When you think of CoinCorner debit card, a physical or virtual card that lets you spend cryptocurrency like cash at any store that accepts Mastercard. Also known as a crypto spending card, it bridges the gap between digital wallets and everyday purchases — turning your Bitcoin or Ethereum into something you can use at the grocery store, gas station, or online retailer. This isn’t just a novelty. In 2025, over 1.2 million people in the U.S. and Europe are using crypto debit cards to pay for things without converting their holdings to fiat first. CoinCorner is one of the older, more established players in this space, but that doesn’t mean it’s right for everyone.
The CoinCorner debit card, a prepaid Mastercard linked to your crypto wallet on the CoinCorner exchange. Also known as a crypto-to-fiat conversion card, it works by automatically selling your crypto at the current market rate when you make a purchase. There’s no need to manually convert coins to USD or EUR — the card does it in the background. But here’s the catch: you’re not spending crypto directly. You’re spending fiat that was just pulled from your wallet. That means you pay fees on every transaction — both for the card usage and for the crypto sale. Some users report fees between 1% and 2.5% per spend, which adds up fast if you’re using it daily.
It’s also tied to the CoinCorner exchange, a UK-based cryptocurrency platform that lets users buy, sell, and store Bitcoin, Ethereum, and other major coins. Also known as a crypto brokerage, it’s not a full-service exchange like Binance or Coinbase. That means your card only works with coins you’ve bought through CoinCorner, and you can’t link external wallets. If you hold crypto on another platform, you’ll need to transfer it first — which takes time and adds more fees. Plus, CoinCorner doesn’t support every crypto token. You can’t spend Solana, Dogecoin, or newer memecoins on the card. It’s limited to Bitcoin, Ethereum, Litecoin, and a few others.
Security is another layer. The card is PIN-protected and supports Apple Pay and Google Pay. But CoinCorner doesn’t offer FDIC insurance on funds held in your wallet. If the company gets hacked or shuts down, you could lose everything. That’s a big risk compared to traditional banks or even bigger crypto platforms with insurance policies. And while CoinCorner is registered with the UK’s FCA, that doesn’t guarantee protection for your crypto holdings — only that they follow basic anti-money laundering rules.
Who is this card actually for? Not beginners. Not people who want to save on fees. Not those who hold crypto across multiple platforms. It’s for a narrow group: UK residents who already use CoinCorner to buy Bitcoin, want a simple way to spend it, and don’t mind paying a bit extra for convenience. If you’re looking to cut costs, avoid fees, or spend a wide range of tokens, this isn’t the card for you. But if you want a no-fuss way to turn your Bitcoin into coffee, groceries, or Uber rides — and you’re okay with the trade-offs — then it’s worth testing.
Below, you’ll find real user reviews, fee breakdowns, and comparisons with other crypto debit cards that might actually save you money. We’ve tested the card ourselves, checked the fine print, and dug into the transaction logs. What you’ll see isn’t marketing. It’s what happens when you try to use crypto like cash — and what you’re really paying for it.
CoinCorner is a UK-based crypto exchange focused on Bitcoin, offering simple buying, a debit card, and fast bank transfers. Best for small buyers in Europe, not traders or US users.