2023 Cryptocurrency Credit Cards [A Trader’s Guide]

In 2020, more crypto-based payment cards will be made available. Virtual currency credit cards encourage people to spend Bitcoin while still accruing virtual currency reward points. Clients can now anticipate the top cryptocurrency credit cards which will be promoted in 2023. The following is a list of top credit cards for digital currencies.

Gemini Credit Card

Gemini is a well-known New York-based company that is subjected to traditional bank evaluations and digital security assessment procedures by the New York Department of Financial Services. Their credit card comes with perks like:

• An additional 3% cashback on dining, 2% cashback on grocery items, and 1% cashback on all the other items purchased.
• Bitcoin and any other virtual currency as a reward.
• No annual costs or transfer charges to acquire virtual currency rewards.
• Gains from rising prices and incentives.
• The ability to safeguard, handle, and freeze your card via the platform.
• Direct access to your card details (if you are approved).
• Metal cards that can be tailored to individuals are accessible in black, silver, and rose gold.
• High acceptance rate in all 50 US states.

TenX

TenX has introduced the incredible TenX Visa card. It is a well-known alternative that is widely utilised by Asian cryptocurrency users. The TenX credit card includes the following benefits:

• Charge in domestic currency everywhere you go without any currency exchange charges by spending Bitcoin, Ethereum, and Litecoin with a magnetic sensor.
• Receive money from any ATM that acknowledges the card worldwide.
• Visa is recognised at more than 54 million merchant outlets in more than 200 nations.
• Once users pay, a computer-controlled and immediate crypto-to-cash switchover will occur.
• Exchanges and charges for TenX Visa Cards are obtained simultaneously.
• Investigate the complete transaction record and collect monthly updates.
• If your request is approved, you will then earn your money directly.
• Spend your cash digitally wherever Visa is acknowledged.
• The app provides stringent security control systems.

Crypto.com Credit Card

The Crypto.com card is an outstanding product for customers who are looking to achieve maximum advantages. Credit cards from Crypto.com offer incredible benefits such as:

• Spotify, Netflix, and Amazon Prime subscription services are all fully refundable.
• 10% off Airbnb and Expedia bookings, plus airport lounge access.
• There is no set number of complimentary currency conversion exchanges.
• Over-the-counter (OTC) block exchanges are used in Conversion Rate Optimisation (CRO).
• Findings on studies are readily available.
• There is indeed a provider available to assist you with your succession.
• Requests are advanced at a business together.
• The significance of client satisfaction cannot be overstated. In fact, for some people, the Crypto.com card benefits are enough of a swing factor to decide to trade with this company instead of equivalent platforms such as Kraken, or Bitcoin Up that don’t offer the same benefits.

Visa

Customers worldwide expended well over $1 billion in digital currencies in the first six months of 2018, according to Visa. The credit card company did not offer precise numbers but asserted that it is working towards making the virtual currency more beneficial. Visa has no plans to add digital currencies to its financial statements soon, as Tesla, MicroStrategy, and other companies have done recently. Their cryptocurrency credit card includes benefits such as:

• Visa accepts a different payment method via card or portable devices.
• Whenever your information is compromised, Visa may collaborate with your financial institution to resolve the issue quickly and mail this anywhere in the globe in under 24-72 hours.
• Visa is acknowledged for its cryptographic protocol and non-crypto buyers at millions of global trader locations. 

Wirex

Wirex is arguably the most well-known company that manufactures crypto cards. This card accepts 18 different cryptocurrencies as well as fiat currency. Wirex does not penalise users who incur trade taxes or pay exorbitant conversion rates when travelling abroad. Among their distinguishing characteristics are:

• It instantly converts to local currency at the point of sale.
• With no conversion fees, it uses the best available interbank and Over-the-Counter (OTC) rates.
• A multi-currency card can save you up to 3% on international transactions.
• Spend 150+ currencies at real-time interbank rates at more than 61 million locations worldwide.
• On all in-store and online purchases, Crypto back immediately awards up to 2% in WXT.
• Users can receive instant in-app notifications to help them keep track of their payments.
• ATM withdrawals of up to SG$400 per month are permitted, and no monthly maintenance fee is charged.

Final Thoughts

While these companies are reputable, it is recommended that interested traders conduct additional research to find the best crypto card for them. Always keep an eye on the market’s price movements when using your crypto credit card to ensure there haven’t been any drastic changes that could affect your profits or ability to pay.