10 Best Crypto Debit Cards for 2021 • Benzinga


Want to jump straight to the answer? The best crypto debit card is the Crypto.com VISA card, and the best crypto credit card is the BlockFi Credit Card.

Spending your Bitcoin or Ethereum is quite a novelty in the real world — few stores and websites accept digital currencies at the moment, and for good reason. Retailers are scared about exchange rates, find blockchain technology too difficult to understand or think cryptocurrencies are highly volatile assets. Thankfully, new products are popping up to solve all these problems — crypto debit cards.

A crypto debit card lets you spend your digital assets at locations where debit cards are accepted. Every time you use the crypto card, money is deducted from your wallet balance and converted into the merchant’s currency. Benzinga has scoured the crypto market to bring you its top crypto debit card picks.

Benefits of Crypto Debit Cards

Switch Between Currencies

Most crypto debit cards let you access both digital currencies and fiat currencies with ease. You don’t have to switch between cards to make payments in different local currencies. This is a great draw if you’re a globe-trotter who doesn’t want to exchange currency each time you need to pay for something.

Cut the Card Costs

Crypto debit cards eliminate some of the unpleasant fees associated with bank-issued debit cards. Most promise zero foreign exchange fees, zero transaction fees and zero monthly maintenance fees. Other crypto cards will waive the monthly fee if you maintain a specific account balance.

Security

Most crypto debit cards incorporate advanced security measures to protect your digital assets and transactions. Most cards have 2-factor authentication, 256-bit encryption and round-the-clock fraud monitoring. Temporarily freeze or unfreeze your debit card if you detect an unrecognized transaction.