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Bitcoin Loaded Debit Card


Pandarian

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Posted

How I wish there's a bitcoin loaded debit card available in my country :D

Although here we don't have enough facilities that support buying and selling with crypto, it would still be good to have an alternative just in case :D

Posted
1 hour ago, ceastem said:

How I wish there's a bitcoin loaded debit card available in my country :D

Although here we don't have enough facilities that support buying and selling with crypto, it would still be good to have an alternative just in case :D

You realize that is what the debit card does, it allows you to use your bitcoins via a debit card, so the issuer exchanges your BTC for your local currency so you can use it.  It solves the problem of few merchants accepting BTC and crypto by letting them just accept debit cards.    It is a great way the BTC ecosystem has adopted infrastructure to overcome limits on acceptance.

Also, the Crypterium people claim the card is good world wide, maybe it will work for you.

Posted

i used to use bitpay but is sucks now, they dont let you withdraw the funds via aatm anymore for the time being.... ugh so yeah im looking for alrternatives, i may check this one out to see if it works or not

Posted

there were many card providers in the past that offered crypto loads but in the past 18 months a lot of them disabled their card service because of some changes in mastercard and visa policies.  I know there are still a couple available but since many of them quit I only use my skrill and neteller cards. through for example localbitcoins I sell my crypto and top up my skrill and neteller cards. Beside that if I need to exchange large amount to my regular bank account I mostly use some well known exchanges like btcdirect.eu. doing business with them for 3 years and always received my money exactly on time in my bank account

Posted

A also have a BitPay Visa card and have experienced no issues as far as usability, works just like any other Visa.  If you haven't, check into that one.  Right now there is an issue using it at ATMs to withdraw cash, but can be used as a debit card.  Hopefully the ATM use will be back shortly.

Posted

I really like the idea of using a crypto powered Debit card as it provides much conveniences if you have a large amount of cryptocurrencies especially Ethereum. 

i would probably uzse that

  • 4 weeks later...
Posted

exactly today I received a notification of Coinbase that their debet Visa card is now available in Spain and the Netherlands as well. I even didnt know until today they offered a card service. but now I received the notification I am going to have a look at it next weekend. 

What I like most about their card service is that their is a special app attached. In the app you can instantly switch which currency you want to to use on your card. So lets say that you have 1BTC, 1ETH, 1LTC,.... on Coinbase. You can go to shop A and spend 100$ when BTC is activated. If you go to the App and change to for example ETH then your money spend in the next shop is deducted from your ETH balance. 

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