SpectroCoin, the U.K.-based bitcoin exchange and wallet, has introduced bitcoin debit cards denominated in USD and GBP, complementing its existing EUR-denominated cards. These cards remove the fiat conversion fees needed with regular debit cards when using a specific denomination in a foreign country.Bitcoin debit cards make it easier for bitcoin holders to use bitcoin for making both online and offline payments. The bitcoin-funded cards remove the need to convert bitcoin into fiat to make payments. The SpectroCoin cards are accepted where MasterCard and Visa are accepted. Users can fund the cards with bitcoin using the SpectroCoin wallet.
Card Limits
There are separate fees for verified and unverified cards. Users can verify cards by providing a passport or ID card and a utility bill.
The minimal load is $25/€25/£25 both unverified and verified.
The maximum top-up amount is is $2,500/€2,500/£2,000 unverified and $10,000/€10,000/£8,000 verified.
The maximum single ATM withdrawal is $200/€200/£160 unverified and $1,000/€1,000/£800 verified.
The maximum ATM withdrawal per day is $400/€300/£320 unverified and $2,000/€2,000/£1,600 verified.
The maximum number of ATM transactions per day is two, both verified and unverified.
The total ATM withdrawal limit is $1,000/€1,000/£1,000 unverified and no limit verified.
There is no limit for maximum point of sale amount per day in retail establishments.
The maximum lifetime load is $2,500/€2,500/£2,000 unverified and no limit verified.
Read more :
https://www.cryptocoinsnews.com/spectrocoin-intros-usd-gbp-denominated-bitcoin-debit-cards/
