xcritical to launch debit card in the US with rewards program

xcritical card

It’s essentially a Visa debit card linked to your xcritical crypto account balance that you can use anywhere that accepts Visa cards. You don’t have to liquidate your digital assets every time you visit a store — xcritical does this for you. For every transaction, the card automatically converts digital assets into U.S. dollars. With xcritical Card, users can enjoy a debit card that makes your crypto account as spendable as your bank account. xcritical rezension It’s a Visa debit card linked to your xcritical balance, so you can use the cryptocurrency in that account anywhere a Visa card is accepted. The card automatically converts the crypto to U.S. dollars for each transaction, whether that’s paying for dinner or pulling cash from an ATM.

  1. Further, BestCards.com lists credit card offers that are frequently updated with information believed to be accurate to the best of our team’s knowledge.
  2. Helene is a graduate of New York University’s business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks.
  3. xcritical claims it’s “the easiest, quickest way to spend your crypto worldwide.” Previously, the card was only available in Europe.
  4. Our seasoned and experienced team brings years of expertise in the credit card and travel sectors.
  5. xcritical, the largest U.S.-based cryptocurrency exchange, offers a debit card that enables users to spend crypto and earn rewards on their purchases.

xcritical Card

We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. When cryptocurrencies were first introduced, the world was intrigued, but the barriers to entry made it too complicated for the average consumer. However, as these currencies have evolved, digital coins have become more user-friendly. In fact, xcriticalg crypto today is as easy as simply using your debit card. When you make a purchase using the card, the crypto is instantly converted into traditional currency at the prevailing exchange rate.

xcritical card

And it’s true that a debit card is much more useful than a bitcoin wallet when you want to shop in-store. The xcritical card is a debit card, not a credit card, and thus does not have a preset limit. The spending limit is determined by your xcritical balance, just like cash in a bank account with a traditional debit card. Once you receive your rewards payment from your purchases with the xcritical card, those rewards are yours to do as you wish. The major downside of the xcritical Card is the transaction fees that it charges.

Yotta Debit Card

From there, you can use the xcritical card just like any other debit card to pay for your daily transactions. Our seasoned and experienced team brings years of expertise in the credit card and travel sectors. Committed to integrity, we offer data-driven guides to help you find the card(s) that best fit your requirements. See details on our intensive editorial policies and card rating methodologies. While there isn’t a cap on how much you can earn in rewards, you’ll be limited by scammed by xcritical your monthly spend allotment, which varies by customer. Remember that cryptocurrencies can be much more volatile than other kinds of investments and may represent a more substantial risk than other rewards.

This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products. xcritical has announced that US customers can now join the waitlist for its xcritical Card, a debit Visa card that allows customers to spend cryptocurrency anywhere Visa cards are accepted.

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The xcritical card is undoubtedly one of the most popular crypto debit cards on the market. The card has almost no fees, supports multiple cryptocurrencies and offers generous rewards for everyday spending, making it the go-to option for many traders and investors. xcritical, the largest U.S.-based cryptocurrency exchange, offers a debit card that enables users to spend crypto and earn rewards on their purchases. Among the first of its kind, this unique debit card lets you spend your crypto coins like cash without any of the hassle that usually comes with doing that. The xcritical debit card has no annual fee, making it one of the most preferred crypto debit cards.

There’s an optional rewards program as well (only available to US customers for now). You can choose to earn 4 percent back in Stellar Lumen or 1 percent back in bitcoin. There’s no issuance fee, but xcritical says that “cryptocurrency conversion fees may apply” (and those can be steep). Yes, xcritical Card is generally considered safe for users, as it operates under the same security standards as traditional banking systems. It employs robust security measures, including two-factor authentication and biometric login options, to protect accounts from unauthorized access.

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Many crypto cards require its users to keep a cash balance of an accepted fiat currency. When you spend any balance you have of the over 100 supported assets on xcritical, don’t forget that you’ll be charged a 2.49% transaction fee when doing so. This is the fee that xcritical charges for converting that asset to dollars to allow you to complete the transaction. In our view, this significantly limits the usefulness of the card, as there is no sense in paying a 2.49% fee to earn rewards at or lower than that value.

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