Coinbase Cards Vs. Bitpay Cards: A Difficult Dilemma

Reportedly, Coinbase Cards and Bitpay Cards are two transaction giants of the cryptocurrency world – both efficient in making purchases with cryptocurrency assets on the go. However, while both are good, is there any one of them that could strike as the better option for your transactions? Let’s find out.

coinbase cards vs. bitpay cards

Bitpay Cards 

They are designed by Bitpay Inc to ensure faster crypto to exchanges on purchases and transactions. The corporation, founded by Stephen Pair in Atalanta Georgia, features a flexible payment system, high-level security, and instant reloads of your wallet with no additional transaction cost. After you have downloaded your Bitpay app, opened your account, and funded your wallet, you can proceed to request your Bitpay card for easier, faster transactions.

Coinbase Cards 

These cards set you up for the perfect crypto life where all your assets are preserved until you need to initiate an exchange. Its core advantage lies in the fact that you can go completely digital without having to occasionally deal with fiat to facilitate your exchange. You can walk straight into Tesla and make your payment with a Coinbase Card.

Similarities Between The Two

  • Ease of Use: Bitpay and Coinbase cards are designed with an easy-to-use interface. With the cards and the accompanying applications, you can easily plan and reflect on your daily spending and financial transactions whenever the need arises.
  • Daily Spending Limit: Both Bitpay and Coinbase cards have a daily spending limit of $10,000 on transactions.
  • Transaction and Maintenance: Domestic transactions are free on Coinbase cards and Bitpay cards. International fees cost a 3% fee as charges on transactions made on the platforms. No fee is charged on maintenance on either.
  • App Management: Both Bitpay and Coinbase cards afford you the treasured liberty of being able to keep track of all your payment processes and transactions.
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Differences between them

  • Crypto Options: Bitpay cards allow you to top up your accounts with ETH, XRP, BTC, BCH. Coinbase Cards on the other hand allows you to top up your account with BTC, BCH, ETH, XRP, ZRX, BAT, XLM, REP.
  • Card Delivery: If you want a physical card, on Bitpay, you will have to wait for only 5-7 days for delivery. Coinbase cards take 7-10 days to be delivered.
  • Monthly/Yearly Spending Limit: Coinbase has a monthly spending limit of $20,000 and $100,000. Bitpay cards on the other hand don’t have any monthly or yearly spending limit.
  • Top-Up Options: Bitpay allows you to deposit crypto directly, pay with direct deposits or ACH credits. While this is good, Coinbase takes it up a notch by allowing top-ups with SWIFT and SEPA. 

Which is better: Coinbase Cards or Bitpay Cards?

Though Bitpay was created a year before Coinbase, Coinbase cards beat Bitpay in many ways. Several factors come into play when selecting the right payment card: the ease of use, the options available in terms of assets you can handle and control, the charges, fees, and overall benefits you stand to gain from using the card.

These are all areas where the Coinbase card triumphs over the Bitpay card. Sure, both cards are safe and secure payments recognized by the Financial Crimes Enforcement Network (FinCEN). If we had to choose between one of both, no doubt, we would recommend Coinbase cards for your transactions.

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