https://blog.whitebit.com/en/whitebit-nova-is-born/

The WhiteBIT Card: Your Path to Crypto Spending with Bitcoin Cashback

By KMatt | Blogging Crypto | 18 Mar 2025

WhiteBIT, a widely recognized cryptocurrency exchange with a strong platform and rich selection of trading opportunities, is building out its ecosystem with the launch of the WhiteBIT Card. This new card allows users to easily incorporate their cryptocurrency balances into their day-to-day spending, providing a strong option for consumers who want to use their digital assets to make purchases in the physical world. Let's take a closer look at this new offering.

What is WhiteBIT and How to Apply for the WhiteBIT Card:

WhiteBIT is a leading cryptocurrency exchange that provides a secure and easy-to-use platform for buying and selling many digital assets. The WhiteBIT Card is a physical card linked to your WhiteBIT account, so you can spend your cryptocurrency money anywhere Mastercard or Visa are accepted.

Purchasing the WhiteBIT Card is a simple process, typically done via the WhiteBIT platform (either the website or mobile application). While the procedure may slightly vary, it typically involves:

Logging into your WhiteBIT account: Ensure that you have a registered WhiteBIT account.
Visiting the "Card" section: Look for a particular section dedicated to the WhiteBIT Card in your account dashboard.
Fill up the application form: Complete the personal information required and agree to the terms and conditions.
Identity verification (if required): You may need to complete a few more stages of verification during the application process.
Ordering the card: Once your application is accepted, you can proceed with ordering the actual card.
Loading Funds on the Card and Physical Card Charge (10$):

It is simple to fund your WhiteBIT Card and requires transferring cryptocurrency from your WhiteBIT exchange wallet to your linked card account. This can be completed within the WhiteBIT app. You can designate which cryptocurrencies you wish to use with your card. When you make a purchase, the fiat amount required will be automatically converted from your selected cryptocurrency at the prevailing market rate.

Note that there is a 10 USD one-off payment for the WhiteBIT Card physical card. The fee is normally deducted from your WhiteBIT account balance upon ordering.

WhiteBIT Card Bitcoin Cashback 10% (up to 25 EUR):

Perhaps the most attractive feature of the WhiteBIT Card is its cashback program. Buyers can earn 10% cashback on purchases, in Bitcoin (BTC) form. This is a true incentive to use the card for everyday purchases.

But do not forget to watch out for a cashback limit. WhiteBIT Card is capped at a maximum cashback of 25 EUR per month. This means that while the 10% rate is fine, the quantity of Bitcoin that you can redeem back in a single month is capped at the equivalent of 25 EUR.

Fees and Expenses of WhiteBIT Card:

It is worth knowing the charges that come with the WhiteBIT Card. While what is presented here does not cover all potential fees, the below are some common considerations and observations made in the initial text:

Zero Cost of the Card (Initially): The text mentions a "cost zero" for the WhiteBIT Card without locking up any assets. This is a significant advantage over some of its competitors.
Conversion Fees: As the card does not currently support fiat spending directly, there are conversion fees when your cryptocurrency is exchanged for local fiat currency at the point of sale. These should be taken into account when purchasing.
International Transaction Fees: The article states that international transaction fees may be higher in some cases than some of the competition. This is something you might want to take into account if you plan on using the card a lot for purchases outside of your primary zone.
ATM Withdrawal Fees: Unlike some of the other crypto cards, the WhiteBIT Card does not have free ATM withdrawals. You will pay fees if you withdraw cash from an ATM with the card.
Purchase Limits: WhiteBIT Card purchase limits are reasonable, putting it competitively with some of the other options in the market.

Final Thoughts:

The WhiteBIT Card is an interesting proposition for cryptocurrency investors who wish to bridge the gap between their cryptocurrencies and everyday spending. The 10% Bitcoin cashback alone is definitely a huge selling point, especially against the competition. While the maximum 25 EUR per month cashback is positioned alongside offers like the Crypto.com Ruby Steel card (which, as an aside, includes locking up a significant amount of CRO), the WhiteBIT Card separates itself in that it offers this without locking up any assets – a major differentiator over the likes of Crypto.com and Nexo. The cashback in BTC (or WBT on request) is also a standout feature, with in-house building of a highly ranked cryptocurrency, as opposed to Crypto.com native tokens (CRO), Bybit (USDT), and Nexo (NEXO).

The current limitation of not being immediately spendable using fiat is a significant factor. This will necessitate cryptocurrency conversions at the time of buy, which will carry with them associated costs and the risk of generating taxable events. However, the future ability to spend in EUR anticipated will be revolutionary, eliminating these conversion charges and simplifying the user experience.

While the WhiteBIT Card lacks free ATM withdrawals, its high purchase limits make it ideal for most types of spending. Higher international transaction fees than competitors are something to note for frequent international travelers.

Overall, the WhiteBIT Card appears to be a good investment for savvy investors. By applying it strategically as part of a combination of other crypto cards, customers can effectively accumulate a decent amount of cryptocurrency without having to pay in advance, effectively accumulating a portfolio of digital assets. The secret is to apply the right tool to the right kind of transaction, and the WhiteBIT Card's plentiful cashback in Bitcoin as an incentive for everyday use makes it very appealing as a go-to spending option, especially after the direct EUR spending option is implemented.