If you are a player in the cryptocurrency space and often need to convert digital assets into real-world purchasing power, you definitely need to check out Crydit, a Web3 financial platform. Crydit is an institution that works closely with the Danish National Bank, issuing physical cards that support stablecoins globally, with full compliance, holding a Hong Kong MSO license, a European VASP license, and a Danish banking certificate. It also collaborates with major financial and payment institutions like Visa, Mastercard, and Binance. In simple terms, Crydit helps you convert digital assets like USDT, USDC, DAI, and USD1 into physical cards that can be used for direct purchases, covering mainstream payment methods like WeChat, Alipay, PayPal, Apple Pay, and Google Pay, and can even be used to recharge subscriptions for Netflix, X, Uber, and ChatGPT, making it super convenient.
Crydit Official Website: https://ucards.org/go/crydit
Crydit Physical Cards: Dual Choice of Visa and Mastercard#
Crydit offers two types of physical cards: Crydit Visa and Crydit Mastercard, issued by Visa and Mastercard respectively. Each issuer can only apply for one card, and the application process and fee structure differ, so let’s discuss them in detail.
Crydit Visa: Hong Kong Dollar Card, Suitable for Large Purchases#
Crydit Visa is a recently launched Hong Kong dollar card, with an opening fee of $179 (previously as high as $249, now significantly reduced). There are no fees for recharging to the Crydit account, but there is a 1% transfer fee from the account to the Visa card. When spending, the Visa card incurs a fee of 1.5% + 0.8U, making the overall cost relatively high, around 2.5% + 0.8U. However, the biggest highlight of the Visa card is that it can be linked to Hong Kong WeChat and Hong Kong Alipay, supporting large purchases, which is a game-changer for domestic users! Imagine using USDT for large payments directly on Hong Kong WeChat or Alipay, with virtually unlimited spending scenarios. However, note that the Visa card currently cannot be linked to Apple Pay.
The application threshold for the Visa card is relatively low; you only need an ID card to complete the process, making it suitable for users who want to get started quickly. If you value simplicity and speed, the Visa card is definitely a good choice.
Crydit Mastercard: Lower Rates, Stricter Application#
Crydit Mastercard is an early launched Danish pound card, with an opening fee of $199. The transfer fee to the Mastercard is 1.5% + 12U, but there are no additional fees when spending, making the overall rate significantly lower than that of the Visa card. The application process for Mastercard is stricter, requiring proof of address and facial recognition, and passing dual KYC verification through Paywiser and Sumsub, which is quite challenging. However, once activated, the Mastercard has lower usage costs, making it particularly suitable for long-term users.
Common Features: Flexible Spending, Global Free Shipping#
Whether it’s Visa or Mastercard, Crydit cards have no annual fee, and physical cards are delivered globally with no shipping costs. Both recharging and spending support mainstream stablecoins like USDT and USDC. ATM withdrawal fees are 2.5%, and spending limits depend on the receiving device's restrictions, offering great flexibility. Both cards support linking to WeChat and Alipay for spending, making it easy for domestic users.
How to Choose? Consider Your Needs!#
For domestic cryptocurrency users, the biggest advantage of Crydit cards is the seamless conversion of digital assets into real-world purchasing power. If you are looking for large purchases, especially if you want to make significant payments using Hong Kong WeChat or Alipay, the Visa card is the first choice, easy to apply for, and suitable for beginners. If you prioritize low rates and don’t mind a strict KYC process, the Mastercard is a more economical choice, saving on fees for long-term use.
Crydit plans to reduce the overall cost of the Visa card to below 2%, although the specific timeline has not been set, this is good news for users. Regardless of which card you choose, Crydit's compliance and security are reassuring, with user funds stored in the Danish bank, and digital assets custodied by COBO in deep collaboration with Binance, with KYC information strictly verified by the issuing institution, ensuring safety and peace of mind.
How to Get USDT to Recharge Your Crydit Card?#
To use the Crydit card, you first need to have USDT. Purchasing USDT is very simple and can be quickly done through the following platforms:
- OKX USDT Purchase: Easy to operate, suitable for beginners.
- Binance USDT Purchase: Globally recognized, high trading volume.
- Huobi HTX USDT Purchase: Established exchange, stable and reliable.
- Gate USDT Purchase: Diverse options, convenient for recharging.
The specific operation is also very simple: click on the USDT Purchase Entry, follow the page instructions to register and log in, select the amount of USDT to purchase, and after payment is completed, transfer the USDT to your Crydit account using the withdrawal function. The entire process is smooth and can be completed in a few minutes.
Summary: A Great Helper for Cryptocurrency Users#
The Crydit physical card is a great choice for cryptocurrency users looking to cash out, especially for domestic users, as the spending scenarios covered by WeChat and Alipay are extensive, easy to operate, and compliant and secure. The Visa card is suitable for players seeking large purchases, while the Mastercard is better for users who prioritize low rates. Whether you are a beginner or an experienced player, Crydit can meet your needs. To learn more, hurry to check out the Crydit official website!