Yes, the Oobit Crypto Card is available in India and is used primarily to spend USDT, Bitcoin, and Ethereum directly to merchants, who receive payments in INR. It can be used anywhere a Visa Card is accepted.
The card is backed by Tether, the creator of USDT.
It is a virtual card (no physical card is delivered) that can be added to your Google Pay or Apple Pay Wallet. You can spend money directly from this card.
Cryptocurrencies can be spent directly from the card without having to move or convert them.
How to Apply for the Oobit Crypto Debit Card in India?
You can get the card in four simple steps:
- Download and install the Oobit App from the Google Play Store or App Store(iOS).
- Connect your wallet to the Oobit App.
- Connect the Oobit App to Google Pay or Apple Pay Wallet.
- Tap to pay anywhere a Visa Card is available.
Is it a Credit Card or a Debit Card?
It is a credit card but works like a Debit card where you spend the crypto you have and do not have to take any credit or loans.
Do These Cards Need KYC?
No, Oobit might not require any KYC. We could not find any KYC data on their official website.
Which wallets does it support?
You can easily connect crypto wallets like MetaMask, Trust Wallet, and Binance Account to the card.
Can I use the Oobit card outside India?
Yes, you can use the Oobit card outside India wherever Visa cards are accepted.
Frequently Asked Questions
Are crypto cards legal in India?
Yes, since cryptocurrencies are legal and crypto cards only allow you to spend crypto that you already hold without violating any rules, they are legal.
What other crypto cards are available besides Oobit?
Two more crypto cards that are available in India besides Oobit are the Redot Pay Card and Upay Card.
Will I get a physical card from Oobit?
No, it is a virtual credit card.
How many days do I have to wait for the card activation?
You can start using the card as soon as you connect it to your mobile wallet.
Disclaimer: The current article by The Layer is for informational purposes only and does not constitute trading or investing advice. Please refer to a financial consultant before trading or investing.
