SpectroCoin is a crypto exchange that undoubtedly attracts a portion of its customer base by offering a debit card. I was intrigued by the information I saw online, so I tried the SpectroCoin card myself and absolutely loved it. Thus, I would like to present the card solution to you and share some of the advantages that will benefit you the most.
Advantages of SpectroCoin card
First and foremost, the main strength of the SpectroCoin prepaid card is the ability to spend cryptocurrencies on the go. Even though the industry has been growing, not every business accepts crypto payments quite yet. SpectroCoin allows exchanging Bitcoin, Ether, Tether, Litecoin, Ripple and some others into Euros and lets you pay on the go, wherever you are.
This feature should be very enticing to crypto holders who are not too keen to use regular bank accounts. Your crypto holdings can be quickly transferred to a card denominated in Euros and used like a regular bank card, whether it be online or offline payments.
As mentioned previously, the card can be used for payments all over the world. Not only that, it can be used for ATM withdrawals and give you access to cash in local currencies wherever Visa is accepted.
The card supports contactless payments, so it is both fast and convenient to use when making small purchases. It also brings a layer of safety on top of convenience, especially in times of a pandemic.
You get the card within 10 working days after ordering, the process is safe and simple as everything is completed on the SpectroCoin website. The card is supported in almost every European country.
The card can be loaded without any fees and the funds will reach your card at any time of the day. This makes it especially useful when you are on the go and need to make a quick payment.
Another benefit that the SpectroCoin debit card offers is free transactions when making euro payments in European territory.
SpectroCoin card fees
Now that we’ve talked about the benefits and touched on free transactions and loading fees, we can talk about further details and fees.
First of all, the process of getting a SpectroCoin card is simple: all that is needed to do is verifying your account information and then activating the card once it arrives. Residents in some countries are not eligible to receive the SpectroCoin prepaid card, so you must check if your country is supported before getting too excited.
The card itself costs €7 and the company offers free shipping (unless an express shipping method is chosen). There is also a €1.15 monthly service fee.
The ATM withdrawal fees are ranging from €1+0.5% in Europe to €1+1.5% internationally. Some extra ATM fees can also be charged for changing your PIN or declined transactions. Point of sale and online payment fees also apply if they are outside of Europe. You can check the full pricing information on the SpectroCoin website.
Overall, the SpectroCoin prepaid card is a great option for crypto holders or traders, as it provides an easy way of spending your cryptocurrencies. Although the card has some fees, the benefits that it brings definitely make it worth a try.
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