Visa, Mastercard and Elo are struggling to integrate the cryptocurrency market with their cards using bitcoin and other new digital assets.
With an increase of more than 300% per year, bitcoin investors are looking for ways to conveniently spend their digital assets with old cards. With the proposal to integrate the old and the new economy, many companies already offer this service in Brazil.
In addition to the simplicity in spending your bitcoins, many of the solutions provide cashback, promotions and discounts for their customers.
For this reason, we have created a list of the 5 best cards in the Brazilian cryptocurrency market:
Alter is one of the fastest growing companies in the market in recent years, mainly due to the ease of buying and selling digital assets there.
With the purpose of being a bridge between the traditional market and the cryptocurrency market, the company has a card integrated with the Alter account, which gives its users several advantages, such as cashback.
Opening an account and most of the services offered are free, operated under the Visa brand.
We talk more about the Alter card and its advantages in this post here .
Novadax also has a card that is fully integrated into its cryptocurrency account at the brokerage.
Registration, annuity, withdrawals via TED, TEF and several other functions are free. The advantages increase when the user already buys at the brokerage house and moves more than R$5,000 per month (Silver member), which entitles the user to three free withdrawal operations on the 24-hour network or creation of a bank slip.
There are also cashback campaigns encouraging the use of certain cryptoactives and constant and exclusive promotions for those who have the card.
As the user moves more money on Novadax , the more advantages he will have. To order the Novadax card, you must have a brokerage account and place the order by clicking here .
The Crypto . com is a broker that is still little known in the Brazilian market, but with great success internationally.
Recently, in partnership with Visa, it announced a cryptocurrency prepaid card for Brazilians.
With no annual fee, Crypto.com cards offer up to 8% cashback, 100% refunds on services such as Netflix, Amazon Prime and Spotfy (according to platform rules) and do not have fees.
“We want to serve as a bridge between the crypto ecosystem and our global network of 80 million merchants. We are happy and excited to be working with platforms like Crypto.com, which are looking to make it easier for users to use their digital currency balances wherever Visa is accepted.” – said Cuy Sheffield, head of Visa for cryptocurrencies, commenting on the integration with the broker.
Uzzo is a Brazilian startup that gives you the possibility to create a rechargeable virtual or physical card and multi-currencies using points, bitcoins or reals.
Under the Elo banner, Uzzo Pay gives you up to 1% cashback. There is no annual fee or maintenance fee. It also allows withdrawals from the 24-hour Bank network at a rate of 7.90 per transaction.
Zro Bank Card
Zro Bank comes with the proposal of a digital account operated via chat (chatbank), offering a Visa debit card that can be loaded with bitcoins or reais.
The company offers 0.5% bitcoin cashback using the card, in addition to free withdrawals on the 24-hour network, issuing bank slips and TEDs.
There are future plans for the integration of international accounts and the possibility of sending and receiving dollars via the SWIFT system.
Content 5 cards for use with bitcoin and cryptocurrencies in Brazil first appeared in Cointimes .