How to gamble using crypto debit cards

In crypto casinos like Bitcasino, you can instantly purchase crypto using your credit/debit cards through our on-ramp services. In seconds, you can play your favourite high roller casino games using the best cryptocurrencies, such as Tether (USDT) and Bitcoin (BTC). No need to buy coins on another site—deposit crypto straight to your account via your debit/credit card and start playing.

Learn more about crypto debit cards, how they work, how to get one and why you should use them for gambling below.

What are crypto debit cards?

A crypto debit card is similar to a traditional debit card but for digital assets. It bridges the gap between crypto and the traditional market, where people can use their cards for everyday crypto transactions. 

To use crypto debit cards for payments and withdrawals, you must first link your wallet to it. Then, you can use the card to instantly pay for purchases. 

Most Centralised Finance or CeFi crypto exchanges partner with major payment providers like Visa or Mastercard to offer crypto debit cards that can be used in markets online and worldwide. 

CeFi exchanges, like Coinbase and Binance, are crypto and blockchain companies that operate like traditional financial systems. A private central authority controls them and makes protocols for users to follow. Moreover, they act as custodians to users' crypto, like a bank to account holders' funds.

How crypto debit cards work

Using a crypto debit card is easy. All you have to do is access and deposit crypto through an app or a website. Then, when you purchase something in fiat, your card provider will instantly convert your crypto and transfer the cash to the seller. It’s as easy and seamless as using a traditional debit or credit card but with minimal transaction fees. 

Crypto debit cards come with fees that vary depending on the provider. These include monthly maintenance fees, crypto ATM withdrawal fees, foreign transactions and more. 

Some will charge initial card issue fees while others will not. There are also providers that will require you to buy their native token. When buying one, look for a crypto debit card that charges a few fees.

Pros and cons of using crypto debit cards

Undoubtedly, crypto debit cards make transactions more versatile for users. If you regularly use crypto for purchases or gambling. However, you have to always be mindful of crypto’s high price volatility and its risks.

Here are the benefits and drawbacks of getting one:

Features of crypto debit cards

If you are thinking of getting a crypto debit card, here are some of the best features it can offer:

1. Rewards

Crypto debit cards offer rewards like crypto cashback that can increase your earning potential. Binance has the most rewarding cash back rewards with up to 8% BNB cashback for crypto debit cards. 

2. Supported cryptos

Most crypto debit cards support popular cryptocurrencies like USDT and BTC. Binance and Coinbase’s cards support 15 and 8 cryptos, respectively. 

3. Availability

Most if not all crypto debit cards are available worldwide. You can use them anywhere Visa and Mastercard are accepted. However, eligibility is limited. European users can get all Coinbase, Binance and Wirex cards. American users can get Coinbase and Wirex cards, while some countries in Asia Pacific can also use Wirex.

4. Secure and safe

Most Bitcoin debit cards have advanced security features such as two-factor verification, biometric scanning and mobile codes, making them as secure as most major credit cards. Cardholders can also instantaneously freeze or cancel their card, generally using a mobile app.

The top 3 best crypto debit cards in the market

When choosing which card to get, consider the pros and cons, priorities and restrictions discussed in the previous section, aside from their compatibility with gambling. Below, we’ve listed the top crypto debit cards in the market, all from reliable and fully tested providers.

At the time of writing, we’ve added the card details for each provider below. However, keep in mind these may change in the future.

1. Coinbase

Image from Coinbase.com

Coinbase debit card is one of the trusted crypto cards, especially since you can use it anywhere Visa is accepted. It supports up to eight different cryptos and features robust security.

Additionally, you can directly link your Coinbase card to your Coinbase wallet, which means you don’t have to preload crypto, unlike other crypto debit cards. In this sense, your Coinbase card can work similarly to MetaMask which you can connect to your browser for easier online transactions.

2. Binance

Image from Binance.com

Binance is one of the top picks for crypto debit cards because of its cash back rewards that reach up to 8%. Similar to the Coinbase card, the Binance debit card links directly to your Binance wallets, making it easier to use for transactions such as gambling with Binance. 

