Do you use cryptocurrency cards? - page 2.

ALBOS Project

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Quote from: cryptowisser on July 10, 2018, 06:48:07 AM

Quote from: genuin on June 30, 2018, 12:20:46 AM

you should not credit cards, but create cards that are connected to the wallet used in bitcoin transactions.
With the card in my opinion will make it easier for bitcoin users to transact in the real world than to use their gadget to transact using bitcoin

We agree with genuin here. For a LIST OF CRYPTO DEBIT CARDS, showing deposit methods, fee levels, supported cryptocurrencies and more, see here: https://www.cryptowisser.com/debit-cards/

All the best,
Cryptowisser

Thanks for providing the link. It's good to see what cards there are in the world

btc-deltacoin

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ABLE: The New Era of Crypto Finance

Quote from: ALBOS Project on June 29, 2018, 03:22:52 PM

Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!

In my opinion, crypto currencies are good as payment method only if you buy it and immediately use for some deal. Otherwise, you can't use most of crypro currencies effectively according to its volatility. As for me, these cards must include a converting option.

Srujan007

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i haven't used yet,but i'm awaiting for a card from Travelflex coin,they are coming up with a card ones they are migrated to DAG,they have already done a partnership with some European company,ones i use it,i can give you my review here Wink

cryptowisser

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Quote from: genuin on June 30, 2018, 12:20:46 AM

you should not credit cards, but create cards that are connected to the wallet used in bitcoin transactions.
With the card in my opinion will make it easier for bitcoin users to transact in the real world than to use their gadget to transact using bitcoin

We agree with genuin here. For a LIST OF CRYPTO DEBIT CARDS, showing deposit methods, fee levels, supported cryptocurrencies and more, see here: https://www.cryptowisser.com/debit-cards/

All the best,
Cryptowisser

ALBOS Project

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Quote from: bedulook on July 05, 2018, 04:43:18 PM

There are very convenient to use if you want easy access to your money. But to me that defeat the ideas of keeping my coins for long term since I got tempted to use those cards when am I need.

But isn't it good to use them instead of just keeping?

ALBOS Project

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Quote from: batang_bitcoin on June 30, 2018, 08:39:27 AM

Like tenx card,bonpay card and bitpay card?

I havent used them but they are comfortable if you have no cash on hand.

But if the adoption isnt too wide in ones country, its convenience wont be experienced.

Exactly, I'm talking about such services.
Also, agree with you on the issue of mass adoption

ALBOS Project

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Quote from: DonnieMitchel on July 06, 2018, 02:18:10 PM

IMO, credit card itself is a burden. i wouldn't support cryptocurrency cards.
This is just my opinion alone.

Can I ask you why you have such an opinion?

Labonikhatun

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Many people who trade bitcoin either as a payment method on their websites or when trading it on crypto exchanges, use a debit card to convert the earned or acquired cryptocurrency into cash.Before using your credit card to purchase cryptocurrency who mainly first convert it to bitcoin and then use these credit card. There are also options for multi-asset cards debit and prepaid as we shall see later. But I do not have any cryptocurrency card.

gounderwood

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Quote from: ALBOS Project on June 29, 2018, 03:22:52 PM

Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!

i think Epayments card + dsx.uk is the best deal easy buy and transfer. about the cryptocard (special ones) i'm not trust any project yet to store my crypto assets and use it in everyday life,
later some project just have to became popular and transparent so everyone can use it easily

jmiro1

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I used to have a cryptocurrency card but it wasn't associated with credits or anything. It was just a pocket card to show my balance and the current prices and rates of different crypto currencies and few fiat money like Dollar, Euro etc. I think it's yet to be introduced that you can actually lend BTC. Please do correct me if I'm wrong.

ALBOS Project

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Quote from: tranvanvan on July 08, 2018, 02:27:40 PM

Honestly, you shouldn't use a debit card (fiat or crypto) when traveling the world. If your card is compromised, it is linked to your funds. Credit cards that do not charge foreign exchange fees are made for these trips. If you're going to use a card that acts like fiat, at least get the protection.

What kind of protection do you mean?

