Key Takeaways
- Spend crypto like fiat: Mastercard, Bitget Wallet, and Immersve launched a ‘zero-fee’ crypto card allowing users to spend digital assets like cash at 150M+ Mastercard merchants globally, starting in the UK/EU with plans to expand.
- Near-instant issuance: The card simplifies crypto spending with quick sign-up via Bitget Wallet, with no annual/application fees and no bank account or credit check required; a virtual card is issued instantly.
- Hidden costs still exist: These include crypto-to-fiat conversion markups, ATM fees, and blockchain gas charges.
- Best Card could be Mastercard’s key competitor: Best Wallet and its $BEST token ecosystem may challenge Mastercard, offering a crypto-native wallet, staking rewards, presale access, and plans for its own Best Card.
Mastercard, Bitget Wallet, and licensed issuer Immersve have launched a novel ‘zero‑fee’ crypto card that supports direct spending of digital assets at more than 150M merchants worldwide – anywhere Mastercard already works.
The move will deliver on a long-awaited crypto breakthrough: a bank card that lets you spend crypto like cash. Just swipe or tap your card, and off you go.
The card could be especially useful for dollar-pegged stablecoins, currently a $258B market sector.
Crypto Card Rollout in Europe and Beyond
Initially available in the UK and EU, with plans to expand into Latin America, Australia, and New Zealand, Mastercard’s crypto card enables users to pay with crypto in physical and online stores.
Sign-up through the Bitget Wallet app takes mere minutes: you just need to undergo a basic KYC check and pay a one-off 10 $USDC issuance fee. Immediately afterward, you’ll get a virtual card, with a physical version available on request.
The card is supported by Immersve, a ‘centralized and decentralized’ payment provider. Mastercard provides the network for the transactions.
A True ‘Zero‑Fee’ Model?
No service provider or goods producer does so out of the kindness of their hearts, and Mastercard is no exception.
While card issuance and annual fees don’t apply, there could be deeper costs. Some of those are crypto-specific, such as:
- Crypto-to-fiat conversions, done natively in-app
- ATM withdrawal fees
- Blockchain gas costs, particularly during peak network congestion
Bitget’s ‘GetGas’ feature helps offset or waive some gas fees, but that doesn’t change the fundamental way blockchain operates and may create tensions for Mastercard users who are new to crypto.
The initiative fits into Mastercard’s larger strategy of integrating stablecoins and the broader crypto ecosystem.
With Bitget’s 80M users, will Mastercard’s new crypto card own the emerging crypto card market? Or will an app like Best Wallet, with its Best Card ecosystem, be in a position to compete with it?
Best Wallet Token ($BEST) – Best Wallet App and Best Wallet Card Ready to Challenge for Web3 Dominance?
Best Wallet Token ($BEST) is the latest entry in a growing Best Wallet app ecosystem.
Best Wallet does what it says on the tin – delivers a simple, top-notch crypto wallet experience. With biometric login and MPC, the ability to set up multiple wallets, and a clean, straightforward UX, Best Wallet aims to dominate the rapidly growing non-custodial crypto wallet market.
The $BEST token supercharges the ecosystem, giving bigger staking rewards, lower transaction fees, and governance votes to its holders.
There’s also a unique token launchpad: Best Wallet offers users early access to carefully curated crypto presales. Its Upcoming Tokens section helps you research and invest in the hottest cryptos before they launch for maximum potential gains.
And yes – Best Wallet will launch its own Best Card in the near future. It may not have the reach of Mastercard’s crypto card, but it will be entirely crypto-native, with no external partnerships involved.
Learn more about $BEST and visit the Best Wallet Token presale page today.
From Crypto Card to Crypto Mainstream
Mastercard and Bitget’s zero‑fee crypto card marks a significant step toward practical, mainstream crypto usage.
It’s a step that Best Card will continue, and one that Best Token delivers on right now.
As always, do your own research first – this isn’t financial advice.
This is Bogdan, a crypto aficionado with an appetite for writing, researching, and scanning the market at an unhealthy intensity for anything that would give his readers the upper hand in the trading game.
Bogdan started his writing journey in the ‘Bitcoin is a scam’ era of 2010, which taught him a priceless lesson about the value of research and education, especially on topics that may one day help you build a fortune.
In other words, he missed the OG FOMO train, but he decided a few years later to give Bitcoin another chance, this time with full understanding of the ecosystem’s potential.
So, over the years, he became proficient in everything crypto-related, dissecting notions like Layer 2 upgrades, ETFs, chart predictive patterns, and crypto presales, all the while watching the crypto adoption wave building to a true tsunami.
This translated into hundreds of informational articles, reviews, data mining snippets, and whistleblower pieces, designed to rally investors to some underrated gem in the hope for that once-in-a-lifetime 1000x crypto.
Today, Bogdan splits his time between chart analysis, video games, spending time with his kids, and daydreaming about a tokenized future. Which seems to grow closer by the day.