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Cryptocurrencies are quickly becoming a viable alternative to fiat currency. Today, you can use cryptocurrency in place of cash or credit cards to pay for goods and services. However, because cryptocurrencies are still relatively new, they haven't quite reached the mainstream yet.
While some merchants have started accepting them as payment, most retailers don't accept crypto-only transactions. That's where crypto debit cards come in!
Crypto debit cards let you convert cryptocurrency into fiat currency so you can spend it anywhere credit or debit cards are accepted—and that includes all major stores like Amazon and Walmart (as well as millions of smaller ones).
A crypto debit card is a plastic, metal, or even virtual card that allows you to spend your cryptocurrency at any store that accepts Mastercard and Visa-supported credit cards. It's similar to a traditional debit card, but it's linked directly to your cryptocurrency wallet through an exchange operated by the provider.
Since the first crypto debit cards were released in 2017, many people have begun using them as an alternative to cash or credit cards. Crypto-based transactions are often less expensive than traditional methods.
The most important thing to know about crypto debit cards is that you can use them to pay for goods and services. You can also use them to withdraw cash from ATMs, make payments online, and make payments in shops or restaurants. Besides how they are loaded, they work exactly as debit cards issued by banks. In some instances, they offer better avenues for liquidating large amounts of crypto.
Crypto debit cards allow you to spend your cryptocurrency
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