Bitcoin Cash is a popular cryptocurrency that is well suited for payments. While its popularity increases with growing awareness of the benefits of peer-to-peer electronic cash, mass adoption remains a long-term goal. In the meantime, Fintech products are helping to dramatically improve the spending ability of decentralized digital money in a fiat-dominated world. There is a wide range of crypto debit cards that will help users to pay with BCH anywhere Visa and Mastercards are accepted.
- The Bitpay Card – This card is the leading product of its kind in the U.S. and in fact one of the few remaining options for American crypto users after alternatives like Shift became unavailable. The card issued by the well-established crypto payment service provider supports Bitcoin Cash (BCH) and Bitcoin (BTC). Those who have a Bitpay wallet can convert their coins into USD and spend them with any retailer accepting Visa.
- Blockcard – U.S. residents can sign up to use a crypto debit card from Blockcard. The process is simple. You add digital money, pass KYC and get a virtual Visa card. You can fund your account with several major cryptocurrencies such as BCH, BTC, ETH, and LTC, as well as several stablecoins. The deposited amount is converted to Ternio (TERN) which is then sold for fiat at the time the purchase takes place. The Blockcard crypto debit card is currently available in the United States only but it has plans to launch in over 30 European jurisdictions.
- Bitcard – This is a Spanish platform that facilitates buying and selling more than 20 major cryptocurrencies. It has a mobile application and issues debit cards that don’t require a bank account and can be topped up with BCH and other coins with a large market cap. Bitnovo’s Bitcard can be used to pay bills online and purchase items in brick and mortar stores as well as withdraw fiat cash at ATMs. It’s currently available to EU residents.
- Coinbase – America’s leading cryptocurrency exchange is offering a debit Visa in 19 countries in Europe. The Coinbase debit card is currently available to customers in Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Portugal, Slovakia, Slovenia, Spain, and the U.K. The platform can be employed for online and offline payments, at all retail locations that accept Visa.
- Uquid – People in the EU can order a virtual debit card from Uquid. The cards are powered by BCH and can be converted to British Pounds, Euros, and USD. The platform affords unlimited online spending, ATM withdrawals, and fee-free POS purchases.
You see? As cryptocurrency becomes more mainstream, debit cards are making it a lot easier for the average consumer to tap into their crypto resources to pay for things. Depending on where you live, these cards are really a great convenience. Do you have any of these debit cards? We’d love to hear about your experience. Connect with us on Facebook or Twitter and tell us about it.