Debit Card - Meaningful Banking from Metrobank

When I travel to the Philippines, I can withdraw cash from my BTC wallet at any conventional bank ATM, with fee's 5 times lower than using debit cards! /r/Bitcoin

When I travel to the Philippines, I can withdraw cash from my BTC wallet at any conventional bank ATM, with fee's 5 times lower than using debit cards! /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin debit cards in Asia

Are there any Bitcoin debit cards (you can load them with Bitcoin) available to “any” country? I have found many that are available to European Union or US residents, but nothing for Asia.
Yes, I would love to use Bitcoin directly and do it as often as possible, but having the option to use Bitcoin indirectly through some card would be very helpful.
submitted by VSAlpha to Bitcoin [link] [comments]

Bittrex Review: One of the First Crypto Exchanges Part 2

Bittrex Review: One of the First Crypto Exchanges Part 2

3. Fiat Currency Deposits, Trading, and Withdrawals

Bittrex Global supports euro trading, deposits, and withdrawals for eligible personal and corporate accounts. Please note that euro trading is offered by Bittrex Global and subject to the Bittrex Global Terms of Service.
There are three mechanisms available for depositing euros to your Bittrex Global account:
  • SEPA Credit Transfer
  • International Wire Transfer
  • Credit/debit card
Bittrex Global allows you to withdraw Euros to your bank account via either SEPA credit transfer or international wire transfer.
  • Minimum Deposit: 20 euros
  • Minimum Withdrawal: 10 euros
  • Minimum Deposit: 20 euros
No upper limits deposit or withdrawal for wire and SEPA transactions. Corporate account holders can withdraw up to 10,000,000 euros in one transaction after submitting an application to [[email protected]](mailto:[email protected])
If the name on your bank account is the same as the name in your Bittrex Global account, you can deposit euros by following the instructions on the SEPA deposit screen. You can get to this screen by going to your Holdings page, finding the EUR currency, clicking Deposit, and selecting SEPA.
https://preview.redd.it/ca7faux9ied51.jpg?width=974&format=pjpg&auto=webp&s=0993b8750b71e7467e15bb649f02c7c45f17f558
SEPA Transfer Instructions.
https://preview.redd.it/njwwpr8cied51.jpg?width=974&format=pjpg&auto=webp&s=8218dfcabf7e7f2e98f8db5e3e30f676baf10c6c
Recipient name: Bittrex International GmbHRecipient address: Äulestrasse 74 9490 Vaduz, LiechtensteinIBAN number: LI26 0881 1010 3179 K001 E
Make sure you accurately type the above text in SEPA transfer memo/notes to properly course the deposit for your account. If the name on your bank account differs from that in your Bittrex Global account, or if you wish to withdraw via SEPA without depositing, you will need to fill out the Euro Deposit and Withdrawal form https://bittrexglobal.zendesk.com/hc/en-us/requests/new?ticket_form_id=360000640760 to have your bank account whitelisted for use with your Bittrex Global account.
https://preview.redd.it/qk3k15snied51.jpg?width=974&format=pjpg&auto=webp&s=a641af8287d7624c9a68e69b5eede7a26dd00f65
https://preview.redd.it/stsxd6snied51.jpg?width=974&format=pjpg&auto=webp&s=b38ef3a190cfba71f041fb2a2947a27ba6931c38

Depositing USD on Bittrex

Crypto assets ensure that replenishment and all exchange transactions are kept through digital currency. Therefore, in case you need to withdraw cash, you must first convert it into Bitcoin (BTC).
At the same time, there may be some other ways to refill the balance with US dollars, which entails filling a particular form for depositing in dollars—Fiat USD trading Request.
To gain a digital currency on the exchange you need to visit your private account and find the Wallets section where all the wallets are shown.
The platform creates a crypto address to which we transfer funds. Money can be credited to the exchange within two days, with the time required depending on the currency and mode of payment (e.g. bank transfer, credit or debit card, and so on).
Therefore, after the transfer, the funds are credited to the exchange's internal wallet.
In order to include a user account for depositing and withdrawing funds in dollars, Bittrex must add the user’s bank account to the white list. Therefore, to replenish the balance with fiat money, you must fill a special form.
  1. Obtain approval for Fiat (USD) Trading, Deposits, and Withdrawals.
To do this, fill out and submit the form: https://bittrexglobal.zendesk.com/hc/en-us/requests/new?ticket_form_id=360000352300
https://preview.redd.it/jwcp2jguied51.jpg?width=861&format=pjpg&auto=webp&s=9ef519cbcf579cc3567e53b55af29fa154e342e3
Keep in mind that wire transfers can only be received from bank accounts approved through the fiat trading application.
2) Make sure your bank account has been whitelisted.
Sign in to your Bittrex Global account. Go to the Holdings Tab. Type “US Dollar” in the search bar. Click the Withdraw button beneath Actions. All available whitelisted (approved) bank accounts will be shown.
https://preview.redd.it/ldwmvt3wied51.jpg?width=974&format=pjpg&auto=webp&s=71d3da503e050f5b4d231184ea82f65fd477b671
3) Generate your USD deposit code.
To get a USD deposit code, click the Holdings tab. Type “US dollar” in the search bar, click Deposit beneath Actions. Your USD deposit code will appear at the bottom of your Wire Transfer Instructions. Copy this code and input it in the memo/notes subject of the wire transfer form to your financial institution.
https://preview.redd.it/pf7sowxxied51.jpg?width=974&format=pjpg&auto=webp&s=c99b3c10a1921254e8247c77a04f529bc60e290b
Use your USD deposit code every time making wire transfers. Wire transfers cannot be processed without a correct USD deposit code.
4) Best practice: Use the wire transfer information provided in your USD wallet when asking your bank for assistance.
Bittrex recommends that users resort to a local bank branch when sending wire transfers for the first time.
To show wire info, enter the "US dollar” in the search bar at the bottom of the Holdings page. Then click Deposit beneath Actions. You will see all the wire information. Use the deposit data to fill out a wire transfer form correctly. In case the info does not appear or if you have questions, please contact Bittrex Global support.
Make sure the wire transfer is not sent as an ACH transfer. ACH transfers aren't permitted so they will be banned.
Be aware: Wire deposits (wires sent to Bittrex Global) CANNOT be initiated on the Bittrex Global webpage. Only withdrawal wires can be initiated on the webpage. All wire transfers must be processed from the bank account number that was provided to Bittrex Global, in your fiat money transfer application.
5) Wait for the amount to be credited to your Bittrex Account.
All USD deposits are credited the same or next-business-day once settled in Bittrex's bank account.
Wires take 5-10 days to settle.
More delays will occur if the wire data does not fit the whitelist.
Wire transfer charges: Bittrex exchange does not take any wire transfer fee. Please ask your bank about the commission it charges for sending or getting a wire transfer. International banks usually involve mediators so check the commission the intermediary charges for their services.

