Crypto cards. Are there ready-made solutions?


Crypto cards allow users to pay with cryptocurrency in stores and withdraw fiat money from ATMs. So say the companies that are engaged in their release.

We are all interested in the withdrawal of cryptocurrencies into fiat money. It is quite easy to do this, most regional crypto exchanges, in a matter of minutes, allow you to convert your altcoins and send your money to a bank card. Commissions for this operation are standard.

Nevertheless, this process binds users to the exchange, to the bank's virtual Internet card, and to the bank's online service for transferring money from an Internet card to a regular one. The next step is a store or ATM. Of course, you can bypass the step with the Internet card and send money from the exchange to the main one, but this is not recommended for security reasons.

The idea of ​​creating cryptomaps has been circulating in the crypto community for a long time, now we will consider whether there is a ready-made solution to this issue today. We are highly recommended to use kraken trading bot to increase your income and save your time.

Crypto cards TenX, MONACO, CENTRA.

  • A little over a year ago, the TenX project loudly announced the launch of an ICO for the release of a cryptocard. During the token sale, $34 million was raised in a record 7 minutes, there was a lot of hype around the project. Everything looked more than optimistic, because the founder of Ethereum, Buterin himself, supported this project. However, a year later, the TenX project has not been able to release a working map, investors still have not received them.
  • The MONACO crypto card was announced in May 2017. As planned by the organizers, this card will allow making payments and transfers anywhere in the world at the most favorable interbank exchange rates. A year has passed, the MONAKO cryptocard is still not available to users. It was supposed to be tied to the Visa and MasterCard infrastructure, but integration talks with these business sharks stalled.
  • Centra crypto cards, the world's first multi-blockchain card and smart insured wallet, were announced at the end of July 2017, successfully held a token sale, and have not yet released their crypto cards.

You can give a few more stories of creating projects for the release of crypto cards in the world, but at the moment these stories have an unhappy ending. The crypto cards announced in 2017 did not appear at the end of June 2018 in the pockets of users. The reasons are outrageously similar - the refusal of MasterCard and VISA payment systems to cooperate with crypto projects.

Cryptocards in the expanses of the post-Soviet space.

While foreign projects are languishing from monopolists, several projects with teams from the post-Soviet space announced the release of their crypto cards almost simultaneously, I will give two examples.

A holy place is never empty, and one of the founders of the BioCoin project decided to show his tongue to competitors in the topic of the project on bitcointalk.

Along with the language, the BioCoinTalkBank cryptocard was introduced, which will allow the use of cryptocurrency wherever there is a VISA. It sounds very optimistic, especially since BioCoin has already ordered 1,000 crypto cards from TalkBank, and plans to order more. I do not yet know how this card will work, there is no information about whether the cards were received by anyone other than the founders of the project. I did not find any reviews about this cryptocard today. So at the moment we are stocking up on patience and waiting for news.

Another project recently announced that they are accepting orders for their MinexPayCard, a crypto debit card for instant payments anywhere! In the topic of the Minexcoin project, you can get the necessary information from time to time, but it’s difficult to communicate there now, because any question that the talking head of the topic doesn’t like is instantly clogged with comments from multi-accounts (like thimblers and other scammers). Nevertheless, for the first time the algorithm of the map was presented on February 23, 2018, then interesting on May 5, 2018.

What to say? The algorithm is good, now it remains to wait for the card, because in fact Minexcoin does not have "live" cards either, today or tomorrow only the pre-order will begin, which is unknown when it will be completed, and whether it will be completed at all. So we stock up on popcorn again, we have to wait in this case too.

The situation on the cryptocard market is very interesting, so far out of the huge number of projects that have announced their cryptocards, there are very few implemented and working projects known to me.

 
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