Cryptocurrency is the talk of the world ever since its launch. With more advancement in the near future, there is no guarantee what will happen and when. People are getting even more interested in trading cryptocurrency with the passing time.
If you are a crypto user, you might have wondered: What if I could pay for my lunch with crypto? This has been a frequently asked question from the traders of cryptocurrencies like Bitcoin and Ethereum. Companies like Bitcoin Prime are working to make this dream come true with the innovation of bitcoin debit cards.
A bitcoin debit card is just like an ordinary debit card. However, there are a lot of perks you can have from using a Bitcoin debit card instead of an ordinary debit card.
Where to use a Bitcoin debit card?
A bitcoin debit card is not just a fancy thing you can carry with you to show off to your friends. It is a legit debit card that is connected to your bitcoin wallet. There are many shops, markets, and brands out there that allow you to not just pay in cash but through your debit card.
Not just these markets, you can also use a debit card to shop online. Just like an ordinary debit card a Bitcoin debit card can be used to pay for your bills. It can even be used in shopping online. With the perks of a Bitcoin debit card being Visa or Mastercard, that many Bitcoin debit card providers offer, you can use it almost everywhere to shop.
Another way of using a Bitcoin debit card is by using it in ATMs. This use has been a great joy for people who use Bitcoin wallets. With this; a bitcoin debit cardholder can take actual cash out of an ATM.
How does a Bitcoin debit card work?
A bitcoin debit card works just like an ordinary debit card. A bitcoin debit card is linked with your bitcoin wallet. If a shop where you are purchasing an item is allowing you to use a debit card, it is most likely that they will also accept a bitcoin debit card. Just give the bitcoin debit card and you can pay directly out of your bitcoin wallet. The amount that is paid is removed from your bitcoin wallet, reducing the total amount. Or if you are withdrawing the amount available in your bitcoin wallet from an ATM by using a bitcoin debit card. The specific amount is converted into whichever currency you are withdrawing and reduces your bitcoin wallet.
How to get a Bitcoin debit card?
Many companies are providing Bitcoin debit cards. One of these providers as well as a funded Bitcoin wallet is crucial for getting a Bitcoin debit card. After the funds are made to your bitcoin wallet, you become eligible for requesting a bitcoin debit card. You may even get both physical and online debit cards for extra security when you are shopping online.
Fewer expenses on conversion
If you are a fan of traveling you might as well need to have your money converted from one currency to another. For instance, you might need to convert your money from USD to Pounds. These conversions require a lot of conversion fees.
On the contrary, using a Bitcoin debit card, you get an expense-free transaction. For instance, if you want money in pounds, you just have to get it out of your Bitcoin wallet and by the nature of a bitcoin debit card, your bitcoins will be converted directly to the currency needed.
Cryptocurrency will continue to grow in the future and the launch of bitcoin debit cards is proof. If you still haven’t invested in trillion dollar currency, you are missing out a lot!
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