.png)
The world of cryptocurrencies and blockchain has always been filled with innovation and unique developments. These developments are ordinarily aimed at bringing in new investors who will then boost the market. Crypto debit cards are one of such developments over the years, as user demand required a bridging between traditional payment and cryptocurrency. There is no longer a need to sell crypto for fiat to make a purchase or to send crypto to merchants for conversion before purchase. With Crypto debit cards, you can hold or spend crypto at your leisure and get rewards for your spending actions.
Crypto debit cards combine the world of crypto and blockchain service and give users physical access to their currencies. Users do not have to worry about having their Tokens/Coins converted to liquid for purchase with the debit card. It is up to the user whether they back these crypto purchases with traditional Fiat backing; transactions/purchases are made directly with cryptos and do not require the user to hold physical currency in their account.
Currently, there are three prominent crypto debit card services on the scene, with each offering essential and unique services to its users:
Of the three mentioned and prominent cards, Crypto.com is the earliest to be established, long before the Binance and FTX cards.
The Crypto.com Visa Debit Card is a rebranding of the Monaco card that was completed in September 2018. The card is currently shipping to regions including Singapore, the USA, and the countries in the European Union. Top up fiat with Crypto.com and get back up to 8% for transactions done, no issuance fees, no annual fees, ATM withdrawal fee-free up to $400.
The card currently supports BTC, ETH, LTC, XRP, PAX, TUSD, EOS, and XLM (EOS and XLM available in selected states in the US), intending to support more cryptos in the future.
The card supports GBP, USD, HKD, EUR, JPY, SGD, and AUD on the Fiat side. The addition of other Fiats is planned.
The platform offers five card types; Midnight Blue, Ruby Steel, Jade Green/Royal Indigo, Icy White/Frosted Rose Gold, and Obsidian Black. Each of these card types comes with exclusive benefits and deals (ex. A higher amount of ATM withdrawals with no fees), which requires a staking amount before use of the card.
A recent partnership with Booking.com exposes the platform more to the traditional users available on Booking.com, offering the traveling service platform, the entrance opportunity to the world of Crypto, and the Crypto.com card users the opportunity to travel paying with their Crypto.com Visa Debit Card.
Top crypto exchange Binance issued its Visa Debit Card on the 1st April 2020, one year ago, accepted in over 46 million merchants offline and online in 200 regions and territories, making shopping with crypto more accessible than ever.
The card is created to do everything regular cards do, aiming to cover more countries and regions as indicated. The card comes with benefits which include;
Binance currently only uses BNB and BTC coin for purchase payment and the metallic is issued by Swipe.
FTX exchange has launched its FTX US card that services the US region exclusively for now. Pay for goods and services using your FTX US account at millions of merchants worldwide, without the need to transfer your funds to a bank account.
The card is also issued by Swipe Visa, same as Binance, but debit can be done with any of the balance on the holder’s FTX balance, unlike Binance, which allows only BNB and BTC. The service is currently exclusive to US residents with SSN, and metallic cards are planned.
The platform also planned to expand crypto debit card reach, including the millions of Blockfolio users, one of its recent acquisitions.
The issuance of these cards will aid the purchase of goods and services directly with crypto instead of first converting to fiat. That changes the game for a lot of people and the entire industry. It is also making the real-life application of blockchains more and more realistic, and no doubt future innovation will be built off of this development.
Right now, there are no reported weaknesses or downside of the already issued crypto Debit Cards in circulation; as with other cards in the traditional system, failure to keep your metallic cards safe may result in loss of funds. However, Binance has assured high-grade security for its debit card users, and the other providers also have expressed concern for keeping user assets protected.
FTX card emergence has thrown the industry into what is known as the Debit Card War. The new entrance into the field, Gemini Exchange’s planned debit card issuance, joins a host of other blockchain services making their debut into this field.
