Topic: Bitcoin cards? (Read 210 times)
bitPay is an awesome debit card, but SALT is coming out with a cryptocurrency credit card.
Only banks can issue a credit card or debit card.(By law and/or policy) I f you want Master card/Visa where you get load Bitcoins then you will need to look for an Bitcoin Prepaid Master card/Visa. There is no Bitcoin debit card unfortunately.
Why is this all so confusing? It's dead clear and straightforward: credit cards means you borrow money, debit cards are your own money. That's the difference. With credit card, you are borrowing money which you then repay later which is why it's called a "credit" card. With a debit card, the money is taken or debited from your own available funds.
Going by the above definition, there is no such thing as a bitcoin credit card which would mean a card provider issuing a card with a credit limit. You then repay the bitcoins later with or without interest. As we all know, this does not (yet) exist.
A bitcoin debit card on the other hand exists which is basically a card which debits or takes money from your available funds (or coins) as you use the card.
A prepaid credit card is a secured credit card. It's a card you secure or prepay with a deposit which the bank or card issuer holds as a lien or collateral against the credit limit granted for that particular card.
Going by the above definition, there is no such thing as a bitcoin credit card which would mean a card provider issuing a card with a credit limit. You then repay the bitcoins later with or without interest. As we all know, this does not (yet) exist.
A bitcoin debit card on the other hand exists which is basically a card which debits or takes money from your available funds (or coins) as you use the card.
A prepaid credit card is a secured credit card. It's a card you secure or prepay with a deposit which the bank or card issuer holds as a lien or collateral against the credit limit granted for that particular card.
Are there any bitcoin based credit cards? No pre-paid or anything, just direct bitcoin.
You are at the wrong section.. Yes, there are bitcoin credit cards you can use for your everyday buys, search for TenX.
How little you know.. Feel bad for you carrying the Sr. badge.
https://www.tenx.tech/
TenX cards function just like credit cards. The difference between a credit card and a debit card is where the money is pulled of. They are both used in the same way and at the same places. TenX debit cards pull money from your bitcoin wallet, like a credit card pulls money from your bank account. But lets say that Im wrong in this and it doesnt serve the op, even though its the best option offered, the only difference is that it says debit. I was wrong in the naming.. I get it. Functionality and usability remains the same though.
Are there any bitcoin based credit cards? No pre-paid or anything, just direct bitcoin.
You are at the wrong section.. Yes, there are bitcoin credit cards you can use for your everyday buys, search for TenX.
How little you know.. Feel bad for you carrying the Sr. badge.
https://www.tenx.tech/
Get a Mistertango IBAN account. It comes with a MasterCard and you can load your account with bitcoins. You can also use it for sending and receiving SEPA payments.
https://mistertango.com/en/
I'm not sure if you can get it quickly during the Christmas holidays. If you sign up, you might get the card in January but definitely not before the end of this month.
The account and the MasterCard are free. They have an awesome easy to use app.
Cryptopay is another option but be prepared to wait a few days or longer for verification results. It's their card issuer which verifies you and they can be notoriously slow. When you are verified, you can expect to get your card within a few days if you live in Europe. If you don't, it will take longer (or quicker if you pay for DHL courier).
https://mistertango.com/en/
I'm not sure if you can get it quickly during the Christmas holidays. If you sign up, you might get the card in January but definitely not before the end of this month.
The account and the MasterCard are free. They have an awesome easy to use app.
Cryptopay is another option but be prepared to wait a few days or longer for verification results. It's their card issuer which verifies you and they can be notoriously slow. When you are verified, you can expect to get your card within a few days if you live in Europe. If you don't, it will take longer (or quicker if you pay for DHL courier).
Then wait months to get your TenX card... They will add you on their waitlist.
Am I the only one who got his question?
Then wait months to get your TenX card... They will add you on their waitlist.
Are there any bitcoin based credit cards? No pre-paid or anything, just direct bitcoin.
You are at the wrong section.. Yes, there are bitcoin credit cards you can use for your everyday buys, search for TenX.
How little you know.. Feel bad for you carrying the Sr. badge.
https://www.tenx.tech/
Try cryptopay and bitpay these two offer direct bitcoin to debit card transfer.
Are there any bitcoin based credit cards? No pre-paid or anything, just direct bitcoin.
You are at the wrong section.. Yes, there are bitcoin credit cards you can use for your everyday buys, search for TenX.
Are there any bitcoin based credit cards? No pre-paid or anything, just direct bitcoin.
You are at the wrong section.. Yes, there are bitcoin credit cards you can use for your everyday buys, search for TenX.
Are there any bitcoin based credit cards? No pre-paid or anything, just direct bitcoin.
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