Friends in the crypto space have probably encountered the challenge of cashing out digital assets. Want to spend stablecoins like USDT or USDC? Either the channels are unreliable, the fees are outrageous, or the limits are frustrating. Fortunately, Crydit offers a powerful solution—CryditCard, a physical card that supports stablecoin spending, specifically designed for domestic crypto users, with no spending limits and a particularly user-friendly payment method.
Crydit Official Website: https://ucards.org/go/crydit
The Hardcore Background of CryditCard#
Crydit is not a small workshop; it is a Web3 institution collaborating with the Danish National Bank, holding a Hong Kong MSO license, a European VASP license, and has compliance backing from the Danish bank, ensuring full compliance. It has deep partnerships with major brands like Visa, Mastercard, and Binance, with user funds held at the Danish bank and digital assets custodied by COBO in deep cooperation with Binance. KYC verification is also strictly overseen by the issuing institution. In simple terms, you don't have to worry too much about safety and reliability.
CryditCard supports various stablecoins such as USDT, USDC, DAI, and USD1, with consumption scenarios covering the globe. Whether it's subscriptions for Netflix, Uber, or ChatGPT, or top-ups for X or Facebook, it can all be easily handled. What's even more considerate is that it supports mainstream payment methods like WeChat, Alipay, PayPal, Wise, LinePay, Amazon Pay, Grab, Apple Pay, and Google Pay, making it seamless for domestic users.
Two Options for CryditCard: Visa vs Mastercard#
CryditCard currently offers two types of physical cards, issued by Visa and Mastercard, with each issuing institution limited to one card application. Each card has its own advantages, and which one to choose depends on your needs and application conditions.
1. Crydit Visa Card#
- Currency: Hong Kong Dollar
- Card Issuance Fee: $179 (previously $249, now much cheaper)
- Annual Fee: $0, global free shipping
- Top-up Fee: 1% fee for transferring from Crydit account to card
- Spending Fee: 1.5% + 0.8U per transaction
- ATM Withdrawal: 2.5% fee
- Highlights: Binds to Hong Kong WeChat and Alipay for large spending, especially suitable for domestic users. However, it cannot bind to Apple Pay.
- Application Difficulty: Low, only requires an ID card to activate, suitable for beginners.
2. Crydit Mastercard#
- Currency: Danish Pound
- Card Issuance Fee: $199
- Annual Fee: $0, global free shipping
- Top-up Fee: 1.5% + 12U per transaction
- Spending Fee: No additional fees, very cost-effective
- ATM Withdrawal: 2.5% fee
- Highlights: No spending fees, overall low rates, more cost-effective for long-term use.
- Application Difficulty: High, requires proof of address, facial recognition, and dual verification through Paywiser and Sumsub.
The Visa card application is simple, suitable for users who want to get started quickly, especially after binding to Hong Kong WeChat and Alipay, allowing for large spending without pressure. The Mastercard has lower rates and no additional costs for spending, but has a higher application threshold, suitable for experienced users who can provide complete documentation.
How to Top Up? Buying USDT is Super Easy#
To use CryditCard, you first need to top up stablecoins to your account. USDT is the most commonly used option, and there are many purchasing channels, such as:
The specific operation is also simple. Click on the USDT Purchase Entry, enter the USDT purchase page of the exchange, register and log in, select the purchase amount, and then use the withdrawal function to transfer USDT to the Crydit account. The whole process is smooth and can be completed in a few minutes. There are no fees for topping up to the Crydit account, but transferring to the card incurs the previously mentioned fees, with Visa being 1% and Mastercard being 1.5% + 12U.
Why Choose CryditCard?#
- No Spending Limits: Unlike some cards with strict spending limits, CryditCard's limit only depends on the receiving device's restrictions, and domestic users can spend freely after binding WeChat and Alipay.
- Multi-Scenario Support: From subscription services to daily spending, covering mainstream payment scenarios globally, domestic users can easily spend U with WeChat and Alipay.
- Transparent Rates: Although the Visa card has a spending fee of 1.5% + 0.8U, Crydit plans to reduce the total fee to below 2% in the future, while Mastercard has zero spending fees, making it very cost-effective in the long run.
- Compliance and Security: With multiple licenses, funds are custodied at the Danish bank and COBO, with strict KYC verification, ensuring fund safety.
Advice for Domestic Users#
For domestic crypto users, the flexibility of CryditCard is a significant advantage. The Visa card is easy to apply for, and after binding to Hong Kong WeChat and Alipay, it allows for large spending without hassle, especially suitable for those who need to frequently cash out. Although the Mastercard application is a bit more complicated, it has no spending fees, making it the lowest cost option in the long run. If conditions allow, try the Mastercard first; if you want to get started quickly, the Visa card is a better choice.
No matter which card you choose, CryditCard allows you to spend your stablecoins smoothly in the real world. For more details, visit the Crydit official website, where the application process and fee details are clear at a glance!