A crypto debit card offers a convenient bridge between decentralized and traditional finance, by allowing users to apply their digital assets toward everyday purchases, with minimal effort. For instance, CEX.IO Card is a debit card that empowers its holders to use 100+ digital assets to pay for goods and services instantly. It is accepted by over 30 million merchants in 150+ countries, where CEX.IO provides its services.

In terms of user experience, crypto debit cards resemble regular bank cards. However, unlike bank cards, they are linked to a crypto payment app, or wallet. CEX.IO Card grants users the ability to access their CEX.IO Wallet balance for in-person and online orders.

When a user makes a purchase with digital assets using their CEX.IO Card, they instantly convert into fiat currency, at the existing exchange rate. The converted fiat currency is then used to complete the transaction with the merchant, just like a traditional debit card.

Participants can monitor their CEX.IO Wallet balance, as well as link preferred assets to spend via CEX.IO Card by using our mobile app. Eligible users can also fund their crypto wallet, transfer, or buy crypto using various funding methods supported on CEX.IO.

Using a crypto debit card such as CEX.IO Card offers several compelling benefits, including:

Convenience — CEX.IO Card eliminates the need for crypto withdrawals by unlocking the ability to use these funds directly for common payments. With a CEX.IO Card, participants can use crypto to make everyday transactions instantly and effortlessly.
Wide acceptance — CEX.IO Card is accepted by millions of merchants in almost every country. With CEX.IO Card, crypto value is no longer limited to peer-to-peer transactions and online payments.
Automated conversion — Participants who elect to enhance their crypto journey with CEX.IO Card will no longer need to exchange crypto for fiat to make payments. Initiating transactions with CEX.IO Card automatically converts the selected digital assets at the best available price, allowing for seamless, instantaneous conversion.
All-in-one payment app — Using crypto to pay for goods and services could require complex apps and services. Our mobile app offers a one-stop, intuitive crypto experience, and functions as a trusted pathway to transacting in a TradFi world via CEX.IO Card. Much like the ability to buy crypto with Google Pay, and use Google Pay to pay with crypto, CEX.IO Card also works in both directions.

CEX.IO Card is currently only available for users from the European Economic Area (EEA), who’ve completed at least address verification on CEX.IO, and provided a phone number with two-factor authentication (2FA) enabled. However, please note that we are continuously working to provide CEX.IO Card access to a broader range of serviceable jurisdictions.

To claim a CEX.IO Card, download our mobile app (if you haven’t done so already), and follow these steps:

Swipe left on the CEX.IO App homepage.
Tap Claim your CEX.IO Card.
Read and accept our Terms of Use.
Select up to four (4) assets to use for payments (Euro is added by default).
Set the currency priority for payments.
This process will unlock your CEX.IO Card. From there, It can be added to Google Pay and Apple Pay to make payments with your mobile device.