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RE: BTC Debit Cards: Xapo, BitPay & Shift

in #bitcoin7 years ago

Great overview!

I would add in some of the future projects like TenX, Tokencard and maybe Monaco although these projects have yet to pass all legal hurdles.

Legitimate bitcoin debit cards must play by the rules of the major financial institutions, this means you pretty much have to submit forms of identification to get unlimited usage of the card. If a card promises zero verification and also unlimited loading and withdrawals, they are highly unlikely to be associated with any kind of legitimate backing.
Not to mention the fact that the website is full of grammatical errors and the reviews seem to be fake as well.

Glad you took the time to mention this Heidi!