What are cryptocurrency cards
- Created by: Olaf68
- Created on: 23-03-22 14:28
The idea of creating plastic cards tied to Bitcoin has been in the air since the advent of cryptocurrency. In 2011-2012, the community began to actively discuss the real possibility of issuing cards and their prospects. The attractiveness of the idea was obvious to investors, developers and users: the cards could greatly simplify the use of a distributed currency in everyday life, and, accordingly, popularize coins.
In 2015-2016, the number of cryptocurrency card projects began to grow at a rate close to geometric progression. Today, the cryptocurrency holder has a choice among 20-30 companies. About 10 more startups promise to enter the market just about.
Features of crypto cards:
• The user does not have full control over digital assets. The private key is stored on the server of the issuing company. This is a variant of a hot wallet - there is a risk of data leakage via the Internet.
• Double conversion possible. First, the cryptocurrency is changed to dollars, and then to the currency of the country in which the goods are paid for. As a result, the seller receives not bitcoins, but fiat money.
What to look for when choosing
In the future, the number of issuers will increase, but https://trastra.com/remain the best today, and…
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