crypto is received in Ethereum.

Kasta crypto token forms the backbone of the application, and, alongside P2P payments, it will soon be used for several other purposes.

## Future of Kasta

This project is a shining example of a P2P payment processor and is leading the way in blockchain adoption and Web3 development. The company has ambitious plans for the future, with many features currently in the pipeline. 

In the near term, users will be able to earn passive income by taking advantage of various yield-generating opportunities via the mobile app. Furthermore, platform users will also be able to apply for a debit card, allowing them to spend their crypto holdings in a wide variety of merchant stores. 

Lastly, all application users will be able to choose to stake their idle crypto and earn passive income.

With countries like Nigeria pushing their citizens to adopt [distributed solutions](/news/article/paybis-rewards-customers), the future of cross-border payments is about to change. Applications like Kasta crypto are at the cutting edge of the decentralised revolution and will form the backbone of the future society.


Kasta Crypto - Changing Thinking on Money

[Nexo](https://nexo.io/) is a blockchain-based ecosystem providing instant crypto loans, supporting more than 20 currencies, including the most prominent like Bitcoin and Ethereum. The platform promotes the seamless acquisition of crypto loans in fiat money without relying on credit score history. It allows users to deposit supported crypto tokens into its blockchain's wallets and then proceed to receive their cash-based loans.

## Next crypto legitimacy

To its credit, Nexo is backed by Credissimo, a fintech team with millions of users and customers. The development team possesses decades of rich experience built on delivering instant customer loans, online payment services, and e-commerce financing. Credissimo seeks to revolve its functionality in digital assets through its modern technology. 

While other projects get stuck battling the scrutiny of regulatory bodies and solid public caution, Nexo crypto is free of worries. The Credissimo team runs under bold supervision from multiple European financial and banking services authorities. It's undoubtedly a legit platform with over four million clients.

## Goals in the crypto world

The base ambition driving the Nexo crypto project is to solve the most pressing problems identified by its developers in the financial industry.

Nexo wants to eliminate the idle state of digital assets, particularly with the proliferation of cryptos. As the mainstreaming of cryptocurrencies is ongoing, early adopters of this technology have accumulated enormous wealth. The developers are looking to touch base with investors, people in business, and non-professional users to let them tap into this wealth. Due to a lack of regulations and inadequate tech infrastructure, the accumulated idle wealth isn't beneficial. With Nexo, users hold crypto assets and secure access to cash in fiat currencies like USD.

Liquidating digital assets is tiresome and Nexo cuts down the process with readily available cash. While there are numerous crypto exchanges, each platform comes with unique requirements that vary drastically across these platforms. Furthermore, their withdrawal limits and slow procedures are unsuitable in a digital economy. Nexo seeks to eradicate these issues, giving more agility for seizing investment asset opportunities and accessing liquidity in less time.

Nexo frees users from the pressure of selling digital assets for fiat. Users profit from future prices tied to digital assets based on time. Crypto loans are an alternative to selling and allow users to keep capital gains while enacting wealth creation activity with their assets.

Fostering transparency and immutability on crypto loans, Nexo crypto loans are deployed on smart contracts in blockchain architecture. Users' funds are held in cold multi-signature wallets with verified custody standards through digital security companies; in this case, it's BitGo. In the preceding blockchain protocols' loan transactions, management was in the hands of peer-to-peer platforms relying on questionable legal agreements and often escalated to fraud. 

With Nexo, transactions' legal status is asserted by blockchain technology and further backed by the [Credissimo team](/news/article/what-is-blockchain).

## The Operation Model

Loans are channeled into users' accounts on the same day or the following through bank transfers involving SEPA, ACH, or SWIFT. If you opt for the instant ones, you get paired with the free Nexo card. The recipient's accounts are flexible – they can either be personal or business.

Loan limits are calculated basing the value of a user’s crypto assets. Moreover, additional credit is available with an appreciation of the assets.

Nexo Oracle, the heart of this platform, manages its operation domains which include the following:

•	Network governance.

•	Monitoring assets in real-time.

•	Analyzing data to manage loan distribution and repayment plans.

•	Determining users' loan limits, borrowing costs, collateral, and repayment period.

