A leak revealed that ICE3X is planning to launch the first South African Crypto Debit Card this month. As we can observe, this is a rapid growing platform. Last year, it expanded its services to Nigeria. And it is without a doubt that they are still going to surprise us with more in terms of expansion and excellent user experience.
According to the leak that entered our hands, the New ICE3X physical crypto debit card will be launched this month, May. Initially, the New ICE3X Crypto Debit Card will be available only for South African users. However, this won’t be forever as the company is working towards reaching users in different countries and continents. Thus, it is just a matter of time before the New ICE3X Crypto Debit Card reaches you.
The source itself indicates that ICE3X intends to expand to “Nigeria, Zimbabwe, and Botswana,” depending on the performance of the solution.
Details on the fee structure of the card:
- Swipe and Spend: Free
- Cash Withdrawal: R10-R18 (Depends on the ATM Bank issuer)
- Cashback from shops: R3-R5 Flat Fee
- Maintenance: R10 per month
According to the information at hand, the ICE3X Crypto Debit Card will be available only to ICE3X users. That is, if you are not a user of ICE3X, you won’t be able to use this card. The only way to use it is to join ICE3X. It is only then that you’ll be able to benefit from all the advantages that come with it. ICE3X users will be able to spend cryptocurrency in South Africa at any merchant that accepts Master Card or Visa Card.