Topic: advantage of bitcoin debit card? (Read 7163 times)

you can do keep 998 on a paper wallet.From time to time when you'd like to spend some BTC pull out the debit card and spend your BTC at 100 million convenient merchants everywhere in the world. 

Advantage of bitcoin debit cash.

1 Very cheap Bitcoin debit card

SpectroCoin virtual card costs only $0.50/€0.50/£0.50 while plastic card costs only $9.00/€8.00/£6.00. Card shipping is completely free as well.

#2 Widely accepted

SpectroCoin Bitcoin debit cards can be used everywhere where Visa or MasterCard are accepted making it easy to spend bitcoins at any ATM or shops around the globe.

#3 Instant use of virtual debit card

You can get SpectroCoin virtual Bitcoin debit card in a few minutes. After you complete your debit card order form the virtual bitcoin debit card will be issued instantly and you will be able to use it for online shopping right away.

#4 Get up to six cards

At SpectroCoin you can order up to six Bitcoin debit cards per account. You can get two cards per each supported currency – GBP, USD or EUR – one virtual and one plastic making it easy to spend bitcoins in your preferred currency.

#5 No verification

SpectroCoin Bitcoin debit card does not require verification before being issued or used. However, the user can verify his/her card to increase card limits and to have more options for transferring funds to ones’ card.

#6 No Limits

SpectroCoin verified cards have no loading, ATM withdrawal or purchase limits giving you complete freedom of your funds.

#7 PayPal top-up

If you have funds in your PayPal account, you can withdraw them to your virtual SpectroCoin debit card. Then you can use them for shopping or for buying bitcoins. To learn how to do it check out our blog post or YouTube video.

#8 PayPal account verification

You can not only use your SpectroCoin Bitcoin debit card for buying bitcoins with PayPal, but for verifying PayPal profile as well. To find out how to do it read our blog post or watch our YouTube tutorial.

You can buy anything from anywhere, given that the store has the rigs for BTC debit cards. If you link your bank account with your BTC debit card, it will give you access anywhere for your purchases or cash withdrawals. You will also be free from charges which is normal for online transactions.

But when you use your bitcoin, the exchange is automatic charging you a fee to convert the bitcoin to fiat.

There is a lot of advantages of owning a bitcoin debit card right now, at least you can with this debit card withdraw your coins in fiat without converting in exchangers which ask high fee usually.

I'm also doing this to be honest but I also have a physical one to be honest, a physical one is also pretty nice, the only downside is the high fee's indeed.
I'm now using one from bit-x but the fee's are not so high as the most to be honest, I can now pay things indirectly in real life, I really love it.

I did not use any plastic bitcoin card til now because their fees are high comparing with my local cards fees. I used virtual cards before and their main advantage is to buy from sites like aliexpress that does not accept bitcoin.

Please give me your thoughts on this:

https://bitcointalksearch.org/topic/m.14671714

I agree, but bitcointalk tables are just bad. Right now I don't have much time to dedicate to such project but I consider finding a way to crowdsource this.

The big advantage of Bitcoin debit cards is the convenience to be able to purchase things online and offline where Bitcoin isn't accepted yet and the ability to withdraw fiat at ATM faster than waiting for some online exchange to process your withdrawal. As the fees associated with these debit cards are in my honest opinion a little bit high at the moment, I don't plan to use one but if there are new, more competitive offers on the market I will surely get a debit card myself asap.

Now bitcoin debit cards have been introduced with limited usability. When continuous access increases the bitcoin card issuers might increase the features and accessibility.

the advantage you get from bitcoin debit card, you don't need to convert your bitcoin to your local currency when you want bought something. of course you will get discount or other promotion by use bitcoin debit card.

A Bitcoin debit card will basically allow for people to spend their Bitcoin more freely, it doesn't necessarily have any advantages other than that.

It's an interesting concept, but I still have to decide whether or not it is worth getting one.

i think you would be able to spend bitcoins in places where they are not yet accepted

Wouldn't it be good to add the fees (monthy, withdrawal/inactivity) in some kind of table on your list:
https://bitcointalksearch.org/topic/list-of-bitcoin-debit-cards-1242788

When comparing items like that, that's the first thing people are wanting to know right?

The andvatages of using bitcoin debit card are you can easily use your bitcoin wherever you want, whatever you want to buy, It takes less time to complete your purchases, they're easier than to get than a credit card.

i think there are a lot of advantages of bitcoin debit cards in my opinion and it would be way easier to use bitcoins with a bitcoin debit card though thats just my opinion to be honest

Keep in mind that inactivity and monthly fees are coming a year after activation, as confirmed here.

Nice list.
I do have to say i am using a Coinsbank/bit-x card for some while and i really like it. For me that's the only card i have and will use.
Low fees and a wide acceptance.