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Comment by majkinetor | Hacker News Reader

I have a virtual crypto card and gave it to my daughter and she added it to the Google wallet on her android. She uses it anywhere to buy anything. My bank didn't want to open bank account to minor. Everything was set up in 10 minutes. I transfer to her some random coins and it just works.

I also use it myself as a backup abroad when my regular bank foreign account doesn't work for any reason.

I got the card in the middle of the night in 10 minutes.

I think all that is simply awesome.

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Used everywhere to buy everything? Some serious evidence is required to support this claim. I bet she can't even buy candy at your neighbourhood convenience store.

Dude...

I can buy anything anywhere. If it supports regular cards, it supports crypto card.

My first test was to buy candy btw in the local corner shop in the middle of nowhere.

It is really funny how people on HN can be so stubborn.

Is it a Visa or Mastercard then?

https://www.bybit.com/en/cards

You are welcome.

So it is indeed a Mastercard, plus some extra fees:

  What are the fees associated with using the Bybit Card?

  Here's a breakdown of the fees:

  – Foreign Exchange Fee: 1% (on top of Mastercard's exchange rate)

  – Crypto Conversion Fee: 0.9% (on top of Spot trading fees)

  – Annual Fee: None

  – Dormancy/Inactivity Fee: None

  – Card Cancellation Fee: None

  – Card Issuance/Replacement Fee: None for Bybit Virtual Card; 5 USD/USDT for Bybit Physical Card

  – ATM Withdrawal Fee: 2% (applies after reaching the monthly free ATM withdrawal limit of 100 USD)

The fees are more than acceptable for the service.

Wirex is quite nice, though the FX fees are also a bit steep. But at least you get $200/mo ATM withdrawals for free!

https://wirexapp.com/help/article/wirex-fees-1379

https://wirexapp.com/card, or affiliate link: https://ale.sh/r/wirex

Venmo and Coinbase also offer debit cards (Venmo -> Mastercard, Coinbase -> Visa) that work for this purpose. Like OP says it's trivial to get (just open the app, enable the Debit Card feature, read the disclosures (pretty standard stuff but do read them), then add to Google Wallet.)

Fwiw you won't find a supermarket in this country that accepts buying things on credit, much less a local candy store. If that worked for you, it's very specific to wherever you live

I used it in Serbia, Italy, Portugal, Spain, Greece, Montenegro, Austria... not sure what kind of country you're talking about :)

Huh, okay, I didn't know buying things constantly on credit was common in Europe. Certainly not around Netherlands/Germany (so Austria seems odd, they generally share a culture). The only one of these countries I've been to is Italy but I was young enough that it was probably all cash then

It's a debit card.

Not sure what you mean. Nobody buys anything with cache anymore. I keep some cache in my car for bazaar and similar stuff, but all but few stores accept cards everywhere in EU I go. The convenience of having all your cards on a phone is unparalleled.

Ooh! Somehow I thought you meant credit card. No, indeed, normal cards are normal cards. Misunderstanding is entirely on my side

I think there's some confusion here, you can use a credit card and have it processed on the back-end as a debit transaction, for a consumer the distinction is almost unnoticed.

This differs greatly according to global region. Germany from what I've observed is an outlying for noticing the distinction (mostly because they suffered from very high credit card surcharges for decades vs the rest of the world).

Side note, but you can say you have a debit card, then pay with a credit card and usually it will go through. Or vise versa. No idea why they make the distinction, maybe the fees are different but the cashier usually can’t tell.

Your bank does not offer custodial or joint accounts?

I don't want custodial or joint accounts. Then my kids call me to ask about stuff on their accounts. I want them to have their own thing. I want total separation of my own accounts from anything else in the world, including my family.

These of accounts do have read access so you can send all your childrens' phone calls straight to voicemail. :)

Also, you can have complete separation if your accounts are at Bank A, and the dependents are at Bank B.

I'm not trying to convince you, but moreso keep others from making parenting harder than it already is.

You are making it waaay harder than it is :)

I got this in 10 minutes and have 0 maintenance, and you want me to have account at bank A and B which can take days, if not weeks, along with the constant management. I have a life, you know.

Nah, I am gonna keep using a crypto card while my neighbor still waits for a card of the local bank 3 months later, after a tone of back&forth.

None of what you said is true in the US.

How do you get a virtual crypto card?

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