The Top Crypto Cards in 2023: Diving into Features and Benefits
With the increasing popularity of cryptocurrencies, the crypto card market has exploded, offering a convenient way to manage and spend your digital assets.
Overview of Crypto Card Services
There are now many options available that you can choose from depending on your needs. Several prominent options include BingoCard, Bitrefill, and a variety of cards from exchanges like Nexo, Revolut, and Binance.
BingoCard
BingoCard is one of the options that supports cryptocurrencies like BTC, USDT, USDC, and ETH. Unlike many of its counterparts, BingoCard also allows users to get a card without needing to undergo Know Your Customer (KYC) procedures. This makes it an attractive option for those seeking flexibility.
Bitrefill Prepaid Card
The Bitrefill prepaid card is recently launched for the European Union. It stands out as the only crypto card allowing users to top up their cards from over 100 different crypto wallets, ranging from DCENT to Bitcoin Core. One of the key advantages of this card is that it doesn't require any crypto funds to be locked, offering users more flexibility. Additionally, Bitrefill provides the option to pay with the card or cash out via SEPA transfer if preferred.
Top 3 Crypto Cards I Personally Recommend
After personally testing and reviewing more than 30 crypto cards, there are three that have made it to the top of my list:
Nexo Card
The Nexo Card is a standout due to its generous daily spend limits and up to 64% cashback. It supports a wide range of cryptocurrencies and offers a comprehensive fee structure. The card is serviced by Nexo, a well-regarded exchange, which allows for easy tracking of crypto transactions and real-life spending.
Revolut Card
Revolut is a well-known company, and its Revolut Card has no daily spend limits, making it a popular choice among those who want complete freedom. The card also automatically converts your crypto on every purchase, eliminating the need for manual conversion, which can be tedious and time-consuming.
Binance Card
The Binance Card offers up to 8% cashback and is known for its budget-friendly overall fee structure. It also features low crypto to fiat exchange fees, making it an attractive option for those who frequently need to convert between different types of currencies.
Choosing the Right Crypto Card
When choosing a crypto card, it is often helpful to opt for a card offered by an exchange or a company with which you already do business. This enhances convenience and makes it easier to track your crypto transactions and real-life spending in one place.
An Undervalued Sweet Spot: The Croc-Visa Card
In the current market, one undervalued card worth considering is the Card. As of now, it is the best crypto VISA card on the market. It offers a plethora of rewards, including:
Free Spotify Free Netflix Free Amazon Prime Up to 8% cashbackHowever, all these rewards come with a CRO Visa card staking requirement. To minimize risk, consider that the staking requirement is a significant consideration.
Conclusion
Each crypto card has its own unique benefits and features, making the choice somewhat subjective. However, by choosing a card offered by a reputable exchange or service, opting for a card with generous cashback, and considering the specific needs of your cryptocurrency usage, you can find the perfect fit for your financial needs.