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Why Open an Account with Unbanked?

If you’re interested in investing in crypto, maybe you’re wondering how you can use it once you have it. Learn how Unbanked helps make that an easy answer.

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Cryptocurrency is all the rage right now, and everybody is looking for the next big thing. Unbanked can be your solution for managing your bank accounts, using your debit cards, and even getting rewards every time you spend your cryptocurrency. 

As one of the newest products from the banking industry, this is genuinely a great chance to have a card that could connect you globally to all of your digital assets around the world. This Unbanked review will dive into what makes this so unique compared to other cryptocurrency cards and wallets. 

Things to Consider Before Signing Up for a Crypto Bank Account

Everybody talks about cryptocurrency, but it’s not usually for everybody, especially if you’re not super involved in the industry, to begin with. If you find yourself with no cryptocurrency and no need for a debit card, then it’s likely isn’t going to be for you. This product is designed for those who have a crypto debit card or crypto bank account or would like to finally get one for all of the assets they’d collected over the years.

Individuals who can sign up for Unbanked will reap the benefits of having more control over their assets, being able to spend their cryptocurrency with rewards, and finding a unique solution that helps them spend their money in over 200 countries and territories around the world. If you have a cryptocurrency and are looking for a way to manage it better, you likely will find benefit in this product. Otherwise, it’s time to get some cryptocurrency and start thinking big!

Here are some specific items that you might consider before you buy this product and have it within your wallet:

  • How often do you travel
  • How many cryptocurrencies you have
  • What other debit cards do you have
  • Where you will spend your cryptocurrency
  • What you can use the rewards for

Introducing Unbanked: The New Cryptocurrency Solution

This product is a one-of-a-kind cryptocurrency bank account and debit card. Unlike other wallets that you’ve likely seen as you’re searching for a way to manage your cryptocurrency better, this is something that you can take with you no matter where you are in the world. It’s even available for business solutions, including white-label card issuance, bank accounts, and financial toolkit API’s to help with empowering businesses to use cryptocurrency towards advantage.

What makes Unbanked different from other products is that it’s a modern solution to modern problems and that this is created with the current generation in mind. It is a new approach to modern banking, and it helps fulfill the desire to use cryptocurrency for other purchases around the country and world. 

Additionally, you can use your digital currency in real-time, and you have control over when, where, and how you use it. You can also use this to create your Fiat currency and make its cryptocurrency, which is done by simply sending or transferring funds from wire, ACH, or even credit card.

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The Pros of Unbanked 

There are several reasons why you should use this new crypto debit card and crypto bank account. Here are some of the pros:

  • Free FDIC-insured bank accounts to users 
  • No minimums on the crypto bank account
  • Availability to wire/transfer to family and friends
  • No fees for POS transactions
  • No fees to close accounts

Other Considerations

There are some potential drawbacks that might make an Unbanked account not the right fit for everyone.  Here are some of the policies that you will have to assess before signing up for this crypto debit card:

  • $5 fee for less than $750 in spending
  • Cash withdrawals at an ATM require a $3 fee domestically
  • International withdrawals at an ATM are $3.50 each time

Comparing Unbanked with Crypto.com Cards

There are plenty of other options for digital currency and managing your bitcoin.  One of the most popular options in the European Union and the United States is Crypto.com’s Visa card. Compared with the Unbanked card, the Crypto.com cards offer up to 8% back in rewards and up to USD 400,000 in CRO stake.  There are also multiple options for those who want to choose a specific card, whereas Unbanked lacks a variety of choices at this time.

However, the one downside of the Crypto.com cards is the fact that they are all prepaid. That means they have to be filled every time, and they do not function like debit cards.  These need to be topped off and cannot be attached to a formal bank account.  That is what makes Unbanked a great choice and a way to use your cryptocurrency with ease, honestly.

Features and Benefits of Unbanked

There are so many reasons why people choose Unbanked for their cryptocurrency management. It’s not only highly seamless to convert Fiat to cryptocurrency, but it’s also straightforward to use multiple different currencies with this card. Best of all, this is also integrated perfectly with Apple Pay, Google Pay, and Samsung pay. This makes it very easy for people to use this one on the go, or even when they want to use their credit card from their phone instead of the Crypto debit card.

One of the best benefits of this is the fact that it’s available for business solutions. To this day, there are not many cryptocurrency solutions for businesses, let alone a crypto debit card or even a crypto bank account. This is going to change how people think about currency and likely change how the US and other countries operate and pay for their items. The best part is that it is free to sign up for your new Unbanked card!

Conclusion: A New Way to Pay

Cryptocurrency is all the rage these days, and it’s likely not going to go away. That’s why Unbanked is the perfect solution for anyone looking to manage their cryptocurrency better. Not only does it allow for a bank account and a debit card, but it also allows for seamless conversion of Fiat to cryptocurrency, making it easier than ever for you to use your currency as you wish. 

Additionally, it’s also available in most countries and territories around the world. Check out their website for more information about their public cards and how you can Sign up today to start managing your cryptocurrency in the modern world.

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