These developments will help drive mass adoption of cryptocurrency into traditional financial formats. Making traditional transactions possible using Crypto Debit services is an innovation many users have been waiting for, and this possibility will bring in new investors who were previously wary of the low accessibility of crypto.
For people interested in more information, here are links to sources regarding cryptocurrency debit cards.
FTX
https://help.ftx.us/hc/en-us/articles/1500004008701-Swipe-FAQ
https://www.financialnewsherald.com/2021/03/18/ftx-launches-a-virtual-ftx-u-s-card/
Binance
https://www.binance.com/en/cards
Crypto.com
.png)
RealFevr will look to build on its promising start after confirming its second Non-fungible Token (NFT) drop date, and also announcing a unique NFT of Cristiano Ronaldo’s first-ever career goal.
The official Medium announcement set the date of September 30th for the second drop at 14:00 UTC. Can the power of Ronaldo propel the NFT sales to new heights?
“The first-ever Cristiano Ronaldo goal in his professional career will drop officially and exclusively in RealFevr’s second drop.” RealFevr CEO Fred Antunes revealed exclusively to BSC.News. “It is one of the most anticipated moments in the whole of football history. As it will never be repeated again, there will only be one NFT of Cristiano’s first goal ever.”
With RealFevr having its roots in Portugal, the unique NFT consisting of the Portuguese hero, Ronaldo’s first goal is also likely to drive interest and price.
“If the Drop #1 "UNIQUE" #NFT was sold for $89k in our #marketplace, how much will the FIRST-EVER GOAL of @Cristiano Ronaldo be sold for?” RealFevr tweeted the relevant question, as the assumption is the price will sky-rocket this time round.
The prospective price of the aforementioned NFT may well skyrocket.
The model will work on a first come first served basis, with only $FEVR allowing you to get your hands on one of 37,000 packs.
Pack prices will vary based on whether you wish to purchase a ‘Basic’ pack with 3 NFTs ($15 in $FEVR), a ‘Rare’ pack with 4 NFTs ($75 in $FEVR), or a ‘Super Rare’ pack with 5 NFTs ($125 in $FEVR). Each pack has a chance of containing ‘Legendary’ or ‘Unique’ NFTs, with relevant probabilities listed here.
To allow to grab a pack, you’ll be able to purchase $FEVR at PancakeSwap (via BNB), Gate Exchange (via USDT), or UniSwap (via ETH)
RealFevr takes a multipronged approach to football fandom. It began as a fantasy football application in 2015 and has over 2.5 million downloads with 1.2 million registered users. The protocol is now releasing the first-ever Football Video NFTs Marketplace, powered by Binance Smart Chain. The protocol uses their $FEVR token as a Web 3.0 gateway to football’s greatest moments. The protocol is also a lending and borrowing protocol for fans to buy, sell, and profit from their collectibles.
Where to Find RealFevr:
Website - Twitter - Telegram - YouTube - Telegram (News)
The latest offering from MeDIA eYe is a complete canvas of Non-Fungible Tokens (NFTs)! Anyone can acquire blocks of pixels on the canvas and place their NFT art, images or brands on their block. “The ONE” will be a record-setting non-custodial and fully decentralized NFT canvas made from thousands of NFTs and will itself be an unique limited edition NFT, called “The ONE".
Take advantage of this opportunity to showcase your business, your art or your brand.
To learn more about MeDIA eYe, visit the following links:
The concept of crypto debit cards has made sense to investors with digital knowledge for a long time. It is important that people understand how these cards operate, as they are likely to see increased adoption in the future.
The world of cryptocurrencies and blockchain has always been filled with innovation and unique developments. These developments are ordinarily aimed at bringing in new investors who will then boost the market. Crypto debit cards are one of such developments over the years, as user demand required a bridging between traditional payment and cryptocurrency. There is no longer a need to sell crypto for fiat to make a purchase or to send crypto to merchants for conversion before purchase. With Crypto debit cards, you can hold or spend crypto at your leisure and get rewards for your spending actions.