To establish clients’ credit worth without needing to check bank accounts’ ratings, Nexo Oracle calculates the Loan to Value (LTV) ratio. For instance, a user with 1000 USD in Bitcoin (BTC) gets assessed by Oracle’s algorithm to receive a 50% LTV ratio; the user can only borrow up to 1000 USD as the minimum fiat loan.

## Accessing and repaying Nexo crypto loans

### To get a loan, follow these steps:

1.	Transfer crypto assets into your Nexo account. After completion, the blockchain system initiates a series of validations for the specific asset. Based on the validity evaluation, Oracle determines your loan limit and prepares to issue it.

2.	You then receive an instant loan in fiat currency through your preferred option – a bank account or Nexo card. Again, you are given the freedom to choose which fiat currency to receive your loan. If your asset appreciates, Oracle increases your limit instantly.

3.	To repay your loan, you can choose between bank transfers and crypto. There would be additional discounts if you decided to repay using Nexo tokens. Alternatively, you can partially repay your loan by selling your account's crypto assets.

4.	Cryptocurrency in a Nexo crypto account can be withdrawn either fully or partially as long as you meet the obligatory limit tied to your account balance.

## Nexo crypto token availability

The native token for Nexo is NEXO, which is traded as a restricted security. Other perks include higher loan limits and a 30% profit share for holding NEXO. The total supply at the market cap is set to 1,000,000,000. It is available for trading on crypto exchanges like HitBTC.

## Final thoughts

As the crypto industry rises and sees mass adoption, crypto lending offers an opportunity for a trillion-dollar venture. If you want to unlock assets’ value without giving out ownership, Nexo is the best option.



What is Nexo Crypto?

Despite the downturn of the cryptocurrency market, there are still remarkable innovations. A recent one has come to light in a [blog post](https://usa.visa.com/solutions/crypto/auto-payments-for-self-custodial-wallets.html) written by Visa crypto thought leaders. In the blog post, they outlined a proposal for a Visa crypto wallet powered by the Ethereum blockchain for Web3 auto payments.

Users could automatically pay for transactions without signing off on each one individually.

This proposed solution was based on a February internal hackathon among Visa employees aimed at solving the problem of how an Ether owner can pay bills with cryptocurrency in the future without an internet connection. 

The proposal for the Visa crypto wallet comes at a much-needed time due to the loss of investor's confidence in cryptocurrency caused by situations including the downfall of [Luna](/news/article/terra-luna-collapse) and, more recently, [FTX](/news/article/ftx-bankrupt-who-to-blame), the second biggest exchange leading to losses worth billions of dollars in customer funds. The crypto wallet proposed by Visa would use the "Account Abstraction" process proposed by Vitalik Buterin, the founder of Ethereum, in 2015.

## How does account abstraction fit into Visa's vision?

[Account abstraction](https://eips.ethereum.org/EIPS/eip-2938) refers to converting a smart contract into a wallet, also known as "delegable wallets". It was formalized in 2017 as an Ethereum improvement proposal (EIP-86). To realize the concept of an AA-based self-custody wallet or delegable account, the Visa team proposes that user accounts function like smart contracts. This would allow people to schedule transactions automatically and without the involvement of a central entity.

"This application could allow a user to set up a programmable payment instruction that can push funds automatically from one self-custodial wallet account to another at recurring intervals, without requiring the user's active participation each time," the blog post said.

The team has begun work on the Visa crypto wallet, claiming it has successfully created delegable accounts on a private chain using Starknet. This Layer 2 scaling solution supports the account abstraction concept.



Visa Crypto Wallet Plans Outlined

[COTI Pay](https://coti.io/coti-pay) is a revolutionary payments platform built on [COTI (COTI)](/news/article/what-is-coti-crypto), enabling users to engage in both traditional and decentralised finance (DeFi). COTI is a layer-1 [blockchain](/news/article/what-is-blockchain) that has developed a state-of-the-art consensus algorithm, called Proof of Trust (PoT). Compared to consensus mechanisms like Proof of Stake (PoS) and Proof of Work (PoW), PoT may lower transaction costs and enhance throughput to as much as 100,000 TPS!

Hence, the platform represents a breakthrough in digital financing and payments, powering low-cost and instant settlements and financing options, easy transactions, and acceptance of all payment methods (both online and offline). A culmination of these features results in the platform serving at the helm of a [borderless global economy](/news/article/russia-approves-cross-border-crypto). Here is why the payments platform truly stands out:

## COTI Pay consumer benefits

•	Rapid and secure payments.

