What is a Crypto debit card?

Here’s what you need to know about using a crypto debit card. A crypto debit card is a payment card provided by a crypto firm such as BitPay, Crypto.com and Coinbase (which has a waitlist). Generally, you fund the card with your digital assets before spending, unlike a crypto credit card.

Can a debit card convert cryptocurrency into cash?

If you’re looking for a way to convert your cryptocurrency into cash, a crypto debit card could make sense for you. But a debit card isn't the only product that makes it easier to spend cryptocurrency. Alternatives include crypto credit cards and Checkout with Crypto from PayPal.

Should you use a prepaid Crypto debit card?

For example, if you prefer to limit your crypto spending, you might choose to use a prepaid crypto debit card that you load with a specified amount of your coins. Some crypto debit cards also offer rewards such as cash back (sometimes in cryptocurrency), points, or other benefits.

What cryptocurrencies can I use to fund my debit card?

Which cryptocurrencies you can use to fund your card also depends on your debit card. The Voyager Debit Mastercard, for instance, allows you to spend USD Coin, a currency whose value is pegged to the U.S. dollar, while the Crypto.com Visa Card accepts 23 cryptocurrencies, including Bitcoin, Litecoin and Ethereum.