Author

Topic: ... (Read 137 times)

full member
Activity: 395
Merit: 100
Market Integration Platform
...
August 22, 2018, 06:21:31 AM
#10
Is there a service similar to ShapeShift that makes it super easy to exchange your BTC to a working Credit Card number that you can instantly use to make a payment online? No physical cards. Just for online use.
The stuff like that become my dream last days because I were performing some bitcoins exchanging with my wallet and credit cards and it is so tiring to do, I would like to make it instantly.
member
Activity: 294
Merit: 26
August 22, 2018, 04:54:28 AM
#9
Is there a service similar to ShapeShift that makes it super easy to exchange your BTC to a working Credit Card number that you can instantly use to make a payment online? No physical cards. Just for online use.
The application of cryptocurrency being payed for bills is still hard because bills are greatly associated with the government and its taxes. What I think is effective is that bitcoin should setup its own debit card so that its usability will be upgraded. Nonetheless, the crypto market still has a lot to tackle concerning the laws of many countries.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
August 22, 2018, 03:47:32 AM
#8
These virtual cards are not very reliable and are not to be trusted unless issued by a bank, somewhat ironically. They can only work in certain regions for a limited time and are not always accepted by all vendors.

Some exchanges are offering cards of their own (I think Bitstamp has this service) or withdrawals to cards. However, if being identified is a concern, this won't work for you. The best thing you could do is get a localbitcoins cash transaction, buy a prepaid card, and load it up with that cash. Otherwise, you don't have many options.

From my experience, the Virtual card worked for me as good as the plastic one. It is not accepted by all vendors, indeed, but it's accepted by most of them.
In the privacy matter, however, you are indeed correct. These cards have extremely low "lifetime" limits (I think that's some 250 EUR total lifetime top up) if you want to use them without being verified, since they comply to EU regulations on the matter. If you want to stay anonymous, I guess that face to face transactions to cash are the way, but I find them way to risky for the average Joe.
newbie
Activity: 19
Merit: 0
August 22, 2018, 03:38:31 AM
#7

These links are old. Quite a number of cards from those lists don't work anymore. For example CryptoPay will start working in Russia. Europe, then the rest will be later steps.

Background: in January 2018 VISA (and later MasterCard too) told WaveCrest corporation to shut down their cards (the reasons are not important). Most of the "Bitcoin debit card" services were relying on cards issued by WaveCrest and they've got a hard blow. Most of them are still not back on business.

Most of the cards still in business after this happened usually have unreasonably high fees or they're mostly for US.
A notable comeback is Wirex, they are back after WaveCrest episode, they do have even Virtual Cards too, but I think that they work now only in Europe. Some do have complains against them, but overall they are not so bad, I am using their card, but some precautions would not hurt.

These virtual cards are not very reliable and are not to be trusted unless issued by a bank, somewhat ironically. They can only work in certain regions for a limited time and are not always accepted by all vendors.

Some exchanges are offering cards of their own (I think Bitstamp has this service) or withdrawals to cards. However, if being identified is a concern, this won't work for you. The best thing you could do is get a localbitcoins cash transaction, buy a prepaid card, and load it up with that cash. Otherwise, you don't have many options.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
August 22, 2018, 03:33:52 AM
#6

These links are old. Quite a number of cards from those lists don't work anymore. For example CryptoPay will start working in Russia. Europe, then the rest will be later steps.

Background: in January 2018 VISA (and later MasterCard too) told WaveCrest corporation to shut down their cards (the reasons are not important). Most of the "Bitcoin debit card" services were relying on cards issued by WaveCrest and they've got a hard blow. Most of them are still not back on business.

Most of the cards still in business after this happened usually have unreasonably high fees or they're mostly for US.
A notable comeback is Wirex, they are back after WaveCrest episode, they do have even Virtual Cards too, but I think that they work now only in Europe. Some do have complains against them, but overall they are not so bad, I am using their card, but some precautions would not hurt.
full member
Activity: 496
Merit: 100
August 22, 2018, 03:17:14 AM
#5
Bitcoin community is keep on growing even how bad its market price for now. It is true that a lots of people are getting panic because of the continuous and long time of the Bitcoin downfall price. But even this is the situation here in the crypto currency community there are still a lots of people that keep on hoping for what will be the best for the Bitcoin community and having so many thoughts for further improvements and developments in the crypto community. If there will be having any credit cards regarding the use of Bitcoin then that would make a lots of people glad to know and for sure they will be curious and encourage as well to try this new from the Bitcoin community.
hero member
Activity: 1834
Merit: 759
August 22, 2018, 03:11:12 AM
#4
Correct. Debit card. Is there such service? If not why not?

There may be virtual cards, but I'm pretty sure they also send you a physical copy anyway. One example is Wirex, which comes with an app.

If you're asking why there are no services that offer an easy BTC to prepaid card service that doesn't require any verification, etc., it's because KYC/AML is required of them to prevent scams and illegal activities.

You're basically stuck with the services that hugeblack shared.
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
August 22, 2018, 01:56:25 AM
#3
Is there a service similar to ShapeShift that makes it super easy to exchange your BTC to a working Credit Card number that you can instantly use to make a payment online? No physical cards. Just for online use.
debit card = banking system [If you do not wish to verify your account "ID & proof of address" or your country not supported, you will waste your time.]
online use = Virtual cards
There are many of these cards "Most of it doesn’t work in the United States," I have tried some in the past, but I do not know if they work so far.
you can try this list [1] or this[2]
Do not trust the recommendations in these lists and do your research.

[1] List of bitcoin debit cards
[2] A Complete List Of Bitcoin Debit Cards For 2018
sr. member
Activity: 784
Merit: 250
August 20, 2018, 08:14:15 PM
#2
I think better to use the term "debit card" rather than "credit card".

Debit card is a payment card use in purchasing instead of cash payment. The money comes directly from the saving account of the user. In credit card, it is like buy now, pay later style and billed afterward.

If bitcoin can be used as debit card that would be fantastic. But, the issue go back again to unresolved technical problems such as adoptation and scalability. Before bitcoin debit card thing, they need to find solutions with these problems at hand.
full member
Activity: 154
Merit: 101
August 20, 2018, 07:37:46 PM
#1
...
Jump to: