You’ve probably heard about the Embily VISA card and the Coinbase Card, but did you know that cryptocurrency is coming to your credit cards? Let’s look at how you can start using cryptocurrency today! In this article, we’ll go over the details of each of these new cards. You’ll also learn what you should know about them. In the end, these cards will make it a lot easier to use cryptocurrency for everyday purchases.
Embily VISA card
The Embily VISA card is already available in the UK, but the United States will soon see the service come to your credit cards. Currently, this credit card is available only in the UK, but multiple companies are already in collaboration with Visa and MasterCard to launch similar products. In the UK, Embily cardholders will get a 2% cashback in the form of cryptocurrency, such as the Nexo Tokens. Users of the card can access the facility via their online account.
The Embily Card works with VISA, the most popular payment card in the world. You can use it to make purchases, withdraw cash, and transfer funds. It’s possible to load your wallet with any cryptocurrency and transfer funds within minutes. The Embily card comes in both a plastic and a virtual version. The plastic version has to be shipped before use, while the virtual card can be accessed in as little as 5 minutes.
Embily is planning to launch a physical and a digital version of its card for customers. Embily’s digital card will allow users to load funds from cryptocurrencies and other third-party exchanges. Once loaded, the card can be used anywhere Visa is accepted, and you can withdraw cash from ATMs around the world. The company has received funding through Visa’s Fintech Fast Track program, which aims to accelerate fintech startups into the traditional credit card industry. Visa has previously invested in a handful of prepaid debit card startups, including Deserve and Cardify Me.
Coinbase Card
The Coinbase Card will let you make crypto purchases through your traditional credit card. The card is available to residents of the US and a few other countries, including UK residents. It also eliminates the need for Coinbase’s crypto transaction fees. Currently, the Coinbase Card is available for use in 30 countries. The Coinbase Card also offers contactless payments, two-step verification, and instant card freeze. If you have questions about the Coinbase Card, you can contact customer support by email, phone, or mobile app. The automated system will answer your questions.
Before you can begin making purchases, you must first activate your Coinbase Card. The process of activating your Card is simple: simply sign up for Coinbase, sign in to your Coinbase account, and follow the prompts. You can also deactivate the card through Coinbase’s customer support. The Coinbase Card is available for use online and at merchants who accept the Coinbase platform. For more information, visit Coinbase.com/card.
With the Coinbase Card, you can purchase goods and services using digital currency and earn crypto tokens in the process. You’ll earn 4% back in Stellar Lumens (XLM) or 1% in Bitcoin. This is a great opportunity for wealth-building. And the Coinbase Card is available to U.S. citizens, so you can use it to buy things that you need without breaking the bank.
Embily Card
Embily is a new crypto debit card that allows users to spend cryptocurrencies anywhere Visa is accepted. This card is based on the Ethereum blockchain, which makes transactions safe and secure. Users can also connect as many as five Embily Cards to Apple Pay and Google Pay to receive payments in either currency. Embily is an ideal card for crypto investors of all levels. Embily is regulated by the Estonian financial authorities.
Embily Card users can either obtain a physical plastic card or a virtual one. The Embily system automatically converts crypto to EUR. While many crypto debit cards do this automatically, Embily gives you full control over the conversion and avoids big fluctuations. However, if the exchange rate is not favorable, you could end up losing money. As a result, the company charges a one percent fee each time you top up your card.
Embily offers an introductory bonus of 25,000 EMBLY points after you spend $1,000 within the first three months of card membership. Users also have the option to convert their crypto assets into fiat money. Users of Embily can apply for the card if they meet certain criteria, such as a legal age. Users must also be verified, which is done through a verification process. After being approved, you’ll receive a confirmation email.