Depositing Euros on Bittrex

There are three ways available for depositing Euros into Bittrex Global account:
  • SEPA Credit Transfer
  • International Wire Transfer
  • Credit/debit card
If you need to wire-transfer euros to a Bittrex Exchange Account, you will have to do the following:
  1. Obtain approval for EUR Deposits and Withdrawals.
To do this, fill out and submit the form: https://bittrexglobal.zendesk.com/hc/en-us/requests/new?ticket_form_id=360000640760
https://preview.redd.it/cq1fll73jed51.jpg?width=801&format=pjpg&auto=webp&s=b9b199d7bae9d9127b41cd72eec6619c05f2dcb3
  1. Make sure your bank account has been whitelisted.
Sign in to your Bittrex Global account. Go to the Holdings Tab. Type “EUR” in the search bar. Click the Withdraw button beneath Actions. All available whitelisted (approved) bank accounts will be shown.
https://preview.redd.it/26g4bz36jed51.jpg?width=974&format=pjpg&auto=webp&s=a2457611bdca65ad15320ceba583b51a797d357a
3) Go to the Holdings tab. Type “EUR” in the search bar. Click the Deposits button beneath Actions.
https://preview.redd.it/l0q8hkcajed51.jpg?width=974&format=pjpg&auto=webp&s=6d7bf1fd2cc0185c13ddc89f91c35061bf5249ef
Deposit SEPA Transfer.
https://preview.redd.it/5eb44h9djed51.jpg?width=974&format=pjpg&auto=webp&s=4c4433c87b633d8b69d5c26ef067a63129baf8fe
Make sure to include the text above in your SEPA switch memo/notes to perform a deposit to your account correctly.
No primary deposit is needed, but you need to provide details on the institution managing your account.
Attachment requirement: a bank-issued letter or account statement displaying containing the following data:
  1. Your name on your bank account.
  2. Your bank IBAN or account number.
  3. Your bank SWIFT/BIC code.
  4. Your bank name.
  5. Approval to deposit euros from and withdraw euros to your approved bank account.
  6. You can have multiple bank accounts approved.
  7. All banking details in the form (IBAN, Account, SWIFT/BIC, etc.).
  • Minimum Deposit: 20 euros
  • Minimum Withdrawal: 10 euros
  • No maximum deposit or withdrawal for wire and SEPA transfers
Corporate account holders can withdraw up to 10,000,000 euros in one transaction after submitting a request to [[email protected]](mailto:[email protected]).

Debit and Credit Card Transactions on Bittrex Global

To use a debit or credit card in your Bittrex Global Account do the following:
  • Click Holdings in the upper-right corner of the home page
  • Select Deposit via credit/debit card
  • Enter an amount to buy (weekly limit: $2,500/monthly limit: $7,500)
  • Click Enter card info next
  • Enter your credit card data
  • Carefully read the privacy policy and transfer terms
  • Click Pay
After the submission, you will be redirected to your bank’s 3DSecure portal (follow the prompts to confirm the transaction).
As soon as the transaction is permitted, the funds may be credited to your wallet. You can track the transfer progress in the Deposits section of the Holdings page.
  • Credit Cards Accepted: Visa
  • Processing Fee: 3%
  • Daily Limit: $2,500
  • Weekly Limit: $2,500
  • Monthly Limit: $7,500
  • Alternative Options to Fund your Wallet: USD Wire Transfers (No Deposit Limit)

Countries Supported

Andorra, Austria, Australia, Belgium, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Italy, Japan, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Monaco, Montenegro, Netherlands, New Zealand, Norway, Philippines, Portugal, Reunion, San Marino, Singapore, Slovakia, Slovenia, South Korea, Sweden, Switzerland, Taiwan, United Kingdom, Vietnam.

Depositing Coins/Tokens on Bittrex Crypto Exchange

To deposit crypto coins to your Bittrex exchange account, you will need to take a few important steps. It's critical to be especially careful to make your deposit as secure as possible.
To deposit coins to Bittrex Global, do the following:
  1. Click Holdings in the upper-right corner of the home page.
https://preview.redd.it/7h6ihk2ijed51.jpg?width=974&format=pjpg&auto=webp&s=bc1dceb15f0a93bf1c555ed75032f9ec1792ac1b
2) Find for the wallet you want to deposit funds to and click Deposit beneath the Actions tab.
https://preview.redd.it/ujrsrpljjed51.jpg?width=974&format=pjpg&auto=webp&s=fb96e242ac86bcbce02923f34e6e36179308d895
3) Please copy your Wallet Address to make a deposit. In case you don’t have any Wallet Address, click Generate new wallet address.
Below is the option of creating a deposit address for Bitcoin (BTC).
https://preview.redd.it/pqpkfmbljed51.jpg?width=970&format=pjpg&auto=webp&s=a3af6d68c0698907ce338a7dea4bb7f58653f423
A few cash and tokens have a minimum deposit amount. For instance, your Ethereum deposit address must hold extra than 0.05 ETH before crediting to your account.
If you deposit less than 0.05 ETH, you may want to deposit some amount on the blockchain amounts to more than 0.05 ETH. In case you send a deposit smaller than the minimum, you will have to make another deposit to reach the minimum amount.
Please make sure that you transfer coins of the same type to the address. This means if you generated a BTC deal, you deposit BTC to it and no other coin. In case you deposit a different coin than that of the deal, you take a risk of losing all the concerned funds.

Depositing Tether (USDT) Stablecoin

Below is the option of creating a deposit address for Tether (USDT).
  1. Click Holdings in the upper-right corner of the home page.
Find Tether USDT, and click Deposit beneath the Actions tab.
https://preview.redd.it/kc61io6qjed51.jpg?width=974&format=pjpg&auto=webp&s=7baed4d68fbf51dacc4e667b04501868645d1d57
2) Please copy the USDTT Wallet Address to make a deposit. In case you don’t have any USDTT Wallet Address, click Generate new wallet address.
https://preview.redd.it/ugh3b54tjed51.jpg?width=974&format=pjpg&auto=webp&s=0e272a481854b32407a6611690c501370431f47c
https://preview.redd.it/ph20s84tjed51.jpg?width=360&format=pjpg&auto=webp&s=0e92999e9b85d4aa2d590db15e631690530f4825
3) Copy this crypto address and paste it to the Etherscan.io search bar.
Click Search.
You will see the contract info. Click to view a QR code.
A new window will appear, showing a QR code of your USDT wallet address. Be careful and check the correctness of your USDT transaction to your account on the Bittrex exchange.
https://preview.redd.it/g2ar653yjed51.jpg?width=974&format=pjpg&auto=webp&s=ddc947f57b616316bcb010f8aa1bb02ccdb22389
You can check any Tether USDT ERC20 token transaction on the Ethereum blockchain. When a transaction happens, you will see the transaction hash and balance.
https://preview.redd.it/y11afeyyjed51.jpg?width=974&format=pjpg&auto=webp&s=40d1682638c462f8cb3a06c8e0d04dc6a99eeb35
Once the transaction is confirmed on the blockchain, the Tether USDT will be credited to the balance sheet and you will find them in the Balances section.
Other USDT deposits can be found in the Deposit History section.
https://preview.redd.it/81j8rue1ked51.jpg?width=974&format=pjpg&auto=webp&s=d6683000c5d7ddffc124352a0be7590f43cad6d4
The full version
First part
submitted by mPrestige to revain_org [link] [comments]

Swipe Partners with WBTC Network to Bring Instant Wrapping of Bitcoin for DeFi and WBTC Spending at over 60M Merchants Worldwide

