Bitcoin ATM Card – An Overview

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Bitcoin ATM Card An Overview

• 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 countrys banks
  dont 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  in your Bitcoin card can be withdrawn easily from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 banks 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 dont 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.