I’m interested in sharing my view on these ‘crypto debit cards’ that seem to be around these days, as well as hearing what you guys think.
Personally, there’s definitely a need for something like this – IMO what’s the use in having cryptocurrency if you can’t spend it? Sure, some online merchants and a handful of stores are accepting it, but I want the freedom to spend it anywhere.
However. I’m very wary of giving up ownership of my tokens/crypto.
With that in mind I’m currently testing out two crypto cards which let me retain control of my funds; Monolith(was tokencard) & Plutus
Both are pretty good, though Plutus seems to have a smoother experience overall. Though, I do like what Monolith are doing with their community chest contributions, but will that outdo the 3% cashback with Plutus? I’m going to continue using and will report back.
Do any of you guys use a crypto card? Or is it just: send to exchange -> exchange for fiat -> withdraw