They look like credit cards. They are designed as an alternative to “unsafe” online crypto wallets. According to the sales pitch, you upload your crypto currency to one of the cards and store it in a safe spot. The idea is that your card cannot be stolen by hackers. While this is true, the physical cards can be lost or stolen and your crypto cannot be replaced.

I do not own one of the cards and I probably wont any time soon. They are being sold at various places online for around $2.95 to $4.99 from sellers in Florida and New York. On a popular online site, the cards are being sold by two main sellers who both have low feedback scores. The complaints are that the shipping process is slow and that makes me think that they are not actually in Florida or New York and these cards are probably being shipped from overseas.

An online search reveals actual credit cards that use your crypto wallet as backing for loans. If you decide that a cryptocurrency credit card is right for you then you might want to consider one that isn’t being sold on an auction site by someone with 96% feedback. Here are a few to look in to:

TenX: TenX is one to consider if you live in Singapore, Australia, or New Zealand. It does not work in the United States. It is accepted at any store that accepts VISA. Yes, a crypto credit card!

Monaco: This Company offers five Visa cards and bases your credit limit on how much crypto you have in your account. According to blocksdecoded.com “The Monaco crypto credit cards offer some excellent perks for users. Those perks include 100 percent cash back on your Netflix and Spotify subscriptions, cash back of up to five percent, and—depending on which card you have—up to 10 percent cash back on Expedia and Airbnb purchases.”

Nexo: Place crypto in your Nexo wallet and get instant cash. No credit checks needed. No exchange fees, no hidden fees, and no taxes on the loan.Something to look in to next time you want to go on vacation, need home repairs, or need tires on your car,