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Author Topic: Do you use a Bitcoin debit card?  (Read 7712 times)
musharaf
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October 02, 2017, 05:39:03 AM
 #201

No I don’t know about bitcoin debit card .
When I get some money through bitcoin then I will try to use bitcoin debit card.
If you have some money in wallet then you must have a debit card to withdraw that.

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BUK2016
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October 02, 2017, 05:42:13 AM
 #202

I have never use bitcoin debit card since I know about bitcoin because the ATM which accept bitcoin is not available in my country. But hopefully, in the nearest future the ATM should be available every where in my country for everyone to use, since the numbers of bitcoin user are increasing day after day.
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October 02, 2017, 05:42:34 AM
 #203

i am not using bitcoin debit card because in my country, i am having difficulties to find any local store or online store that accepting bitcoin debit card. but maybe if in future, there is any store available, i will order the debit card so i can trying to use the card to buy something. but i think it feels the same as we use debit card or credit card from the banks and the different is we can use our bitcoin directly without withdraw bitcoin first.
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October 02, 2017, 05:50:16 AM
 #204

Just curious how many users use one of these..

I've started using Xapo and its pretty good actually.
I can buy whatever I want with BTC.

They have some fees,I tried finding some companies with lower fees but no luck.

They card costs 18$,I guess it was..Actually all companies want like 15$-20$ for a debit card.
Which is a good investment..I guess..

Which one do u use and what are their fees? Smiley

I am not use a bitcoin debit card because this coin not accept our country, but this coin accept our country i will definitely use this card.

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October 02, 2017, 05:53:35 AM
 #205

Bitcoin debit card isn't really available in every country as for now. But I love to have one. Since there are not much stores accepting Bitcoin as for now. Therefore, we need banks for converting first our Bitcoin to fiat and then use that in stores. Bitcoin debit card will make that process easy. I am anytime ready to have that kind of debit card until Bitcoin doesn't becomes mainstream.
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October 02, 2017, 06:05:09 AM
 #206

I wanted to get a bitcoin debit card sometime, but really, the card fees are too high. That's why I use other cards. If you know a debit card that does not cost a card, I would expect the proposals.

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October 02, 2017, 06:18:21 AM
 #207

I wanted to get a bitcoin debit card sometime, but really, the card fees are too high. That's why I use other cards. If you know a debit card that does not cost a card, I would expect the proposals.

I don't want to get a bitcoin debit card, it will be useless to me as I'm a person that keeps on saving and the fees does matter to me. And that's why I'm doing my best just to budget the things that I need to buy. But well I wanted to experience and maybe I'll get when I've got tons of money and the fees aren't big deal to me anymore but for now, I have no interest of using it.



 

 

 

 

 

 


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October 02, 2017, 06:23:19 AM
 #208

I dont use it. I plan to.
For now i just transfer bitcoin to cex.io , sell it there. Rates are always 1-2% higher than anything you can buy at other places.
Than i just transfer money to visa. 3.80 flat. Very fast. I actually gain couple of USD in process.
It takes couple of days to approve card there.
Very nice service. Highly recommended.

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October 02, 2017, 06:51:05 AM
 #209

I still haven't used my btc as for debit cards but I mostly used this for online transactions - though my online wallet can let us use it as a credit and debit card.
I guess the transaction fees are very high on this case.
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October 02, 2017, 07:11:29 AM
 #210

I don't really understand the point of them. It's just too easy to change between Fiat and Bitcoin and back again. Really I kind of used Bitcoin for one set of things and fee on for another set of things so I don't see the need to have that sort of instant access through an ATM card.

You are right. There is no such need of keeping the Bitcoin Debit card. But I think there will be no harm in it that if we keep it with ourselves and use it. It will do nothing but will give us more comfort as compared to what we had in past and will help us in managing the things in a better way as before.

