We’ve always said that we need crypto to integrate into the real world. Today, with the limited number of onchain use cases we have, one of the best ways of doing so is through payment solutions. Have you ever had a lot of crypto but don’t want to bother offramping it to spend it?

Well, that’s where crypto debit cards come in. There’s a limited set of solutions out there today, each with different fees and value propositions. However, one of the best is RedotPay, a crypto debit card integrated with Apple Pay.

In this article, we’ll dive into:

• Spending crypto like fiat

• The benefits

• How it works

• The competition

Spent Crypto Like Fiat

What’s the point of making all that money trading crypto if you can’t spend it?

Introducing, RedotPay.

A personal debit card, where whatever you spend in the real world is instantly taken from your crypto wallet. This crypto wallet supports all major tokens, including USDT, USDC, BTC, and ETH.

In addition, it supports instant deposits and withdrawals, so tokens you send to the wallet to spend aren’t permanently stuck there. This gives you amazing flexibility.

Think the market is going up and want to spend less so you can buy more? Easily withdraw your money back to your normal wallet. Lastly, whenever you do want to send some tokens to spend, you get a unique address to do so.

So now we’ve explained where the crypto part comes in, what can you actually use RedotPay for?

Ooo boi. Did I mention you don’t need to convert your crypto to fiat to spend it?

Lets talk about the payment experience. There’s instant credit settlement, which means your payments go through as fast as a normal card payment. Oh, speaking of normal card payments, RedotPay is integrated with Apple Pay and Google Pay. So you don’t even need to bring out the physical debit card. If that all isn’t good enough, there is zero deposit and withdrawal fees.

If you’re not a pay by phone type of guy, RedotPay just launched their physical Visa card. To apply for one, it’s as simple as going through a few steps in the mobile app. Once you receive your physical card, you’ll be able to withdraw from ATMs globally and also use your card in person.

The card itself is supported by Visa. Yep, the Visa that you know and love and that is accepted by 100M+ merchants worldwide.

And if you think this is all a bit too out there for you, fret not.

Your crypto is held in custody by an independent licensed trust in Hong Kong, and all users go through a biometric ID verification so that everyone stays compliant with KYC and AML regulations.

The Competition

What is the competition for Redot Pay?

One option that users have is CEX debit cards. For example, Coinbase has a crypto debit card, and crypto.com also has such a debit card.

If you remember the peak of the bull market, crypto.com’s debit card was fairly popular with users. However, to be eligible for higher tier cards, one had to lock up $CRO, the official CEX token. And unfortunately, that token is down 94.42% from ATHs. That’s pretty disastrous if you only wanted to use the debit card for its free Spotify and Netflix benefits.

On the other hand, you have a solution such as Gnosis Pay.

However, unlike Redot Pay, users must transfer assets to Gnosis Chain, a special L2 that Gnosis runs for various services. This is a pretty exhausting user experience. Initially, Gnosis Pay only launched with support for EURe, vastly limiting the universe of tokens that a user can spend for fiat.

That’s what makes Redot Pay such an outlier solution that hits the mark for ease of use and functionality.

Our deal for you

As part of a new initiative, Redot Pay is giving away $1M USD. Yep, you read that right, one million dollars. Want part of the $1M? Don’t be late. Make your account right now.

New users get a $5 reward just for joining.

If you join early, you also get to unbox a mystery box, with every box guaranteeing a win.

Not enough for you?

You can invite verified users and earn more boxes.

What are you waiting for? Join Redot Pay today before it’s too late.

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