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Author Topic: How many people are using Bitcoin debit card?  (Read 10257 times)
joksim299
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September 20, 2015, 01:26:19 AM
 #201

I don't use any of these bitcoin debit card because I can easily convert my bitcoins to cash with very less fee compared to these debit card. That's why I never used these cards.

I am using BIT-X debit card and it is very good.I got it for free and there is no monthly fee for a card (first 10k users).
Entire BTC balance is available for spending. ATM fee is not that high 0.01BTC + 3% exchange fee.

According to me the charges you mentioned is not very less, they are quite higher side but you have a option to convert your coins to cash easily.
 

I have to pay just ATM withdrawal fee and it is not a lot because it is the easiest way for me to exchange btc to cash and I do not withdraw so often.

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MinerHQ
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September 20, 2015, 01:31:49 AM
 #202

Not for me. When it comes to plastic card i supposed that is only for my fiat and use it for daily spending. So i don't want bitcoin to be associated or linked to that for any reason.

Yes I also don't have one and no need also because I can liquidate my coins easily so need of these high fee debit cards.

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lorylore
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September 20, 2015, 11:11:22 AM
 #203

I don't use any of these bitcoin debit card because I can easily convert my bitcoins to cash with very less fee compared to these debit card. That's why I never used these cards.

I am using BIT-X debit card and it is very good.I got it for free and there is no monthly fee for a card (first 10k users).
Entire BTC balance is available for spending. ATM fee is not that high 0.01BTC + 3% exchange fee.

According to me the charges you mentioned is not very less, they are quite higher side but you have a option to convert your coins to cash easily.
 

That is awesome for you then,
Personally i find hard to convert to cash without any huge loss,
The best way is to find somebody locally or using these debit cards.

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wearepoor
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September 20, 2015, 04:07:58 PM
 #204

I don't have Bitcoin debit card but i think many people are using bitcoin debit card. I think that its not a good idea to use debit card for bitcoins, there are so many restrictions and limitations for the use of bitcoins. Only few people are accepting bitcoins instead of our traditional money, once bitcoins are accepted universally then the use bitcoin debit card will be increased.

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lorylore
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September 20, 2015, 06:35:46 PM
 #205

I don't have Bitcoin debit card but i think many people are using bitcoin debit card. I think that its not a good idea to use debit card for bitcoins, there are so many restrictions and limitations for the use of bitcoins. Only few people are accepting bitcoins instead of our traditional money, once bitcoins are accepted universally then the use bitcoin debit card will be increased.

Well bitcoins is not accepted worldwide but the list is growing.
Personally i prefer more to deal and pay via bitcoin rather than any other payment processor.
But the bitcoin debit cards make it easily like our locally debit cards and get the cash in a few moments.

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