In short, Bitcoin debit cards allow you to add Bitcoin funds to your prepaid card balance. Thanks to that, you can buy almost anything using Bitcoin. While many companies do not accept payment at Betcown (yet), they only accept debit cards. Using a Bitcoin debit card, traders are paid in their own currency while Bitcoin is charged to their prepaid balance.
However, there are drawbacks. First, when you use a Bitcoin debit card, you give someone else control over your coins (at least those you deposited).
Second, this service has a price. Each payment includes processing fees and conversion rates for foreign currency payments if you do not use the original currency of the card.
US residents UU. They can choose another player established in the industry: BitPay. BitPay is one of the world's most popular currency payment providers and now has more than 10,000 merchants (mostly from North America). The company's direct debit card is available throughout the country, giving it an advantage over competitors with regulations in separate states.
After initially starting with BTC, BitPay announced its support for the BCH in March 2018. So far, BTC and BCH remain the only encrypted currency that can be used to recharge your bank account. In particular, currency balances encrypted on a BitPay card remain in US dollars, which can act as a hedging mechanism in the mercury industry.