•	Cashback rewards and loyalty points.

•	Prepaid virtual debit card availability.

•	Protection for buyer-seller transactions.

•	Users may buy cryptocurrencies using credit cards.

## COTI Pay merchant benefits

•	Immediate settlements.

•	[Low transaction costs](/news/article/layer-2-growth).

•	Availability of financing options.

•	High-interest earnings on balances.

•	No FX fees.

•	Protection for buyer-seller transactions.

•	Loyalty programmes and white-labelled coins.

•	SDK packages and plugins.

•	Wide support for both the banked and unbanked.

## Setting up your COTI Pay VIPER wallet

Opening and setting up an account is fairly straightforward and I recommend following [this step-by-step guide](https://cotinetwork.medium.com/how-to-open-and-set-up-your-coti-pay-viper-wallet-ac23c558f0e7). In a nutshell, here are the steps you must follow:

•	Open a COTI Payment System (CPS) account.

1.	Sign up.
2.	Verify your email address and enter your personal information.
3.	Verify your account.

•	Log in to your CPS account.

1.	Set your Secret Key.
2.	A Seed phrase will be generated. Note down and secure it.
3.	Log in to your wallet using either the Secret Key or Seed phrase.

•	All done! You can now generate a wallet address (as many as you require) and maintain all wallet addresses by accessing your Address Book.

## COTI Pay marries traditional and decentralised finance

Note, the goal of the payments protocol is NOT to eliminate traditional finance (TradFi), but enhance it by marrying the best of DeFi to TradFi. Hence, the payments protocol enables users to enjoy the best of both worlds.


blue image of crypto altcoins with coti logo

COTI Pay and Why You Should Consider IT 

The US fintech company [ZELF](https://zelf.co/) has launched a new Visa debit card that gives users a [crypto payment option](/news/article/best-crypto-card-uk) with anonymity.

The newly unveiled card can be used at more than 80 million Visa locations around the globe.

It also allows users to open a USD checking account easily. It only requires your name, phone number, and email address. As a result of this, users don't have the hassle of providing a long list of documents. You can create accounts without providing proof of address or social security number (SSN).

![zelf.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/zelf_9aa5caf3db.png)
 
ZELF’s virtual debit card is compatible with both [Google Pay](https://pay.google.com/) and [Apple Pay](https://www.apple.com/apple-pay/). The company claims that users can open an account within 30 seconds. They can also recharge the cards with both fiat and crypto. In cryptocurrencies, the currently available options include [Ether](/coins/eth), [USD Coin](/coins/usdc), and [Tether](/coins/usdt). However, users will likely have more than 20 other tokens in the coming years.

## ZELF and Visa collaboration

[Visa](https://usa.visa.com/) is one of the leading digital payment networks. Recently, it has been active in the fintech field and partnered with several firms. It has worked with many famous names in the industry, such as Chime, Airwallex, Finaxar, and others, to introduce innovative financial products.

Now, it has collaborated with ZELF - Bank of the Metaverse for this anonymous debit card. With the launch of this product, both companies are looking to provide a private and secure channel for [crypto payments](/news/article/blockonomics-explained). 

They have also reduced the verification requirements to promote digital asset adoption. The product is likely to attract new audiences and make crypto transactions more accessible for them.

The Chief Executive and Founder of ZELF, Elliot Goykhman, also believes that they can reach a "global unbanked population" because of lesser verification requirements. It will give them access to innovative and advanced financial services.


visa debit card and zelf fintech logo in blue and black

ZELF Launches Crypto-enabled Debit Cards

Blockonomics

Blockonomics has gradually become synonymous with the use of [cryptocurrencies](/news/article/impact-of-cryptocurrency-on-society) in electronic commerce (e-commerce) stores. Millions of people in today's world are open to the use of cryptocurrencies due to the possibilities of their underlying infrastructure in the form of blockchain technology. Unfortunately, many mainstream companies have yet to welcome the potential of cryptocurrencies, continuing to see cracks in the emerging asset class. 

To those still skeptical about e-commerce companies that support cryptocurrencies, Blockonomics has entered the crypto finance industry. It has the essential features to make decentralized finance transactions relatively easier for businesses and their customers.

