Finally, A Real Decentralized Self-Custodial Crypto Debit Card (And It's Not Metamask...)

Finally, A Real Decentralized Self-Custodial Crypto Debit Card (And It's Not Metamask...)

By Bfab | Good vibes | 19 Aug 2024


Alright, let's spill some tea. I know you're probably thinking MetaMask is the first self-custodial crypto debit card, right? Well, guess what? It's NOT.

Personally, I've been using Gnosis Pay card. It is truly aligned with the decentralized ethos. There is a small fee, but you can get a full discount by using my referral link: https://app.gnosispay.com/signup?rcc=1369a9b31f96&utm_source=referral&utm_campaign=clsohpq8l011811l3v7oxshhg

The first step to start is to get xDAI, which is the native stablecoin of Gnosis chain pegged to the US dollar. Getting xDAI was simple for me:

1) At first, I got some free xDAI (needed to pay the first transactions) directly on Gnosis chain by using this faucet: https://faucet.gnosischain.com/  

2) Then, I bridged 0.01 ETH (my Publish0x rewards) from Optimism using Jumper Exchange (potential airdrop) that redirected me to Connext bridge:

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For the Gnosis Pay card, I needed EURe, another stablecoin but pegged to the Euro. Therefore, I swapped some of my xDai for EURe, and voilà, I was ready to roll. The card itself was surprisingly affordable, and with my referral link, you can even get it for free until August 23rd!

What I love most about Gnosis Pay card is the feeling of empowerment. It's not just about spending crypto; it's about owning my keys, my funds, my financial freedom. Plus, the card works seamlessly, whether I'm grabbing a coffee or booking a flight. Although it's self-custodial, gas fees are very low.

Furthermore, there will soon be up to 4% cashback by depositing some GNO in the Gnosis Pay Safe... A bit like Crypto.com, but self-custodial!

If you're curious about exploring the Gnosis ecosystem and experiencing the magic of self-custodial payments, I encourage you to give it a try. The community is welcoming, the technology is solid, and the possibilities are endless. And hey, if you use my referral link, we both get a little benefit...

As usual, there is no financial advice here. I'm just sharing. I personally think that holding crypto is cool, but finding a way to spend it is even better.

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