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Author Topic: Bitcoin Powered Credit Card ???  (Read 1598 times)
adzino
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February 11, 2017, 01:20:23 PM
 #21

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??


If Not Then I Can Build One,, ANY SUGGESTIONS ?
There many virtual pre-paid credit cards which you can top-up with bitcoins. I used ADVcash once. Was satisfied with their service but have low limits. So you will have to eventually verify your ID to raise your limits.

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February 13, 2017, 12:45:14 PM
 #22

I once used Bit-X prepaid card to load Bitcoins to it. Eventually, I lost money because each time I used this card to pay for something, the exchange rate was unpredictable and not the best one.
Therefore, my scheme is as follows. I have a Bitcoin wallet where I store Bitcoins. If I want money on my ordinary card, I convert Bitcoins to USD at the rate that I see and can more or less choose, and withdraw the money (USD) to the card. Since CEX.IO introduced the feature of card withdrawals, I am using it more and more. I even ordered a VISA card at my bank, cause the withdrawal fee for Visas on CEX is $3.80 only.
As said, I am not dealing with prepaid cards anymore, because it is not as transparent as I'd like it to be
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February 13, 2017, 01:32:35 PM
 #23

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??


If Not Then I Can Build One,, ANY SUGGESTIONS ?
There many virtual pre-paid credit cards which you can top-up with bitcoins. I used ADVcash once. Was satisfied with their service but have low limits. So you will have to eventually verify your ID to raise your limits.
Yeah there actually are alot of them, but all use the same platform of mychoicevisa so they all have the same limitation. I have used wirex, uquid, spectrocoin and ADVcash out of these ADVcash has the highest fees so it's not a good choice.
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February 13, 2017, 10:04:25 PM
 #24

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??


If Not Then I Can Build One,, ANY SUGGESTIONS ?
You can try https://spectrocoin.com

30+ currencies, bank wires, credit cards supported
Cryptocurrency Exchange
Prepaid Card
Blockchain Wallet
Payment Processor
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Mobile top-ups
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Available worldwide
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February 15, 2017, 08:03:35 PM
 #25

I Am Just Curious Is There ?? Any Platform That Allows Us to deposit bitcoin and load them to a credit card to use globally ??


If Not Then I Can Build One,, ANY SUGGESTIONS ?
You can try https://spectrocoin.com
Actually the best one I know and I am confident that it is safe to use is Xapo.
It is two birds with one stone. Yes, you get a safe wallet to store your bitcoin and a debit card that does not cost a lot like any other debit card providers that allow you to exchange bitcoin to any currency in the world.
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February 16, 2017, 06:04:18 PM
 #26

There are many different Bitcoin debit cards but Bitcoin credit cards still don't exist and there is big difference between debit and credit card. This would be very interesting to me too but for credit cards there should be some financial institution or card provider that would be ready to credit you. Maybe something like this will exist in the future but at the moment there isn't any.

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February 17, 2017, 03:49:06 AM
 #27

That idea is better to have in the future of btc all you need is the btc powered credit card and payment is easy and btc is your source of fiat payment. Actually that debit card in my country online wallet site is one example of card that can be useful for credit card adoption of payment transactions.
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February 17, 2017, 09:31:05 AM
 #28

how?

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February 17, 2017, 01:55:40 PM
 #29

There are many different Bitcoin debit cards but Bitcoin credit cards still don't exist and there is big difference between debit and credit card. This would be very interesting to me too but for credit cards there should be some financial institution or card provider that would be ready to credit you. Maybe something like this will exist in the future but at the moment there isn't any.
I am not sure what you are talking about, credit cards are all the same since you can use all of them to withdraw from ATM or buy with them directly from the shop, and there are many bitcoin debit cards that allow that, and I think no bitcoin banks are starting to issue debit cards like for example Netller which accepts bitcoin and has only an international debit card.
33bitcoin (OP)
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March 26, 2017, 07:02:21 AM
 #30

found one which is good but provided by a person not comapny
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March 26, 2017, 12:42:01 PM
Last edit: March 26, 2017, 12:53:26 PM by LeGaulois
 #31

Most of them have similars fees and cost if you compare them all and also the same limits. Most of them also are Visa cards, issued by the same provider. I know only about 2 that are mastercard, Advcash and Wirex. Those both have their brand logo on the card while those powered by visa are just generic card without logo of their brand. I have 1 plastic card from Cryptopay (take a look in the forum, they are giving away for free for the users of this forum) and 2 from Advcash (plastic and virtual card) So far i am happy with both and never faced a problem up to know. Someone mentionned the low limits about Advcash but honestly, they are higher compared than others and if you can always incrase your limit if  you become verified user.

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