How the Bitcoin Card Works
Bitcoin is a form of crypto currency that’s becoming increasingly popular all over the world. Bitcoin can be stored offline and securely and it can easily be converted to other currencies. It can also be used for making global payments. It is controlled only by a decentralised network of users, and is not controlled by central banking authorities.
Bitcoin is an innovative payment method that allows users to complete financial transactions without revealing their identity or sensitive data.
It is a form of digital currency that isn’t controlled by a central authority.
As popularity increases, the demand for simpler ways to buy bitcoin is increasing too.
While credit cards are still the main way through which people are opting to buy bitcoins, more people are opting for bitcoin debit cards.
The bitcoin debit card let you easily spend bitcoins anywhere like cash.
With low commission and free worldwide delivery, the Bitcoin card is accepted anywhere debit cards are accepted.
In South Africa, exchange site CryptoPay offers a great Bitcoin card.
The card works online, offline an internationally. You also have the option of choosing a plastic debit card (for ATM withdrawals and online shopping) or a virtual debit card (ideal for online shopping).
It’s easy to load your CryptoPay debit card with funds from your CryptoPay Bitcoin Wallet. No ID verification is required, provided you are happy to stay within the lower debit card limits.
With the bitcoin card, you get unlimited online transactions and it also offers the easiest and fastest way to cash out your bitcoins.
The card is also usually funded instantly, so you don’t have to worry about exchanging your bitcoins in advance. Getting the Bitcoin card also allows you to spend bitcoin anywhere or convert bitcoin to cash at any ATM.