The local exchange wallet that I've been using has given me some convenience because I can easily exchange my BTC into fiat but I think having a bitcoin debit card would also be convenient. With a bitcoin debit card, I won't have to retrieve or carry the fiat. Fees may be a problem but there are also fees when I exchange BTC and when I use credit cards. I don't own a bitcoin debit card because I don't think that it's available in my country nor will I be able to use it as there are no merchants which accept it, from my knowledge.

I guess it could also provide you a sense of security, because you may use the bitcoin debit card in times of emergency.
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October 02, 2017, 07:33:15 AM
 #211

No, I don't, I can't find any ATM near me, and I only know just one Bitcoin ATM which is miles away from me. If I have a chance and I can use it. In City where I live, I can't find any way to use it unless ATM machines would accept it. I am willing to try it.

But for now, I am comfortable to just using exchanges and just converting to fiat and then deposit the money to my bank account. I am willing to try it though if there is a chance.

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October 02, 2017, 07:47:18 AM
 #212

Actually I am not yet famailiar with this but with the word itself, it is actually an interesting idea. However, I have insights that what may bring this idea in a bad side. First is that people might tend to have more access to it therefore giving hackers other means to hack Bitcoins.

Also one bad side is that we really dont have to use or dont need to debit card unless Bitcoin will continue to grow thst almost everyone is using it.
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October 02, 2017, 08:00:25 AM
 #213

No, I do not. I do not find any comfortable while using this type of card although there are many people using them and even invest their money into many ICOs that relate to the debit card industry such as Tokencard, MOnaco, Tenx, etc. Bitcoin is for the people who want to be anonymous. Debit card is for people who want to reveal their identity to the world

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October 02, 2017, 01:39:44 PM
 #214

I thought of using a bitcoin debit card in past but it's fees were staggering high at that time because the debit card was the new trend back then and it's per transaction fees, withdrawal fees and monthly maintainance fees were quiet high, so I left the idea of using debit card and got verified my poloniex account and then started withdrawing from that account to my bank account, this costs me kuch less in fees as compared to the other alternative, i.e. Debit card. But today I got interested again in bitcoin debit cards by reading this topic, so maybe I can think of it once again if the fees would have been reduced now.
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October 02, 2017, 11:37:28 PM
 #215

I haven't heard about bitcoin having a debit card, maybe because its not yet available in our country. But if it will be available in our country maybe ill use it for it will be more accesible to us specially since not all of the stores accepts bitcoin.

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October 02, 2017, 11:40:59 PM
 #216

I don't but I think it's centralized like online walkers and do your coins wouldn't be as protected as you'd want to store them in an offline wallet or even blockchain qt wallet.
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October 02, 2017, 11:51:23 PM
 #217

I noticed it on xapo when I had just joined bitcoin community about two years ago I think they were planning it at that time but I never cared to get it as I never felt the need for it but having known you guys using it and finding it convenient to use I think I would give it a try in the future especially when there's a bitcoin ATM in my city, currently there's none in my city.

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October 03, 2017, 01:14:12 AM
 #218

That would be great, if all places accepted bitcoin payments. I've been using Cryptopay when traveling and it has been working great. So until every store accepts btc payments I guess we're stuck with 2% transaction fees. Just using a card in my country's currency would result in a conversion fee larger than that. Xapo for now is not the best anymore when fees of them are really high
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October 03, 2017, 02:09:12 AM
 #219

No, there is no facility in some Asian countries.
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October 03, 2017, 02:58:44 AM
 #220

Just curious how many users use one of these..

I've started using Xapo and its pretty good actually.
I can buy whatever I want with BTC.

They have some fees,I tried finding some companies with lower fees but no luck.

They card costs 18$,I guess it was..Actually all companies want like 15$-20$ for a debit card.
Which is a good investment..I guess..

Which one do u use and what are their fees? Smiley
I have no idea about this .Because bitcoin debit card are not allow in our country.I am use now payoneer master card  but its card cost so so high.I think most of asia country not fullyful legal bitcoin

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