Cryptocurrency virtual payment cards

[Otasowie24]

The cryptocurrency industry has seen massive growth over the years reshaping almost if not all sectors of our everyday existence.

 

Would you have thought that this industry would grow to the extent that banks and multinational companies would start accepting cryptocurrencies as payment? Now, exchanges like Binance and Bitget are offering virtual cards for payment charging users from their wallet balance.

 

The latter exchange currently offers this virtual card by invitation only. Users can apply, and upon approval, they will receive a virtual card, which can be used worldwide for better fees. (More details here: https://www.bitget.com/support/articles/12560603818535)

 

We are yet to completely embrace these innovations though, but it is worth mentioning that the growth has been massive.

 

What is your take on virtual cards from these exchanges?

[Hazel Sutton]

I prefer keeping most of my crypto in a self-custody wallet and only moving what I plan to spend. There are also options like Oppi Wallet that combine a self-custody wallet with a virtual crypto card, depending on country availability.

Before choosing any crypto card, I would check the conversion fees, card fees, supported currencies, spending limits, and availability in your country.