Crypto debit cards combine the world of crypto and blockchain service and give users physical access to their currencies. Users do not have to worry about having their Tokens/Coins converted to liquid for purchase with the debit card. It is up to the user whether they back these crypto purchases with traditional Fiat backing; transactions/purchases are made directly with cryptos and do not require the user to hold physical currency in their account.
Currently, there are three prominent crypto debit card services on the scene, with each offering essential and unique services to its users:
Of the three mentioned and prominent cards, Crypto.com is the earliest to be established, long before the Binance and FTX cards.
The Crypto.com Visa Debit Card is a rebranding of the Monaco card that was completed in September 2018. The card is currently shipping to regions including Singapore, the USA, and the countries in the European Union. Top up fiat with Crypto.com and get back up to 8% for transactions done, no issuance fees, no annual fees, ATM withdrawal fee-free up to $400.
The card currently supports BTC, ETH, LTC, XRP, PAX, TUSD, EOS, and XLM (EOS and XLM available in selected states in the US), intending to support more cryptos in the future.
The card supports GBP, USD, HKD, EUR, JPY, SGD, and AUD on the Fiat side. The addition of other Fiats is planned.
The platform offers five card types; Midnight Blue, Ruby Steel, Jade Green/Royal Indigo, Icy White/Frosted Rose Gold, and Obsidian Black. Each of these card types comes with exclusive benefits and deals (ex. A higher amount of ATM withdrawals with no fees), which requires a staking amount before use of the card.
A recent partnership with Booking.com exposes the platform more to the traditional users available on Booking.com, offering the traveling service platform, the entrance opportunity to the world of Crypto, and the Crypto.com card users the opportunity to travel paying with their Crypto.com Visa Debit Card.
Top crypto exchange Binance issued its Visa Debit Card on the 1st April 2020, one year ago, accepted in over 46 million merchants offline and online in 200 regions and territories, making shopping with crypto more accessible than ever.
The card is created to do everything regular cards do, aiming to cover more countries and regions as indicated. The card comes with benefits which include;
Binance currently only uses BNB and BTC coin for purchase payment and the metallic is issued by Swipe.
FTX exchange has launched its FTX US card that services the US region exclusively for now. Pay for goods and services using your FTX US account at millions of merchants worldwide, without the need to transfer your funds to a bank account.
The card is also issued by Swipe Visa, same as Binance, but debit can be done with any of the balance on the holder’s FTX balance, unlike Binance, which allows only BNB and BTC. The service is currently exclusive to US residents with SSN, and metallic cards are planned.
The platform also planned to expand crypto debit card reach, including the millions of Blockfolio users, one of its recent acquisitions.
The issuance of these cards will aid the purchase of goods and services directly with crypto instead of first converting to fiat. That changes the game for a lot of people and the entire industry. It is also making the real-life application of blockchains more and more realistic, and no doubt future innovation will be built off of this development.
Right now, there are no reported weaknesses or downside of the already issued crypto Debit Cards in circulation; as with other cards in the traditional system, failure to keep your metallic cards safe may result in loss of funds. However, Binance has assured high-grade security for its debit card users, and the other providers also have expressed concern for keeping user assets protected.
FTX card emergence has thrown the industry into what is known as the Debit Card War. The new entrance into the field, Gemini Exchange’s planned debit card issuance, joins a host of other blockchain services making their debut into this field.
These developments will help drive mass adoption of cryptocurrency into traditional financial formats. Making traditional transactions possible using Crypto Debit services is an innovation many users have been waiting for, and this possibility will bring in new investors who were previously wary of the low accessibility of crypto.
For people interested in more information, here are links to sources regarding cryptocurrency debit cards.
FTX
https://help.ftx.us/hc/en-us/articles/1500004008701-Swipe-FAQ
https://www.financialnewsherald.com/2021/03/18/ftx-launches-a-virtual-ftx-u-s-card/
Binance
https://www.binance.com/en/cards
Crypto.com
