advantage of bitcoin debit card? - page 4.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: Adrorecia on March 30, 2016, 04:58:17 AM

The advantage of bitcoin debit card is that the transaction is super fast. Besides that it is super fast it is also extreme cheap to transect money.
It does not matter if you are transecting money locally of internationally.

cheap can't match well with debit card, basically debit card took fees every transaction, when you want to get a cash from your local atm, it'll charge you 3.5$ for international atm and 2.5$ for domestic atm,it's waay to high if you'd compare it to some local exchanger which accept bitcoin,but it'll become no problem if you can afford it

Adrorecia

sr. member

Activity: 275

Merit: 250

The advantage of bitcoin debit card is that the transaction is super fast. Besides that it is super fast it is also extreme cheap to transect money.
It does not matter if you are transecting money locally of internationally.

CasioK

hero member

Activity: 826

Merit: 1000

Quote from: Grillo on March 27, 2016, 11:59:16 AM

The biggest advantage is that you can use your BTC to pay in any shop. So btc becomes "accepted" everywhere.

Yes, bitcoin debit cards has many advantages. Bitcoin debit cards makes bitcoins more liquid to use it anywhere in this world. But, when you are considering the advantages of bitcoins in future we are going to get, we must to stick within wallet and wait for bitcoin direct spending.

Ardenyham

legendary

Activity: 980

Merit: 1000

Don't Hesitate to Tip me for My Helps and Guides.

Calling it a bitcoin debitcard is a wrong way in even referring to it, it's just a debitcard that is linked to your exchanger account and you can withdraw your USD balance to it "or exchange BTC to USD and then send it to the debitcard", a real bitcoin debitcard would be BTC based in my opinion.

Zuminest

full member

Activity: 169

Merit: 100

withdraw your funds anonymously and securely at any ATM worldwide.. you can use your bitcoin debit card to buy goods and services online anonymously.. you can also use it in stores...

Posted From bitcointalk.org Android App

Grillo

full member

Activity: 225

Merit: 100

The biggest advantage is that you can use your BTC to pay in any shop. So btc becomes "accepted" everywhere.

Wendigo

legendary

Activity: 2604

Merit: 1036

Bitcoin debit cards have a lot of advantages like being able to withdraw funds at ATM's and paying for things at brick and mortar stores worldwide where any type of credit cards are accepted. But convenience has a price and that is the greatest disadvantage for me - the fees are too high. I hope as more Bitcoin companies emerge offering new debit cards the increasing competition will drive them to lower the fess or get rid of them completely. I think debit cards will no fess will be a hit overnight.

jkrules

full member

Activity: 210

Merit: 100

Quote from: KennyR on March 22, 2016, 12:09:13 PM

Best a user can get with the bitcoin debit card is the usage of this card in exchanging bitcoin to fiat. Not many companies accept this card.Services available through this card is also very low.

I agree with you bro. I guess bitcoin debit card will reduce the charges than exchanges.

mikewirth

sr. member

Activity: 532

Merit: 250

Quote from: KennyR on March 22, 2016, 12:09:13 PM

Best a user can get with the bitcoin debit card is the usage of this card in exchanging bitcoin to fiat. Not many companies accept this card.Services available through this card is also very low.

All companies accept this card. They don't know the difference between it and any other Visa card. It works everywhere. With a debit card, your bitcoin can be spent in many millions of places all over the world - today. It works perfectly.

Go get your card today. The Shift card is the best card. https://www.shiftpayments.com/

KennyR

hero member

Activity: 2310

Merit: 532

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Best a user can get with the bitcoin debit card is the usage of this card in exchanging bitcoin to fiat. Not many companies accept this card.Services available through this card is also very low.

Hugroll

hero member

Activity: 756

Merit: 500

Quote from: nasi on March 03, 2016, 10:20:10 AM

so seen some companys that offers bitcoins debit card what is the advantage of having them?

anyone using them what is the transactions fees am courius

the biggest advantage i see is that the card allows you to use your bitcoins pretty much everyone in the world, since most if not all merchants accept credit cards. im sure this advantage comes with a decently high transaction fee though.

mikewirth

sr. member

Activity: 532

Merit: 250

Quote from: ?? on ??

