WhiteBIT and Visa Launch Crypto Debit Card with Cashback in Europe

Highlights:

• WhiteBIT and Visa launched a debit card enabling crypto payments with up to 10% cashback and zero service fees.
• The card supports multiple cryptocurrencies like Bitcoin, Ethereum, and Dogecoin for seamless everyday transactions across Europe.
• Users enjoy flexible digital or physical cards with integration options like Apple Pay for convenient and secure payments.

WhiteBIT has collaborated with Visa to introduce a debit card that will allow users to make cryptocurrency transactions in Europe. The WhiteBIT Nova card allows users to get up to 10% cashback on all purchases and accepts over ten cryptocurrencies. This is an initiative that seeks to bring in cryptocurrencies into the everyday financial operations.

The card does not require any deposits for activation and does not have any fees for opening, maintaining, or closing an account. There are two types of cards which users can opt to have, the digital card or the physical card. The physical card provides for cash withdrawal at ATMs and has limits of withdrawal of €10,000 per day or €25,000 per month. In addition, one can link the digital version with Apple Pay for easy and secure transactions.

Welcome WhiteBIT Nova, a WhiteBIT Visa debit card that allows you to use multiple cryptos for spending when paying for goods & services, whether with a physical card or through your digital wallet with Apple Pay.

Support of 10 cryptos, up to 10% of true cashback in BTC or WBT,… pic.twitter.com/tTOiNyylfp

— WhiteBIT (@WhiteBit) December 10, 2024

WhiteBIT and Visa To Offer Seamless Crypto Payments and Cashback

WhiteBIT Nova card is a convenient way to spend cryptocurrency for goods and services. They include Bitcoin, Ethereum, USDC, XRP, Dogecoin, among others. Users also have the ability to choose their preferred payment methods and the order in which they want their spending balances.

This card has one of the best cashback rewards among other cards in the market. Some of the categories that are entitled for cashback include food, eating out, the various subscriptions, and pet products with cashback percentages of between 1% and 10%. Daily, users are allowed to choose three categories for the best results in receiving the rewards. The cashback will be given in Bitcoin or WhiteBIT Coin (WBT) and can be withdrawn once the amount reaches 5 USDC.

Furthermore, the card’s referral program motivates the users to be active. For every friend who signs up and activates the card through the user’s referral link, the user gets one USDC, with a maximum of fifty USDC. In this program, both the referrer and the new user are in a position to benefit.

Expanding Crypto Utility Across Europe

The WhiteBIT Nova card is one of the best examples of how traditional and digital finance are slowly coming together. The collaboration with Wallester AS, a Visa Principal Member, and regulated by the Estonian Financial Supervision and Resolution Authority brings trust to the platform.

Apple Pay integration also improves the convenience and the ease of use of the card. It enables users to use their digital assets to make transactions securely at any merchant that accepts Visa. Physical cardholders can withdraw cash at ATMs, with a maximum withdrawal limit of €3,000 per day and €15,000 per month.

According to WhiteBIT’s CEO, Volodymyr Nosov, this card will help to popularize blockchain among the general public. “This is an accessibility card that brings crypto into the mainstream and turns it into a tool for the future we want to see,” he said.

The WhiteBIT and Visa collaboration aligns with WhiteBIT’s broader mission of promoting blockchain technology and simplifying cryptocurrency use. Its zero fees, robust cashback program, and seamless digital integration position it as a practical choice for cryptocurrency enthusiasts in Europe. The card is now available for EU residents. In addition, verified users can set up their cards through the WhiteBIT platform and start spending immediately.

In October, Visa and Coinbase introduced instant crypto funding for U.S. and EU cardholders. This feature enables real-time transactions, allowing users to buy or sell crypto without delays. Moreover, the integration enhances Coinbase Wallet functionality with secure and faster deposits. In addition, it aligns with evolving regulations to simplify cryptocurrency access for eligible users.