VILNIUS, Lithuania – Crypto cards are gaining traction as a viable payment method, mirroring traditional spending habits.
The global crypto credit card market, valued at USD 1.3 billion in 2024, is projected to reach USD 220.46 billion by 2033, growing at a CAGR of 8.6%, according to a recent report.
WhiteBIT is a European cryptocurrency exchange, has recorded over 1 million transactions with its Visa-enabled card, WhiteBIT Nova.
The data show that crypto card users are engaging in spending patterns similar to conventional cardholders, with purchases spanning everyday essentials, entertainment, and luxury goods.
USDC, Bitcoin (BTC), Ethereum (ETH), and WhiteBIT Coin (WBT) lead transactions.
WhiteBIT Nova owners are using their crypto to shop at brands such as Spotify, YouTube, Booking, KFC, Ryanair, Farfetch, and PlayStation. Luxury retailers like Cartier, Balenciaga, Gucci, Dior, and Louis Vuitton are also seeing significant engagement.
Everyday purchases dominate, with groceries, food & cafés, and subscriptions leading crypto payments.
Cashback is a key incentive for WhiteBIT Nova card users, with top categories including essentials (groceries, food & cafés, subscriptions), leisure & entertainment (taxi services, entertainment, gaming), travel & lifestyle (auto expenses, airlines), and wellness & everyday needs (pet-related purchases, medicine).
88.52% of WhiteBIT Nova card users prefer the virtual card, aligning with the global trend of digital wallet adoption.
WhiteBIT is the largest European cryptocurrency exchange by traffic, offering over 730 trading pairs, 330+ assets, and supporting 9 fiat currencies.
To know more about WhiteBIT, visit the website.
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