Crypto Debit Cards And Where They Are Today

Crypto Debit Cards And Where They Are Today

The cryptocurrency space used to be quite enthusiastic about the possibility of having your debit cards. Monaco (MCO) was one of the most hyped projects because people assumed that the possibility of having VISA crypto debit cards or MasterCard crypto debit cards would be quite helpful for crypto adoption in the retail space.

However, the hype had slowly died down due to retail’s inability or unwillingness to use crypto debit cards. They are still much more comfortable with standard debit cards or even direct e-money payment mechanisms from their phones. Is it going to change anytime soon, and where are these crypto debit cards nowadays?

MCO Visa Cards

MCO Visa cards used to be the most hyped Visa debit cards on the planet, especially back in 2017, where everybody was screaming for crypto adoption in the retail sector. Monaco/ executives kept on hyping the project, and they kept telling everybody that this would be the future.

However, after the rebranding to, the focus had started to branch out to other types of crypto businesses, including exchange, app, and lending/borrow mechanism. Of course, the Visa cards themselves still exist and you will be able to get one if you live in the US, Europe, or Singapore. That being said, it’s safe to say that the adoption rate is actually quite slow compared to what people had hoped. itself has its own native cryptocurrency (CRO), which has been doing quite well on the market cap rankings.


This is perhaps the most global crypto visa debit cards on the planet right now. There are not many geo-restrictions for using Crypterium Visa debit card. You can top-up and spend the cryptocurrencies inside your Crypterium cards anytime you want, even if you come from some less known countries that are typically not accepted by other crypto card providers.

Crypterium also doesn’t charge much if you don’t really use the card. If you don’t upgrade the card plan to a Plus or Premium plan, you will be able to enjoy the card without any fee. But of course the maximum limit you can use to withdraw fiat from your Crypterium debit cards will be minimal.

BitPay Card

BitPay is one of the most well-known crypto payment processors on the planet with known traditional customers such as Namecheap and travel agency websites. BitPay has launched its own debit card which allows its customers to instantly reload their card by using cryptocurrencies. Of course the card itself would spit out physical cash if you use it on any ATM machine that accepts Mastercard chips.

The great thing about BitPay is that it also accepts stablecoins (USDC, PAX, and BUSD) to top-up your card balance. This is different from more traditional crypto cards where you have to top-up the balance with Bitcoin or other volatile cryptocurrencies (i.e., BCH and LTC). I can already see that BitPay debit card would become more popular than its competitors due to its stablecoin adoption.

Binance Crypto Card

One of the most anticipated crypto debit cards is the one that comes from Binance, the largest cryptocurrency exchange in the world. Due to the massive amount of funding behind it, Binance is able to promise zero fee for any administrative and processing transactions. They also promise an 8% cashback on specific merchants when you use your Binance crypto debit card.

Binance is able to launch its own crypto card after recently it acquired Swipe, a popular crypto-fiat gateway that has been building its own fiat on/off ramps through multiple gateways (including debit cards). Binance knows how to maximize its revenues through its Swipe division, hence why it’s entering the debit card competition with its own offering. Binance crypto cards will be compatible with any ATM or merchant that accepts VISA cards.