5 January 2018 was a dark day for Bitcoin adopters as Visa suspended their services to a large number of providers and since then crypto users have been searching for an alternative.
The good news: – These cards are making a comeback and by the look of things they are here to stay.
Wirex recently launched a new card service through their UK subsidiary to customers in the European union and according to the company they are working on solutions to the rest of the world which should roll out shortly.
Good news for consumers is that Wirex has already proved themselves as a trusted provider of these services and the company is now also licensed and regulated by the FCA in the United Kingdom.
The Wirex card can be loaded with a credit/debit card, bank transfer, or by using more than 50 supported altcoins – including the ERC 20 coins. You can also convert your BTC, LTC, XRP and ETH into traditional currency to spend using your Wirex Visa card.
Another unique feature is “crypto cashback” where customers are rewarded with cryptocurrency when they spend in stores.
So why wait? Get your new Bitcoin Debit Card right now.
Bitwala is taking this concept even further and are building a fully integrated cryptocurrency bank that will be licensed in Germany.
Bitwala was founded by Jörg von Minckwitz, Jan Goslicki, and Benjamin P. Jones in October 2015.
Bitwala announced a new round of VC funding of EUR 4 Million on the 25th of September
We just closed our latest funding round of €4 million to bring the world a first of its kind blockchain banking experience. We’re happy to welcome @EarlybirdVC and @coparion_vc to our family of investors.#bitcoin #blockchainbanking #funding https://t.co/sme6AyrtKO
— Bitwala (@bitwala) September 25, 2018
Get your copy of What is Bitcoin
This e-book on Amazon explains what Bitcoin is, it explains that Bitcoin (BTC) is a virtual currency, digital, not physical, and independent of banks. Useful links and resources for the newbie and advanced Bitcoiner or cryptocurrency enthusiast.