Swipe Partners with WBTC Network to Bring Instant Wrapping of Bitcoin for DeFi and WBTC Spending at over 60M Merchants Worldwide

https://preview.redd.it/imzgzugr6kf51.jpg?width=1280&format=pjpg&auto=webp&s=2570468b7972b28895da655796d5afd8f3a22f96
Swipe has partnered with WBTC Network and has officially been approved as a merchant for WBTC minting through the WBTC Network’s DAO Governance process. Swipe Wallet users will be able to benefit from instantly wrapping Bitcoin BTC to Wrapped Bitcoin (WBTC) and vice versa with just a few clicks.
WBTC is an important digital asset that brings the exposure of Bitcoin to Ethereum and is prominent in the decentralized finance (DeFi) market. Starting today, Swipe Wallet users can deposit or buy Bitcoin (BTC) and use the exchange feature to convert it to WBTC instantly to use on the Ethereum Network. Users will also be able to redeem their WBTC instantly to BTC through the app as well.
Joselito Lizarondo, Swipe Chief Executive Officer (CEO), stated, “We are excited to work with WBTC Network to bring the ability to wrap and tokenize BTC on the Ethereum blockchain seamlessly. This will help existing users utilize a seamless user interface in the Swipe Wallet app to convert their BTC to WBTC.”
Kiarash Mosayeri, Product Manager, BitGo, the leader in digital asset financial services, that helped launch WBTC last year, stated, “Integrations like Swipe Wallet are the ultimate piece of the puzzle for unlocking the power of DeFi for millions of retail users. This integration allows users to do more with their bitcoin — Swipe Wallet’s users can easily bring their bitcoin to the DeFi ecosystem and use it to generate yields or participate in any other DeFi application.”
Swipe will continue to work with BitGo and the WBTC Network to push the adoption of WBTC. Swipe has also listed WBTC on the Swipe Wallet platform and Swipe Visa Card to enable users to buy, sell, exchange, and spend WBTC at over 60 million merchants worldwide.
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About Swipe Swipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell, and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom, United States, Singapore, and Canada. The Swipe platform enables users to spend cryptocurrencies in real-time without having to convert the transactions prior manually. Users can also buy/sell cryptocurrencies with their linked bank accounts globally.
For more information, visit www.swipe.io
About WBTC
WBTC is the first ERC20 backed 1:1 with bitcoin bringing bitcoin to Ethereum’s DeFi ecosystem including decentralized exchanges (DEXs) and financial applications. BitGo, the first custodian purpose-built for digital assets is the project’s custodian, safeguarding the underlying BTC and facilitating the minting and burning of WBTC. A multisig consisting of 18 different DeFi projects governs the WBTC network.
To review the list of DAO members and merchants, as well as the order book for mints and burns, visit https://wbtc.network/.
submitted by SwipeWallet to Swipe_io [link] [comments]

Elrond partners with Swipe to enable ERD spending at over 60 million merchants

Elrond partners with Swipe to enable ERD spending at over 60 million merchants

https://preview.redd.it/06f3d5ds57c51.jpg?width=1280&format=pjpg&auto=webp&s=5d76c6770b2fe1f98b96fae201030247a61e2920
We are thrilled to announce that Elrond has partnered with Swipe and will be integrated within the Swipe platforms. This will make the $ERD token directly available for onboarding by more than 500,000 new users.
Furthermore, $ERD will be spendable via Swipe Wallet and its associated Visa debit cards, in either digital or physical form, at 60 million merchants directly, as well as through services such as Google Pay, Apple Pay & Samsung Pay.
“Bringing our high throughput, low latency, and inexpensive transactional layer online is an important step for our launch. Convenience, ease of use, and utility for the ERD currency is another. We are thrilled to work with the Swipe team, on an integration which brings us closer to what will be a defining moment for the new internet economy.” said Beniamin Mincu, Elrond CEO.
Recently acquired by Binance, Swipe is a multi-asset digital wallet and Visa card platform that allows users to buy, sell, convert, and spend cryptocurrencies. It offers direct access to more than 30 cryptocurrencies, buy, swap & sell options for credit or debit cards, and bank transfers.
Swipe Wallets have associated virtual Visa debit cards, which can also be obtained in physical form, to be used like any normal card. The payment process automatically converts the selected cryptocurrency into fiat to execute a seamless transaction at any of the 60 million merchants, or via Google, Apple, and Samsung payment services.
“Elrond’s notable progress makes it seem like they have just recently appeared. We know ourselves that such success does not come overnight and is the result of hard work. We are excited to include them in our portfolio and be a part of their journey.” said Joselito Lizarondo, Swipe CEO.
The integration is important for Elrond because it gets access to new users in 31 European countries, and soon launching in Asia and North America. It also offers existing Elrond users the possibility to spend $ERD directly as $EUR, $GBP, $USD and $KRW anywhere VISA cards are accepted, as well as through the major mobile payment services, with cashback options in Bitcoin.
About Elrond
Elrond is a new blockchain architecture, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 10,000 transactions per second (TPS), with 5-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Swipe
Swipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell, and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom, United States, Singapore, and Canada. The Swipe platform enables users to spend cryptocurrencies in real-time without having to manually convert the transactions prior. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. For more information, visit: https://swipe.io
submitted by SwipeWallet to Swipe_io [link] [comments]

Binance and Swipe Partner to Bridge Crypto and Commerce, Announces Acquisition

Binance and Swipe Partner to Bridge Crypto and Commerce, Announces Acquisition

https://preview.redd.it/ngofchh33f951.jpg?width=800&format=pjpg&auto=webp&s=5b87488903cf927abb0cff3431e5a9c083adb0c9
MANILA — July 7, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange, today announced the completion of its acquisition of Swipe, the industry’s leading multi-asset digital wallet and Visa debit card platform that allows users to buy, sell, convert and spend cryptocurrencies, for an undisclosed amount. The two companies will work together to further mainstream adoption of cryptocurrencies by bridging the gap between fiat and digital assets, notably payments and purchases in cryptocurrency through traditional financial systems.
“To achieve our mission of making crypto more accessible to the masses, off-ramps are a key component as well. By giving users the ability to convert and spend crypto directly, and have merchants still seamlessly accept fiat, this will make the crypto experience much better for everyone,” said Binance CEO Changpeng Zhao (CZ). “Swipe’s exceptional team has made great strides in furthering this mission and has been instrumental in the industry for bridging the gap between commerce and crypto. The Swipe Wallet alone is unique which acts as a digital bank account for its users, providing access to traditional banking services. We are thrilled to work with a team that shares the same core values and looking forward to our larger efforts ahead.”
“Swipe’s goal is to further synchronize crypto with fiat currency-based transactions,” said Swipe CEO Joselito Lizarondo. “Partnering with Binance, given their world-recognized track record and user base, alongside a team that constantly executes, will place Swipe in the position to make cryptocurrencies more accessible for millions of users worldwide. We are excited to work with Binance to continue innovating in this crypto-banking space to further build towards mass adoption on our current and future product lines.”
Swipe has listed BNB on its platform, making BNB spendable to Euros at over 50 million locations worldwide through the Swipe Visa Debit Card. Swipe’s token, SXP, was also listed on Binance.com today, making it available for Binance and Swipe users to easily buy and use on its respective platforms. Additional plans from the partnership between Binance and Swipe will be announced at a later date.
The Swipe platform currently supports a wide range of digital assets that enable them to remain in their native form until a point-of-sale/transaction occurs. The selected digital asset is then converted to fiat currencies passed through the Visa payment rails, making cryptocurrencies instantly spendable in more than 50 million locations around the world with just a tap of a few buttons and a “swipe” of a card. Cardholders can also enjoy up to 4% cashback in Bitcoin on every purchase as well as discounted fees by using SXP on the Swipe platform.
Swipe is currently available in 31 countries within the European Economic Area and issued by Contis Financial who is a Visa Europe Principal Member.
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About Swipe
Swipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom, United States, Singapore, and Canada. The Swipe platform enables users to spend cryptocurrencies in real-time without having to manually convert the transactions prior. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. For more information, visit: https://swipe.io
About Binance
Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com
Media Contacts
Binance: [[email protected]](mailto:[email protected])
Swipe: [[email protected]](mailto:[email protected])
submitted by SwipeWallet to Swipe_io [link] [comments]

When I travel to the Philippines, I can withdraw cash from my BTC wallet at any conventional bank ATM, with fee's 5 times lower than using debit cards!

