Debit cards for cryptocurrencies 2021. Or how to buy sausage with a crypto card.

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Debit card for cryptocurrencies and other cryptocurrencies alreadynot much different from ordinary cards tied to fiat currencies.

You can pay with such a card at the checkout, say, five in the Russian Federation or at Walmart in the United States, withdraw cash from it through an ATM, or use it to make online purchases.

Usually all operations with cryptocurrenciesconverted to fiat currency, ideally at the best possible rate and without any additional fees. The point is to simplify the process of using cryptocurrencies as much as possible, even if the seller does not accept them for payment.

Features of crypto cards

Before you start using crypto cards, you need to familiarize yourself with their features:

Quite right:

- Will the bailiffs get to this map?

— Will the tax office get to this card?

How to use a crypto card?

If you have registered with an online bank or bitcoin exchange at least once, the process will always be exactly the same.

And now let's move on to the main thing: how to "withdraw" the crypt using such a card. Well, in general, the time may have come when I will finally buy sausages for Bitcoin.

Now there are three main options for cryptocurrency card services. They depend on how the issuer's system is arranged.

Option 1

Option 1 includes the principle of operation of the cardCoinbase, Crypto.com, etc. The card is linked to an account on the exchange, the user orders the card, and when he receives it, he can link it to his account on the exchange through the application. After registration and binding, the user can start performing operations with the card.

But if you look deeper, then shopping is stillare paid in fiat currencies, and the cryptocurrency goes to the exchange, which acts as a kind of online exchanger. This is, without a doubt, a compromise solution, because stores around the world are not ready to accept Bitcoin and other coins.

However, this option has two obvious ones.disadvantage. The user needs to switch wallets from which he receives funds: BTC, LTC, XRP, ETH, etc. And also keep track of the exchange rate so that the conversion is not unprofitable.

 Option 2

This includes the work of AdvCash.At the disposal of the user are accounts and a card. The owner of the cryptocurrency can choose which currency account he wants to use to transfer the cryptocurrency: dollar, euro or any other account. To do this, the user is provided with a key that is tied to his account. By inserting this key into the withdrawal window in the wallet or on the exchange, the cryptocurrency is converted to the selected fiat currency.

Once the cryptocurrency is converted to fiat currency, it can be sent to the cryptocard.

An important nuance: Now AdvCash cards are not available in the Russian Federation.

Option 3

This is how Betconix, CryptoPay works. Here the user has a bitcoin wallet, fiat account and crypto card at his disposal; and all this is stored in one place - the application.

This option should be considered exactly like a mobile bank, where your credit and debit cards are connected and which can be managed through the application.

This is the most convenient solution of all crypto cards,because everything you need is available in one place. A person can store cryptocurrency and fiat currency together. You can also check the amount of transaction fees using the card when converting cryptocurrency to fiat money, i.e. dollars, euros, rubles, etc.

However, as a rule, such cards havesome restrictions on the maximum amount that can be kept on such a card and the maximum withdrawn per day. This may raise questions from the "anti-money laundering" services. But the limit on the maximum amount makes it less risky.

Today in 2021 there are a huge number ofcards for cryptocurrencies: AdvCash, Revolut, Betconix, SpectroCoin, Uquid, Coinbase, Crypto.com, Amon, Bitwa.la, Bitpay, Xapo, Bitnovo, Bitcard, TTM ... But we are interested in cards that we can use in Russia and the CIS. And also those cards where there are adequate commissions. And there is the possibility of additional income.

But I want to immediately draw your attention to some maps at the moment being in the Russian Federation will have to wait a little.

Cryptocurrency cards.1. The largest.

The largest cryptocurrency exchange Binance announcedabout launching their debit cryptocard. It will be possible to replenish it with bitcoins or internal tokens of the BNB exchange, and in the future it will be possible to pay with it like a regular card. So far, the card is only available in Malaysia, but later it will appear in other countries of Asia, and then in the rest of the world. However, you can subscribe to the newsletter on the Binance website if you would like to be notified of when the Binance card will be available in your region. Your humble servant is already on the list of the first "waiting", which I recommend you do.

Initially only a $ 15 virtual card can be obtained, with physical cards to be issued at a later date.

For virtual cards, there will be no fees for servicing the card or account. The Binance card can be linked to an account on the exchange and, if desired, replenished from any crypto and your BNB wallet.

In addition, the Binance Card team has already uploadedan application on Google Play that allows you to make card transactions. However, this application still has very limited functionality: a map page (currently not working), a built-in crypto wallet, as well as personal data, notifications and security settings. There is no history of transactions, statements and other options available in the bank online yet.

Most likely, when paying with a cryptocurrency card,in the account will be converted to local currency, but Binance has so far refrained from giving any details on this topic. It is also unknown which bank will issue the card and on the basis of which payment system it will work.

2. The oldest crypto map.

AdvCash is one of the oldest payment services, I personally got acquainted with the service around the time with crypt back in 2012.

AdvCash cryptocard is supported practically inall countries, with the exception of sanctioned states and completely deaf places. When registering, you can add several fiat currency wallets at once.

The service released its crypto cards (both plastic and virtual) last year. The main difference between the first type and the second is the cost of the product.

You cannot store cryptocurrencies in the service assuch, but you can fund your fiat account with several coins - BTC, ETH, LTC, BCH, XRP, ZEC, TRX and USDT. The transfer will be converted into the currency of the account to which the funds were received. The same scheme works for withdrawals.

Note that AdvCash has temporarily suspended the issue, but I am sure (however, they also say so) that in the very near future, it will resume the issue of cards.

3. The most innovative card for cryptocurrencies in 2021.

Betconix Cryptocurrency MapLiterally recently announced the release of their own cards, according to the service, in the first 5 days more than 1000 cards have already been ordered, and the first users, judging by the reviews, have already received them.

Master Card.In principle, all currencies are available on the card as there are about 80 currencies on the exchange today, a standard online conversion scheme, only a personal account in a partner service for security. But I am glad that there are no restrictions on currencies, which means they will be added to the exchange, and as a result, to the card.

Of the features, it seems like the map will also betied to the marketplace site for NFT tokens and the P2P platform that are planned to be launched on the exchange. Perhaps only an interesting system, card expectations, deserves attention. There is an option not just for free receipt, but also the opportunity to earn extra money while waiting for a card and get interest just for waiting for a card in more detail here.

4. The most bank card.

Bank TTM has made a big breakthrough by making its crypto cards available in almost every country, with the exception of those countries that have come under regulatory sanctions around the world.

Crypto cardholders can top up their TTM Bank card directly from any wallet.

The TTM Bank Cryptocard only supports 5 digital currencies: USDT, BNB, BTC, TRX, ETH. TTM operates under EU jurisdiction.

Selection recommendations

This issue should be approached with fullresponsibility so as not to lose your savings. There are several main factors influencing the choice of a company that provides an opportunity to order a card.

There are already a large number ofcompanies that provide services for issuing a debit plastic card for cryptocurrency. Also, new startups are constantly appearing wishing to work in this segment. However, we recommend that you pay attention to the following factors.

On the availability of a license from a crypto exchange or payment service.

Availability of additional options.

The possibility of developing the system.

Availability in your country, as well as in the countries where you travel, for example, to rest. Good luck to everyone, soon the fairy tale will come true, soon shopping with a "crypt in your pocket."

Read this:

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