## Blockonomics explained

As a Bitcoin payment service, [Blockonomics](https://www.blockonomics.co/merchants#/) enables its users to use its tools to accept and track Bitcoin payments. The service was launched in December 2014 when its Bitcoin wallet watcher was made available to the Bitcoin Talk Community.

Due to the project's uniqueness, around 5,000 people became registered users of the platform in January 2017. To bring mileage to the project, Blockonomics co-sponsored WordCamp Prague 2020 and saw more than 4,000 active WordPress installations. After overcoming the bears brought forth by the pandemic, which led the financial markets to their knees, the organization announced PrestaShop, an open-source e-commerce platform, as its official partner in April 2021. In July 2022, when the crypto market was healing from the bloodbath created by the collapse of the Terra ecosystem, Blockonomics became the most rated and used Bitcoin WHMCS plugin.  

The company is attuned to the current developments in the job environment and has a fully remote team distributed across several locations in Asia, Europe, and North America. 

As a payment gateway, Blockonomics has the necessary plugins that could be employed by online merchants that want to activate Bitcoin payments on their websites. Online merchants that settle on Blockonomics will see payments go directly to their wallets.

Due to the company's strong belief in decentralization, it has freed its clients from the essential element in centralized finance called Know Your Customer (KYC). The firm does not demand any documents from its customers, since the essence of blockchain technology, cryptocurrency, and Web3 is to decentralize all aspects of our lives. With no document reviews, online merchants set up accounts in less than five minutes using the company's technology.

Merchants can accept Bitcoin by connecting their accounts to popular e-commerce services such as Easy Digital Downloads, Prestashop, Opencart, Squarespace, Shopify, WordPress, WIX, and WHMCS. 

According to the official website of Blockonomics, payment links can be shared through email, social networks, and instant messaging to receive payment in Bitcoin. In addition, payment buttons can also be embedded on custom websites. 

## Does Blockonomics accept other cryptocurrencies?

Aside from the largest cryptocurrency exchange by trading volume in the form of BTC, the firm allows merchants to accept Bitcoin Cash (BCH). BCH is the native asset of Bitcoin Cash, a blockchain forked out of the original Bitcoin blockchain. BCH is primarily seen as the digital asset that performs the transactional attributes of [Bitcoin](/news/article/bitcoin-prime-review), while BTC is seen by many as a store of value. 

BCH remains a top 30 digital asset by market value despite shedding more than 90% of its all-time high (ATH) of [$4,355.62](https://coinmarketcap.com/currencies/bitcoin-cash/) in December 2017. Many people may ask why BCH was chosen ahead of others, such as Ethereum, and it's because BCH processes more transactions than BTC and ETH. ETH will be processing more transactions when its Proof-of-Stake (PoS) transition reaches full functionality. Also, BCH has a relatively lower processing (transaction) fee.

To contribute to the mission of Satoshi Nakamoto in reducing the reliance on centralized finance, Blockonomics does not charge fees for the first 20 payments received by merchants. After the 20th payment clears, the Bitcoin payment gateway charges a 1% fee for each transaction.

## Are there alternatives to Blockonomics? 

Like every product in the market today, this service has many competitors. Among them, Coinbase Commerce by Coinbase Global Inc., which runs the largest cryptocurrency exchange by trading volume in the US, is one of the biggest competitors.

This is because Coinbase Commerce is backed by a crypto exchange that houses many cryptocurrencies, giving customers options in crypto assets from which to choose. Aside from Coinbase, other alternatives include, but are not limited to, UberPay Multicoin Wallet, CoinGate, Coinomi, Mycelium Gear, Cryptopay, GoUril.io, GoCoin, OpenNode, Paytomat wallet, Plisio, Stampery, Flyp.me, Bitcompare, B2BinPay, CoinRemitter, PrivacyGate, WAGSI, Binocs, Payid19, Sendfy, and Confirmo. 

## Conclusion

Although Blockonomics may not be the best Bitcoin payment gateway in the current crypto environment, where more projects are added to the industry daily, it is one of the top gateways.

Online merchants do not have to deal with any middlemen, and there are no rules, regulations, or compliance requirements. Aside from that, even novice merchants can set up an account within minutes. The service also supports most wallets that can facilitate access to the Bitcoin network and store [BTC](/coins/btc), such as Ledger, Trezor, and Exodus.