Hi folks,
I wanted to share my story of how i use bitcoin and why its a big deal. As someone who has to travel frequently, accessing cash abroad is either a hassle (bring cash, find money changer), or I have to pay large amounts of fees to withdraw at the atm. If i use my debit card there to get cash, i pay 5$ overseas fee + shitty exchange rate + 200php (5$) local bank. So with a typical withdrawal of 100 bucks, i pay about 10-15% fees.
Now in the Philippines, you can withdraw cash directly from your bitcoin wallet (coins.ph) to any security ATM (one of the major banks) for free. So when i need cash, i buy btc via coinhako (0.9% fee), transfer it to my coins.ph wallet. Their withdrawal option in the app will give me a code, which i can enter at security bank ATM and get cash without any ATM card. The conversion btc-php comes at a approx 1.25% fee. So overall i am able to get cash overseas for max 2.5%.
A nice plus is also, that at the end of the trip, i can pay my remaining peso back into my btc wallet at any seveneleven.
Now who needs a bank account anymore?
submitted by Schizo-Vreni to Bitcoin [link] [comments]

Swipe Launches Samsung Pay for Swipe Visa Cardholders

Swipe Launches Samsung Pay for Swipe Visa Cardholders

https://preview.redd.it/8t7q01qa79w41.jpg?width=1280&format=pjpg&auto=webp&s=8ee08ea404d7f5c8c6a992e0afa2cc719c6b74c0
Swipe Wallet is proud to announce that starting today, Swipe Android users can now add their Swipe Visa Debit cards directly to their Samsung Pay Wallets. Swipe is excited to partner with its issuing bank and to collaborate with Samsung to release this new product to bridge the gap in spending cryptocurrencies to fiat currencies.
The Swipe Card is a Visa debit card funded by cryptocurrencies such as Bitcoin for Euros to be spent anywhere Visa is accepted. Swipe has previously launched support for Google Pay and now adds to Samsung Pay to broaden the reach of accessibility for Swipe users.
Samsung Pay gives Swipe Visa cardholders access to a secure and fast way to pay with their smartphones, smartwatches, and other Samsung Pay-enabled devices. With this integration and relationship with Samsung, cardholders can enjoy these benefits instantly and use their cryptocurrencies at over 50 million locations worldwide.
Cardholders in the United Kingdom and European Union countries which include: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovenia, Slovakia, Spain, and Sweden are able to utilize Samsung Pay, in addition to Google Pay, giving Swipe the first multi-national digital wallet approach for both Samsung Pay and Google Pay on a wide number of cryptocurrencies.
Joselito Lizarondo, Chief Executive Officer of Swipe stated, “We are excited to bring Samsung Pay to our cardholders.” This integration and relationship with Samsung will open cryptocurrency adoption and make transactions with our Visa card in Euros converted by crypto seamless. Given the current COVID-19 situation, and people steering away from physical products like cash and in some instances cards, a digital solution really helps put our client’s needs first.”
About Swipe
Swipe is a multi-asset digital wallet and Visa debit card platform designed to let users buy, sell, and spend their cryptocurrencies. Swipe is headquartered in the Philippines with operations in the United Kingdom and Estonia that service European users. The Swipe platform enables users to spend cryptocurrencies in real-time without having to manually convert the transactions prior. Users can also buy/sell cryptocurrencies with their linked bank accounts globally. Follow Swipe on Twitter, Facebook, Instagram, and Medium blog to get the latest news and updates.
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Your Swipe Visa Card and Account will be issued by Contis Financial Services Ltd who is authorized by the Financial Conduct Authority to issue e-money (Firm Reference Number: 900025) and is a member of Visa.
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Stay up-to-date with all the latest news from Swipe
Website: https://swipe.io
Twitter: https://twitter.com/SwipeWallet
Facebook: https://facebook.com/Swipe
Instagram: https://instagram.com/Swipe
Medium: https://medium.com/Swipe
Telegram: https://t.me/SwipeWallet & https://t.me/Swipe
LinkedIn: https://www.linkedin.com/company/swipewallet
YouTube: https://youtube.com/SwipeWallet
submitted by SwipeWallet to Swipe_io [link] [comments]

Initiating a bank transfer or Paypal from Vietcombank without being in the country?

Even though I worked legally and could theoretically do an international wire transfer, I'm leaving Vietnam on the 24th and get paid (probably 20M dong / $900) on the 1st, so that's not an option because I won't be able to physically go to a VCB agency.
I could pray that my debit card works internationally and then withdraw small amounts every day in Japan/Brazil/Philippines, but that incurs steep fees (I'm assuming $5 per transaction with a $100 transaction limit which would amount to just shy of $50 or 1.1M dong in total fees). Not to mention that ATMs are often very finicky with international debit cards.
So one thing that I'm considering is buying Bitcoin. I found a website that accepts VND and has much cheaper fees than the debit card method above. It doesn't seem 100% safe, but beggars can't be choosers. It accepts bank transfers and Paypal as methods of payment, so my question is, can I easily use one of those to extract my VND from my VCB account without being in Vietnam? Or in other words:
Thanks!
submitted by Malarazz to VietNam [link] [comments]

Abra Explained!

