Bitpanda launched a Visa debit card with three asset types

Bitpanda launched a Visa debit card with three asset types
January 27
08:00 2021

Vienna-based European digital asset platform Bitpanda announced a launch of a Visa debit card. The card will allow its customers to pay in fiat currencies, crypto, and even precious metals, CoinDesk reports. According to the company’s website, the card is connected to a user’s Bitpanda account. It is now available for pre-order for residents of countries in the euro area.

The FAQ section on the company’s website suggests that the first batch of pre-ordered cards will be shipped to users in the second half of February. The first card is free of charge for users. Moreover, contactless payments will be possible with Google Pay and Samsung Pay.

Bitpanda calls to its users to become among the first to spend euro, crypto, or metal all with one card. However, cryptocurrency cards are definitely becoming increasingly popular. Having a crypto debit card allows users to spend Bitcoin and altcoins instead of paying for goods or services with fiat money.

Decrypt posted an overview of popular Bitcoin cards to use for online and offline purchases, as well as ATM withdrawals. Among these are cards from Binance, Nexo, and Wirex for European users. In addition, for the US users, there are cards from Bitpay, Paxful, and BlockFi. And Paycent and Coinbase offer cards for users from other regions. Although Bitcoin cards are the majority, altcoins also follow suit, with BlockCard having launched a Litecoin debit card last year.

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