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Cryptocurrency card

Discussion in 'Off Topic' 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.
     
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  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 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.
     
  14. Brokens

    Brokens Member

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    Isn't it easier to connect your credit card to your btc wallet for example? Then you can pay directly with a credit card whenever you want and don't waste time for conversions..
     
    • Informative Informative x 1
  15. JohnCena

    JohnCena Member

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    Yep, Wirex support it
     
  16. Benji77

    Benji77 Member

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    That would be great to have this idea implemented.
    Did you find what you were looking for?
     
  17. lord2jays

    lord2jays New Member

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    I didn't know there were credit card companies that took direct bitcoin payment, that's why I thought people used crypto-loaded ATM cards...
     
  18. Mikil

    Mikil Member

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    It's wonderful. Did you use any of these? Which one do you like more?
     
  19. Mikil

    Mikil Member

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    Did you use this card? Have you had any problems?
     
  20. Mikil

    Mikil Member

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    I hope we will find a solution with you. I think to try the Wirex.
     
  21. Mikil

    Mikil Member

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    You can study the answers to my question. I got a few options. I haven't tried them yet.
     
  22. Nostradamus

    Nostradamus New Member

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    Yeap, try the Wirex. It's a good option
     
    • Agree Agree x 1
  23. Benji77

    Benji77 Member

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    Ok, it's really interesting for me too.
    I would appreciate if you can share some experience then.
     
  24. Jim Holl

    Jim Holl New Member

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    This is a very interesting topic for me. thanks for the links.
     
  25. Brokens

    Brokens Member

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    I'm still choosing as I have to order such card to be delivered to my country and for now when the situation on the market i so bad I don't know if I still need it or not.
     
    • Optimistic Optimistic x 1
  26. camosoul

    camosoul Grizzled Member

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    This card nonsense has come and gone many times.

    InstantX was invented years ago, negating a need for silly crypto cards and crypto ATMs, too. But, it's been left to rot on the vine...

    An easy crypto payment processor for vendors is what is needed. Like a credit card machine, but for crypto. DASH could do it, but the leadership and community have both gone out if their way to destroy such projects.

    We re ert back to this card nonsense? No thanks. Progression, not regression. If DASH doesn't want to win, someone else will do it.
     
    • Trolling Trolling x 1
  27. JohnCena

    JohnCena Member

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    I use this one...for about half of the year. No any problems appeared. Visa, btw.
     
  28. bramQ

    bramQ New Member

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    I have a e-card, I can transfer crypto to this card and pay in cash. But the commission is 4-5%.
     
  29. Benji77

    Benji77 Member

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    commission is really high :(
     
  30. JohnCena

    JohnCena Member

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    Lack of competitors = monopoly at commission rates. Think that in future the commission will fall to standard bank rates.
     

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