If a few years ago was impossible for people to use their bitcoins in everyday purchasing, today the list of merchants that accept Bitcoin is growing each day. Of course, you can’t really buy everything that comes on your mind but a lot of companies are working hard to offer as many products as they can so you can simply use a Bitcoin debit card.
Using a bitcoin debit card means that you can buy everything you could by with a regular debit card. You just need to find the place that accepts bitcoin. The disadvantage of using bitcoin debit card, however, is the bigger centralization. If you want to use your debit card you will need to deposit as much money as you like into your account, or better yet explained, you make a deposit in the debit card company. This means that there is a third party involved. Also, since you are using their services, you will need to pay a certain fee that each company charges.
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Wirex
This company offers a chip and pin visa debit card which can be used via Wirex app. The company offers a virtual card as well. The fees vary from 3% for international transactions, $2.05 for a withdrawal. The service fees are charged monthly. Keep in mind that this card can be a little expensive.
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Bitpay
Bitpay is a well-known company but the negative side is that it’s only limited to US residents. You can get a prepaid Visa card connected with your Bitpay account. The card costs $9.95 and it takes about a work week to arrive at your home address. You will also pay a $2.00 fee for an ATM withdrawal.
- Cryptopay
This card is available worldwide. You can have a physical one or a virtual one. The physical one costs $15 with a $2.5 withdrawal fee. Also, you pay 1 dollar a month for maintenance.
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