Blockonomics operates within areas where malicious programs continue to prey on vulnerable applications. As a result, the company has the necessary security encryptions to safeguard the safety of transactions.


Blockonomics Explained

Although Bitcoin has not been officially recognized as legal cash in Brazil, the country has enacted a law recognizing crypto as a valid payment method across the country, providing a regulatory boost to the growth of the digital currency industry.

The regulatory framework established by the Chamber of Deputies in Brazil makes it possible to utilize cryptocurrencies as legal tender. [Signed under the code PL 4401/2021](https://news.yahoo.com/brazil-legalizes-crypto-method-payment-042930754.html), the legislation expands the meaning of "payment agreements" to include virtual currencies and airline frequent flyer incentives (the popular "miles").

## Brazil crypto acceptance

Legislation approving cryptocurrency payments for goods and services, but stopping short of making them legal tender, has already passed both houses of parliament and only needs to be signed by the President of the Republic to become law.

When it comes to Bitcoin regulation and investor adoption, Brazil has made significant strides. As well as having the largest number of cryptocurrency exchange-traded funds (ETFs) in Latin America, most of the country's main banks and brokers also provide services related to cryptocurrency investments, such as custody or token offerings. One of Brazil's major private banks, Ita, is also looking into the possibility of tokenizing assets as part of a future suite of investor services.

Only tokens classified as securities fall within the jurisdictions of the CVM, Brazil's counterpart to the SEC. 

After the law goes into effect, it will be up to the executive arm of government (the president and its ministers) to decide the body or institution in charge of regulating the situation. The country's Central Bank and the CVM have been the primary public agencies active in the area thus far.

The Brazil crypto law also regulates the provision of services related to the custody and administration of cryptocurrencies by independent third parties, such as Bitcoin trading platforms. Although the law does not address the issue of a digital currency by the country's central bank, significant progress has been achieved in this area.

A crucial part of the Brazil crypto rules is that service providers must keep their own money separate from their customers' money [to avoid a repeat of the FTX case](/news/article/ftx-exchange-under-investigation), in which the exchange is accused of utilizing its customers' money for its financial operations.


Brazil Crypto Acceptance Official

Vladimir Putin, President of Russia, talking at the International AI Journey Conference in Moscow on 24 November, criticised the monopoly in global financial payment systems and [advocated](http://en.kremlin.ru/events/president/news/69927) for an independent, blockchain-based settlement network. Sberbank, Russia's largest bank and a primary lender to the government, hosted the event.

## Putin aims to introduce new blockchain payment

Putin thinks that digital currencies and [blockchain](/news/category/blockchain-news) technology could be used to create a new international settlements system that is more convenient, safe for its users, and, most importantly, does not rely on banks or third-party meddling. He believes that something comparable will grow and evolve since no one likes monopolists' control, which damages all parties, even the monopolists themselves.

## Why Putin believes the new blockchain payment is the way forward

Putin also warned that global payments and nations are in jeopardy because of strained links between the West and Russia in the aftermath of Ukraine's invasion, labelling national sanctions as unlawful limits.

According to Putin, the current international payment system is expensive, and a small number of states and financial firms control its account system and regulation forms.

## Lawmakers in talks to change rules concerning blockchain payments

The day before Putin's speech, local media reported that officials were discussing modifying current cryptocurrency legislation to create a legal foundation for a nationwide exchange.

Another recent event was the introduction on 17 November of a bill into Russia's State Duma, the lower house of parliament. It authorises cryptocurrency mining and the selling of the cryptocurrency created.

The measure defines mining and mining pools legally and would establish a local cryptocurrency market, marking Russia's next move toward integrating digital assets into its economy.

Anatoly Aksakov, Chairman of the Duma Financial Markets Committee, believes that the passing of the bill will bring this activity into the legal sphere and allow for the formation of a law enforcement practice on matters relating to the creation and circulation of digital currencies. In [Russia](/news/article/russia-approves-cross-border-crypto), users cannot use cryptocurrency for their respective settlements.


Putin's Blockchain Payment System

I am here to tell you about two famous crypto card offerings from [Nexo](https://nexo.io/) and [Binance](https://www.binance.com/en) and which one you should pick.

Crypto cards are becoming famous among people as there is a rapid growth of popularity in cryptocurrency. Now people have the option to purchase anything they like with cryptocurrencies. But what are crypto cards, you might wonder?

