What is a card for cryptocurrencies?
A debit card for cryptocurrencies and other cryptocurrencies is not much different from conventional cards linked to fiat currencies.
You can pay with this card at the cash desk in the Russian Federation or in the United States, withdraw cash from it via an ATM, or use it to make online purchases.
Usually, all transactions with cryptocurrencies are converted to fiat currency, ideally at the most favorable rate and without any additional fees. The idea is to simplify the process of using cryptocurrencies as much as possible, even if the seller does not accept them for payment.
Features of crypto cards
Before you start using crypto cards, you need to familiarize yourself with their features:
These cards work in tandem with MasterCard and Visa payment systems. Simply put, the owner of such a card can pay with it anywhere and at any time.
The card will be linked to the account opened in a particular service. Thanks to this, you will be able to get fiat money quite quickly.
The card provides round-the-clock access to funds in both crypt and fiat.
There are no intermediaries, which simplifies and reduces the cost of operations with cryptocurrency.
How to use a crypto card?