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Author Topic: Bitcoin credit card  (Read 529 times)
mobnepal
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October 04, 2017, 03:32:52 PM
 #21

There are lots of services out there which will deliver VISA or Mastercard and you can deposit any amount in them with bitcoin. Cryptopay, bitpay, shift are few of those card providers.

Monaco and Tenxpay is under development.
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October 04, 2017, 03:35:12 PM
 #22

Go for Centra, even Mayweather is using the Centra debit card lols. Seriously I think Centra has a good business model. They have a legit team. Other debit card funded by BTC are scams.

Are there any websites out there that you can create a credit card and use your Bitcoin when you swipe?  So the idea is you take out your card, swipe it and it will register as a mastercard, visa or whatever.  But instead of charging you money it would charge you in BTC or take directly from your wallet?  Obviously the card would have to be backed by a big bank or something.   

TLDR- I am looking to get like a Visa credit card in exchange for Bitcoin

btcwish1
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October 04, 2017, 03:36:28 PM
 #23

There are lots of services out there which will deliver VISA or Mastercard and you can deposit any amount in them with bitcoin. Cryptopay, bitpay, shift are few of those card providers.

Monaco and Tenxpay is under development.

Do they support direct withdraw from wallet instead of loading them manually? I know in cryptopay you will need to convert btc to local currency and then load to your card.

But it will be nice to have a card where you don;t need to convert or load.  Every time you use your card, it directly use your bitcoin and automatically converts.  Is there any such card provider?

Cheers Cool
dificanovi
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October 04, 2017, 03:38:31 PM
 #24

I do not agree if bitcoin makes credit cards, so it will make more umit just the process of withdrawal or other porses inside bitcoin. What's more if you have to deal with the bank, there will be taxes every month, and that will be detrimental to us, so be thankful the bitcoin we can still get and without tax.

if I strongly agree bitcoin create credit cards, because it will simplify the process of a transaction, such as paying utility bills, paying car payments, buying household needs and others.

bbs98
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October 04, 2017, 03:51:54 PM
 #25

I would be very happy if indeed in my country there are bitcoin credit cards like monaco credit cards abroad,
because credit cards can simplify the work in payments or other transactions,
But I'm still not sure it can happen in my country because bitcoin can not be legal.
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October 04, 2017, 04:01:15 PM
 #26

As far as I know Bitcoin credit cards don't exist, only Bitcoin debit cards and that is the big diference. With debit card you easier spend the coins you have in your wallet and they are converted to fiat currency you choose so you don't have to worry if merchants accepts Bitcoins or not.
For Bitcoin credit cards there should be some financing behind who would credit you with Bitcoins you don't have.

lite
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October 04, 2017, 04:01:51 PM
 #27

Bitwala is a good service if you wanna have a visa card, you can use it in any store or just for withdrawing money in an atm, only that you have to convert your btc to usd first, and then you can withdraw it in your atm without any problems. I have been using it for some time and it is a good one.. I use wirex visa card too, i have both of them, but bitwala is the best one from them, because it is more faster and their support replies fast.


So question on that, Anytime I want to use the card I have to convert them first?  How long does that actually take in order to transfer?  I want something quick and instant, like I go to a bar/dinner/lunch and I want to pull my card out, have it take Bitcoins out and be done with it.  I don't want to transfer or wait or anything.  Is that even possible?
It's instant unless there's some problems with site/service. recently i tried wirex virtual card(probably be same with physical card), it was a smooth experience. i converted my BTC to USD instantly. one can convert only amount which they want to spend. i deposited 10 mBTC, exchanged 5 mBTC for ~$20, 5 mBTC is still in my wirex wallet(i'll spend it later Smiley). give it a try!
Kprawn
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October 04, 2017, 04:32:52 PM
 #28

https://xapo.com/card/ offer you a debit card that can be used at every place that accepts VISA as a payment option. It does

not offer you credit, so you have to fund the card to make these purchases. Bitcoin is not really meant to be used as a credit

option, because it is a form of cash. Hope this helps you.  Grin

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willnotwas
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October 04, 2017, 05:03:13 PM
 #29

There is a dozen of websites like you are looking for. Basically, you load your account with Bitcoin, it gets converted to $,£ or € following their internal rate, then you transfer the money to your card, it is instant to load your card. If you go to the "service discussion" section you will find several topics about it.

