TenX - Top Five Cryptocurrency Debit Cards

in #tenx5 years ago (edited)

A few years ago when cryptocurrency was still in its earliest stage, cryptocurrency traders, investors, holders went through a hassle to shop with their cryptocurrencies or convert their cryptocurrencies to fiats.
Nowadays, there are blockchain projects that solve this problem by providing crypto debit cards. This makes cryptocurrencies spendable anytime anywhere conveniently. An example is TenX that makes cryptocurrencies spendable at any store even if they don’t accept crypto.

Top Five Cryptocurrency Debit Cards

I will highlight the top five (5) crypto debit cards that make cryptocurrencies easily spendable anytime anywhere.

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Wirex

Wirex is a crypto debit card that was founded in December 2014 by Dmitry Lazarichev and Pavel Matveev. It has 250 employees with headquarters in London, UK. Wirex debit card supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XPR) which can be easily converted to GBP, EUR, and USD at live rates. It has 1.9M users as at August 2018. Wirex can be used in shops, bars, restaurants, shop online and to withdraw cash at ATMs anywhere Visa is accepted. Wirex became the first crypto debit card company to initiate Litecoin functionality. In 2017, Wirex achieved $1 billion of transaction volume.


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TenX

TenX is another crypto debit card that makes cryptocurrencies easily spendable anytime, anywhere at an instant in the world. TenX combines digital wallet and physical debit or prepaid card built on a blockchain payment processor comit network for making cryptocurrencies generally spendable. TenX multi-currency wallet currently supports Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH) but will soon include more cryptocurrencies and tokens in the future.
TenX wallet is available on Android and iOS which can be funded with different cryptocurrencies (BTC, ETH, LTC). It can be used in almost 200 countries at over 42 million points of acceptance online and offline upon its launch. TenX is built on Ethereum and owns a native token TenX (PAY), it rewards people who hold TenX PAY token with 0.5% of all the total transactions consumed monthly with ETH. Additionally, token holders receive 0.1% cash back rewards in the form of PAY token.
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Spectocoin

Spectocoin is a cryptocurrency exchange and wallet with a debit card. The debit card works like conventional debit cards, the only difference is that Spectocoin uses cryptocurrencies instead of fiats. Spectocoin supports only Bitcoin (BTC) of all cryptocurrencies and supports three fiat currencies U.S. Dollars (USD), British Pounds (GBP) and Euros (EUR). It's available in 197 countries across the world and it's accepted in over 20 million locations globally. Spectocoin has issued 65,000+ cards to customers across the world. It has spending and loading limits that vary between verified and non-verified users.
Spectocoin charges €2.50 withdrawal fees for each fiat card and monthly service fee of €1.00 if your card is active [a card is considered as inactive if it has zero balance].
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UQUID

This cryptocurrency debit card supports varieties of 90 cryptocurrencies. It charges no fees on deposit, instant load with 0% fee, and 0% fees for POS (Point of Sale) purchases. It costs 1 GBP/EUR/USD with fast delivery of 2-3 working days and has 3 years validity. UQUID offers Unlimited ATM Withdraw, free online shopping and can be linked with Uber, PayPal, Amazon, Skrill, Deliveroo…


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Coinbase Shift

Coinbase Shift Card is U.S. based crypto debit card. It’s the first cryptocurrency debit card that allows Coinbase users in the 43 U.S. states where they have regulatory approval to spend Bitcoin anywhere VISA is accepted both online and offline at over 38 million merchants worldwide. The issuance fee is $20.00 while card replacement fee is $10. It charges domestic ATM withdrawals at $2.50 and international ATM withdrawals at $3.50.


Disclaimer

Every single piece in this article is based on the Author's research. It's not in anyway giving you investment advice. You are advised to make your own proper research before concluding on Debit card to buy for shopping with your cryptocurrencies.


TenX Official Web Links


REFERENCES


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I've really beem considering that Shift card and Wirex is a close second. I haven't pulled the trigger but I really want to.

Try to get you hand in one, and also don't forget to check the one of blockchain based TenX. Shop with your crypto everywhere you go!

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