WhiteBIT and Visa launch crypto debit card with cashback

• The WhiteBIT Nova card allows EU users to spend crypto directly with no conversions.
• The debit card offers up to 10% BTC/WBT cashback with customizable daily spending categories.
• Backed by Visa, the debit card supports Apple Pay, with €10K daily and €25K monthly limits.

WhiteBIT, one of Europe’s largest cryptocurrency exchanges and a partner of FC Barcelona, FC Trabzonspor, ESL Faceit, and Visa, has introduced the WhiteBIT Nova, a debit card with cashback rewards in collaboration with Visa.

The debit card will allow European Union (EU) residents to seamlessly integrate cryptocurrencies into their everyday spending, offering a practical and rewarding way to utilize digital assets.

The WhiteBIT Nova card features

Issued by Wallester AS, a leading card issuing platform in Europe, the WhiteBIT Nova card is backed by Visa’s global network. This partnership not only provides extensive acceptance worldwide but also integrates with Apple Pay, allowing for secure and contactless payments.

The card’s daily spending limit is set at 10,000 EUR equivalent, with a monthly limit of 25,000 EUR, offering flexibility for users who wish to use their digital assets in more substantial transactions.

Unlike traditional bank cards, the WhiteBIT Nova card requires no initial deposit to activate, and there are no fees for opening or closing the card. The card can be used both as a digital version, available instantly through the WhiteBIT app and as a physical card, which is delivered within 10 business days for a fee of up to €10.

This flexibility allows users to choose between immediate convenience and traditional card use.

Another of the standout features of the WhiteBIT Nova card is its support for multiple cryptocurrencies, including USDC, BTC, ETH, XRP, SOL, NEAR, ADA, AVAX, WBT, and DOGE. This enables users to spend a wide range of digital assets directly, without the need for conversions.

Furthermore, the card offers up to 10% cashback as a standard feature, paid in Bitcoin (BTC) or WhiteBIT Coin (WBT).

Users can select cashback categories like groceries (1%), food/restaurants (3%), medicine (3%), taxi (3%), pet supplies (5%), and subscriptions (10%). They can adjust these categories daily, allowing them to maximize their rewards based on their spending habits.