ATM withdrawal fees are free up to £200 or €200 per month, then after that you will be charged 1% for domestic withdrawals and 2% for international withdrawals. In Europe, there’s a £4.95 or €4.95 fee for issuing the card. More info about the Coinbase card for US residents can be found here. The card also offers multiple security features such as 2-factor authentication, instant freeze and more.Ĭoinbase claims to charge no transaction fees to cardholders from the US, however there is a spread that applies each crypto-to-fiat conversion behind the scenes – this is variable and could be considered a fee of sorts. The card is linked to your Coinbase account and allows you to easily spend crypto held on Coinbase anywhere that accepts Visa payments.Ĭhoosing which cryptocurrency you’re spending can be managed through the Coinbase app, which is available both on Android and iOS. Pros: Multiple coins supported, established company, widely availableĬoinbase, one of the leading Bitcoin exchanges around, issues its own Visa debit card for the UK, broader Europe, and the US. Here’s a look at some of the best active Bitcoin debit cards available today: Coinbase Bitcoin Debit Card Both Visa and Mastercard have now started initiatives to work with crypto companies, allowing more firms to issue their own crypto-funded debit cards. Every payment you make will often involve both processing fees as well as conversion fees for paying with a foreign currency.ĭespite many crypto debit card issuers having their services suspended in 2018 by Visa, the payments sector has become more crypto-friendly again since then. Secondly, this service usually comes with a price. Firstly, when using a Bitcoin debit card, you’re basically giving someone else control over your coins (at least the ones you’ve deposited). With a Bitcoin debit card, merchants get paid in their own currency while you are charged in Bitcoin from your prepaid balance. While not many businesses accept payments in Bitcoin (yet), most accept debit cards. However, you can get a third-party prepaid debit card that you can load with Bitcoin, and then use it to buy almost anything. Bitcoin isn’t controlled by any single centralized party, so it can’t issue its own debit card. Conclusion – Which Card Should You Choose?.If you want a detailed review about each card keep on reading. For US residents, we’d recommend either the Coinbase Card, or the BitPay card (which has been in the US for a little longer). If you’re an EU resident but Coinbase doesn’t support your country, you can try Wirex as a great alternative. If you’re an EU resident, you’re probably best off using the Coinbase Card, a Visa card that can be ordered from within the Coinbase mobile app. ![]() Over the last few years, Visa and Mastercard have made a big push to embrace cryptocurrency companies – both offering cryptocurrency cards for various exchanges and vendors. There are often fees that apply and can vary depending on the card, but it may be worth it for the convenience of more easily spending your crypto balance in the real world. They can be used at any store or website that accepts regular debit bank cards. Bitcoin Debit Card Summaryīitcoin debit cards let you pay for your regular transactions using your bitcoin balance. This post will cover the most popular active Bitcoin debit cards around, meaning debit cards that can be loaded with Bitcoins. Bitcoin Debit Cards Reviewed and Compared
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