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Whosdaddy
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March 05, 2016, 06:50:37 AM |
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Is a bitcoin debit card just like a wallet? Is it easy to send a payment online just like I normally do with any other wallet?
Bitcoin debit card is nothing but same as your ATM card or bank issued debit or credit card. The funding source alone different. To a bitcoin debit card, you can top up it with your bitcoins. |
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CryingMidget
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March 05, 2016, 06:53:19 AM |
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Is a bitcoin debit card just like a wallet? Is it easy to send a payment online just like I normally do with any other wallet?
Bitcoin debit card is nothing but same as your ATM card or bank issued debit or credit card. The funding source alone different. To a bitcoin debit card, you can top up it with your bitcoins. Lol first know about and talk dude. It will reduce exchange charge, forex charge and no need to find the traders, escrow or anything. Card is this much useful one. Try for it first. I have advcash card. |
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DimensionZ
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Activity: 350
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Shit, did I leave the stove on?
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March 05, 2016, 08:40:21 AM |
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It seems like a big advantage being able to withdraw money at ATMs and purchase goods online where only credit cards are accepted but the fees are too much to handle for me and negate this convenience.
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eternalgloom
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March 05, 2016, 08:57:53 AM
Last edit: March 05, 2016, 09:10:42 AM by eternalgloom |
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Bitcoin debit cards are especially usefull if you have a large amount of coins to spend and need to use services that don't accept Bitcoin.
Not worth it if you do not have that many coins, since the fees are pretty steep in general.
How many times do we have to tell you, the fucking fees are zero! Is ZERO too much for you? I've seen Bitcoin cards with fees. The fees are only zero for BitX. Other cards exist. @RawDog: No need to be a complete asshole.. Like tommorisonwebdesign said, there are other cards, actually most cards have various fees, cards with ZERO fees are the exception. Plus I went to their website and checked out their fees (BitX), and there are still some fees. OP did not state if he was talking about a virtual card or a physical card, there are always going to be fees when you order a physical card.  ** POS (Point of Sale) Transactions - In-shop or online payments. Source: https://bit-x.com/guide/bitx-cardsAll I said was that it's pretty stupid to have a debit card if you only have like half a Bitcoin to spend, every few dollars in fees are going to add up. |
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Nextgen
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March 05, 2016, 09:06:07 AM |
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so seen some companys that offers bitcoins debit card what is the advantage of having them? I think the company's who offer those services are most probably backed by the governments officials.I could be wrong but anything which requires your data or stores your transaction history is not innocent IMO. AFAIK Xapo has that option too or is limited to grocery items.But still you are telling them all about yourself and i don't think there could be any severe advantages that could overcome the issues. |
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justspare
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March 05, 2016, 10:19:05 AM |
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The advantage is that you can make transactions quickly without your computer or phone. That is really the only advantage of a Bitcoin debit card.
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faridkifly
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March 05, 2016, 10:59:37 AM |
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yes I think is also very helpful. but it seems I can not feel it in my country. I hope that soon be in my country  |
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eon89
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★YoBit.Net★ 350+ Coins Exchange & Dice
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March 05, 2016, 11:06:51 AM |
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yes I think is also very helpful. but it seems I can not feel it in my country. I hope that soon be in my country Bitcoin debit card? Wouldn't that imply a bank? Who would issue these cards? |
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jethrorn99
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March 05, 2016, 11:32:41 AM |
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If a website doesn't accept btc, then you need debit card for it.
That's the advantage of debit card since it's still more popular than BTC.
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ekoice
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March 05, 2016, 02:07:25 PM |
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I think it is a great card like other debit cards and it is quite good so enable every one to use their bit coins but on other side it is not looking that safe like other bank debit cards which are very safer enough and make all feel safe about the money. If this card is safe in lieu of bit coins then it is the best preferable.
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MFahad
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March 05, 2016, 02:40:17 PM |
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Is a bitcoin debit card just like a wallet? Is it easy to send a payment online just like I normally do with any other wallet?
Bitcoin debit card is nothing but same as your ATM card or bank issued debit or credit card. The funding source alone different. To a bitcoin debit card, you can top up it with your bitcoins. Lol first know about and talk dude. It will reduce exchange charge, forex charge and no need to find the traders, escrow or anything. Card is this much useful one. Try for it first. I have advcash card. Can you tell which wallet offers debit card ? I haven't heard anyone offering bitcoin debit card. |
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n0ne
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March 05, 2016, 02:48:47 PM |
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Is a bitcoin debit card just like a wallet? Is it easy to send a payment online just like I normally do with any other wallet?
