Crypto Cards in 2021: How Far Have We Come?

Written by julie99 | Published 2021/04/14
Tech Story Tags: crypto-cards | digital-cards-for-crypto | bitcoin-debit-card | cryptocurrency | decentralized-finance | fiat | bitcoin-vs-fiat | digital-currency

TLDR A debit card for Bitcoin and other cryptocurrencies works in much the same way as regular credit cards. They are designed to make it easier to use cryptocurrencies directly as needed, even if the merchant does not accept payments in them. The cards work in tandem with MasterCard and Visa payment systems. They contain not only cryptocurrencies but also fiat money (dollars, euros, etc.) These cards contain no intermediaries, which simplifies and reduces the cost of transactions with cryptocurrency. There are three main scenarios on the market right now.via the TL;DR App

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Written by julie99 | Technologist and product experience leader that bridges business, engineering, and design. Part-time researcher.
Published by HackerNoon on 2021/04/14