At a Glance: Crypto Debit Cards Wirex, Crypto.com & TenX Compared
Want to spend cryptocurrencies in the real world? Check out three of the main crypto debit card issuers in Singapore — TenX, Crypto.com and Wirex.
Here’re the key deets TABUL8TED!
TenX
TenX is a Singapore-based blockchain company and the issuer of a prepaid Visa card that lets users spend their cryptocurrencies on the go.
Although TenX launched in Singapore much earlier than Crypto.com and Wirex, they support far fewer currencies and impose higher set-up fees than the other two.
Users have to pay S$15 for the physical card or S$1.50 for a virtual card. Users who spend below the minimum threshold of S$1,000 per year must pay an annual fee of S$10.
Crypto.com
Crypto.com is a Hong Kong based blockchain company which also has offices in Singapore.
Apart from the basic Midnight Blue card featured above, Crypto.com also higher card tiers which are made of metal. The higher card tiers come with higher MCO rewards on card spend for users who Crypto.com’s native token (MCO). “Stake” or “Staking” means the holding of the MCO in your wallet for an agreed period of time.
Haven’t signed up with crypto.com yet? Sign up with this referral link and we both get USD 50 upon successful account set-up.
Wirex
Wirex is headquartered in the UK and is the newest entrant to the crypto debit card space in Singapore. They announced the launch of their cryptocurrency debit card in November 2019 at Singapore’s Fintech Fest 2019.
Sign up with Wirex here, buy some crypto using your credit/debit card, and we’ll both earn free Bitcoin!
Crypto cards aren’t the only means of earning cryptoback that is gaining traction. There are a number of cryptoback apps / browser extensions (Lolli, Pei, Fold) offering U.S. shoppers cashback in bitcoin or satoshis. Read about them here.
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- Read TABUL8TOR’s beginner’s guide to blockchain, cryptocurrencies, cryptoccurrency exchanges, cryptocurrency wallets.
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***Disclaimer: This post is for informational purposes only and does not constitute a recommendation to buy cryptocurrencies. Please do your own due diligence before taking any action.
