Coinbase to Launch Crypto Debit Card in US for Retail Spending

European Bitcoin exchange BitStamp launched a pre-paid debit card that can be loaded with bitcoin on Wednesday. According to the London-based exchange, the debit card is accepted at anywhere major credit and debit cards are accepted. The card's balance can be denominated either in British pounds, euros or American dollars. The debit card has three stages of verification, each with its own spending limit. The most basic stage requires no know-your-customer verification and allows for €2,500 worth of transactions annually. Government ID, proof of residence, and a certified source of funds....

BitStamp, which is a bitcoin exchange based in London, recently unveiled its newest product: a bitcoin debit card. This will be available for use among EU citizens and will be accepted anywhere major debit and credit cards are accepted. The debit card will be loaded using bitcoin and its balance can be denominated in British pounds, euros, or U. S. dollars. To secure one, you have to submit a government-issued ID, proof of residence, and certification of funds to determine the spending limit. Bitcoin Debit Card Features. The debit card has three verification stages, with the most basic one....

BitStamp, a well-known bitcoin exchange, launched its prepaid bitcoin debit card for the European market. These can be used anywhere major credit or debit cards are accepted. In addition, the bitcoin balance loaded on the card can be converted to U. S. dollars, British pounds, or euros. The most basic version of the bitcoin debit card does not involve any identification verification but it also comes with the lowest annual spending limit of 2,500 EUR. The highest level of the card requires the submission of a government ID, proof of residence, and proof of income for the user to avail of....

Bitcoin debit cards combine the best of both traditional and digital currency systems. The ease of swiping the card at a PoS, as it has been done for decades is now combined with the advanced digital currency of this generation. Bitcoin debit cards are one way of paying for goods and services at any place with a PoS machine irrespective of whether they accept digital currency or not. Coinbase now offers the same convenience to its customers with the newly launched Shift Card. The new Shift bitcoin debit card was launched earlier on Friday by Coinbase, the leading bitcoin wallet and....

Xapo: Making Bitcoin Easy & Accessible For All. We have all been waiting and waiting for Xapo's Bitcoin Debit Card and according to Ted Rodgers, the Chief Strategy Officer at Xapo, our wait will soon be coming to an end. In fact, the first shipment of debit cards went out on July 29, 2014, so many of those who pre-ordered, should check their mailboxes this afternoon. The Xapo debit card is the world's first Bitcoin debit card that is tied to your wallet balance. The card acts as a seamless extension of your Xapo wallet and allows Bitcoin holders to spend their bitcoins at any merchant that....