Topic: advantage of bitcoin debit card? - page 6. (Read 7163 times)
Help bitcoiners directly spend their bitcoin without going to the exchanges. It will save your time.
Most has asked about the places where bitcoin debit card can be used. For such a quote the only answer is you only need to find yourself buying a bitcoin debit card and trying it as the bitcoin debit card is in its initial stage of existence.
is it possible using debit card bitcoin. we can using it and pay everythin with it. Can I tried to pay at the cashier mall?
Depends to the market itself, if they are accept bitcoin as payment you can buy something with debit card of bitcoin. Absolutely this is will make users of bitcoin easier to spend their balance for necessary.
It's really good market imo. I mean, you make a mall that accept bitcoins credit. I'm sure your mall will get popular and many people come to spent their bitcoins.
is it possible using debit card bitcoin. we can using it and pay everythin with it. Can I tried to pay at the cashier mall?
Depends to the market itself, if they are accept bitcoin as payment you can buy something with debit card of bitcoin. Absolutely this is will make users of bitcoin easier to spend their balance for necessary.
More. Options to move bitcoin around the better in my opinion. Would like to see bitcoin credit cards at corner stores like the prepaid vanillas used to be.
The fees are relatively higher than the standard bank debitcard rate, there is also no specific advantage in using them, I consider it relatively meaningless to use them since they are just USD cards with higher fees.
The fee is zero. That is relatively high compared to what?
is it possible using debit card bitcoin. we can using it and pay everythin with it. Can I tried to pay at the cashier mall?
This is really a big advantage for a bitcoin having a direct payment by using a debit card on its own. But if this is the same as other banks debit cards, maybe somehow I can use the same card that I have. If ever this is a direct transfer and conversion this is very accessible and hope not that much charge..
The best advantage of a bitcoin debit card, is the possibility to pay on shops that don't accept bitcoins (and accept debit cards). One of the problems is that normaly had high fees to recharge your card.
Yes with a debit card you can spend your coins at more shops. But remember you have to sell your coins first and for thisyou are paying a exchange fee. Which sometimes is a lot.
The best advantage of a bitcoin debit card, is the possibility to pay on shops that don't accept bitcoins (and accept debit cards). One of the problems is that normaly had high fees to recharge your card.
To buy things where bitcoin is still not accepted (eBay for example)
And for buying things on mini market or such.
And for buying things on mini market or such.
mostly it's not a bitcoin debitcard but a bitcoin value based debitcard using usd and mostly converting your btc to usd, some of them are good and have decent fees but no particular advantage except being a cashout method from exchanges.
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
i just see advantage using bitcoin debit card that you can use bitcoin in every store which not accept bitcoin but accept debit card. why must be using bitcoin debit card?its will make people dont see any advantage using normal bitcoins,how about poor people who want to start use bitcoin,but they know bitcoin just from debit card,and how about small city who dont have any ATm or other electronic payment? anyone using them what is the transactions fees am courius
My point about the Bitcoin debit card was that withdrawing the Bitcoin to your bank issued debit card will cost you less fess in the long term than using the Bitcoin debit card itself and pay more in fees. This is just my opinion.
You're correct, it will always cost more to withdraw money from an ATM with your Bitcoin debit card than to simply exchange your Bitcoins and have them deposited to your bank account. Also, any purchases made with the Bitcoin debit card will have more fees compared to any bank issued debit card.
My point about the Bitcoin debit card was that withdrawing the Bitcoin to your bank issued debit card will cost you less fess in the long term than using the Bitcoin debit card itself and pay more in fees. This is just my opinion.
I don't see much advantage of it tbh, its almost equivalent of selling your BTC for fiat because anytime you reload your card, that is what happens. So instead of getting international debit cards of which you have no idea, how or what funds are being used to load them up, just convert the BTC to your local currency and use bank issued cards.
Actually it's cheaper to withdraw your Bitcoins into your bank account and then withdraw cash from your bank's ATM than withdrawing cash via a Bitcoin debit card.
the actual point of using debit card is to pay wherever bitcoin didn't accepted just like ebay or anything similiar,and withdrawing to atm is indeed will get you charged fees because it's not the main point of debit cardWell the actual point of Bitcoin debit card introduction is to make the withdrawal of Bitcoin in the form of physical cash with much ease, so there will be high charges equal to the exchange charges.
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Actually it's cheaper to withdraw your Bitcoins into your bank account and then withdraw cash from your bank's ATM than withdrawing cash via a Bitcoin debit card.
the actual point of using debit card is to pay wherever bitcoin didn't accepted just like ebay or anything similiar,and withdrawing to atm is indeed will get you charged fees because it's not the main point of debit card Actually it's cheaper to withdraw your Bitcoins into your bank account and then withdraw cash from your bank's ATM than withdrawing cash via a Bitcoin debit card.
Yes, that is true. But withdrawing bitcoins to bank account takes some time so during urgent time these card very useful. I do agree they have slightly high charges but the convince I feel it is ok to pay those fee. I'm using XAPO card and find it so for so good.
Not for me but the convenience is hard to deny. I'd only go with one issued by a copper bottomed dead cert of a company though. Any moron can issue visa cards. It's actually slightly alarming when you investigate it.
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