Crypto.com Launches Visa Card in Canada

Crypto.com, a pioneering payment and cryptocurrency platform, announced on last Friday that Canadians can now apply for its Crypto.com Visa Cards which will begin shipping to Canada in January.

Prior to this, the company launched its visa card in Singapore in October 2018, and it made headlines with the launch in the US in July 2019. The latest destination for crypto.com was Europe as the platform launched its card in the region in April this year.

According to the official press release posted by the company, the cards feature a sleek, high-end metal design and are loaded with perks: No annual or monthly fees, no-fee ATM withdrawals, no foreign transaction fees, 100% rebate for Spotify, Netflix, and Amazon Prime, airport lounge access for selected card tiers, and up to 8% back instantly in CRO rewards.

​Customers can reserve a card in the Crypto.com App, which has a three-minute onboarding process that includes ID verification. Applicants will be notified when their card is ready to ship, and check on its issuing status in the App.

It is noted that Crypto.com Visa Debit cards are loaded with fiat, not crypto assets. All transactions are denominated in fiat currency.