Crypto-Based Debit Cards

[Joshua Farrell]

There are a number of financial institutions that allow crypto to be assigned to cards. There are even cards that have a small storage space built into them, to allow for a physical bank card to be used as a wallet for your crypto, which can then be used when you shop.

Do you own a Crypto Debit or Prepaid Card? If so, where did you get the card issued from?

I recently got approved on Coinbase, to participate in their Crypto Debit Card. I am currently waiting for the physical card, but I have the ability to use a digital copy right now. With it, I can choose which coin or token I want to use, or if I want to use a stable coin in my own national currency, to pay for stuff online and at the store. I should be getting my physical card by the end of this week.

If I understand what I can do with the card they are sending me, I can actually deposit money in my crypto account, by going to a standard ATM, and making the deposit. I also have a rewards program with it. They will credit a small percentage of whatever I pay at the store, into XMR or Bitcoin, which is a nice thing to have, if I want to build up a coin by spending money like I normally would.

 

[Jlife]

I don't really know much about the card you are talking about, I don't even know how it work because have not used it before and I have never know how to use it, what I know is that cryptocurrency can be store offline,I I need to do a research about this one that you have just said.

 

[Joshua Farrell]

@Jlife, Here is an article that gives you a list of places to get a crypto mastercard/visa card, and gives you information on how they typically work, at the bottom of the page. https://www.benzinga.com/money/best-crypto-debit-cards/

 

[Dowenship]

There are a number of financial institutions that allow crypto to be assigned to cards. There are even cards that have a small storage space built into them, to allow for a physical bank card to be used as a wallet for your crypto, which can then be used when you shop.

Do you own a Crypto Debit or Prepaid Card? If so, where did you get the card issued from?

I recently got approved on Coinbase, to participate in their Crypto Debit Card. I am currently waiting for the physical card, but I have the ability to use a digital copy right now. With it, I can choose which coin or token I want to use, or if I want to use a stable coin in my own national currency, to pay for stuff online and at the store. I should be getting my physical card by the end of this week.

If I understand what I can do with the card they are sending me, I can actually deposit money in my crypto account, by going to a standard ATM, and making the deposit. I also have a rewards program with it. They will credit a small percentage of whatever I pay at the store, into XMR or Bitcoin, which is a nice thing to have, if I want to build up a coin by spending money like I normally would.

This must be in the united state or any other visionalized country where they make things easier for their citizen. Here in my country there's nothing like that.

 

[glitch]

I wonder why this hasn't already been a thing. I know there are ATMs and such. It makes sense to have cards for crypto since it appears to be the future of finances. I am just not sure when it will become the standard.

 

[joy101]

I haven't used crypto debit card I don't really know it works because here my country we never used the debit card, I believe they are using it for other countries.

 

[Nomad]

I have used a crypto debit card that was offerred by a company called ecoin. However, the company has stopped giving card for people outside Euroipean region. I have also bought prepaid debit card with bitcoin.

 

[Potuse]

I read in the news that the use of crypto debit card has increased in a great deal in recent times due to the increased in the adoption of cryptocurrency most especially the bitcoin which is the Pioneer cryptocurrency.

 

[Ononivami]

Due to the fact that there are bitcoin ATMs in so many countries and think it will call for a crypto debit card to be created and I think it is very common in the United States of America because they have larger number of bitcoin ATMs.

 

[Mayorla]

I have heard of crypto-based debit card, but I have not used it before because it is not available in my country.

If it was available then I would not hesitate before using it.

It is a nice innovation, and it seems Binance has one, and I would be willing to try it immediately it is available in my country.

 

[Yohanna]

The crypto based debit card is very common in the United States of America and
Some countries that have gotten several cryptocurrency ATMs because it is paramount in some countries.

 

[Nomad]

Recently, I read news that says Bitcoin powered cards are lunched by master cards in the EU region. I wish these features are also extended in Asia and Africa. IT would be wonderful to spend Bitcoins.

 

[Yohanna]

Recently, I read news that says Bitcoin powered cards are lunched by master cards in the EU region. I wish these features are also extended in Asia and Africa. IT would be wonderful to spend Bitcoins.

If the news is genuine , then it will be a very great development in the cryptocurrency space . It means that the crypto world is growing and it is gaining traction.

 

[Nomad]

If the news is genuine , then it will be a very great development in the cryptocurrency space . It means that the crypto world is growing and it is gaining traction.

The news came from trust worthy source. Actually, mastercards has supported a lot of crypto companies to issue crypto powered cards in may countries previously, I have also used virtual crypto powered cards.