With the announcement of Abra Global accepting Litecoin along with 19 other great crypto currency projects.
https://twitter.com/satoshilite/status/974445868282650624?s=21
https://twitter.com/billbarhydt/status/974308529451368449?s=21
There have been some mixed emotions. Most, in my belief, due to not fully understanding the product. I took some time to clarify a few things and possibly answer some of the questions you might be having.
Users can deposit money through means of: -US domestic wires for 2-30k per day, no weekly or monthly limits.
-Bank deposit (US & Philippines for now) 1.5-2% Teller Fee for PH Banks 0% Fee for US Banks
-BTC deposit Network Fees
-Credit Card(Amex)/Debit (ACH) transactions More to come) 4% Fee for Amex
Once the funds are on the platform though you can convert fiat/BTC for ANY of the 70 currencies listed including fiat currencies without supported banks yet. You can even exchange fiat for fiat USD -> GBP.
This is possible by means of use of stablecoins. Here is a link to how stablecoins work:
https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5
TL;DR Stablecoins are paired with a fiat that holds its value relative to a foreign markets rather than a crypto exchange, so the price will not be as volatile. All stable coins are hedged against the market through the use of smart contracts through Litecoin and Bitcoin networks.
Additionally: Abra will pay the difference if you want to cash out fiat stablecoins. (Example: if you put $100 USD into EUR and it gained 6% you would keep the gains, less any fees)
Trading If you would like to trade any of the Crypto Currencies for Fiat, all trades are fee-less (crypto->crypto, crypto->fiat, or fiat->fiat)
Any withdrawals currently only charge 1.5-2% for PH Banks, 0% for US banks, & Network Fees for BTC withdrawals. Users can also do US Bank wire withdrawals
Additional Tip: If you use UnionBank, they can do OTC cash deposits into the app even if you aren't a UnionBank account holder and they do not have fees.
Pros -2-3 Business Day Bank deposit -> 5-7 day Coinbase -Fee-less trading -70 supported currencies (through use of 20 crypto currencies and 50 Fiat stablecoins) -Non-custodial wallet (you control private keys)
Cons -Only US & Philippines Banks/ BTC for deposits -Can only withdrawal via US & Philippines Banks, or BTC -Can not transfer to external wallets -Segwit not activated
KYC can be viewed either Pro or Con, but they do require a KYC. Very small though:
-Name -Country -Email -Phone Number
It took me about 5 minutes to completely sign up, add my bank info and transfer some BTC.
Solutions Abra is working to add more banks in the future, in the meantime users can still hold their preferred currency through the use of the fiat stablecoins.
https://www.abra.com/blog/20-new-cryptocurrencies/
"Abra will be adding native support for LTC & ETH deposits in the coming weeks."
Currently Abra is working on support for transfer from Ledger Nano wallets
https://twitter.com/crypto_trojan/status/974339057927929856?s=20
Segwit support is also on their road map & they plan to have it released within the coming months.
Sidenote: For anyone wondering how they make money. Abra Global make their funds off of the exchange spread which = difference between the sell and buy price via market orders.
Add any questions you might have. I'll try my best to answer them or point you in the right direction.
Ryanfromabra may be able to answer some questions from a customer operations point of view
Maybe coblee, Losh11 might be able to explain more technicals
ecurrencyholder and I have reached out to @billbarhydt on Twitter to possibly set up an AMA and Livestream, to be set at a later date! Stay tuned.
Any supporting links or thoughts are always appreciated! Thanks for your time.
To the moon! 🚀
submitted by Orbitzz1 to litecoin [link] [comments]

