The crypto world is evolving, leading to new products and trend launches.
One of the new crypto trends that is gaining a lot of popularity is crypto credit cards.
There is no difference between crypto credit cards and traditional credit cards.
The only difference with crypto credit cards is that you can earn rewards and use cryptocurrency to pay credit card bills instead of points.
Therefore, you can use a crypto credit card anywhere, provided credit cards are accepted.
Crypto credit cards offer seamless anonymous transactions but must comply with local laws and regulations and their parent company.
There are several crypto credit cards to choose from.
Therefore, it is essential to select the best one through analysis and research.
Critical factors include fees, rewarding structure, payment methods, exchange options, and associated pricing.
Below are some of the crypto credit cards you can choose from.
Crypto.com Visa
This is the first crypto card that fits seamlessly into your life with many rewards.
You will get 100% back on your subscriptions like Netflix and Spotify.
The rewards you get depends mostly on the selection of card. Most cards offer a reward ranging from 3% to 5% CRO.
Features
- No ATM withdrawal fee
- Compatible with more than 90 cryptocurrencies
- The card is metal-made
- Uses crypto.com app
Fees
- Credit: require none
- Account minimum: $0 to $400000
- Funding methods: crypto wallet
- Rewards: CRO
Pros
- No fees
- Compatible with many crypto tables
- Entertainment rewards
Cons
- Limited consumer resources
- Complicated new user platform
- ust use crypto tokens
Coinbase
It was founded in 2012.
During the launch of the Coinbase Visa card, Coinbase was the leading cryptocurrency exchange.
Coinbase Visa works like other Visa cards, but it is only compatible with 9 cryptocurrencies.
It is accepted where other Visa cards are accepted.
Features
- Two-step verification security feature
- Support mobile application
- Support ATM withdrawal
Fees
- Credit: very good
- Account minimum: $0
- Funding methods: crypto wallet
- Rewards: XLM and BTC
Pros
- Accepted same place as other Visa
- Enhanced credit card security
- Additional bookkeeping features
Cons
- Compatible with only 9 crypto
- High transaction cost
- Requires a Coinbase account
Gemini
Gemini is compatible with many cryptos and can earn rewards with more than 30 cryptocurrencies.
This credit exchange does not guarantee exchange even though no fees are charged on exchange.
Transaction fees range from 0.5% to 4% based on the card used.
Gemini card was created by MasterCard and uses WebBank hence allowing users to access MasterCard merchants.
Features
- Uses a convenient application
- 24/7 customer support services
- Unique, rewarding system
Fees
- Credit: Excellent
- Account minimum: $0
- Funding methods: crypto wallet
- Rewards: more than 30 cryptocurrencies
Pros
- Available nationwide
- It can be used where MasterCard is accepted
- Multiple reward structure
Cons
- No guaranteed exchanges
- Currently waitlisted
- Fees add ups
Wirex
This card has no steep exchange fees on international spending power.
This great card is compatible with 150+ cryptocurrencies and accepted in 54 million+ outlets worldwide.
Features
- Uses WXT staked tokens
- Uses Crypto back reward system
- No fee for fiat to fiat
- Owns an application
Fees
- Credit: none required
- Account minimum: $0
- Funding methods: crypto wallet
- Rewards: WRX
- Annual fee: $0
Pros
- Minimum fees
- Multiple cryptocurrencies
- Bitcoin rewards
Cons
- Native-token-based
- Limited reward structure
- Require Wirex WXT balance maintenance
Which is the best Crypto Credit Card
When selecting the right crypto credit card, I realized that each has different features and designs.
Therefore, it is important to consider several factors when choosing the right one.
These factors include:
- Account linking
- Cryptocurrency
- Fiats
- Rewards structure
- Required stakes
Crypto Credit Card Comparison
Crypto credit cards come in different makes, designs, and features that include:
- Crypto.com Visa
- Coinbase
- Gemini
- Wirex
Therefore, ensure you know all of the above pros, cons, fees, and features of different crypto credit cards to make the right choice.