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The card gives users instant access to their crypto assets, making purchases seamless. Along with the card, users will also receive a self-custody wallet and individual addresses for each of their assets. This ensures that their funds remain secure while still being easy to spend.
Other cool features include spend alerts, freeze card capability in case of loss, and PIN change options at any moment. It will have the maximum level of security and control; one will be able to use crypto for everyday spending without stress.
However, different from traditional bank cards, the Avalanche Visa Card isn’t connected to any bank and FDIC doesn’t insure it. There is no need to report transactions to any credit bureaus, so they won’t ding your credit score. This gives users more freedom, though it requires them to be responsible in their spending.
First issued in Latin America and the Caribbean, the card is not available to residents from countries including Cuba, Venezuela, and Russia among others.
The Avalanche Visa Card is another step in making crypto as easy to spend as cash, reflecting its increasing adoption in daily life.
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