Well, no. They were also created to serve as a medium of exchange while you go shopping to any corner of the world.
But that dream hasn’t been materialized so far, and that is primarily because of the lack of proper liquidity and infrastructure to spend them.
Interestingly, this is going to end now because one tech-savvy company is doing everything to make sure one can spend their cryptocurrencies like Bitcoin anywhere, anytime; and that with exciting cashback offers.
So let’s get into it…
Wirex is providing its customers with a Visa powered Bitcoin debit cards through which they can spend Bitcoins at any store that accepts Visa. The first Physical debit card is absolutely free (no cost for the card and no delivery charge either) and it will be delivered to you within a week. [Limited Time Offer]
Moreover, you will get 0.5% cash back (Wirex calls it as cryptoback) in the form of BTC whenever in-store retail purchases are made using the Wirex card. And I appreciate the deal Wirex is providing here because no one else in the crypto debit card industry is doing this yet.
If you are someone who likes cryptocurrencies, travels a lot, and have a smartphone, Wirex’s debit card is the easiest way to move around with your money across borders. Plus, it can be a convenient tool for students studying abroad as they can redeem their BTC into fiat like USD, EUR, GBP very easily through Wirex.
As of now, the Wirex crypto debit card is available in UK and Europe, but they will be expanding operations soon.
What are you waiting for?
Not convinced yet?
Here are some more highlights of the Wirex Debit card:
#1. It’s contactless, bringing it right up to date with the increasingly touch-free nature of today’s world.
#2. It’s a debit card. Not pre-paid. Debit. You also get an account number and sort code (just like a traditional bank) so you spend the money in your account with the card. Note: The GBP card is a Visa Debit Card and the EUR or USD cards are prepaid cards.
#3. You can use it anywhere in the world where Visa is accepted (that’s literally millions of places). You can also quickly exchange between USD, GBP, and EUR, making spending abroad that bit easier by swiping or withdrawing.
#4. They are big on security, so naturally, secure payments across the board (online, in-store and ATM cash withdrawals) are standardized. They’ve also upped their advanced in-app security, offer chip and pin as an alternative payment verification method and the ability to block and unblock the card from the app. If you misplace it, easily prevent any rogue transactions by blocking it. Unblock it if you find it again, or order a new card if you want.
#5. Cryptoback™ ***One of the most exciting things is their exclusive Cryptoback program. You’ll get 0.5% back (redeemable in Bitcoin) on every in-store purchase you make, anywhere in the world. No-one else is doing that! You will be able to redeem your rewards in Bitcoin from a separate reward account within the Wirex app.
Company Behind Wirex Cards
If you still doubt it, let me give you a background of the company behind this unique idea:
Wirex is a provider of cryptocurrency wallets/accounts linked to physical and virtual Visa debit cards, as well as a cryptocurrency, traditional currency exchange, and a payment solution. They famously dub themselves as ‘crypto-friendly currency accounts’ and is the first company to combine the speed and flexibility of blockchain finance with the acceptance of traditional currency. They also offer secure Bitcoin and Litecoin wallets, supported by online and mobile applications in iOS and Android.
The company started back in 2015 and has offices in London, Singapore, Tokyo, Delaware, Toronto, and Kiev. As of 2017, they have served more than 900,000 customers in over 130 countries.
Want to get your Wirex debit card now? It’s effortless. Just follow these four quick steps:
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