Bitcoin debit card is nothing but same as your ATM card or bank issued debit or credit card. The funding source alone different. To a bitcoin debit card, you can top up it with your bitcoins. Lol first know about and talk dude. It will reduce exchange charge, forex charge and no need to find the traders, escrow or anything. Card is this much useful one. Try for it first. I have advcash card. Can you tell which wallet offers debit card ? I haven't heard anyone offering bitcoin debit card. I don't think some wallet is providing debit cards. In the services section you can find few signature campaigns providing debit cards. Some of the bitcoin trading websites also providing debit cards for $30 or some related value. |
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traderbit
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March 05, 2016, 02:56:12 PM |
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so seen some companys that offers bitcoins debit card what is the advantage of having them?
anyone using them what is the transactions fees am courius
One of the bet advantage of bitcoin debit card that i mostly like is that it can save you hours or days when you are in a hard situation and you need fast to convert your bitcoin to fiat and use them immediately (in emergencies situations) |
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RawDog
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March 05, 2016, 03:14:46 PM |
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Bitcoin debit cards are especially usefull if you have a large amount of coins to spend and need to use services that don't accept Bitcoin.
Not worth it if you do not have that many coins, since the fees are pretty steep in general.
How many times do we have to tell you, the fucking fees are zero! Is ZERO too much for you? I've seen Bitcoin cards with fees. The fees are only zero for BitX. Other cards exist. @RawDog: No need to be a complete asshole.. Like tommorisonwebdesign said, there are other cards, actually most cards have various fees, cards with ZERO fees are the exception. Plus I went to their website and checked out their fees (BitX), and there are still some fees. OP did not state if he was talking about a virtual card or a physical card, there are always going to be fees when you order a physical card. All I said was that it's pretty stupid to have a debit card if you only have like half a Bitcoin to spend, every few dollars in fees are going to add up. Can you please explain to me why there is no need to be a complete asshole. I don't understand this. Second - then choose the fucking card with ZERO fees!!! If you don't like the cards with fees, it seems a pretty clever solution to take the one that doesn't have fees. You don't have to be a crypto-guru to understand how that works. |
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Aamir1
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March 05, 2016, 04:16:03 PM |
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A bitcoin debit card can have many advantages, like cashing out money anywhere in the world without any problem of exchanging them to your home currency, and paying anywhere debit cards are accepted.
I don't know about fees as i have never used one but i would love to use one in future when i'll have enough bitcoins to be spent.
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ctlaltdefeat
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March 05, 2016, 09:34:14 PM |
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so seen some companys that offers bitcoins debit card what is the advantage of having them?
anyone using them what is the transactions fees am courius
bitcoin debit card will make you easier to use bitcoin in some store that not accept bitcoin but accept debit card,but i think using debit card is wasting money on fees,some people above me tell it and make me won't to create bitcoin debit card for now,its not have a good benefit in my opinion. |
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CasioK
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March 06, 2016, 04:47:13 AM |
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so seen some companys that offers bitcoins debit card what is the advantage of having them?
anyone using them what is the transactions fees am courius
Here, check this topic: Bitcoin Debit Cards! [Updated] https://bitcointalk.org/index.php?topic=1155883.0The list has not been updated since december and there are more debit cards that have been launched in Jan and feb wth a reasonable fee compared to those listed in the thread. Bit-x and Xapo are the most reliable ones though but the fee is too high. |
INVALID BBCODE: close of unopened tag in table (1)
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RawDog
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Activity: 1596
Merit: 1026
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March 06, 2016, 05:25:50 AM |
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The list has not been updated since december and there are more debit cards that have been launched in Jan and feb wth a reasonable fee compared to those listed in the thread. Bit-x and Xapo are the most reliable ones though but the fee is too high.
Xapo is garbage with high fees and don't ship to US. Coinbase (Shift) has wallet, no fees and ships to US. |
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qiwoman2
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Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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March 06, 2016, 08:56:15 AM |
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If you decide to make purchases offline then it's great to have a bitcoin debit card. I plan to get one eventually perhaps from coin base so if I ever can use bitcoin for my living expenses then I would want a car for sure. I really think it's a neat way to store a couple of bitcoins at a time.
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lrdeoliveira
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March 06, 2016, 09:04:10 AM |
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so seen some companys that offers bitcoins debit card what is the advantage of having them?
anyone using them what is the transactions fees am courius
the advantage in my opionion is that you can spend directly your bitcoins for fiat, i personally use the goldmoney prepaid card from bitgold, and i like it a lot, now i'm searching for a bitcoin debit card ( whit the goldmoney i have i don't spend bitcoin but gold) |
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