Crypto cards are just like any regular bank debit or credit card used to pay for goods or services and earn crypto cashback. These cards are issued by crypto exchange companies partnering with the card payment companies like Visa or Mastercard.

## Nexo card

Nexo was founded in 2018 by Antoni Trenchev and others and claims to manage $15 billion worth of assets. 

The card was launched on 13 April, 2022, by partnering with Mastercard. You can use this card like a credit card without selling your crypto assets stored in your account. To put it in simple words, Nexo gives you fiat money to spend on goods and services, but instead of converting your crypto balance to fiat, it uses them as security for you to pay later. The card is accepted in 92 million stores globally where Mastercard is authorized, enabling users to spend up to 90% of the value of their crypto holdings in currency.

## Additional Features of Nexo card:

•	You earn up to 2% rewards/cashback on every transaction or ATM withdrawal.

•	It is available with Android or IOS, where you can control the card's settings.

•	You can pay interest in Crypto or fiat money.

•	Credit interest starts with 0% APR.

![nexo 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/nexo_1_cf897ec697.png)
  
## Binance Card

[Binance](/news/article/guide-to-binance-uk), founded by Changpeng Zhao in 2017, is one of the largest cryptocurrency exchanges. The card was launched in early 2022 by partnering with Visa and offers a crypto debit card. Crypto debit card converts your crypto balance into merchant's currency in real-time when you buy any item. This means you need to have an adequate balance in your account wallet when using your card. Binance card is accepted in more than a 60+million stores worldwide. 

## Additional Features of Binance card:

•	You earn up to 8% BNB cashback on every transaction.

•	It is supported by Google Pay and Samsung Pay.

•	Lowest fees in the market.

•	Hold cryptocurrency and only exchange it when you swipe your card.

![nexo card 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/nexo_card_2_11326f3a3b.png)
  
Both crypto cards have various features depending upon the need. I hope this helps you to decide which one to choose.


Nexo Card or Binance Card?

Circle, the company behind the US dollar-pegged stablecoin USDC, has added support for Apple Pay to integrate cryptocurrencies and established payment methods.

The company announced the news in a [blog post](https://www.circle.com/blog/apple-pay-is-now-available-on-circle) published on 15 November that stated merchants who accept USDC can now do so with the help of Apple Pay.

The addition will benefit crypto-native businesses by making it easier to accept payments while not excluding non-crypto customers. Furthermore, Circle stated that "traditional" businesses could use the enhancement to "shift more retail payments to digital currency".

According to reports, [Apple](/news/article/apple-crypto-and-nft-rules) Pay is the second most popular digital wallet in the United States, behind PayPal, with more than 1.8 billion active devices worldwide.

## Issuer of stablecoin Circle adds Apple Pay

Circle and Apple's collaboration will benefit cryptocurrency-native businesses that were initially only concerned with digital assets.

This step will assist them in utilising Apple Pay's payment platform. It will also function as a payment gateway for fiat users interested in experimenting with cryptocurrency payments.

The issuer of [stablecoin](/news/article/what-are-stablecoins) Circle stated that enabling this new feature is a quick and easy process with no hassle.
Merchants who meet the criteria can open a free Circle account and be added to an Apple developer account.

## Circle's similar initiatives

Circle has taken similar initiatives to provide its customers with more payment options.

In June, issuer of stablecoin Circle added support for Polygon [USDC](/news/article/usdc-coin-losses) to its payments and treasury platform, allowing developers to automate flows from fiat into Polygon USDC and swap it for native USDC across various blockchain networks.

At Converge22 in September 2022, the company announced plans to launch [USDC on five new networks](/news/article/circle-usdc) by the end of Q1 2023.

They announced that additional merchant services would enable vendors to accept cryptocurrency payments such as Ethereum (ETH) and Bitcoin (BTC). Other features to reduce checkout friction and improve the overall payment experience are also planned.

The issuer of stablecoin Circle also hinted that there could be future improvements.


Stablecoin Issuer Circle Adds Apple Pay

When you first start investing in crypto, where do you even begin? Crypto cards are the answer to this question. These cards offer a convenient way to invest in top cryptos and get into the space at a low cost.

