Top Cryptocurrency Debit Cards of 2019: Best Bitcoin Payment Provider Options to Use
The list of merchants that accept crypto coins is still expanding slowly, but there are already various pleasant possibilities where you can buy stuff with Bitcoins.
And more so, the Blockchain ecosystem is proving to be trustworthy which pursued some companies to produce Bitcoin debit cards.
- Shift: Shift position themselves as “the first US Bitcoin debit card”. The company supplies a debit card that is connected to your Coinbase account. The card is available in 46 out of 50 US states at the moment.
The card costs $20 to produce and has no maintenance fees. There are a 3% international transaction fee and $2.5 flat ATM withdrawal fee ($3.5 for international withdrawals). The Shift debit card is accepted at any Visa supported payment terminal.
- WageCan: Founders of this Bitcoin Debit Card have a strong technical background. It is available for the USA and many other European countries which are connected to over 30 million ATMs worldwide. It has integrated a few hyperlocal services too. The card ordering price is pretty high at $225 and has an ATM withdrawal fee of 2.5% set to a minimum of $3.
- Bitpay: For US residents there is the option of using Bitpay’s Bitcoin debit card. The card is available in all 50 US states. You must have a home address, government-issued ID, and Social Security number to apply. The card costs a flat fee of $9.95 and takes about 7 days to arrive in the mail.
There are no transaction fees for the Bitpay card. Bitpay’s card supports only Bitcoin. If you’re using the card outside of the US you will need to pay a 3% conversion fee. If you withdraw money from your card you will pay a $2 fee ($3 outside the US). There are also additional deposit and mailing fees.
- WireX: Previously known as E-coin, the company rebranded to Wirex in 2016. The company supplies a Chip & Pin visa debit card that can be loaded through your Wirex app (desktop or mobile). The card can be loaded with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC).
Card balance can be converted to USD, EUR or GBP. The card is available to all EEI residents and will soon be available in North America and Asia as well. The card is usable anywhere Visa is accepted. There is a $2.5 for ATM withdrawal within Europe and $3.5 outside of it. Account management costs $1.5/month.
Apart from these well-established exchanges, Fuzex, Crypto.com, and Aximetria have their own advantages.
It’s often the best bet to evaluate what works well for where you live and what brings you the lowest fees.