Turning cryptocurrency into fiat currency and then converting it into cash or using it with a card has become relatively easy nowadays. However, there was a time when this process was quite complex, especially for those who wanted to avoid taxes on their crypto earnings. With the emergence of numerous crypto debit cards, everything has become much easier.
Crypto.com Visa Debit Card
During the 2021 bull market, the Crypto.com debit card was probably the most widely used and recognizable crypto card out there. They did an outstanding job marketing those cards, and their design was excellent. They offer seven different colors for the cards, and by locking up €350 worth of $CRO (around 5200 $CRO) for six months, you can level up to the Ruby Steel card and start receiving 1% cash back in $CRO tokens each time you use the card. There are three higher tiers available, but they require you to lock up €3,500, €35,000, and €350,000 for the Royal Indigo & Jade Green Steel colored card, the Frosted Rose Gold & Icy White Steel colored card, and the Obsidian Steel colored card, respectively. These amounts are quite large and may not be worth it because the $CRO token is used only for rewards, lockups, and paying fees on the exchange, so its use is limited. When topping up your card, they charge a fee of €20 for each top-up, so it's best to top up with smaller amounts. They might also charge an extra 1% fee on the top-up, and they have a transaction fee for using the card, as well as a 2% fee for ATM withdrawals. While it was once a dominant card due to its ease of use, I wouldn't recommend it now.
Wirex Card
I have used the Wirex Mastercard a lot, and I like that it's easy to use. You can also buy and trade cryptocurrencies, but its main purpose is the use of the card, and they are really good at it. You can send fiat and crypto to any mobile number that has a registered account. They also offer up to 8% cashback if you lock up WXT tokens and pay a monthly subscription fee. For the first paid tier, you need 150,000 WXT, which is currently worth around €550. While I don't know much about the token, I believe it's used just like $CRO for internal use only.
Binance Card
Binance Card is my go-to card nowadays. By locking up 1 BNB, you get a 2% cashback in BNB, and there is no top-up fee. You can choose to take funds from any wallet, so you don't have to keep an eye on your funding wallet constantly. ATM withdrawals have up to 0% fees, plus the ATM fees, which are around €2.5. The spending limits are quite high, with €8,700 worth of buying and €290 worth of ATM withdrawals daily. So for now, I find it the best one available in Europe, especially in Greece.
Revolut
While Revolut is not a crypto card, it was the go-to card for crypto holders in its early days because it offered buying and selling crypto, ATM withdrawals, and more. I don't use it for crypto transactions unless it's an emergency, but overall it's a great card.
I am also waiting for the Kucoin Card , Mexc , Gateio cards to launch and see what they have to offer.
Some notable mentions are Coinbase card that is not available in europe i belive , BlockCard , Unbanked , Brex 30 Card , Fold Visa Prepaid Card.
One thing to always have in mind treat centralized exchanges like ATMs and not like banks get their cards and store just enough amount of crypto to spend for 4-5 days at most. Not your keys not your cryptos.