3. Wirex

Image from Wirex.com

The Wirex card is one of the best options for frequent travellers as it supports over 150 fiat currencies and 37+ cryptos. Moreover, Wirex offers lots of perks for cardholders. These include free ATM withdrawals, cashback of up to 8% and the ability to earn interest on cryptocurrencies like BTC and ETH. Also, Wirex offers free international ATM withdrawals, zero monthly fees and free fiat-to-fiat exchanges.

Summary and comparison of the best crypto debit cards

Here’s a summary showing how each card differs based on their fees, the number of supported cryptos, cashback reward percentages and availability:

How to apply for a crypto debit card

If you’ve decided which one to get, it’s time to apply for a card. Here’s how you can apply for a crypto debit card:

1. Choose a crypto exchange where you want to get a card from.

2. Create an account or sign in.

3. Fund your crypto wallet.

4. Go to their ‘Card page’ where you can apply for one.

5. Input all the needed information, such as your name, shipping address and contact information.

6. Accept the Terms and Conditions.

7. Finalise the process and wait for your card to be shipped to you.

8. Once you have your card, you can use it to make purchases and withdrawals.

Before you can use it, certain card providers ask users to authenticate their identity. Others require users to buy a card or invest in the card's local currency. 

Should you gamble using crypto debit cards at Bitcasino?

Gambling with Bitcoin becomes easier if you use a crypto debit card. You’ll have more versatility since you won’t have to go elsewhere to buy crypto and then send it through your wallet. You can do both in one easy process at Bitcasino.

Aside from that, many card providers offer cashback and reward points to sweeten the deal. So not only do you get seamless transactions, but you also get crypto rewards for using your card.

Besides the rewards you can get from the providers, Bitcasino also offers rewards and promotions to all our players. First-time depositors can get a 20% welcome cashback of up to 10,000 USDT. 

How to deposit crypto using your debit/credit cards at Bitcasino

Making a deposit using your card at Bitcasino is easy, and you can do it from your phone if you want to. Simply follow these simple steps and begin playing your favourite casino games:

1. Click the ‘Deposit’ button at the top right corner.

2. Choose the cryptocurrency you want to deposit.

3. Go to the ‘Buy Crypto’ tab.

4. Choose the ‘Onramper’ payment method.

5. Select your currency and which crypto you would like to purchase.

6. Fill in the amount you would like to deposit.

7. Choose ‘Debit card’ from the payment method options.

8. Fill in your email address or mobile number to sign up or log in.

9. Retrieve the code sent to your contact method and fill it in on the webpage.

10. Fill in your details and click continue.

11. Review your payment details.

12. Fill in your card details and finalise the process.

13. Once it’s done, wait for the funds to reflect on your account.

Use your debit card for easy gambling at Bitcasino

You can get many benefits like cashback from using crypto debit cards. They’re a quick, easy, and, most importantly, safe way to fund your Bitcasino account. Try it for yourself! Register at Bitcasino to enjoy hundreds of casino games, receive perks and deposit and withdraw funds easily. 

FAQs about crypto debit cards

Can you get a crypto debit card?

Anyone can get a crypto debit card as long as they follow the provider’s requirements. Some require a KYC verification process.

What are the benefits of a crypto debit card?

Crypto debit cards allow you to use your crypto in everyday transactions without hassle. You can use these to purchase anything with your crypto, just like how you would a traditional card.

Moreover, you don’t need to open a bank account to have a crypto debit card. You only need a crypto wallet from the exchange platform and to follow the providers' requirements. Lastly, some providers offer crypto cashback rewards for every transaction.

Are crypto debit cards safe?

Crypto debit cards have advanced security features such as two-factor verification, biometric scanning and mobile codes, making them as secure as most major credit cards. 

Where can I use a crypto debit card?

Bitcoin debit cards are issued jointly with major credit card providers, like Visa and Mastercard, and may be used online or in-store wherever they are accepted. 

Cardholders can also withdraw cash from any ATM that the credit service supports. You may also use it to fund your gaming account at crypto casino sites.

Words by: Barbara Menorias