Bitcoin ATM card is gaining immense popularity and acceptance across the globe. The Bitcoin community has actually borrowed a concept from conventional banking system and hence they introduced its own crypto debit card that has created a buzz in the market.

1. Bitcoin ATM card is gaining immense popularity and acceptance across the globe. The Bitcoin community has actually
borrowed a concept from conventional banking system and hence they introduced its own crypto debit card that has created
a buzz in the market. Due to heavy transactional charges and other fees, people are now looking forward to opt for this
Bitcoin debit cards as the transaction charges are very low in this cards.
Over the year, the traditional banks have repeatedly earned a huge sum of money from the cardholders on each transaction
and withdrawal they make from ATM. The transactional fees include exchange rates, commission fees, and other hidden
charges. So, to address the demand of lower fees, some of the companies have come forth and start issuing prepaid debit
cards that function similar to band-issued debit or ATM cards, but have very nominal transaction charges. Owing to this fact
the Bitcoin community has successfully managed to increase its customer base worldwide by issuing their customers these
revolutionary ATM cards to avoid heavy transaction charges.
Agreeably, the lower transaction costs of Bitcoin debit cards are likely to shake up the card payment industry across the globe
and the numbers of card holders will significantly increase in the coming years. A great impact will be experienced,
especially in the area of international transactions. It has been estimated that daily average volume of Bitcoin cards hovers
around $89 million, following the figures of VISA and MasterCard which is $16.5 billion and $8.9 billion, respectively.
However, there are several arguments in the favor of Bitcoin, including the lower transaction costs which attract a large
number of customers globally.
Till date, there are only seven Bitcoin card issuers across the globe including, Coinjelly, Virtex, Cryptex, Diamond Circle,
BitPlastic, ANX and Xapo. There is a huge competition going on amongst all these card issuers. However, ANX and Xapo have
managed to capture the positions of the forerunners.
Bitcoin debit card is the perfect money ATM card for you, especially if your country’s banks don’t offer any type of credit or
debit card for international use or online shopping. The funds in your Bitcoin card can be withdrawn easily from any bank’s
ATM that displays Logo, thereby offering you the convenient, reliable, safest and fastest method to redeem e-currency. The
Bitcoin debit cards come with a daily withdraw limit of $1000 on cash withdrawals and there is a small fee of 3% for each
withdrawal or spending. However, these cards don’t have any kind of admin charges or other maintenance charges, making it
the best card for you.
The most interesting fact about Bitcoin debit cards is that all orders get instant approval and no ID or documents required
for the approval process. You simply need to select a card issuer of your choice and complete the order form online and make
the payments for shipping and card and follow the instruction. The card will be issued immediately after receiving the
payments from you and it will be dispatched within few working days.