Crypto credit card: what you need to know

Cryptocurrencies have been conquering the financial world for some time now, and credit cards have long been established there. So the combination is obvious and the first providers were already getting ready to meet the demand in 2018. In the meantime, however, the choice has expanded many times over.

The first dedicated crypto credit cards are getting ready to appeal to the general public.

These crypto credit cards are worth a look

Credit cards are convenient or even necessary in many situations. Yet they are still part of the traditional monetary system. That could change in the future. A credit card is linked to a bank account, which is consequently where the debits take place. Prepaid credit cards have to be loaded with money beforehand, as there is no credit line. The upcoming crypto-credit cards take this principle further by enabling recharging via cryptocurrency. Various platforms already offer these.

1. Binance is one of the world's leading cryptocurrency exchanges. Meanwhile, the platforma also offers a credit card, which can also be linked with Google Pay and Samsung Pay.
2. The credit card from Coinbase is linked to an existing balance. Via an app, you can also select which cryptocurrency you want to use for payment.
3. Other platforms are Bitwala, Monaco Card, TenX and TokenCard.

The Monaco Card has already been very popular for some time. While these are prepaid credit cards, the functionality is very high thanks to the ability to load crypto money like Bitcoin directly onto the card. Moreover, it is a convenient way to transfer crypto profits to the real world.