The Best Crypto Debit Cards for 2023

Howdy investors!

Today, we're bringing our freshly updated list of top crypto debit cards in 2023. Rewards, benefits, fees... we're giving you all the info you need to make the right decision.

On top of that, we're happy to release our latest Investor Scorecard this month on DeFi token Compound (COMP) . This feature, only available to our Premium members, breaks down the highs and lows of COMP to help you decide if this is still a worthwhile investment.

Finally, a hack of Vitalik Buterin's X account spelled significant losses for unsuspecting enthusiasts, talk of a bitcoin ETF continues, and Coinbase CEO Brian Armstrong offers commentary on why crypto will be a "hot topic" in the 2024 U.S. election.

And now, let's jump in!

Best Crypto Debit Cards for 2023

Investor Takeaway: Crypto credit cards function much like their traditional counterparts but have several upsides that make them incredibly attractive for crypto enthusiasts. Much like a credit card, crypto investors can use crypto debit cards to earn rewards while enjoying the freedom of spending their crypto in a broader financial context.

Crypto debit cards are a lifesaver for consumers who want a simple way to use their crypto for expenditures in the real world - something that, on its own, is only sometimes the most straightforward proposition.

Unlike crypto credit cards , you are not spending money you don't have. Think of these as prepaid or gift cards loaded with crypto instead of cash.

Not all cards are created equal, however. That's why we provide our continually updated guide to the best crypto debit cards including perks, compatibility, and rewards.

Here, we've updated our ratings of the best crypto debit cards to let you know which to consider in 2023.

Read on for our top picks >>

Premium Power-Ups

New Blockchain Investor Scorecard: Compound!

Compound (COMP) is a lending and interest rate protocol using the dedicated COMP (Ethereum) token to borrow and trade Ethereum across variable interest rates.

Additionally, COMP serves as a governance token for the Compound DeFi platform, giving token holders the right to propose and vote on changes to the system.

It makes for a great use case for DeFi and governance... but does it mean COMP is an excellent investment? Our analysts used our industry-leading Blockchain Investor Scorecard, and here are the results.

Premium members: View the Compound (COMP) Investor Scorecard here.

(Not a Premium member? Sign up today ?to access our complete library of crypto scorecards, token analytics, and other exclusive content to make you a better investor.)

Must Read

Why a Bitcoin ETF is a Big Deal (Coinmonks)

Investor takeaway: This article highlights that a U.S. spot bitcoin ETF would simplify the complex investment process for institutions, while making it easier for retail investors to include bitcoin in their portfolios.

Accordingly, approving a spot Bitcoin ETF could be a pivotal moment for institutional and retail investors, catalyzing bitcoin's mass adoption. As crypto goes mainstream, expect the prices to go higher.

Scammer Steals Nearly $700,000 by Hacking Crypto Founder Vitalik Buterin's Twitter Account (The Street)

Investor takeaway: Vitalik Buterin, co-founder of Ethereum, experienced a security breach over the weekend when his Twitter account was hacked. The hacker posted a malicious link that led to the theft of over $690,000 in digital assets from users on X, the platform formerly known as Twitter.

For investors, our simple buy-and-hold strategy will keep you from jumping on bandwagons and clicking malicious links.

Coinbase CEO on Why Crypto will be a "Hot Topic" in 2024 WH Race (Yahoo! Finance)

Investor takeaway: Coinbase CEO Brian Armstrong discusses the company's future plans and the crypto industry's challenges. He highlights the recent launch of Coinbase's Base L2 blockchain network and expresses interest in flatcoins, a new form of stablecoin. He also addresses the need for more regulatory clarity in the crypto industry.

This call for clarity in regulations could be a big topic for the 2024 elections, according to Armstrong. If this is the case, be ready for roller-coaster price swings (but given our current political environment, we don't think crypto will be the central focus of anyone's campaign).

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