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Author Topic: Do you use a Bitcoin debit card?  (Read 7777 times)
yugo23
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January 23, 2017, 10:45:19 AM
 #121

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
They got fees for each transactions?
Damn, 20$ + fees it's not cheap xD

Anyway I don't really like the idea because that means putting your BTC on xapo... And that's not something I'll ever do I think.
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January 23, 2017, 11:00:42 AM
 #122

I have never used any of the cards relating to  bitcoin. Registered for the card that's been issued by bit-x, fortunately haven't received the card. That card is available for selected countries with limited services.

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szpalata
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January 23, 2017, 11:05:35 AM
 #123

I have never used any of the cards relating to  bitcoin. Registered for the card that's been issued by bit-x, fortunately haven't received the card. That card is available for selected countries with limited services.

Same here and even if it was available worldwide what's the essence of such a card(with high transaction fees, I'm told). It defeats the purpose of decentralization because you'll be having your funds kept by the card company and they can be hacked. I think everyone should learn how to keep his/her wallet safe.
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January 23, 2017, 11:06:54 AM
 #124

No I don't. As a European, my choices are quite limited + the fee is high.

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January 23, 2017, 11:13:50 AM
 #125

No I do not have any bitcoin Debit card as there is no any ATM for bitcoin in my country, I hope it will reach sooner to our country as the users of bitcoin are increasing faster in my country and the government is also in its favor.

If I'm not mistaken, these are not true Bitcoin payment cards. These cards are like regular Mastercards or Visas with the only difference being that your account to which they are linked is a Bitcoin account (otherwise known as online wallet)...

The benefit is that you don't have to convert your bitcoins to fiat manually

Oh! will that debit cards from bitcoin wallet work on our normal ATM machines?
If that is right then I will order one as soon as possible as I also have not ordered it because of the idea that it will not work on normal ATMs,
If you meant the swipe machines then it would work as they are just visa / mastercard debit cards just there are loaded with bitcoins.
I have used spectocoin virtual debit card to make purchase from online stores that don't accept bitcoins till now.

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January 23, 2017, 11:22:10 AM
 #126

Debit cards. Ohhh. Created to make people be tempted into using it. This is a good strategy by Xapo into making their wallet more profitable and it will be fast considering there are a lot of people who would want to try it. Yeah, who dont? We want to spend our hardworked bitcoins sometimes to just feel the goodness of it.

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Tanic
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January 23, 2017, 01:01:47 PM
 #127

I have never heard about bitcoin debit card. But I'm interested to have one in the case if fees that I pay from using te card is lower than that those fees that I pay to an exchanger when I classically cashing out my bitcoins on my card.
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January 23, 2017, 01:13:07 PM
 #128

XAPO is making ways to make their wallet more usable by their holders, tho it is a good strategy, but it will make the users to spend more, anyway who does not want to  try to spend their bitcoin in public.
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January 23, 2017, 01:53:43 PM
 #129

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

Wow. The bitcoin really have grown. From some online-crypto-thing, now we have a debit card to use.
Although my mom use to say, use cash only, never get yourself a debit card/credit card. Hopefully she will change mind if I tell her about this. Cheesy

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January 23, 2017, 01:59:21 PM
 #130

I can't find local options for Bitcoin credit cards and they have even bigger fees than the conventional credit cards

So I prefer pay directly with BTC, when not possible I just withdraw from some exchange what I need
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January 23, 2017, 02:03:46 PM
 #131

I once tested a debit card that accepted bitcoins as a loading option.
Some online shops acepted it, other did not. Then the money was put on hold and I had to wait a few weeks until it was cleared as a refund.
Personally I do not use it anymore because most shops I intended to use that card now accept bitcoin directly.

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January 23, 2017, 02:32:07 PM
 #132

I have not used it yet. I have decided to buy zapo card.Now,each and every time, i have to contact localbitcoins.com to convert my bitcoins into fiat.If we have the bitcoin debit card, we can use it to buy products just like other debit cards.It will be very much helpful to use bitcoins in day to day life.
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January 23, 2017, 03:00:51 PM
 #133

Im not using bitcoin debit card it's not available here in my country but once it available for sure im going to get one for fast transaction also for fast buying items or maybe to shop online because there are some online store here in my country that accepts bitcoin as a payment method.

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January 23, 2017, 03:26:45 PM
Last edit: January 24, 2017, 03:23:52 PM by Bitcotalk
 #134

I do not use any bitcoin debit card because till now I did not feel the use of bitcoin debit card because I do not do shopping from those places where a debit card is used so whenever I need some money I withdraw my money using my bank account while in some times I use my bitcoins directly from my wallet.
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January 23, 2017, 08:18:38 PM
 #135

Are there any legit bitcoin debit cards?

I remember a few years ago the only website claiming to have a BTC debit card was owned and run by Moriarty, a known scammer.

Has that changed?

 Huh
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January 23, 2017, 08:43:54 PM
 #136

Who are the card issuers for the MasterCard version of these bitcoin debit cards?
I know Gibraltar is for Visa ones.

Are there any that don't charge you monthly to not have a balance on the card?
I can understand if you do but if I want to keep it dormant until I need it then this does not make sense. I just want to have the card ready and waiting for when I want to start using it.
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January 24, 2017, 01:51:09 AM
 #137

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 use Xapo, I have used it for something like a month or two now, and I have to say it is a pretty good investment in my opinion and I haven't had any issues using it with any of my purchases. The only thing I don't like about it are the spending limits without identification verification, but that does make sense for a fair number of reasons, and I do respect their need for the verification.
I'm not using bitcoin debit card  or planning to have one. I don't like the idea of spending with debit card and have to pay high fees, remind me of conventional bank service which I don't like it in the first place. Depends on the FAQ to use the debit card, unfortunately I can't say too much as I don't know for sure, but if the idea similar to bank debit card, then it's not worth, at least for me.
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January 24, 2017, 07:55:55 AM
 #138

I'm not using bitcoin debit card  or planning to have one. I don't like the idea of spending with debit card and have to pay high fees, remind me of conventional bank service which I don't like it in the first place. Depends on the FAQ to use the debit card, unfortunately I can't say too much as I don't know for sure, but if the idea similar to bank debit card, then it's not worth, at least for me.
Same here. I hate the high fees associated with most of the bitcoin debit cards. In my personal opinion, bitcoin debit cards are out of basic concepts of bitcoin system like we are selling bitcoins for the purposes of spending them. Even we are using bitcoins through debit cards it is equivalent to selling, I am really against it.
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January 24, 2017, 08:47:46 AM
 #139

We all know that Bitcoin debit card is not just a debit card like all the original debit cards, we can say that all original debit cards are not just debit cards. We can see that debit cards from other company have hidden charges, but we cannot all see it. Just like on bitcoin debit card, we cannot see what will be the hidden charges will be ?
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January 24, 2017, 09:01:45 AM
 #140

Bitcoin in my country are still banned and no one has used it officially as a means of payment. No news as to tell that there are outlets that accepted bitcoin. This ia because peoples knows bitcoin is still scarce. If I have a debit card bitcoin, of course, is not useful, so I do not have a debit card bitcoin.
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