Crypto debit card and Exchanges...

[nacenkoartem 0]

I think this is the future.  It is very convenient to pay and replenish the card without wasting time on various exchangers.  In civilized countries, these are only encouraged.

[bachir2015 29]

I do not think this will happen in the near future, because it is a new idea and there are no statistics that say it will succeed .....

[perlamutrovaaintriga 6]

I think this is a promising moment.  It's very convenient - I dropped my favorite ethereum and bought what you need without wasting time on different exchangers.

[AlexBerkut 51]

On 14.07.2020 at 17:05, 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?

 

All market players are trying to popularize cryptocurrency and make it more convenient to use. This will attract new users, make life easier for crypto investors and traders. And for exchanges it will bring new income for card commissions.

[coffenarcos 0]

Our successful, advanced future lies behind this.  A very convenient technology that will affect the convenience of shopping.  Personally, I would like to try buying food with cryptocurrency.

[Jromz 2158]

I'm not a big enthusiast of Crypto debit cards, in my view there is still a long way to go before crypto can be widely apply in such a way. For now, I believe most people investing in crypto have long-term goals and they'd rather hodl than spending their crypto in daily-life purchases. Also, price in crypto is still very volatile, which might undermine the common use of this products. 

[RS1979 31]

It's a great idea by Binance to launch a Crypto credit card. I hope this is successful and other exchanges start to offer this service of offering credit cards to pay in Crypto with low fees.

[RS1979 31]

There are now lots of Crypto credit cards all around the world. I think some exchanges are now starting to do them like Binance Shift card so yo can spend your crypto in stores and shopping.

[pliendo 32]

 This is good news, I believe that in the future most exchanges will provide debit cards, so it will be easier for cryptocurrencies to have more acceptance in the markets.

[ariel1969 3]

aca en argentina las estamos esperando con ansias. seria la solucion para nosotros

[RS1979 31]

It will be great when all exchanges have Crypto credit cards with low fees, then it will lead to mass adoption and help the Crypto market grow.

[velasco19 1753]

That news is really good because it encourages adoption and drives the use of cryptocurrencies in everyday life. Generally, these debit cards provide added value and advantages over normal cards. Generally, exchanges ask that you have a certain amount of some cryptocurrency to request it.

Edited October 8, 2020 by velasco19

[Affect579 66]

I am glad about this news and I think that they will expand and soon it will be available in other parts of the planet.

[basel23 1722]

It is a good idea and helps promote the platform. I think that other platforms will apply the same procedure in case it helps to increase the popularity of the Binance platform more.

[RAUL LOPEZ 122]

It is a good way to have our Bitcoin cryptocurrencies in a card but unfortunately not everyone accepts cryptocurrencies nowadays the digital business is growing by leaps and bounds and it is a good option to have a Bitcoin card

[Captain Karim 0]

It seems that this has become a fashion among the exchange platforms, Binance, Crypto.com and Coinbase all of them have debit cards and are trying to expand this field to get the largest number of users for their cards, it seems that the cryptocurrency exchanges are expanding in the world in other ways.

[Tranzc 64]

On 14/7/2020 at 8:05, Red-Jones said:

Hoy vi la noticia de que Binance está lanzando su tarjeta de débito criptográfica

 

serán tarjetas para personas que viven en países del Espacio Económico Europeo y, según la noticia, Binance planea en el futuro proporcionar tarjetas para más países.

 

Mi pregunta es:

 

¿Será que en el futuro todos los intercambios también comenzarán a proporcionar tarjetas de débito criptográficas?

 

The cryptographic card thing is already a reality, because just as there are ATMs where you can charge your cryptocurrencies to local money, in the future there will be the cards that will allow you to withdraw in local money at ATMs, withdrawing  whatever you want depending on the crandpt oro that save your card, as well as expand the ATMs that allow this service,   and when this can be done believe that many people will say "I because it does not enter this world before".

 

[ilkanyksl 1]

Time is advancing and the technology age is developing gradually, everything is moving to digital, of course, the money will be virtualized in general, I mean, virtual money will start to pass everywhere. but yes it will be valid even in banks.

[Tetrisreal 219]

I do not think it is in the future I think they are already doing it, this is the next step for adoption, in this case they fought to provide the best incentives for you to have their cards as gifts cashback memberships and others, so to save our cryptos and wait for the best offer, consider that some will want to affiliate your card for a defined time, it would be best to have the availability of being able to change to another card if it suits us to do so.

[kryptonick 2659]

I don't think this will happen. Binance is a big exchange and can do anything like that but only after carefully considering it and having a good business plan otherwise they wouldn't try it. I don't know if they are successful but they did it in a way that it seems it doesn't have a lot of cost. The problems with the debit cards though is that it will need another step between everything. Exchange, payments companies, banks all of these involved when we could just use cryptocurrencies as we should.

[duncun007 3577]

On 10/8/2020 at 6:01 PM, kriptobonusum said:

Crypto.com has issued its own credit card in this context. It was distributed in the USA and now it has started to be distributed in Europe. They are moving a little slow due to the pandemic process. I think many exchanges will issue their own cards in the future....

i think crypto.com became the biggest competitor to the already existing coinbase card, and now we see that SXP is also entering the market with their own card, its good to have competition in this because they will work towards lowering the fee for us.

[Sykkuno 2887]

I think only the top exchanges can do that. It requires having more staff and hire experts in transaction systems that involve Visa. You can't just outsource everything and have other companies doing all the job. It needs top exchanges.

[Mella 3680]

I am look at this on how to get one of these cards in my hands. I will love to have one card and show it off to the cashier and to my friends. It is like have a higher profile with a crypto card and what I am look for is one that will have the Bitcoin symbol on the card.

[Shaza Ahmad 1682]

Why not all exchanges launch a crypto debit card if they will be able to get new customers and new money in their possession, as this step is being worked on by many other exchange platforms and perhaps soon we will see every giant exchange platform will have a crypto debit card.

[ramonn22 731]

Hello dear friends that I personally It seems to me a very good idea or on the part of binance That it launches its own card since this way it will reach more people who will be able to buy cryptocurrencies
And of course, thank you very much for the great news that you share with us partner
Good luck to everyone and big winnings
A big greeting to the whole community