ALBOS Project

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Quote from: CryptoMobster on July 06, 2018, 12:48:25 PM

Yes and no, fees are high but also easier than waiting for it to hit my bank.

What card do you use? Is it possible to pay with it somewhere or is it just for converting crypto to fiat?

tranvanvan

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Honestly, you shouldn't use a debit card (fiat or crypto) when traveling the world. If your card is compromised, it is linked to your funds. Credit cards that do not charge foreign exchange fees are made for these trips. If you're going to use a card that acts like fiat, at least get the protection.

DonnieMitchel

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IMO, credit card itself is a burden. i wouldn't support cryptocurrency cards.
This is just my opinion alone.

ALBOS Project

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Quote from: thesmallgod on June 30, 2018, 08:29:18 AM

Quote from: SUDARMONO on June 30, 2018, 12:33:43 AM

I think if we use such a card it is very good, and it is very useful for us all, and I myself am very happy to use the card because it can help for future success.

The problem is not in the use because we all know this is going to break barrier between the traditional banking and the cryptobank but the problem lies on the providers of this card. they are not interested in given out cards to unregulated cryptobank because of the issue of scam and money laundery which many have said cryptocurrency promote. when you listen to many peoples comment here on the thread you will realized nobody have said it emphatically that they are making use of the card despite the fact many ICO goal are centered around debit card provision. AMON, MONACO, kurecoin and many other ICO are still targeting this project

Your point is very good indeed. It's true that the main difficulty such projects face is the actual integration with banking processors and providers like Visa/MC or any local one, because it's the matter of policy and legislation, probably

CryptoMobster

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Yes and no, fees are high but also easier than waiting for it to hit my bank.

ALBOS Project

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Quote from: bitgov on July 01, 2018, 09:44:43 AM

i heard about those cards some time ago and i think that in some countries they could be useful, of course in future they will be more useful than now but it will be better to get one before everyone will want to order one for themselves.

Yes, these cards can surely bring more real use to cryptocurrency in our lives.

ALBOS Project

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Quote from: biggNY on July 01, 2018, 06:06:29 AM

Quote from: ALBOS Project on June 29, 2018, 03:22:52 PM

Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!

Hi there. I only recently started using one of the crypto debit cards called Wirex. I was looking for a way to fund my crypto investments via paypal (add crypto card to paypal and send funds to it). Wirex has very nice ios app, that has btc and ltc wallets. You can request cards (with free delivery) and currency account will be added to your app. So you get free card delivery and monthly account costs are for USD account $1.50 and for EUR account €1.20 (i think that it is same price).

But am thinking now, that it is good option to exit from my crypto positions. Just send funds to internal btc or ltc wallet and exchange for your local currency. In my case euro purchases within europe are free of charge and atm withdrawal fee is €2.25 (one downside is, max daily withdrawal amount is €250, which is not great 🤔).

Still have to test it out though, check all te fee and compare crypto exchange rates with exchanges etc. At the moment I am in stae of waiting for my card, after creating and authorizing my account. Will let you know ones my test is finished. Good luck with your crypto card exploration 👍

Thank you for sharing your experience. Tell me, is it possible to use this Wired card for doing offline purchases? I mean can stores accept it like simple Visa or Master Card? Or is it simply a way to convert crypto to fiat?

ALBOS Project

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Quote from: Jaidman on June 30, 2018, 02:06:57 AM

Quote from: ALBOS Project on June 29, 2018, 03:22:52 PM

Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!

What a nice question, using cryptocurrency card is very easy and convenient but just that you will be charged for using the card too.

You mean the commission, right? Well, traditional bank cards also charge for some transactions

ALBOS Project

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Quote from: franantp on June 30, 2018, 08:09:17 AM

I once had a virtual cryptocurrency card that was used to buy some stuff online, because automatically our nominal balance was mixed with fiat. but when my deposit did not come in at all when it took to buy stuff online I stopped using it. that's my experience

So, as far as I got it, your card for only for online purchase? No offline shops?

Topic: Do you use cryptocurrency cards? - page 2. (Read 600 times)