Review on BitPay USD by David Olayide
BitPay Card Is Bridging The Gap Between Both Worlds Of Currency
Trading cryptocurrencies doesn't get any easier than it already is. Now clients can make use of a card in all their transactions. This makes trading crypto more similar to the normal money crediting and debiting procedures that we are all accustomed to.
BitPay is a cryptocurrency-debit card that allows users to make payments at any usual outlets where major credit cards are accepted. The Bitpay card is a re-loadable prepaid debit card and not a credit card.
It equally offers a partnership with third-party services, open source plugins, billing and accounting and other services.
The card is powered by mastercard, and this means that you can use the card at POS that allows mastercard debit cards. The card essentially allows you to withdraw cash at the atm. It converts your bitcoins to dollars thus joining the world of crypto and fiat together.
BitPay which was founded in 2011, is currently the largest bitcoin payment processor in the world, operating in about six continents. BitPay card is no doubt the most popular debit card that merchants or traders around the world use in secure business transactions.
Pros
- Withdraw from atm
- transact in real time
Cons
- Fees for international transactions can be expensive
- The card service is restricted only to those in the US
