What Are Cryptocurrency Debit Cards, Explained

in #cryptocurrency7 years ago
  1. What are cryptocurrency debit cards?
    They are plastic cards, similar to your everyday bank card, but you can deposit cryptocurrencies on them.

  2. What are the solutions for cryptocurrency spending?
    The primary two are point-of-sale terminals and plastic cards.

  3. What types of cards are there?
    Prepaid cards and debit cards, mainly.

  4. Where can I get one?
    The providers of cryptocurrency debit cards are online companies with different backgrounds.

  5. If they’re so good, why aren’t they immensely popular?
    It has more to do with the technology of cryptocurrency itself - confirmation times and transaction fees, in particular.

  6. Are there cards that support altcoins?
    Yes, recently some cards have started appearing on the market and they allow you to deposit currencies other than Bitcoin.

Source/ read more: https://cointelegraph.com/explained/what-are-cryptocurrency-debit-cards-explained

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I did research on a few and went with a bitpay card, they are also local to me so i wanted to support local business.

Its a great way to show people how to spend earned / traded / mined bitcoins anywhere VISA debit is accepted.

I personally use Coinbase Shift card! its really great and easy to apply for. Check it out! You can also use your Litecoin too.

I did not know they had a litecoin debit card as well. A few years ago this was all just a dream, we have really progressed in the crypto world.. Though we still do have to convert to fiat... 😱