How to get a Bitcoin or Ethereum debit card in South Africa
A number of South African online stores accept payment in Bitcoin, but most brick-and-mortar retailers only accept cash or card.
Cryptocurrency holders looking to spend their digital tokens without converting them to fiat currency, however, can do so with a debit card linked to a virtual wallet.
Cryptopay is an online Bitcoin wallet which allows users to purchase and transfer Bitcoin. The company also offers a VISA debit card, which can be loaded with Bitcoin and used to purchase items or draw fiat currency from ATMs.
The card can reflect either GBP, EUR, or USD amounts, and can be funded by Bitcoin transactions.
Users can order the Cryptopay Bitcoin debit card online through the official website for $15, and the company offers free delivery worldwide. The physical card also has a monthly service fee of $1.00 and a 1% loading fee.
The card can be used without submitting any identity verification documents beyond your billing address, although you will need to verify your identity to remove the transaction and withdrawal limits.
The Cryptopay card can take up to six weeks to arrive in SA, and can be used at any VISA-compatible points of sale.
|How to get a Bitcoin or Ethereum debit card in South Africa
Ordering a cryptocurrency debit card allows you to spend your Bitcoin or Ethereum in South Africa.