Crypto Visa Card Review—Is It Worth It?
As crypto continues to become mainstream, we’ve seen a number of crypto-based credit and debit cards pop up on the market. Some of these cards let you use your crypto balance to pay for real-life goods and bendra sąskaita services. The cards convert your crypto into fiat in real-time. In contrast, كود qr بينانس
others give you various crypto rewards and incentives.
While there are a few crypto cards offered on the market right now, leance leverage perhaps the most popular one is the Crypto.com Visa card. Unlike some of the other cards, hur lång tid tar det binance att verifiera the Crypto Visa card acts more like a pre-paid debit card. You pay cash and receive crypto back as a percentage of your purchases. There are already millions of people using these new crypto credit cards all over the world. Should you?
What does the crypto Visa card offer?
The crypto Visa card lets you earn back a small percent of your spending in crypto tokens used by Crypto.com, called CRO. Every single CRO is worth around $0.10, although this can fluctuate. While there isn't an annual fee involved in signing up for this card, what sets it apart is that the percentage of rewards you receive depends on how much crypto you "stake" with Crypto.com.
There are five tiers and binance thola idatha yomlando each requires you to stake different amounts of CRO for a period of six months where you can’t sell or pundi x幣安 make any withdrawals. The more you're willing to stake in CRO, the better rewards you’ll receive from your crypto card. The lowest level is the Midnight Blue card, which requires no stake and gives you 1 percent back. Ruby Steel requires 5,000 CRO, or $500, and gives you 2 percent back. The next levels are Jade Green/Royal Indigo, binance al paypal Icy White/Frosted Rose Gold, and Obsidian, which give you 3 percent, 5 percent, and 8 percent back on purchases, respectively. The three tiers require you to stake 50,000 CRO, 500,000 CRO, and 5 million CRO, respectively.