Crypterium Card Review — Everything You Need To Know About It
Cryptocurrency cards are great. They let you spend your digital assets on the go, without waiting for funds to hit your bank account. But here is the thing: most crypto debit cards in the market are only available to citizens of certain countries or regions, meaning not everyone is eligible to order one. Frustrating, isn’t it?
The Crypterium Card is the first global cryptocurrency debit card. That’s correct. This is the only prepaid Bitcoin card available to all cryptocurrency holders around the globe. Users of Crypterium App can order one from any spot on the planet with just a few clicks.
This revolutionary service has been created by Crypterium — the world’s first crypto bank — to serve clients globally and enable them to spend cryptocurrencies with ultimate ease. And that’s not all. This card is linked to the Crypterium App, so you can top it up instantly, block or unblock it, change your pin, and monitor your spendings.
How to order a Crypterium Card?
The process to obtain a Crypterium Card is fast and highly convenient. To get started, all you have to do is download the Crypterium App, available for both Android and iOS devices.
Once you’ve registered a new account, you should go the ‘Card’ section at the bottom of the screen and click on ‘Order the card’. The next step is to fill in with your personal details so that the Crypterium team can verify your identity. The identity verification process was created together with Jumio — a leader in this field. To save time, keep the following docs in hand:
Proof of Identity: Passport, National ID or Driver’s License
Proof of Residence: Utility bill, bank or credit card statement
You’re also required to take a selfie with your own signature. After all, one more selfie would not hurt, right? If you’ve uploaded all the information, click on ‘Submit’. The Crypterium team will notify you within a couple of hours. In case you’re required to submit additional documents or retake a picture, you’ll see that right in the app. No need to jump into your inbox.
It’s now time to select your Crypterium plan. There are three options: Basic, Plus and Premium. By default, all users start in the Basic plan, in which you have to pay a one-time fee of $9.99 (CRPT Holders) or $14.99 (non-CRPT Holders) for card issuance. Alternatively, you can upgrade your Crypterium plan to Plus or Premium for as low as $2.99/month and get the card for free. A fair price considering all the benefits these plans offer you, such as a higher crypto-to-fiat transaction limit, more cryptocurrencies available, priority support, savings account, insurance and even a personal manager.
After selecting your preferred plan, you would have to complete with a valid address and choose a delivery method. Depending on destination, the system could offer an express delivery service, together with a non trackable one. Unlike other cryptocurrency cards in the market, this one only takes 3 business days to get to your door.
If you’ve completed all the steps above, the only thing left is check out. Once you pay or upgrade your plan, you’d get an email confirmation from the Crypterium team.
Which countries are supported by the Crypterium Card?
As previously mentioned, the Crypterium Card is the first global solution in the market — a fancy way to say that no matter where you are based or what your nationality is, you can order one.
Where can you use the Crypterium Card?
The Crypterium Card is a UnionPay prepaid debit card. Therefore, you can use it anywhere UnionPay is accepted. Nowadays, there are nearly 23 million merchants connected to the UnionPay network in over 175 countries.
What is the main currency of the Crypterium Card?
The base currency of the Crypterium Card is U.S. dollars. When you top up your prepaid debit card, you’re converting them to U.S. dollars. Exchange rates are provided by Crypterium SX — a powerful AI-based order matching system that monitors top crypto exchanges to choose the optimal rate for each of your transactions.
While people tend to refer to this product as a Bitcoin card, it is much more than that. To date, you can link your Bitcoin, Ethereum and Litecoin balances to the Crypterium Card. As more cryptocurrencies are listed in the app, you’d also be able to connect them to the crypto card.
What are the purchase limits of the Crypterium Card?
The Crypterium team has made its homework to make this card as transparent as possible. There are just two limits you have to keep in mind: $10.000/day or $60.000/month. Okay. Maybe you shouldn’t keep them in mind after all. This limits account for online, offline purchases, as well as ATM transactions.
Crypterium Card Fees
The fees are also pretty straight forward. As this is a worldwide solution, the fees are designed to be competitive on a global scale. Nothing like a good table to prove it...
Is the Crypterium Card safe?
When it comes to security, the Crypterium team takes all possible measures to ensure your funds are always protected by the higher standards. First of all, this crypto debit card is managed to the Crypterium App. You can block it anytime in under 30 seconds. Also, you can change the PIN code. And, of course, there is a 24/7 support team is always ready to help you.
The Crypterium Card also makes sure you data stays protected at all times. The card issuance partner is a respected financial institution in the Philippines, a jurisdiction that isn’t part of the Common Reporting Standards (CRS), which means local banks and authorities aren’t obliged to share your financial information with other jurisdictions.
The bottom line
Sure. The Crypterium Card isn’t the only card in the market. But it is certainly one of the best crypto prepaid cards ever created. It’s distinctive global essence puts it ahead of other well-known players, such as the Coinbase Card (only available for UK residents).
It’s integration with the multi-currency Crypterium Wallet also makes it a highly convenient choice for cryptocurrency traders, gamers or miners dealing with different digital assets at once.