Stellar Lumens HODL alert: 2017 Round up, Partnerships, Lumens vs. Other Cryptos

Welcome everyone! The future of Stellar Lumens is bright! Today we will look at the accomplishments of Stellar.org in 2017.
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2017 Round Up
IBM / Stellar Partnership
• Kik Messenger’s KIN coin to move from Ethereum to Stellar in 2018
• Stellar ATM introduced in Singapore
• Jed McCaleb confirms IBM/Stellar has 30 banks on board (Youtube Video)
Lightyear.io enables forward thinking financial entities to easily join the Stellar ecosystem.
• IBM adds 8 new validators from 8 different countries onto the Stellar network (article)
Forbes calls Stellar “venmo, but on a global scale - and for larger bodies like banks and corporations.”
• Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners (article)
• Many new partnerships (listed below) that will be using the Stellar network in 2018.
Binance and GoPax Exchanges Adds Stellar
Ledger Nano S support is now available for Lumens (XLM)
• The next coin to break into the top 10 cryptos (article)
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2017 Partnerships & Financial Institutions
IBM - is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM partnered with Stellar to help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
SatoshiPay - a web payment system that helps online publishers monetize digital assets like news articles, videos, or PDFs in tiny increments without friction.
EXCH.ONE - is a FinTech software company based in Switzerland currently working to integrate its platform and its first technology adopter Euro Exchange Securities UK Ltd. into the Stellar network. This addition to the Stellar network will bring access to currency markets of South and Central America,UK and a number of EU countries.
Novati (ASX:NOV) - is an Australian-based software technology and payment services provider. Novatti is currently working to integrate it’s platform into the Stellar network with the ultimate aim to build a global money transfer solution to provide cross border, cross currency and cross asset payments.
Pundi X - is an Indonesia based fintech company that provides POS device, debit card, multi-currency wallet that empowers individuals to buy and sell cryptocurrency at any physical store in the world. They say "buying cryptocurrency should be as easy as buying a bottled water."
MoneyMatch - is a Malaysia based fintech startup that provides a fully-digital peer-to-peer currency exchange platform for customers to transfer and exchange foreign currencies with complete ease and at great value. The company plans to integrate with the Stellar network and enable pay in and pay out from Malaysia.
Streami - is a Korea based fintech company that offers blockchain enabled cross-border remittance service and recently launched a cryptocurrency exchange. The partnership extends both on the exchange side and remittance operations.
Neoframe - is developing and marketing trading solutions for big brokerage firms in Korea and extends its business to blockchain based applications. Neoframe developed high performance centralized cryptocurrency exchange as well as secure wallet solutions and is working with big financial players. The company is planning to launch a remittance business for ASEAN countries (Thailand, Vietnam, Indonesia, Malaysia, Philippines, Singapore, Myanmar (Burma), Cambodia, Laos, Brunei) using Stellar.
SureRemit($RMT) - is a Nigeria based global non-cash remittances company. SureRemit leverages the Stellar blockchain platform to connect immigrants abroad directly with merchants that provide the services needed by their loved ones back home. With Remit tokens, immigrants all over the world can access digital shopping vouchers that can be spent on goods and services at accepting merchants wherever they are.
Cowrie Integrated Systems - is a Nigerian based Value Added Service Provider. Cowrie provides services at the intersection between telecoms and finance. Cowrie recently joined the Stellar network to bring novel fintech services to the African market.
Smartlands - is a Stellar-based platform designed to create a new class of low-risk tokens, secured by real, profitable assets in the real-world economy. Smartlands is designed to promote investments in the agricultural sector by allowing investment in individual projects, agricultural companies or indexes of groups of projects. These investments will be fully collateralized by agricultural real estate, other productive assets such as fruit or nut trees or, in some cases, the actual crop.
Klick-Ex - is an award winning regional cross-border payments system delivering financial infrastructure for emerging markets. It has been responsible for dramatic uptake in digital financial services in unbanked regions of the world, and lowering costs for banks, central banks and consumers in low liquidity currencies. Its key presence is in the Pacific and Europe, and it is a founding member of www.APFII.org processing more than 775,000 transactions per second, per billion of population (source).
Mobius - Mobius connects any app, device, and data stream to the blockchain ecosystem. Our simple and easy to use bidirectional API allows non-blockchain developers to easily connect resources to smart contracts and more. The Mobius MVP acts like Stripe for Blockchain by introducing innovative standards for cross-blockchain login, payment, smart contract management, and oracles. The Mobius Team includes David Gobaud, Jed McCaleb (Stellar.org founder), Jackson Palmer (creator of Dogecoin), and Chandler Guo (notorious Bitcoin & blockchain investor).
Chaineum - Chaineum, the first French ICO Boutique, will use the Stellar network for upcoming ICOs. “Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Chaineum is preparing 8 ICOs by the end of 2017, for European, North American and Asian companies, of which cumulative amount could reach € 200 million." (source)
Poseidon Foundation - Poseidon will simplify the carbon credit market with the creation of an ecosystem built on Stellar.org’s blockchain technology. This technology will prevent double counting of carbon and will be consistent across jurisdictions, making it easier for companies to deliver and measure progress towards their climate targets or other goals such as deforestation-free commitments.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada. Remitr uses the Stellar network for international settlements for businesses as well as other payment partners. Remitr’s own payout network of 63 countries, comprising several currencies, is extended onto the Stellar network.
MSewa Software Solution (MSS) - MSewa Software Solution (MSS) Payments provides a one-stop digital payment service available across the Globe. MSS Payments aims at serving the consumers (Banked, Unbanked and Underbanked) with mobile banking facilities on the move from anywhere by transferring funds in their mobile phone.
PesaChoice - PesaChoice is a leader in international bill payment services for the African diaspora. PesaChoice aims at making international bill payment process easy, seamless, secure, with reasonable and competitive service fees, and up to date technological advances.
SendX - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain.
VoguePay - VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
HashCash - Hashcash consultants build financial solutions for banks and financial institutions over blockchain. We leverage the Stellar platform to build products that vastly improve the remittance and payments experience for banks and their customers. Transfers happen lightning fast at a fraction of current rates and operational cost is significantly reduced. HashCash is headquartered in India, with operations across South Asia and the Gulf.
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Stellar Lumens vs Other Cryptocurrencies
Lumens vs. Bitcoin: Jed McCaleb spoke at Distributed Markets in 2017 about the advantages, but more importantly, the disadvantages of Bitcoin. Listen to the talk here. Jed said, “Bitcoin is this awesome innovation. The first thing it does is converts a real world resource, electricity, into a digital asset. So it takes something from the real world and puts it into the digital realm. The second thing it does is provides immutable public record. It’s basically a database that everyone can see but no one change arbitrarily… That’s great, Bitcoin solves the double spin problem [ of proving possession and transmitting volume]… [However, to fix the problems of bitcoin] you might think well maybe we’ll just kind of keep adding [software] to Bitcoin until we get there, but that’s not really the way software works. You want to have the design from the beginning and solve these simple issues. Bitcoin was designed to be a new currency, it wasn’t really designed to be this unifying universal payment network. So that’s what Stellar does. It solves these three remaining issues.”
Lumens vs. Bitcoin #2: According to wired.com, "Bitcoin mining guzzles energy - and it's carbon footprint just keeps growing." Wired says "Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day... The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year." Because Stellar is based on a consensus algorithm rather than mining, it takes much less energy to run the Stellar network. The Poseidon Foundation decided to build their platform on Stellar rather than Ethereum or Bitcoin because of this (twitter source).
Lumens ICO tokens vs. Ethereum ICO tokens: According to Stellar.org, "traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits."
"While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency."
Stellar vs. Ethereum #2: The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum (source). Stellar has a negligible transaction fee (.00001 XLM ~= $0.0000002) with no gas fee for computation, while depending on the complexity of the computation, the median cost for a transfer on the Ethereum network is $0.094. Security: While both Stellar and Ethereum run on a decentralized network, the Stellar network has fewer security pitfalls. Stellar uses atomic transactions comprised of simple, declarative operations while Ethereum uses turing complete programming capabilities which produces less auditable code and greater risk of exploitable vulnerabilities (source). Recently, a security flaw in the Ethereum network froze millions of dollars. According to Mobius ariticle written by David Gobaud, "On November 6, 2017, Github user deveps199 'accidentally' triggered a bug in Parity, a popular Ethereum mult-sig wallet, that froze more than $152 million in Ether across 151 addresses. The bug impacted several token sales including Polkadot, which has had ~$98 million out of its recent $145 million sale frozen."
"Mobius had none of its ongoing pre-sale Ether frozen because we do not trust Ethereum’s Smart Contract based multi-sig wallets given the vast Turing complete attack surface and did not use one. Security broadly is one of the main reasons the MOBI token that powers the DApp Store is a Stellar Protocol token and not an Ethereum token."
Lumens vs. Ripple: According to Wall Street Bitcoin Exchange, "Many investors like to compare the company [Stellar] to Ripple, and there are a lot of similarities, being that some of the founders worked on the Ripple team. In what can now be looked at as another blockchain development drama that plays out on chat boards and in interviews all across the globe. Stellar declared they fixed Ripple’s problems with their hard fork, however, Ripple has failed to admit to any of the flaws in its design that the Stellar team has pointed out." The article concludes by saying, "We Choose XLM Over XRP For 2018. That is why we are going with Stellar Lumens over Ripple in our portfolio for the rest of 2017 and 2018. After holding Ripple for a long time this year, it just never seems to make the big break like other names with bigger market caps like Bitcoin Cash, Dash, and Litecoin have. While we are holding on most all our larger market caps, we feel that Stellar Lumens will be one of the break out coins for 2018."
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Conclusion
The stellar.org team is doing an amazing job making partnerships and pioneering the use of blockchain technology for various types of transactions. What we are seeing is a new technology that can actually be used to solve real-world problems. As a community, we need to continue supporting Stellar and we will quickly see it power transactions across the world. What are your thoughts about Stellar? What do you see in the future of Stellar? Any important news you want to share? Comment below.
submitted by chargingerman to Stellar [link] [comments]

Bitcoin saved my ass in South East Asia

A week ago I went to the Philippines from Taiwan for a short visa run. I exchanged some Taiwan dollars to Pesos at the government-run Bank of Taiwan and got ripped off big time (the spread was 30%).
Anyway, I ran out of money in a few days and heard of Coins.ph. They let you instantly cash out bitcoins at particular ATMs with no debit/credit card needed. I always carry around $100 worth of BTC in my wallet so I gave it a try.
I sent ~$60 over to my Coins.ph wallet, sold it for Filipino pesos, went to the nearest ATM, typed in some codes and got 3200 pesos for almost the same exchange rate as found on google. The difference was only 2.8% which I thought was fair given my other choice was to become a beggar.
We're still far from using Bitcoin for everyday stuff but it proves to be very helpful regardless (unlike bankster that can't wait to fuck you over).
Just wanted to share my experience with you guys.
Btw here's the link explaining the whole process.
tdlr; went to the Philippines, ran out of money, sold bitcoins for pesos, survived.
submitted by loserkids to Bitcoin [link] [comments]

Bitcoin may not have as high TpS as Visa, but at least with bitcoin i’ll never have to worry about this