There are many crypto card services available in the market today, but not all of them are worth your time and money. Before you dive in and purchase any card, make sure that it meets certain criteria that make it stand out from the rest. In this article, we will explore some of the best places to buy cryptocurrency prepaid debit cards in the UK.

### 1. What are crypto cards and how do they work?

Crypto cards are a way to invest in top crypto currencies without spending much money. You can load the card with any amount of cryptocurrency and use it at digital stores around the world. These cards also offer tax-free investment opportunities as well.

This allows you to make purchases with your crypto that have tax-free benefits when you use them on your card. No matter where you go, you can use your crypto for a variety of purposes, from buying goods and services to paying for flights and hotels in other countries.

### 2. The top three crypto cards in the UK

#### 2.1 Crypto IRA

This is a great option for those looking to invest in crypto without having to worry about the volatility of the market. With a Crypto IRA, you can get all of the benefits of investing in cryptos without having to pay any taxes on your profits.
The best part is that you can use your card at any ATM or digital store that accepts Visa. You can also use it to make purchases online and in-app.
This is one of the best ways to get started with cryptos without having to put any money down. All you need is a valid ID and you can start using your card right away.

#### 2.2 Bittylicious

This is another great option for those looking to invest in crypto without having to put any money down. Bittylicious allows you to buy Bitcoin and Ethereum with a credit or debit card. You can also use it to make purchases online and in-app.
The best part about Bittylicious is that there are no fees for buying or selling cryptos. You can also get started with as little as £20.

This is a great option for those who want to get started with cryptos without having to put any money down. All you need is a valid ID and you can start using your card right away.

Bittylicious also has a great referral program where you can earn £20 for every friend that you refer.
If you’re looking to get started with cryptos without having to put any money down, then Bittylicious is the way to go.

#### 2.3 [Cryptopay](https://cryptopay.me/)

This is a great option for those looking to use their crypto for everyday purchases. Cryptopay allows you to use your Bitcoin, Ethereum, Litecoin, and XRP to make purchases at over 33 million merchants worldwide.
You can also use your card to withdraw cash at ATMs or send money to friends and family. The best part is that there are no fees for using your card.

If you’re looking for a great way to use your crypto for everyday purchases, then Cryptopay is the way to go.

### 3. How to choose the right crypto card for you

Not all crypto cards are created equal. If you don't know what you're looking for, it can be difficult to find an option that fits your needs. Before you buy, make sure that the card offers services with which you are comfortable.

For example, some cards offer a completely anonymous experience. Others don’t offer any fee discounts or protections but do provide a customer service line or the customer support team who can help if needed.

If you’re not convinced by this point about where to buy your card and want more information on how each card works and the fees that come with it, then we recommend checking out our comparison of the best crypto cards in the UK.

### 4. The benefits of using a crypto card

The biggest benefit of using a crypto card is that it provides you with an easy and secure way to invest in cryptos. Some cards also offer the option of investing in traditional fiat currencies like Pound Sterling or US Dollars and converting to cryptocurrency at the time of sale.

This means that you can invest in cryptos even if your bank doesn’t support them. This flexibility is one of the main reasons why people choose to use a crypto card to be their primary method of investing in crypto. What other investment strategy lets you buy stocks, bonds, futures, and cryptocurrencies all from one place?

### 5. Things to consider before choosing a crypto card

The most important things to consider before you make a decision about any crypto card is the initial purchase amount, signing up for recurring payments, crypto card conversion rates, and fees, transferring funds to a bank account and the delivery guarantees information that can be found on the official website of each crypto card, so it is important to do your due diligence and make sure that the crypto card you choose meets your requirements.

### 6. How to use your crypto card

First, you’ll need to open an account with the company that issued your card. Then, you’ll need to go through a verification process to ensure identity and safety. Once this is done, it will be easy to start buying crypto with your card.

Cryptocurrency cards are easy to use and can be managed on their website. Once you have purchased your card, you will be able to deposit funds into it using a wire transfer or debit card. You will then be able to buy any type of cryptocurrency available and trade it in for whatever fiat or crypto currency you desire.

Crypto cards are like cryptocurrency ATMs where they are attached directly to the blockchain so that you never have to worry about losing your money or having anything stolen from your wallet.

For more crypto guides go to [Latest Moni](/news).


Latest Moni

Crypto Payments News

Read the latest crypto payments news