Quote from: n0ne on March 21, 2016, 05:15:19 AM

Quote from: Whosdaddy on March 21, 2016, 02:36:05 AM

Quote from: neonshium on March 17, 2016, 03:05:00 AM

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

Yes agreed on your statement, but during cash out or converting the bitcoins to dollar we need to visit a exchange or trader. Now with the use of bitcoin Debit Card this can be avoided.

Furthermore, there are more bitcoin debit cards provider who support 2-way debit cards.
So, you can convert bitcoin to fiat and convert fiat to bitcoin. Most of them also can deposit from banks in many countries.

So, you don't have to visit exchange site anymore

Just pick bitcoin debit cards which is legit and has low fees.

Slowly but surely, it is coming to a debit card near you.

n0ne

hero member

Activity: 2618

Merit: 548

DGbet.fun - Crypto Sportsbook

Quote from: Whosdaddy on March 21, 2016, 02:36:05 AM

Quote from: neonshium on March 17, 2016, 03:05:00 AM

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

Yes agreed on your statement, but during cash out or converting the bitcoins to dollar we need to visit a exchange or trader. Now with the use of bitcoin Debit Card this can be avoided.

Genius Einstein

member

Activity: 84

Merit: 10

The benefits of having a bitcoin debit card that i know of is that you are able to spend and use up bitcoins where you normally are not able or required to.

neonshium

hero member

Activity: 1134

Merit: 515

Quote from: Whosdaddy on March 21, 2016, 02:36:05 AM

Quote from: neonshium on March 17, 2016, 03:05:00 AM

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

Nothing wrong in using bitcoin debit cards to spend our bitcoins. It gives extra power to bitcoin ecosystem to it's spending capability. With bitcoin debit card, you can transact your bitcoin anywhere even with the people who do not know what is bitcoins.

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: neonshium on March 17, 2016, 03:05:00 AM

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: MFahad on March 20, 2016, 11:10:02 AM

Quote from: mynameisdon on March 20, 2016, 10:43:55 AM

well...i have not bitcoin debit card yet,but i am thinking to buy a debit card from good website.its advantage for me is that

i can withdraw my bitcoin in fiat currency when i need anytime.
i can withdraw my btc in any atm service.
i can get withdraw in best rate anytime.

Buying a debit card is a very good option. but not countries are accepting or offering the bitcoin debit card.
We shall have to wait a little more before bitcoins debit cards are widely available for everyone.

to be honest, this problem not caused by debit card provider which don't make their card available in some countries but it's government mistake by regulating debit card and make it too strict for anyone else

hkla241

member

Activity: 70

Merit: 10

own a bitcoin debit card myself and for me it has been quite useful as I can easily spend my bitcoins in stores that I purchase from regularly. Yes, bitcoin debit card is a good way to spend

MFahad

hero member

Activity: 2506

Merit: 645

Eloncoin.org - Mars, here we come!

Quote from: mynameisdon on March 20, 2016, 10:43:55 AM

well...i have not bitcoin debit card yet,but i am thinking to buy a debit card from good website.its advantage for me is that

i can withdraw my bitcoin in fiat currency when i need anytime.
i can withdraw my btc in any atm service.
i can get withdraw in best rate anytime.

Buying a debit card is a very good option. but not countries are accepting or offering the bitcoin debit card.
We shall have to wait a little more before bitcoins debit cards are widely available for everyone.

mynameisdon

sr. member

Activity: 322

Merit: 250

i am don(ripper's big daddy).i clean scammers.

well...i have not bitcoin debit card yet,but i am thinking to buy a debit card from good website.its advantage for me is that

i can withdraw my bitcoin in fiat currency when i need anytime.
i can withdraw my btc in any atm service.
i can get withdraw in best rate anytime.

Topic: advantage of bitcoin debit card? - page 4. (Read 7163 times)