Using Debit Card is probably the most easy and express way to make payments on the go almost anywhere across the world. Another benefit of using debit card is that it helps avoiding the unnecessary troubles of currency conversions. This is by far, one of the major problems with bitcoins. Not everyone accepts them. A majority of merchants and retailers still don’t accept the cryptocurrencies. And the next thing you know, you’re looking for a currency converter. But with bitcoin debit cards, it doesn’t even matter which currency is accepted by the retailer. The debit card itself converts the BTC into the required currency which not only saves your currency conversion fee, but also saves your precious time.
According to the recent reports, European citizens will soon gain access to these bitcoin debit cards. A Taiwan based company named WageCan has come forward to this and it launched the first ever Euro-denominated bitcoin debit card recently.
A Brief Intro To WageCan
WageCan is a Taiwan based company that was established in 2014 with a sole aim to make the bitcoins adaptable to the real world. The company is well known for its bitcoin based wallets, web and mobile apps. It later launched its own bitcoin debit cards for BTC to USD conversions with convenient spending and cash out options. With a supporting network of over 30 million ATMs, the company is operational in 210 countries. And it has finally launched its first debit card with BTC to Euro conversion for the European citizens.
Virtual Bitcoin Debit Cards
The company also proffers the virtual debit cards as a part of its European program. The company says that these virtual cards are specifically designed to help improve the online shopping experience of the bitcoiners and to foster the use of bitcoins for online shopping.
These virtual cards are reportedly going to offer special discounts on multiple deals as well. And the users can also earn reward points by making more and more transactions through their virtual cards.
How To Opt For A WageCan BTC Debit Card?
Anyone can apply for a bitcoin debit card and the process is quite simple. You just need to sign-up for a WageCan account at the official website of WageCan. And then follow a few simple steps to claim your debit card application. Then you have to pay for your debit card via Cryptopay. You can make payment in any of the currencies accepted by Cryptopay i.e. dollars, euros, pounds and btc itself. And once you are done with the final payment, your debit card will be dispatched. Initially, the card has a zero balance but you can load it with desired btc value after activating it.
Getting Started With Your Debit Card
How To Activate & Use?
Once your debit card is arrived, you need to activate it before start using it for the payments. This involves following steps:
Step 1: Sign on the back of the debit card after receiving it.
Step 2: Log into your wagecan account.
Step 3: Activate your account by following some simple steps.
How To Load Your Card With BTC?
Since the debit card is not pre-loaded, you need to load it with the desired BTC value after the card activation. This involves following steps:
Step 1: Log into your Wagecan account.
Step 2: Manage your account and select “Recharge with bitcoins.”
Step 3: Enter the desired amount that will be loaded into the debit card directly from your wallet.
You can check your card balance any time using the ATMs having Mastercard logo.
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