Exodus, a leading self-custody crypto wallet, has teamed up with Baanx Group to bring crypto spending into the real world.
The beta card debuted at BTCVegas, a big step for crypto debit card payments going mainstream. A full rollout is planned for over six million Exodus users in 2025.
This collaboration reflects a broader trend: turning digital assets into everyday financial tools. The card allows users to spend from their crypto wallets without giving up custody of their funds. That’s important in a post-FTX world, where self-custody is no longer just a feature. This kind of products are a priority.
For years, crypto holders have mostly held on to their assets, waiting for long-term gains. Spending crypto in the real world has been clunky or limited to a few merchants. This new card changes that dynamic. With support for stablecoins, users can now make purchases without worrying about price swings in Bitcoin or Ethereum.
More importantly, users stay in control. Unlike traditional custodial cards, this one doesn’t require handing over your keys or storing funds with a third-party exchange. Instead, transactions pull directly from your Exodus wallet. That means users can retain full ownership of their assets while still enjoying the convenience of tap-and-go payments at millions of merchants worldwide.
The 1inch card is a crypto debit card available in select countries, issued by licensed partners, that lets users spend their crypto easily. It stands out with exciting features like up to 2% crypto cashback on every purchase, rewarding users in popular tokens such as 1INCH, USDT, BTC, or BXX.
Plus, cardholders can borrow against their crypto assets with a loan-to-value ratio of up to 10% at a 0% interest rate, allowing access to fiat funds without having to sell their crypto holdings.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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