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Virtual cryptocurrency cards for payment and withdrawal of cryptocurrencies

utorg
Review
Limit: up to 50,000 EUR per month
Commission: missing
Currencies: BTC, ETH, USDT and others
Order a card
trustee
Review
Limit: up to 50,000 EUR per month
Commission: missing
Currencies: BTC, ETH, USDT
Order a card

A cryptocurrency card is a type of debit or payment card that allows users to make payments directly from a personal cryptocurrency wallet without transferring control of the assets to a third party.

4 features of cryptocurrency cards

  1. Private keys and access to assets are fully retained by the user.
  2. Payment transactions are carried out without transferring assets to centralised service accounts.
  3. The card is linked to a multi-currency crypto wallet.
  4. Minimum verification requirements ensure a higher level of anonymity and confidentiality when making payments.

How does a crypto card work?

  1. The user replenishes the crypto wallet integrated with the card (the minimum deposit amount is from €10).
  2. When making a purchase, the cryptocurrency is automatically converted into fiat currency via decentralised platforms or instant exchange services.
  3. The transaction is carried out using a conventional POS system and usually supports Google Pay and Apple Pay.

3 advantages of cryptocurrency payment cards

  • Since private keys remain with the owner, the risks of hacking the platform are minimal.
  • Support for several cryptocurrencies, which allows you to avoid paying fees for additional money exchange.
  • Transactions are carried out directly through the blockchain, which provides additional anonymity.

4 disadvantages

  • For beginners, it can be difficult to understand the nuances of decentralised wallets.

  • Most offers are virtual cryptocurrency cards, which makes it difficult to cash out the balance.

  • In case of loss of the private key, the balance cannot be restored.

  • Some payment platforms or regions may not support such cards.

    Plastic and virtual cryptocurrencies are gaining popularity due to the combination of the freedom of decentralised finance and the convenience of traditional payment systems.