Chaincard

This cryptocurrency wallet provides users with a debit card, enabling them to spend their crypto holdings on everyday purchases. By linking the wallet to a standard debit card, users can seamlessly use cryptocurrency at any point-of-sale system that accepts card payments.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Existing cryptocurrency users face friction when trying to spend their digital assets in everyday transactions due to limited acceptance at traditional points of sale. Converting crypto to fiat currency can be a cumbersome process, often involving exchanges and transfer fees.

Solution

ChainCard provides a cryptocurrency wallet linked to a debit card, enabling users to seamlessly spend their Bitcoin, Ethereum, and other supported cryptocurrencies at any merchant that accepts VISA. The wallet facilitates instant conversion of cryptocurrency to fiat currency at the time of purchase, eliminating the need for pre-conversion and simplifying the spending process. Users can also earn yield on their BTC and ETH holdings through a savings account feature within the wallet, and swap between different crypto assets directly in the app.

Target Audience

The primary target audience consists of cryptocurrency holders who seek a convenient and accessible way to spend their digital assets in everyday transactions, as well as those looking to earn yield on their crypto holdings.

Features

Debit card integration for spending crypto at any VISA-accepting merchant
Instant cryptocurrency-to-fiat conversion at the point of sale
Support for Bitcoin, Ethereum, and USD funding
In-wallet asset swapping functionality
Savings account feature offering up to 3% APY on BTC and ETH holdings
Mobile app for managing spending preferences and account settings