This is very far from functioning of systems with national currencies. And this is far from the product for widespread use.

Although maybe you should not make a map, but focus on technology similar to ApplePay.
leex1528 (OP)
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October 04, 2017, 05:07:01 PM
 #30

Thank you for the responses all.  This all started because I wanted to purchase something using Bitcoin for a website called Zygor-They make an addon for World Of Warcraft.  They only accept Paypal-which I don't use, and a credit card-which I don't use.  I'll check into some of the options and hopefully find something that will work, again.  Thanks.
Andre_Goldman
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October 04, 2017, 05:07:29 PM
 #31

Are there any websites out there that you can create a credit card and use your Bitcoin when you swipe?  So the idea is you take out your card, swipe it and it will register as a mastercard, visa or whatever.  But instead of charging you money it would charge you in BTC or take directly from your wallet?  Obviously the card would have to be backed by a big bank or something.   

TLDR- I am looking to get like a Visa credit card in exchange for Bitcoin

in UK they used to sell pre-paid credit card (debit card ?) on shopping centers etc ... I almost buy an American Credit Card to give it as a gift card ...


  

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albertvert
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October 04, 2017, 05:31:18 PM
 #32

Are there any websites out there that you can create a credit card and use your Bitcoin when you swipe?  So the idea is you take out your card, swipe it and it will register as a mastercard, visa or whatever.  But instead of charging you money it would charge you in BTC or take directly from your wallet?  Obviously the card would have to be backed by a big bank or something.   

TLDR- I am looking to get like a Visa credit card in exchange for Bitcoin

in UK they used to sell pre-paid credit card (debit card ?) on shopping centers etc ... I almost buy an American Credit Card to give it as a gift card ...




Bitcoin credit card is a good point. When dealing with an exchange or a bank, every time you make a purchase it represents a sale of an asset and thus is a taxable event. Now you don't have to calculate or pay those taxes monthly, but you do have to do it yearly so this uses are bitcoin credit card.
  
Andre_Goldman
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October 04, 2017, 05:36:09 PM
 #33

Are there any websites out there that you can create a credit card and use your Bitcoin when you swipe?  So the idea is you take out your card, swipe it and it will register as a mastercard, visa or whatever.  But instead of charging you money it would charge you in BTC or take directly from your wallet?  Obviously the card would have to be backed by a big bank or something.  

TLDR- I am looking to get like a Visa credit card in exchange for Bitcoin

in UK they used to sell pre-paid credit card (debit card ?) on shopping centers etc ... I almost buy an American Credit Card to give it as a gift card ...




Bitcoin credit card is a good point. When dealing with an exchange or a bank, every time you make a purchase it represents a sale of an asset and thus is a taxable event. Now you don't have to calculate or pay those taxes monthly, but you do have to do it yearly so this uses are bitcoin credit card.
  


ID is more important than cash-gold (credit/debit) relationship that's why I do projects like IBM, 3 blind approach

Building Trusted, Digital Identity with Blockchain
https://www.youtube.com/watch?time_continue=5&v=nyqhytBYQCc

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jonruhoax
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October 04, 2017, 05:50:58 PM
 #34



I have never seen or tried as you say, but I have seen some projects that lead to it. I think the innovation is now quite extensive regarding bitcoin and other ico.
maybe for next year we will be treated to more sophisticated technology.
leex1528 (OP)
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October 04, 2017, 06:19:41 PM
 #35

Locking thread, no one is reading my responses and just posting randomly.
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