Cryptex Bitcoin Debit Card 'Works on 90% of US ATMs'
Hong Kong startup Cryptex has launched a new 'bitcoin ATM debit card' that the company claims should work with as many as 90% of US ATMs, plus thousands more worldwide. The Cryptex Card is an unusual hybrid that allows users to take out cash on standard bank ATMs, but with the source of the funds being, indirectly, your bitcoin wallet. The user does not actually make direct bitcoin-to-fiat exchange transactions via the card, however. First the card user must send bitcoins to a linked Cryptex bitcoin address. Next, a specified amount of these bitcoins are converted into fiat currency, which....
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A Hong Kong-based start-up is looking to help bitcoin users more easily convert their digital currency into dollars with the use of a bitcoin-to-cash ATM/payment card. Announced today at the Inside Bitcoins conference in New York City, the Cryptex Card will allow consumers to "to turn cryptocurrency into cash at hundreds of thousands of ATMs and millions of merchants' point-of-sales (POS) worldwide, regardless of whether the merchants or banks accept cryptocurrency." In other words, it's a pretty big deal. According to Cryptex, the card will be usable in about 80 countries, and here in the....
Coinsis and Blackcoin May Be Partnering Up For BTC/BC Debit/Credit Card. Bitcoin debit and credit cards are all the rage. There are several either on the market or in the pipeline right now. One of those is Coinsis. Technically, Coinsis is not a Bitcoin debit card at all. Instead, it will quickly exchange Bitcoin for USD and then load it on the card. The process takes about 15 minutes, after that, the money can be spent instantly. It isn't quite the instant conversion to fiat some people were hoping for, it works similar to Cryptex's card rather than Xapo's. The Xapo card pays the credit....
The demand for a Bitcoin debit card that has real-time currency conversion feature has long been there; not many companies tried to bring it. Gauging the demand, the BIT-X Debit Card which can truly be called a revolutionary debit card with real-time currency conversions has been launched in the market. Using this debit users can shop online anywhere and pay for goods & services as well. Additionally, as the BIT-X debit card allows users to withdraw cash at ATMs worldwide using any of balances that include BTC, LTC, USD, EUR and GBP, it is expected to become popular a lot around the....
A cryptocurrency exchange in Europe announced the launch of a Next gen 2.0 bitcoin debit card, which is in compliance with the region's financial regulators. Danish exchange CCEDK said that the Bitcoin Debit NanoCard Next gen 2.0 bitcoin debit card will enable withdrawals from their multi cryptocurrency exchange to ATMs and Next gen 2.0 bitcoin debit card-enabled merchants worldwide. Bitcoin Debit Card Features. Critics have noted that this bitcoin debit card doesn't guarantee anonymity or privacy protection unlike competitors such as BitPlastic. However, the fraud protection feature might....
UK-based cryptocurrency and mining trading platform Bit-X has unveiled Bitcoin debit card Bit-X Debit Card to enable users to spend their Bitcoins anywhere with ease. Users can withdraw money from ATMs worldwide, direct from their Bit-x account containing BTC, LTC, USD, EUR and GBP. The card also supports online payments and point of sale payments worldwide. To make it even better, Bit-x has announced that it has done away with fees until September. The Bit-x debit card is designated in either USD or EUR, and can be ordered from any country in the world. Initially, there is no verification....