I originally wrote this a month ago but decided not to post it. After being denied twice since, I have decided that I should post it.
Today my card was blocked in France while trying to top up credit on my phone. I was given three questions, answered each of them correctly (where i’ve lived in boulder, where my brother lives, how old my mom is) and yet I was still blocked. I was also told by my bank that there’s nothing they can do about this, it’s between visa and the merchant, so as long as I try to use visa I will always run into this problem. At any point my card can be blocked because they ask questions that cannot be answered correctly, or even when answered correctly it will still be blocked.
original post
Backstory: I lived in Thailand and had plans to go to a conference in Ho Chi Minh, Vietnam. Today I used my bank card to purchase one of the few things in life that I can’t with BTC, a visa for Vietnam. However, when going through processing I was asked three verification questions:
Not sure of the exact wording used, but it was basically how did you come to own/how did you buy/etc.. Unfortunately for me I’ve never seen that address in my life, i have no idea where it comes from as I’ve only ever lived at two residences in America, both of which I know the address to. There was option for this is not applicable to me which i chose.
My mom’s last name isn’t tackett though, so I don’t know why they’re using that name. She and my dad have been divorced since before I can remember, so they’re using information that’s out of date since at least 1995. The age ranges they gave me didn’t actually have one with her age, it was something like 25-35, 40-45, 46-55, 60+, my mom is 56. There was no correct answer. I chose the closest and went from there.
My brother moved several months ago, so again, there was no correct answer. But it did have his previous city, so I answered with that.
After all of that they deemed that it was a fraudulent transaction and wouldn’t process it. Luckily for me, the fraud department at my bank was online and was able to remove the block and for me to book my visa. So you may say, “see! the system works." However, when I had this exact same problem in 2013 while in Thailand trying to buy a flight i lost out on hundreds of dollars because I had to go to an agent and pay with cash.
I had a conversation with some people in a bitcoin wechat group im in about how much I hate banks after taking my ICBC (largest bank in the world) card to an ICBC branch in malaysia to withdraw all my money since I can’t use the card in Thailand (even at an ICBC branch). Unfortunately in Malaysia I also can’t use that card, even at an ICBC. People were saying i’m doing myself a disservice by not having a bank, but in the past 8 days i’ve been denied my money from my bank three times, once in Thailand trying to use an ICBC, once in Malaysia trying to use an ICBC, and now by Visa. I’ve never once been prompted to go through verification with bitcoin, i’ve never once been denied the ability to send money, and for the people saying the verification/restrictions are for my safety, i’ve never had as much as a satoshi stolen from me, but i have had to spend hundreds of dollars to fix the mess caused by my banks.
This is why i’ve had my salary paid 100% in bitcoin for over 2 years, this is why I hold the vast majority of my money in bitcoin, and this is why I know that bitcoin has a future. To anybody who says that the current banking system works just fine, that’s ludicrous, start traveling and nearly every day you’ll see why bitcoin is needed; fees to convert currency, 5-50%—yes, it was literally 50% to convert Vietnamese dong to Thai baht at the Phuket airport; fees to withdraw from an ATM ($6, 2%); and tons of places charge you extra 3-5% plus flat fee if you use a cc.
Other stories about why I hate banks
Story time: In 2014 I was at Bitcoin2014 in Amsterdam, had an amazing trip that forever changed my life. While there I discovered that if you don’t have chip & pin a lot of places won’t accept your debit card, and even worse that they don’t even accept cash. My bank didn’t offer chip & pin cards when mine was issued so unfortunately couldn’t use my card nor my cash. When i went back to the states in July I asked specifically for a chip and pin card but they said they still don’t offer them and that I’d have to deal with swipe and sign for the time being. So I got my card and headed off on my travels once more, this time to kyrgyzstan and kazakhstan. When I get there I receive an email from my bank that they’ll promptly be canceling my card as they’re switching everyone over to chip and pin. I could ask for a two-week extension, but that’s it, after that I’ll have to wait for my new card to arrive. They also won’t send cards abroad, so i have to have it sent to my family and then have them ship it to asia (one card has already been lost in this process). So once again, I have no way to access my money.
Second Story time: When bitcoin hit $1000 in 2013 some friends and I took a trip to the Philippines. I sold a bitcoin and had the fiat transferred to my bank account (Wells Fargo). I went to use my card at an ATM and it was denied, I called my bank and tried to get the situation fixed. After going through social security number, recent withdrawal locations/amounts, and account information they said "no problem, we’ll have it all fixed here shortly, just need you to tell me how much your monthly mortgage payments are.” I was 21 and living in Beijing, i didn’t have any mortgage payments. So he let me know that wasn’t a problem, just needed to know how much my monthly car payment was. I was 21 and living in Beijing, I didn't have a monthly car payment. I was then promptly told “bummer, nothing we can do” and had to spend well over an hour going from supervisor to supervisor before I finally got the block lifted. It’s important to note that I notified them of my travel plans well in advance of my trip.
This is why I love bitcoin, my money is actually my money and i can use it 24/7/365. Even if I need to wait 30 minutes for a confirmation, it is vastly superior to not being to use your money at all.
Tldr; Visa has deemed my transactions fraudulent several times because i was unable to answer security questions that don't have correct answers. Bitcoin has never told me I can't spend my money.
submitted by zanetackett to btc [link] [comments]

Withdraw Perfect Money With Atm Card From Your Local Bank

Withdraw Perfect Money With Atm Card From Your Local Bank
Now Philippines can get a bitcoin debit at raxcard.com. Here is a rundown of a portion of the undeniable advantages that accompany the Bitcoin debit card;

The card can be virtual or physical. Subsequently, contingent upon your inclination, you can appreciate the administrations.

The card empowers the holder to make moment money exchanges everywhere throughout the world. For example, an outsider living in the US can wire the relatives back home.

The card facilitates the hustle of shopping. With the card, you can stroll to any store or visit an online store and do your shopping without the stress of if they are tolerating crypto coins.

The cards enable the holders to change over the coins to fiat and after that the fiat monetary forms are pulled back from the ATMs around the world.

With the card, you can hold more than one fiat cash.

The rundown of advantages is long. Yet, the above advantages are of more accentuation as they reverberate with a larger part of the Bitcoin people group individuals.
The Bitcoin Debit Card disposes of the need to always visit different Cryptocurrency trades for the best trade rates. The card gives clients a chance to pay charges, purchase staple goods, spend in lifestyle and design without stressing over focused trade rates. Plus, clients can without much of a stretch pull back cash from ATMs. Short the change charges, life would be a lot less demanding while clients depend exclusively on Bitcoin and different Altcoins possessions for their everyday exchanges.

The Bitcoin Debit Card additionally has been controlled by either Visa or MasterCard. This makes it usable and helpful more than a large number of sellers who acknowledge Bitcoins however are uncommon to be found. Most organizations everywhere throughout the world acknowledge Visa and MasterCard when contrasted with tolerating Bitcoin. With the Bitcoin Debit Card, clients get a great deal of decisions like spending Ethereum, Bitcoin or different Altcoins. This technique empowers clients to exchange any of the crypto possessions that they wish to.

Bitcoin Debit Card likewise offers insurance against swelling.
submitted by omifoot to u/omifoot [link] [comments]

Best of Buttcoin: 2014

There's been some fantastic work done in this subreddit spreading disinformation researching, criticising, and debunking bitcoin and its sacred cows over the past year, which I would like to celebrate.
So here's some posts I saved on bitcoin-related topics. But I started saving things too late... So if you have and/or remember any great posts from the past year, dig them up and post them here.
Also, unironically, maybe someone should start a buttcoin wiki

First, three pieces of investigative journalism from Buttcoin's top minds. Here Charlie_Shrem examines the environmental impact of bitcoin mining. Key finding: For every Bitcoin transaction, 47 kilograms of CO2 is released into the atmosphere from the miners alone.
Current hash rate: 261,900,382 GH/s
Number of transactions per day: 71,331
If we assume rather conservatively that 1GH/s = 1 watt on average, then this would mean 261,900,382W is being used to power the network. We can simplify this to 261,900 kW.
Some miners can do better than 1W per 1GH/s, but many if not most do worse (i.e. 2W per 1GH/s to 10W per 1GH/s).
Going by the figure of 0.527kg CO2 / kWh found on this page,
0.527kg CO2 x 261,900 kW x 24 hours = 3,312,511.2 kg CO2 per day
Now,
3,312,511.2 kg CO2 / 71,331 transactions = 46.44 kg CO2 per transaction
For comparison, even going by this Coindesk Article, an ATM produces daily 3.162kg in CO2 emissions.
0.25kwH x 0.527kg CO2 x 24 hours = 3.162kg/day.
That means that the carbon emission for one Bitcoin transaction is equivalent to about 15 ATMs processing perhaps hundreds or thousands of transactions in a day combined.

