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Cryptocurrency card

Discussion in 'General Discussion' started by Mikil, Nov 2, 2018.

  1. Mikil

    Mikil Member

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    Hi there! I live in Malta , I think it is the most block chained island in the world) We have some crypto ATMs here and I wonder what service/platform has a good reputation of issuing crypto credit cards? Maybe you already have a dream card, storing euro +tokens all in one? I’am interested in Dash and erc-20 coins either.
     
  2. lord2jays

    lord2jays New Member

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    I looked into this about a year ago but there were some troubles with cards being cancelled and general service providers backing out of the crypto space.
    I tried to get a crypto-loaded debit card with 'Spectro' and 'UQUID' at the time but found no joy.
    I landed on a site called 'Uphold' who can transfer Dash (and other crypto) from their online portal into your bank account so that you can use your existing debit card in regular ATMs to effectively covert and access your crypto.

    Things may have changed now, I have not revisited the crypto loaded debit card providers for around 10 months.....
    good luck, please let us know how you get on.
     
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  3. Brokens

    Brokens Member

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    Some banks offer crypto credit cards. I even found one which you can order.
    The point is that conversion rates are too high as bank takes its commission for conversion if you want to pay with coins in the market for example.
    So it's still easier and cheaper to convert coins to fiat and send it to your ordinary credit card.
     
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  4. ABEE

    ABEE New Member

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    If you haven't heard of FuzeX, they should be coming out with a card that you can spend Dash on once they receive their BIN.
     
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  5. dashinstant

    dashinstant Active Member

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    What's 'BIN' please?
     
  6. ABEE

    ABEE New Member

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    Bank Identification Number so they can officially transact on the Visa network.
     
  7. Mikil

    Mikil Member

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    Is instant exchange made? Did I understand you correctly?
     
  8. Mikil

    Mikil Member

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    Can you name a few such banks?
     
  9. Mikil

    Mikil Member

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    When will it be out? Do you know the dates?
     
  10. IrmaCole

    IrmaCole New Member

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    Such a nice thread and I am interested in cryptocurrency coins.
     
  11. Brokens

    Brokens Member

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    Here are some crypto credit cards: TenX, Monaco, TokenCard. You can find more information about them on the web. They have some kind of cashbacks and can be used in different countries like a simple VISA credit card.
     
  12. FelixFelicis

    FelixFelicis New Member

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    Try Wirex, cards that are supported by ATMs
     
  13. lord2jays

    lord2jays New Member

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    Yo Mikil,

    I wouldn't say it's instant really, there is some clearance time, maybe half an hour or so, 20 minutes.....

    Essentially, if you have a Dash wallet with credit, you send the Dash to your wallet address within the Uphold web portal.

    This takes a few minutes to confirm.

    You then send that Dash directly to your bank account (Uphold do a conversion to £, or $ or whatever and take a small %), you can then withdraw it from a cashpoint/ATM as you would your regular fiat money.

    For example, if I had 5 Dash in a wallet or on an exchange or whatever, I could be taking out the $ equivalent from an ATM within a couple of hours.
     

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