![]() ![]() NB: Bitpay requires mandatory ID verification! The card won’t be shipped to those who didn’t confirm their identity, so BitPay shouldn’t be your choice if you are looking for an anonymous Bitcoin debit card. You have to pay $9.95 in order to get the card issued to you (you are supposed to pay the same amount of money if the replacement card is requested). When it comes to fiat currencies, Bitpay only deals with the US dollar, which essentially means that you have to pay an exchange fee as well. Image by Bitpayīitpay’s debit card only supports two coins so far - Bitcoin and Bitcoin Cash, which might be a turn-off for crypto evangelists with diverse investment portfolios. In fact, that was the very first debit card that became available in all 50 US states. ![]() ![]() These are the following factors you have to pay attention to while picking the best Bitcoin debit card:īitpay is one of the leaders on this market with an enormous user base and a good track record it’s been around since 2011. Once we’ve covered all the major advantages and disadvantages of such cards, let’s review the top 10 best cards on the market. Another downside of such a payment solution (the fee that you have to pay) stems directly from this centralization issue. Your digital assets are fully controlled by a debit company. Speaking of the main disadvantages of such cards, it is worth mentioning that they completely contradict Satoshi’s vision. Transactions that are performed with the help of cryptocurrency debit cards are instantaneous, and merchants are able to receive the payment in any fiat currency of their choice (if the card, of course, supports more than one currency). You are free to make any payments with crypto whether it would be booking a hotel room or simply buying groceries. Visa and Mastercard Punish Customers Purchasing Crypto ![]()
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