Cryptocurrency users around the world have long bought this commodity to diversify their portfolios, embrace digital currencies, and invest in an exciting new medium. Yet, one core complaint of many users has been that crypto lacks real-world utility. Over the past few years, several major brands have attempted to overcome this roadblock, creating a dynamic ecosystem of crypto-first payments.

Of the 221 million cryptocurrency users around the globe, nearly 40% are spending at least $1,000 per year with their crypto. This figure is only set to expand over the coming years, especially thanks to the proliferation of crypto cards over the past couple of years.

In this article, we’ll dive into the leading crypto cards of 2024, exploring the industry-leading contenders in this sector. We’ll cover:

• Coinbase Card
• Nexo
• Wirex
• Crypto.com Card

Let’s dive right in.

Coinbase Card – Best for Security

The Coinbase Card directly integrates with Coinbase accounts, allowing users who already use its exchange to spend their cryptocurrency at Visa terminals across the globe. One of the primary reasons that the Coinbase Card has become popular over previous years is that it offers eight separate cryptocurrencies, allowing users to spend a variety of coins.

Coinbase has also focused extensively on its security initiatives over recent years, incorporating a range of features like MFA, card cancellation features, card freezing, and more. There is no annual fee for using this card, alongside zero ATM fees for withdrawals. The card also offers users up to 4% cashback.

To further boost the utility of this card, users are able to add it directly to their Apple or Google Pay wallets, creating an instant method of paying with cryptocurrency. Apart from the monthly spending limit, this card is fantastic for users looking to get into the world of crypto spending.

Nexo Card – Best for Crypto Credit

Nexo is a flexible addition to this list that offers a Credit and Debit mode on their card at any time. With the tap of a button, users can switch from spending their GBP, USD, or EUR to Credit mode, where they can use crypto as a credit line. The more crypto a user deposits, the more they can borrow to spend credit without impacting their crypto stores. 

After unveiling an exciting addition to their crypto card, the Nexo Card has been in the news recently. The recent announcement stated that the Nexo Card would offer cashback in Debit Mode, while also tripling cashback rates to an industry-leading 6%. This impressive improvement comes right in time for the holidays, with Nexo hoping to maximize the purchasing power of its customers during this festive season.

Nexo is committed to making their card as accessible as possible, offering a credit line that starts from 0% interest, far undercutting traditional credit cards. Supported by over 100M+ merchants around the globe and offering a monthly ATM withdrawal of up to €10,000, Nexo is a great option for those looking for a dynamic, secure, and user-centric crypto card.

Wirex Card – Best for Broad Crypto Use

The Wirex card is another strong contender on this list, offering an impressive range of 25 different cryptocurrency options for users to select from. They aim to reduce the number of fees on the platform as much as possible, not requiring users to pay for ATM withdrawal fees, issuing fees, or monthly subscriptions. The only fee that Wirex charges to users is a 1% overall fee when funding crypto onto the account.

Alongside their avoidance of fees, Wirex also offers a 2% cashback for crypto payments. While this isn’t as high as some of the other entries on this list, it still provides a useful cashback for individuals who spend with their crypto.

Another feature that sets Wirex apart is its X-Accounts section. This additional section allows users to invest their ETH and BTC into pots, which can generate up to 10% interest. By providing a way for users to increase their crypto while spending on their accounts.

One downside of the Wirex card is that it is only currently avoided in the USA, excluding the millions of cryptocurrency users around the globe. That said, for users in the States, the range of other features makes it a strong contender.

Crypto.com Card – Best for Broad Crypto Use

Crypto.com is a secure platform that boasts over 80 million users, allowing their community to buy, sell, and store cryptocurrency. Alongside their thriving exchange, Crypto.com offers the Crypto.com Visa Card. This card allows users to add cryptocurrency to their account that they can then spend. 

Depending on how much crypto you lock into your account, you’ll receive a different tier of service. For larger amounts, you’ll receive a tier with better cashback earning potential. For example, Midnight Blue, which doesn’t require any staked crypto, has no rewards. But, Obsidian, their highest tier, offers 5% cashback on every single purchase. 

Part of what makes the Crypto.com visa card an attractive option is that it offers a range of lifestyle packages and benefits for its users. For example, each tier offers different benefits, like Netflix and Spotify memberships or airport lounge access.

For crypto enthusiasts, perhaps the biggest advantage of this card is that it supports over 80 cryptocurrencies, making this a dynamic way of utilizing a range of coins at once. 

Final Thoughts

The cards listed in this article represent the very best of the crypto card industry in 2024. Each of the contenders offers a high degree of security, user flexibility, and on-platform features that make buying with crypto a breeze.

If you’re looking for a way of putting your crypto to use without spending it, then the Nexo Card crypto credit line is the way to go. Alternatively, if your number one concern is security, then the Coinbase Card is for you. That said, all of the crypto cards on this list are highly effective and functional, acting as the perfect gateway into crypto-purchasing in the modern age.