Bitcoin Debit Cards, Bitcoin Visa Debit Cards

Uquid Allows 40 Different Altcoins to Use Visa’s Global Network

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As we have discussed previously at Cointelegraph, there are multiple Bitcoin debit card options on the market, some better than others, depending upon your location and economic needs. However, the altcoin market, whose combined value reaches into the blns of USD worth, has not reached this level of mainstream sophistication. That is until now. Altcoin fans can now use their favorite cryptocurrencies to load a virtual VISA card, thanks to Uquid. In a world first, users can spend using over 40 different cryptocurrencies on mobile top-ups, bill payments, pharmacy and food vouchers, transportation tickets, wi-fi recharges and PIN-less calls. Uquid’s Visa debit card is also the first in the world to offer unlimited loading and spending without ID verification. On top of that, users can load cards with a huge selection of the most popular altcoins, including Ethereum, Ripple, Litecoin, Monero, Dash, Augur, MaidSafeCoin, Steem, Dogecoin and more. The main benefits of the Uquid card includes no identification or credit check required, instant issuance and free worldwide delivery, unlimited card support and zero percent point-of-sale fees. Customers can also get virtual cards denominated in GBP, EUR or USD. Debit cards come with AVS matching and the Uquid card can also be …

8 Major Bitcoin Debit Cards: How Private and Anonymous Are They?

admin Bitcoin Affiliate Programs, Bitcoin ATM / BTM Machines, Bitcoin Bank, Bitcoin Credit Cards, Bitcoin Debit Cards, How I Use Bitcoin, Virtual Bitcoin Debit Cards 0 Comments

CoinTelegraph contacted the eight major providers of Bitcoin debit cards with the question: Can Bitcoin debit cards really be private or anonymous? Below are the results, categorized by region and level of disclosure required. Financial privacy: Bitcoin vs. banks One of the main advantages of using Bitcoin over traditional funding methods is privacy. When a Bitcoin transaction is sent, its record is permanent and public on the blockchain, but not tied to any particular identity. Many users, such as those who frequented the Silk Road, prefer Bitcoin for exactly this reason: it’s anonymous and private. However, one of the major challenges of using Bitcoin is the limited number of merchants and services that accept it as payment. Enter Bitcoin debit cards, a product that takes Bitcoin and converts it into currency for use at traditional merchants. The challenge with Bitcoin debit cards is that, by and large, they tend to require the same level of financial disclosure of traditional financial institutions. While this is still an advantage over banks, which can shut down the account of a customer at any time under any pretense (especially under pressure from government), it still does not constitute financial privacy. Full identification (US) Coinbase Coinbase has …