[00:02] crypto cards that you can use to pay for and spend your cryptocurrencies here in Mexico.  I only have two cards in my hand .  This is because one of them is not yet available on a physical card, but it probably will be soon
[00:16] .  In this video I will talk about my real experience as a user after using it for nearly 2 years.  Today I will not focus on marketing or the benefits that platforms claim to have, but rather on the
[00:30] benefits that are actually used in everyday life.  Of course, if you'd like to delve deeper into any of these cards, I'll also leave you a video where I talk about them in detail. Let's begin.  Before we get into
[00:42] some key points.  For me, when selecting or using a important thing is the exchange rate.  When I make a purchase with one of these cards, my goal is to obtain the same value
[00:58] I have in the crypto world, to obtain it in the real world.  At the time of recording this video, each dollar is worth 17.60.  Using that exchange rate as a reference, if I have $100 in the crypto world, I want to obtain
[01:15] its equivalent value in the traditional world, which would be 1,760. Aside from the exchange rate, another thing I like to look at is the profits.  Since it's a crypto card, I don't ask for much, just
[01:28] that it lets me spend my cryptocurrencies at the best possible exchange rate.  But if that card offers some other benefits, such as cashback, refund money, availability with Apple Pay, or the ability to withdraw
[01:41] money from ATMs, then that's even better.  Before we go into each of those cards, I should mention that these cards are prepaid, which means that in order to use them, you first have to fund them with
[01:53] cryptocurrencies and then you can use them.  Let's start with the Crypto.com card.  Of all these cards, this one is the most beautiful; it's metallic and simply looks divine.  Crypto.com offers many cards, but to make
[02:07] this comparison fair, I'm going to focus on just two.  This is the most basic one, and it's also the one I have.  The most basic one, well, you simply order it, okay?  That card offers you absolutely nothing more than spending
[02:21] your cryptocurrencies and that's it.  The one I have in my hands, which is this one called Rubid Steel.  This twearla you already have to lock $500 in Crow.  Crow is the token of Crypto.com.  It currently costs 9 cents.  If you lock in this amount
[02:36] for 12 months, you will receive 2% cashback up to $25 per month.  After those 12 months, you will be able to withdraw the $500 and keep the card.  But let me clarify that if you withdraw it, you will no longer
[02:50] receive that 2%.  This card, despite being the most beautiful of all, is the one I use the least.  This is because it offers the worst exchange rate compared to Google's exchange rate .  This card allows you to withdraw
[03:04] $400 free of charge per month from ATMs, with a limit of $10,000 per month.  But when you use it, the exchange rate isn't ideal.  Visa charges you or gives you an exchange rate 2% lower than what it's worth on Google.  In other
[03:20] words, if you have $00 and multiply it by the exchange rate on Google, you expect to receive in real-world value 2% below that amount. You request that card from the Crypto.com application.  Here you go with
[03:34] cards and you can order it and it will arrive in one to two weeks.  And to use it you simply have to fund your crypto.com account.  But here you have to take an extra step.  Since you're already on your card, you need to top it up, that is,
[03:47] transfer money from the Crypto.com app to the card.  But for me, the final straw, and the reason I do n't really use it, is because when you recharge it, you end up paying a commission on the PUN,
[04:02] which I find very high.  So, taking this as a reference, the exchange rate offered by Visa plus this 1% they're going to charge you, you're really losing about 3% of the value of your money in the real world.  If you'd like to
[04:15] learn more about that card and see all the details, I'll leave a video for you above.  Now let's move on to the MetaMask card.  This card is not currently available as a physical card, it is only available as a
[04:28] digital card.  To use it, you can add it to your wallet, just like I have it, and make your purchases. This is a Mastercard.  This card is a decentralized card; it is not controlled by an
[04:42] exchange.  To place the order, you also need to verify your identity.  In fact, mentioning require you to verify your identity.  Once you verify it, you simply need to have a MetaMax wallet and then you'll
[04:56] connect your wallet, okay?  with the card and you can start using it.  You can use and spend the balance you have in your wallet on your card. Now, let me show you some of the details of this card.  I've only made
[05:10] one purchase with the card and I really liked it.  As soon as it 's available as a physical card, I'm going to order it.  I spent going to order it.  I spent 627 Mexican pesos at a restaurant and for
[05:22] 627 Mexican pesos at a restaurant and for that purchase I received a discount of 35.28 USDC.  When I made this purchase, the weight was 17.98. That means that if I multiply the exchange rate of that day by 35.28
