CryptoMobster
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Educator | Trader | YouTuber
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July 06, 2018, 05:48:25 PM |
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Yes and no, fees are high but also easier than waiting for it to hit my bank.
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ALBOS Project (OP)
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July 06, 2018, 05:55:36 PM |
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I think if we use such a card it is very good, and it is very useful for us all, and I myself am very happy to use the card because it can help for future success.
The problem is not in the use because we all know this is going to break barrier between the traditional banking and the cryptobank but the problem lies on the providers of this card. they are not interested in given out cards to unregulated cryptobank because of the issue of scam and money laundery which many have said cryptocurrency promote. when you listen to many peoples comment here on the thread you will realized nobody have said it emphatically that they are making use of the card despite the fact many ICO goal are centered around debit card provision. AMON, MONACO, kurecoin and many other ICO are still targeting this project Your point is very good indeed. It's true that the main difficulty such projects face is the actual integration with banking processors and providers like Visa/MC or any local one, because it's the matter of policy and legislation, probably
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DonnieMitchel
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July 06, 2018, 07:18:10 PM |
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IMO, credit card itself is a burden. i wouldn't support cryptocurrency cards. This is just my opinion alone.
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tranvanvan
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July 08, 2018, 07:27:40 PM |
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Honestly, you shouldn't use a debit card (fiat or crypto) when traveling the world. If your card is compromised, it is linked to your funds. Credit cards that do not charge foreign exchange fees are made for these trips. If you're going to use a card that acts like fiat, at least get the protection.
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ALBOS Project (OP)
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July 08, 2018, 07:29:13 PM |
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Yes and no, fees are high but also easier than waiting for it to hit my bank.
What card do you use? Is it possible to pay with it somewhere or is it just for converting crypto to fiat?
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ALBOS Project (OP)
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July 08, 2018, 07:34:28 PM |
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Honestly, you shouldn't use a debit card (fiat or crypto) when traveling the world. If your card is compromised, it is linked to your funds. Credit cards that do not charge foreign exchange fees are made for these trips. If you're going to use a card that acts like fiat, at least get the protection.
What kind of protection do you mean?
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jmiro1
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July 08, 2018, 07:57:28 PM |
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I used to have a cryptocurrency card but it wasn't associated with credits or anything. It was just a pocket card to show my balance and the current prices and rates of different crypto currencies and few fiat money like Dollar, Euro etc. I think it's yet to be introduced that you can actually lend BTC. Please do correct me if I'm wrong.
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gounderwood
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July 09, 2018, 03:06:20 AM |
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Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!
i think Epayments card + dsx.uk is the best deal easy buy and transfer. about the cryptocard (special ones) i'm not trust any project yet to store my crypto assets and use it in everyday life, later some project just have to became popular and transparent so everyone can use it easily
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Labonikhatun
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July 09, 2018, 04:50:33 AM |
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Many people who trade bitcoin either as a payment method on their websites or when trading it on crypto exchanges, use a debit card to convert the earned or acquired cryptocurrency into cash.Before using your credit card to purchase cryptocurrency who mainly first convert it to bitcoin and then use these credit card. There are also options for multi-asset cards debit and prepaid as we shall see later. But I do not have any cryptocurrency card.
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ALBOS Project (OP)
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July 09, 2018, 07:56:16 AM |
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IMO, credit card itself is a burden. i wouldn't support cryptocurrency cards. This is just my opinion alone.
Can I ask you why you have such an opinion?
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ALBOS Project (OP)
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July 09, 2018, 11:53:01 AM |
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Like tenx card,bonpay card and bitpay card?
I havent used them but they are comfortable if you have no cash on hand.
But if the adoption isnt too wide in ones country, its convenience wont be experienced.
Exactly, I'm talking about such services. Also, agree with you on the issue of mass adoption
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ALBOS Project (OP)
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July 09, 2018, 12:05:20 PM |
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There are very convenient to use if you want easy access to your money. But to me that defeat the ideas of keeping my coins for long term since I got tempted to use those cards when am I need.
But isn't it good to use them instead of just keeping?
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cryptowisser
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July 10, 2018, 11:48:07 AM |
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you should not credit cards, but create cards that are connected to the wallet used in bitcoin transactions. With the card in my opinion will make it easier for bitcoin users to transact in the real world than to use their gadget to transact using bitcoin
We agree with genuin here. For a LIST OF CRYPTO DEBIT CARDS, showing deposit methods, fee levels, supported cryptocurrencies and more, see here: https://www.cryptowisser.com/debit-cards/All the best, Cryptowisser
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Srujan007
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July 11, 2018, 08:18:47 AM |
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i haven't used yet,but i'm awaiting for a card from Travelflex coin,they are coming up with a card ones they are migrated to DAG,they have already done a partnership with some European company,ones i use it,i can give you my review here
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btc-deltacoin
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ABLE: The New Era of Crypto Finance
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July 16, 2018, 04:40:33 AM |
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Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!
In my opinion, crypto currencies are good as payment method only if you buy it and immediately use for some deal. Otherwise, you can't use most of crypro currencies effectively according to its volatility. As for me, these cards must include a converting option.
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ALBOS Project (OP)
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July 17, 2018, 12:12:34 PM |
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you should not credit cards, but create cards that are connected to the wallet used in bitcoin transactions. With the card in my opinion will make it easier for bitcoin users to transact in the real world than to use their gadget to transact using bitcoin
We agree with genuin here. For a LIST OF CRYPTO DEBIT CARDS, showing deposit methods, fee levels, supported cryptocurrencies and more, see here: https://www.cryptowisser.com/debit-cards/All the best, Cryptowisser Thanks for providing the link. It's good to see what cards there are in the world
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vladimirhf
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July 17, 2018, 08:29:41 PM |
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There are very convenient to use if you want easy access to your money. But to me that defeat the ideas of keeping my coins for long term since I got tempted to use those cards when am I need.
But isn't it good to use them instead of just keeping? I see cards as an intermediary solution, cards and ATMs are the interfaces people already know and may bring more users to crypto, but the ideal solution would be to replace them and avoid those companies fees.
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matutana10
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July 24, 2018, 11:55:14 AM |
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Getting a credit card with the Crypto currency is not something that I am aware of.
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bkrobottc1
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July 25, 2018, 12:49:39 PM |
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I don't know we have cryptocurrency card until I read this post . In my country maybe they don't accept
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kiemnhieutien
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July 25, 2018, 01:39:06 PM |
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I don't have experience of using cryptocurrency cards but i believe it is convenience because we don't need to convert crypto to fiat money.
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