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Red-Jones

Crypto debit card and Exchanges...

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There may be debit card in cryptoworld, but i don't really think cryptocurrency need any card because there is no any ATM for cryptocurrency we can make transactions using our devices not any ATM machine. 

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Here are without hesitation a lot of Crypto recognition cards every single one around the humanity I meditate a few exchanges are promptly initial to complete them like Binance alter license consequently yo bottle exhaust your crypto in provisions and shopping. 

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I don't think every exchange can do that even in the future, but big exchangers will have to do this. I think binance is doing very well, and i beileve they'll be much more powerful exchanger in the near future. As we all know crypto is becaming more famous every year and those exchangers needs to do that  for reaching more people and trying to increase the crypto useage.

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Debit cards are not something new in the crypto market, during 2015 to 2017, there were companies that were exclusively or partially dedicated to the distribution and authorization of debit cards financed with cryptocurrencies under the name of mastercard, among those companies were Xapo and Neteller, and they really help, since sometimes it is easier to pay with a card than with cash.

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Companies are racing to present offers in the field of cryptocurrencies in order to attract people to invest in them as the field of cryptocurrencies is growing significantly and rapidly, giving it an opportunity for economic dominance in the future. 

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On 7/14/2020 at 6:05 PM, Red-Jones said:

Today I saw the news that Binance is launching its crypto debit card

 

will be cards for people living in countries of the European Economic Area and according to the news, Binance plans in the future to provide cards for more countries.

 

My question is:

 

will it be that in the future all exchanges will also start to provide crypto debit card?

 

Yes dude it is good news that crypto debit card is now introducing and hope so that in all the part of the world it would become popular. Yes it is a good thing that we can exchange all by crypto debit card it would be Very easy for all of us.

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Good move by Binance to launch its own debit card. This is another way of using Cryptocurrency in the real world. At the moment it is confined to Europe only. Hopefully it will be available through the world in the near future. 

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Yes, dear, many exchanges will offer encrypted debit cards to all customers and members, we have recently witnessed a major development in the field of cryptocurrencies, and bitcoin atMs have been deployed in many civilized countries, which is very good. 

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Crypto discount cards are useful and help in facilitating dealing with cryptocurrencies. I believe that this system will become effective in the future and all people in the future will use it and work with it because it provides real comfort in dealing and exchanging 

Edited by Syriana

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On 7/14/2020 at 4:05 PM, Red-Jones said:

Today I saw the news that Binance is launching its crypto debit card

 

will be cards for people living in countries of the European Economic Area and according to the news, Binance plans in the future to provide cards for more countries.

 

My question is:

 

will it be that in the future all exchanges will also start to provide crypto debit card?

 

There may actually be a lot of debit cards and they will be in all platforms because the matter is a competition to bring investors and traders to the platform

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Thats very interesting what you say about Binance offering a Crypto Debit Card for the people who live in the EU. I just wonder what the conditions are to get one ?¿?¿ My major concern is what info will Binance give to the governments or the tax man ?¿?¿ Will I have worry afterwards that the tax man is coming after me for undeclared money invested in cryptos ?¿? It sounds good in theory but i dont know in reality. I prefer my cryptos to be off the record & hidden from the tax man robber barons.


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My friend, these cards, if they are launched, are very lonely, through which the encrypted currencies will be well looked at and everyone will accept a lot of cryptocurrencies in general, so the discount is very important in the field of cryptocurrencies, whether for withdrawals or exchanges. Thank you very much.

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Provision of crypto debit card exchange is a good idea because it will improve the quality and standard of cryptotalk currency platform in the world as general and will also improve the market standard

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Thanks for sharing such informative news here. In my views it's very good step for success of cryptocurrency in near future. As if binance launched it's own credit card the users can do shopping and travelling and other basics of daily life by using this useful services. In addition to this you don't need to carry money or coins With you to travel in foreign countries as it's internationally useable. Other crypto currencies should also plans to launch such wonderful services.

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I think the binance exchange has taken a very good step. I'm sure many people will use the crypto debit card. Because some people may need it. I think he can issue his own cards on other exchanges in the future.

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Not all exchanges but most of the well-known exchanges will be joining this endeavour. For example Binance and Cryptocom currently support this visa card feature in many countries. I wish my county was one of them, too.


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Paypal already accept bitcoin and we all know that PayPal has it’s own debit card. You can use it for doing cryptocurrency transection very easily. I will suggest you to use PayPal if you need crypto debit card.

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I see it very well that exchanges create their own dripcurrency card because many users will have much easier to make purchases through a provided card and thus the exchanges would become a kind of cryptocurrency bank.

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Yes, I think so, when one of the platforms makes such an offer, the customers will flock to it, and this matter will not like the rest of the platforms, so they in turn make similar offers, I think that this is in our interest in the end, so we find many distinct opportunities presented to us

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I had not heard about this news before, so I had no idea about the Binance crypto debit cards. I'd read of cryptocurrency credit cards on other websites, but I'd never used one because the exchange I use doesn't accept credit cards.

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First of all I want to tell you that crypto talk is a forum where you can get the knowledge about the cryptocurrency and get the proper ways to invest in the cryptocurrency and there are some exchanges contact with the crypto talk forum

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I don't know about these debit cards, but they look like they give a discount on currency rates, are they? If this is the case, then I hope that these cards will spread in all countries so that everyone can benefit from them

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there is always a start of a trend and all the others follow the trend so I think it is just a start and in the future there will be a lot more exchanges providing the same facility.

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Certainly the exchanges have completely surprised us in the market and this is one of the biggest things about it that in the cards to store our assets, these help us to better manage our money in them, for us this is the bank of cryptocurrencies , and in this case we are the people who manage our bank in commerce.

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