Crypto Cards

How To Spend Your Crypto?

3 years ago

How To Spend Your Crypto?

There are two ways to spend your crypto. First, you can spend it directly at a limited number of retailers. Second, you can connect your balance to a crypto debit card and spend funds anywhere that accepts it.

How Do Crypto Debit Cards Work?

Crypto debits cards are the easiest way to spend crypto. They let you spend your currency much in the same way as you spend your cash: simply swipe the card to pay for goods, all while avoiding high transaction fees.

For example, you can use the Elitium Crypto Card in any store or at any ATM that accepts Visa, giving you 46 million places to use the native cryptocurrency EUM. And every time you spend on the Elitium Crypto Card, you’ll earn cashback rewards in EUM.

The Elitium Crypto Card will first be available to users based in the European Economic Area — before becoming available to the rest of the world.

Which Stores Accept Crypto?

A small number of companies already accept cryptocurrency as payment (often, processed by a third-party provider, so check transaction fees). These include space travel pioneers Virgin Galactic, charity Save The Children, and global travel agent Expedia. That said, a crypto debit card is the easiest way to spend your crypto in the real world.

Learn more about spending your crypto: read about the Elitium Crypto Card.