Spectrocoin Review

Spectrocoin Review: Does It Really Work?

One of the main goals of cryptocurrencies is to give the users financial freedom. People nowadays are transacting and making payments using bitcoins and other major tokens.

Since not all people are tech-savvy, crypto debit cards are used to transfer money, make payments, and convert dollars into bitcoin in an easy and hassle-free transaction.

Crypto debit cards can be used on a regular basis for purchases and payment transactions. Since it is linked to either MasterCard or VISA, it makes the card more appealing to some people.

In this article, we are going to review one of the famous crypto debit cards in the market – the Spectocroin debit card. This card has been making quite a buzz in the community, and in this review, we will weigh the pros and cons of the crypto debit card, an overview of its highlighted features, and learn how it works to provide convenience to bitcoin users.

Availability USD, GBP, EUR
Supported Currency Bitcoin
Card Options Physical Card
Card Type Visa
Fees Low
Native Token No
Perks/Bonuses No

Spectrocoin is a crypto debit card, crypto exchange services, and a cryptocurrency wallet. This debit card will allow you to add some funds into your debit card and then make use of it to pay for the goods in the stores, just like how you would use your regular debit card.

However, the glaring difference between the two is that the Spectrocoin debit card will draw money from your crypto balance instead of the fiat balance. You can use this debit card in purchasing from online stores, in paying for your meal at restaurants, or pumping gas in stations, or paying for your bills online. There is no limit as to where you can use this debit card, as long as the store or the establishment accepts payment via VISA.

Here are the following benefits that you can enjoy with the Spectocroin debit card:

It has no spending limit

It is compatible with both iOS and Android

No charge for any inactivity

No charge for any declined transactions

No purchase fees for any online transactions

However, the only downgrade of the Spectocroin debit card is that it charges a loading fee and requires a minimum load amount. It also costs a foreign exchange fee, so it might not be an ideal choice for people who are planning to use their debit cards to convert different currencies.

Fees, Limits, and Incentives

There are spending and loading limits that you need to observe with using your Spectrocoin card. The restrictions will depend if you are a verified or an unverified user. If you want to become an authenticated user, you are required to submit your passport or any primary identification card, and your utility bill to get approved.

You are also required to pay for a USD 9.00 fee in order to gain your plastic bitcoin debit card. Compared to other bitcoin debit cards in the market, the SpectroCoinis the cheapest option available. It is suitable for customers on a budget.

Also, if you want to utilize your debit card for a purchase from abroad and you are required to pay a fee different from your currency, you will also pay an exchange fee of 3%.

For instance, if you own a British pound card and you want to use it in Europe to purchase a pair of shoes in Euros, you are required to pay a 3% fee on top of the shoe’s price.

There is also a fee when you use this crypto debit card in withdrawing from ATM machines. It has the same rate of your fiat card. The USD 2.50 is a fixed price that you are going to pay each time you withdraw money from ATM.

Signing up for the card means you need to pay for the monthly fees, too. Users of the Spectrocoin debit card are required to pay a monthly fee of USD 1.00. But if your card is inactive, you will not be charged the monthly payment. It will only be considered inactive if the balance of your debit card reaches zero.

On the brighter side, the shipping of the card requires no fee or charges. It is free, and it will be automatically shipped to you after you have ordered and paid. In just three weeks, you will get your physical plastic crypto debit card that’s ready to use.

But if you want to express the shipping, you are required to pay for a fee, but you will get your crypto debit card in just five days.

The application for this crypto debit card is made available on android and iOS devices. Keep in mind that this application is designed to effectively manage your wallet and any transactions of the Spectrocoin account, not the crypto debit card per se.

In case you are worried about the security, the Spectrocoin operates on two-factor authentication. It allows you to set up an account fast and hassle-free. It also provides additional protection to your account and wallet. Instead of the traditional password, your account is heavily protected with the Spectrocoin security system to ensure that there would be no transactions using your card without your knowledge.

Concluding Remarks

Spectrocoin debit card provides a promising experience and convenience to bitcoin users. It is easy to use, sold at a cheap price and can be accessed as soon as possible.

The only downside to this debit card is the painfully slow process of verification. It may take a while to verify your account, but once you are approved, you can enjoy the benefits that come with a verified account.

This crypto debit card can make your life easier. If you are a bitcoin user, looking for a crypto debit card that you can start with, the Spectrocoin debit card is highly recommended. With its easiness of use, heavy security system, and a low price, this debit card is worth investing in. It is ideal for beginners in the crypto world who want a no-nonsense and hassle-free transactions when purchasing a product online or offline.