advantage of bitcoin debit card?

[mynameisdon]

well...i have not bitcoin debit card yet,but i am thinking to buy a debit card from good website.its advantage for me is that

i can withdraw my bitcoin in fiat currency when i need anytime.
i can withdraw my btc in any atm service.
i can get withdraw in best rate anytime.

[MFahad]

well...i have not bitcoin debit card yet,but i am thinking to buy a debit card from good website.its advantage for me is that

i can withdraw my bitcoin in fiat currency when i need anytime.
i can withdraw my btc in any atm service.
i can get withdraw in best rate anytime.

Buying a debit card is a very good option. but not countries are accepting or offering the bitcoin debit card.
We shall have to wait a little more before bitcoins debit cards are widely available for everyone.

[hkla241]

own a bitcoin debit card myself and for me it has been quite useful as I can easily spend my bitcoins in stores that I purchase from regularly. Yes, bitcoin debit card is a good way to spend

[Whosdaddy]

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

[neonshium]

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

Nothing wrong in using bitcoin debit cards to spend our bitcoins. It gives extra power to bitcoin ecosystem to it's spending capability. With bitcoin debit card, you can transact your bitcoin anywhere even with the people who do not know what is bitcoins.

[Genius Einstein]

The benefits of having a bitcoin debit card that i know of is that you are able to spend and use up bitcoins where you normally are not able or required to.

[n0ne]

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

Yes agreed on your statement, but during cash out or converting the bitcoins to dollar we need to visit a exchange or trader. Now with the use of bitcoin Debit Card this can be avoided.

[mikewirth]

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.

I agree your perspective. Moreover I'm against using bitcoin debit card. Because with the bitcoin wallet itself we are able to spend bitcoins. There is no need of using any ATM cards to spend bitcoins.

Yes agreed on your statement, but during cash out or converting the bitcoins to dollar we need to visit a exchange or trader. Now with the use of bitcoin Debit Card this can be avoided.

Furthermore, there are more bitcoin debit cards provider who support 2-way debit cards.
So, you can convert bitcoin to fiat and convert fiat to bitcoin. Most of them also can deposit from banks in many countries.

So, you don't have to visit exchange site anymore
Just pick bitcoin debit cards which is legit and has low fees.

Slowly but surely, it is coming to a debit card near you.

[Hugroll]

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 biggest advantage i see is that the card allows you to use your bitcoins pretty much everyone in the world, since most if not all merchants accept credit cards. im sure this advantage comes with a decently high transaction fee though.

[KennyR]

Best a user can get with the bitcoin debit card is the usage of this card in exchanging bitcoin to fiat. Not many companies accept this card.Services available through this card is also very low.

[mikewirth]

Best a user can get with the bitcoin debit card is the usage of this card in exchanging bitcoin to fiat. Not many companies accept this card.Services available through this card is also very low.

All companies accept this card.  They don't know the difference between it and any other Visa card.  It works everywhere.  With a debit card, your bitcoin can be spent in many millions of places all over the world - today.  It works perfectly.  

Go get your card today.  The Shift card is the best card.  https://www.shiftpayments.com/

[jkrules]

Best a user can get with the bitcoin debit card is the usage of this card in exchanging bitcoin to fiat. Not many companies accept this card.Services available through this card is also very low.

I agree with you bro. I guess bitcoin debit card will reduce the charges than exchanges.

[Wendigo]

Bitcoin debit cards have a lot of advantages like being able to withdraw funds at ATM's and paying for things at brick and mortar stores worldwide where any type of credit cards are accepted. But convenience has a price and that is the greatest disadvantage for me - the fees are too high. I hope as more Bitcoin companies emerge offering new debit cards the increasing competition will drive them to lower the fess or get rid of them completely. I think debit cards will no fess will be a hit overnight.

[Grillo]

The biggest advantage is that you can use your BTC to pay in any shop. So btc becomes "accepted" everywhere.

[Zuminest]

withdraw your funds anonymously and securely at any ATM worldwide.. you can use your bitcoin debit card to buy goods and services online anonymously.. you can also use it in stores...

Posted From bitcointalk.org Android App

[Ardenyham]

Calling it a bitcoin debitcard is a wrong way in even referring to it, it's just a debitcard that is linked to your exchanger account and you can withdraw your USD balance to it "or exchange BTC to USD and then send it to the debitcard", a real bitcoin debitcard would be BTC based in my opinion.

[CasioK]

The biggest advantage is that you can use your BTC to pay in any shop. So btc becomes "accepted" everywhere.

Yes, bitcoin debit cards has many advantages. Bitcoin debit cards makes bitcoins more liquid to use it anywhere in this world. But, when you are considering the advantages of bitcoins in future we are going to get, we must to stick within wallet and wait for bitcoin direct spending.

[Adrorecia]

The advantage of bitcoin debit card is that the transaction is super fast. Besides that it is super fast it is also extreme cheap to transect money.
It does not matter if you are transecting money locally of internationally.

[TastyChillySauce00]

The advantage of bitcoin debit card is that the transaction is super fast. Besides that it is super fast it is also extreme cheap to transect money.
It does not matter if you are transecting money locally of internationally.

cheap can't match well with debit card, basically debit card took fees every transaction, when you want to get a cash from your local atm, it'll charge you 3.5$ for international atm and 2.5$ for domestic atm,it's waay to high if you'd compare it to some local exchanger which accept bitcoin,but it'll become no problem if you can afford it

[Hirose UK]

Bitcoin debit card is very good idea and it will push bitcoin further to become a mainstream currency. But the world first needs to be educated about bitcoin. A majority of the world population don't know what it is and what its use.

But bitcoin debit card is a very welcoming change. Only I wish the fees are lower though.

I think a debit card will cost you more in fees, am I wrong?
someone has told me that a debit card will slave you.
so I'm wondering what are the advantages of this thing?