More and more people hope to convert digital assets like USDT and USDC into real-world purchasing power. For users in mainland China, how to safely and conveniently use cryptocurrency assets for daily consumption or large payments is a key issue. Crydit ( official website ) is a Web3 institution that collaborates with the Danish National Bank, and its CryditCard ( details ) provides users with a compliant and efficient solution. This is particularly advantageous for mainland Chinese users who need to withdraw large amounts. I will discuss why the Crydit physical card is the preferred choice for users in mainland China in terms of functionality, fees, application difficulty, and usage scenarios.
Crydit Official Website: https://ucards.org/go/crydit
Compliance and Security: Making Your Funds More Secure#
The compliance of Crydit is one of its biggest highlights. As an institution with a Hong Kong MSO license, a European VASP license, and certification from the Danish Bank, Crydit collaborates with globally renowned financial or payment institutions like Visa, Mastercard, and Binance, ensuring the security of funds. User funds are stored in the Danish National Bank, digital assets are custodied by COBO, which has a deep partnership with Binance, and KYC information is strictly verified by the issuing institution. This multi-layered compliance mechanism alleviates users' concerns about fund security, especially for those needing to withdraw large amounts, as a compliant platform means lower legal and operational risks.
Two Options for CryditCard: Visa and Mastercard#
Crydit offers two types of physical cards: Crydit Visa and Crydit Mastercard, each with its own features suitable for different user needs.
- Crydit Visa: This is a newly launched Hong Kong dollar card, with a card issuance fee of $179 (previously as high as $249). The application process is simple, requiring only an ID card to complete KYC verification, making it suitable for users looking for a quick start. Its biggest highlight is the ability to bind to Hong Kong WeChat and Hong Kong Alipay, enabling large purchases, which is very friendly for mainland Chinese users who frequently need to withdraw large amounts. However, the fees for the Visa card are slightly higher, with a 1% transfer fee for recharging and a transaction fee of 1.5% + 0.8U, bringing the overall cost to around 2.5% + 0.8U. It is worth looking forward to Crydit's plan to reduce the transaction fee for the Visa card to below 2% in the future.
- Crydit Mastercard: This is an earlier launched Danish pound card, with a card issuance fee of $199. The application threshold is higher, requiring proof of address, facial recognition, and dual verification from Paywiser and Sumsub. Although the application difficulty is high, the fees for Mastercard are lower, with only 1.5% + 12U for recharging and no additional transaction fees, resulting in lower overall costs, making it suitable for cost-conscious users.
Both cards support zero annual fees, global free shipping, and are compatible with mainstream payment methods like WeChat and Alipay. The spending limit depends on the settings of the receiving device, providing high flexibility.
Unique Advantages for Large Withdrawals#
For users in mainland China, the biggest attraction of the Crydit physical card lies in its large withdrawal capability. Especially with the Visa card, once bound to Hong Kong WeChat and Hong Kong Alipay, it can easily facilitate large purchases, whether for online subscriptions like Netflix, X, ChatGPT, or offline spending like Uber and Grab, all seamlessly integrated. This flexibility is essential for users needing to quickly liquidate cryptocurrency assets. Although Mastercard does not support Apple Pay, its low rates and lack of transaction fees also give it a cost advantage for large withdrawals.
To use CryditCard, you first need to purchase digital assets like USDT. It is recommended to buy through the following platforms:
The purchasing process is also very simple: enter the USDT purchase portal, register and log in to your account, select the purchase amount, and then recharge USDT to your Crydit account through withdrawal. There are no fees for recharging to the Crydit account, but transferring to the card incurs fees, which vary depending on the card type.
Application and Usage Recommendations#
If you are new to CryditCard, it is recommended to choose the card type based on your needs:
- Pursuing Convenience: Choose the Visa card, which has a simple application process, suitable for quick access, especially after binding to Hong Kong WeChat and Alipay, making large purchases effortless.
- Pursuing Low Costs: If you can pass the strict KYC verification for Mastercard, it is advisable to choose Mastercard, as it has lower long-term usage costs.
For users in mainland China, both cards support spending via WeChat and Alipay, covering all aspects of daily life. Whether for online shopping, subscription services, or offline spending, CryditCard can easily handle it. For ATM withdrawals, both cards have a fee of 2.5%, which is not low, but considering the convenience of large withdrawals, this cost is acceptable.
Conclusion: Why is CryditCard the Preferred Choice?#
The Crydit physical card, with its compliance, flexible payment methods, and large withdrawal capabilities, has become an ideal choice for users in mainland China to convert cryptocurrency assets into real-world consumption. The Visa card is suitable for users seeking convenience and quick large purchases, while the Mastercard is more suitable for those willing to invest time in KYC verification and seeking lower costs. Regardless of which card you choose, Crydit's compliant background and multi-platform support will provide you with peace of mind.