[05:37] USDC, it would give me an equivalent of 634.33 Mexican pesos.  What I paid at the restaurant was 627 euros. That means that from the amount that MetaMas deducted from me, which in pesos was
[05:51] 634, I subtract what the restaurant charged me, which was 627, the restaurant charged me, which was 627, there is a difference of 7.33.  If we divide that difference of 7.33 by 634.33, it
[06:07] 634.33, it gives us an equivalent of 1.15%. This means that both MetaMas and Mastercard are giving me an exchange rate 1.15% lower than what is on Google.  This is
[06:19] much better compared to the 2% that Visa is offering me with the Crypto.com card.  This card will not cost you anything to have it, or even to order it.  You can order it completely free, well, at
[06:33] least the digital one, which is the one I have. And they'll also offer you 1% cashback on all your purchases.  Of the $35 that Metamax charged me, they are $35 that Metamax charged me, they are returning $35, which is 1%.  So,
[06:46] as they say, I'm really going to end up paying 34.93. That 1% is pretty good too.   I personally really liked that card and as soon as the physical card is available I'm going to order it
[06:58] favorite card, the one I use basically every day, and that's the Bybit card, or Bit Card. That card is also a Mastercard.  which offers a very good exchange rate.  It's not 1.15%
[07:13] 1.15% down like Metamas, it's 1.5%. That 1.5% discount is still better than what Visa offers, but that card is much easier to obtain and it is also available as a physical card.  It
[07:26] simply says to create an account on Bybit and verify your identity.  I'll leave the links in the description and then you just order it.  And here you simply fund Vivit and then you pay from there, either with the cryptocurrency of
[07:39] your choice, I pay with USDT and all your purchases will be deducted from the balance you have in USDT in your BBIT account.  In addition, the balance you have in BBIT account.  In addition, the balance you have in USDT will generate 6% interest.
[07:53] As for cashback, it is one of the main benefits.  This card offers a fixed cashback of 2%, regardless of whether you use it or not.  If you use it more, as in my case, if you spend more than 3,500 per month, it offers you
[08:08] a 4% cashback, which is what I currently have.  Last month I had several expenses and they are currently giving me this percentage of cashback. If you are a new user, you can receive up to 10% cashback for the
[08:23] first 30 days.  To do this, you simply have to request it using the link in the description, deposit at least $100, and that's basically it.  Just to clarify, this 10% cashback is limited to $150 and that cashback
[08:37] rewards center.  In fact, everything you see here is the cashback I've earned with the card.  Here you can see the type of cashback you are receiving and the amount you are being given.  As for the limits, this card
[08:50] allows you to spend $3,500 per day, $ 27,000 per month, and $270,000 per year, which is quite high.  As for cash withdrawals from ATMs, you can withdraw 600 a day, which is what I do, because they charge a
[09:05] 2% commission there.  So, we need to be aware of that commission. You can withdraw 1800 per month and 13,500 per year.  And of course there's the digital card that I already showed you, and there's also a virtual card, which is the one you're looking at
[09:18] show you the transactions.  You can look at the dates.  Like I said, I basically use that card every day.  Just like the wallet and pay at establishments easily.
[09:33] In conclusion, my least favorite is Crypto.com.  It's very pretty, but I end up paying close to 3% and that seems like a pretty high percentage to me.  Of course, if the other two cards didn't exist, I would probably
[09:45] use it to make my purchases.  As for my second favorite card, this is the MetaMas one.  That card is decentralized, but that also means it's Because?  Because apart from verifying your account to order the card,
[09:59] you also have to create a MetaMask wallet and send funds to that wallet decentralized wallet.  But even so, I think it's a pretty good card, and as soon as it's available as a physical card, I'm going to order it.  As for the
[10:13] best option, for me it's the Bybit card.  It offers a very good exchange rate, gives you at least 2% cashback, is available on a physical card, is also available on a virtual card, and pays you interest on
[10:25] the UST you keep on the card. The limits are also quite high.  You can withdraw cash from ATMs.  I usually withdraw money at Banorte bank.  It really is everything I need in a crypto card
[10:37] because the 2% I might pay in fees and commissions I recover with the cashback they offer me.  I even receive more.  So I'm going to leave the link to the cards in the description.  If you have any questions, you can leave them
[10:49] best to answer.  Also, if you'd like to continue learning, I Seven Incomes community.  Okay, you can follow us on Instagram for short educational content or join the community on Telegram.  Or if you
[11:02] prefer, you can join the WhatsApp group where you can interact with the links mentioned in the description, and you'll also see a couple of videos here.  In that one I talk about the Crypto.com card and
[11:14] in this other video I talk about the Bybit card.