Earlier this month Frankeh abruptly interrupted remittance-focused annular onanism by issuing a challenge: to find a single instance where bitcoin works out cheaper than a fiat alternative. In case you need to ask... Nope.
Right, there's a bunch of circlejerking happening in /Bitcoin right now so I think it's time to cut through the bullshit one way or another.
Country to send money to.
The biggest remittance markets are China, Indian and the Philippines.
I believe that since /Bitcoin often gives the Philippines as an example of successful Bitcoin remittance then it is the perfect country to use in our challenge.
Country to send money from.
According to this wikipedia article Malaysia and Canada have the biggest expat Filipino communities. 900,000 and 500,000.
So I think we should do the calculations based on both countries.
The methodology
Most people are not paid in Bitcoin. This is a fact. So for our calculation you must start with fiat, and end in fiat. We're not doing these calculations based on future utility of Bitcoin (No, neo. I'm saying...), we're doing them on the current utility.
We will also be doing a bank to bank remittance, because that is nice an constant. We don't need to take into account pick up locations Bitcoin remittance allows and pick up locations normal remittance allows. They'll vary too much.
Time will also not be taken into account, as time doesn't actually matter when it comes to remittance. Now, Bitcoiners might shout about this particular rule but let me explain my logic behind this.
A foreign worker gets paid every Friday. They start the remittance process on the Friday and regardless of if it takes 0, 3, or 5 days their family back in their home country just needs to base their life around money coming in on remitters pay day + 0, 3, or 5 days. Time taken is of no real value when it comes to remittance. All that matters is that it consistently arrives on day x.
As such, any remittance services that take over 5 working days are to be ignored for the sake of this challenge.
The amount
The amount is going to be 25% of the average wage in each of the countries. This isn't extremely scientific because it doesn't particularly need to be, and the figures are hard to come by.
So 1826.75 MYR for Malaysia and 1,398 CAD for Canada.
Don't bother complaining about these, they're just examples.
Few more ground rules
  • We're going to be going from bank/bank card to bank regardless, so we're not interested in banking fees on either side. They will be the same regardless of Bitcoin or WU (for example)
  • It must be from local fiat to foreign fiat.. You can't palm off the conversion fee to the receivers bank to keep fees down.
  • Any remittance service can be used, as long as Bitcoin is involved for people fighting the Bitcoin corner and Bitcoin isn't used for people fighting the WU (or similar) corner.
  • You must go through the process and document all the fees for each. Fees to look out for are currency spreads, transaction fees on exchanges, etc

Finally a recent thread, but commendable all the same. Hodldown presents some research leading to facts overturning years of knowledge in the bitcoin wiki. Even us shills have been laughing at bitcoin's pathetic capability of 7 transactions per second. It turns out, we were out by at least a factor of 2:
The average number of transactions per block right now is: 665 transactions
The average block size is 0.372731752748842mb.
That means the average transaction is 0.00056049887mb. Which means 1mb of transactions (the limit) is 1784 transactions
Assuming a 10 minute block (a whole other can of worms) that means there is 10*60 seconds.
1784/600 isn't 7. It's a 2.97.
Bitcoin at a technical level can not handle even 3 transactions per second.

In one of the frequent bitcoin user invasions, PayingWithActualMone outlines why the "solution in search of a problem" isn't that great of a solution to much either.
On the transaction side: the Bitcoin community seems convinced that banks are ripping them off (which imo they are not), and that it can be fixed by applying some magicsauce over a transaction that is facilitated by banks regardless. So far in practice I haven't seen any evidence of the 'fast' 'cheap' and 'easy' transactions, like most recently with Mollie. They usually compare the fees of BTC>BTC transactions to the fees of Chase Mastercard > a fucking nomad in the Sahara (with consumer protection) to prove their point. The community also seems convinced that the entire world banks the way America does, not realizing that in Europe banking has been dirt cheap for years.
And the security... oh boy the security. Half the population can't manage to go without a virus for one year (not an actual statistic), and now you expect them to secure their coins? People are dumb as shit, and software is always one step behind the exploits. We could of course create Bitcoin banks, but then there isn't much left of the original idea.
On the 'intrinsic value' side: what the hell is wrong with people. If the underlying product is no good in any aspect, why is it worth much? Right now (that's like 5 years after introduction mind you) BTC is used in 3 types of transactions: Silk Road, SatoshiDice & extremely questionable transactions. It does its job well in that aspect, and that's all it will ever be. The community just turned the technology into a giant ponzi, and they don't care as long as they get paid. The people actually doing business in Bitcoin probably don't care about the price that much.

Someone who deleted their account, on the argument that merchant adoption is a cause of the price drop:
That's just an excuse butters use for the price going down.
There's no real difference between selling bitcoin for fiat and exchanging bitcoin for goods and services. Both are a form of sale of bitcoin, an expression of preference for something other than bitcoin.
If on balance, there's more flow of bitcoin into fiat, goods or services than there is a corresponding opposing flow, then it is simply the market expressing the view that bitcoin is overvalued. Therefore, the reduction in the value of bitcoin (as valued in fiat) is a sincere expression of the market's view of what the correct price for bitcoin is.
Think of an example: A true believer has 20 BTC. He exchanges 10 BTC with Dell for a whizzy server. Dell (or another intermediary) sell the 10 BTC at an exchange in return for fiat. The market price of BTC goes down.
The price goes down, simply because a true believer cut his bitcoin holding, he got out. He thought having a server now was worth more to him than 10 tickets to the moon. Which is an expression of a negative view of the future value of bitcoin. A simple "aggressive" sale in trading parlance.

A late entry from jstolfi. A concise description of the Satoshi/Bitcoin origin story .
My understanding is that "Satoshi" had been trying to solve the technical problem of convincing a bunch of anonymous, volunteers to maintain and protect a distributed ledger, with no central authority.
He thought that he had a solution, in the form of a protocol that included PoW, miner rewards, longest chain, etc. The solution seemed to work on paper; but, as a good scientist, he started an experiment in order to check whether it would also work in practice.
For that experiment to be meaningful, it would have been enough if the coin was mined for several years only by a few hundred computer nerds, with the cooperation of some friendly pizza places and bars.
The US$ price of the coin was not important to the experiment, and it was never meant to be a weapon for libertarians, a way to buy drugs or evade taxes, a competitor to credit cards or Western Union, a sound investment or item for day-trading. All those "goals" were tacked onto it afterwards.

bob237 comments on the the absurdity of coinbase and it's touted 'rebuy' scheme,
It gets even better than that, actually. A lot of bitcoiners don't like 'losing' bitcoin, and so coinbase added a popular 'repurchase bitcoin' feature that automatically debits your bank account to replenish the BTC in your coinbase account after a purchase.
The ultimate result then is that you pay coinbase fiat, they take their cut, and then send that fiat on to the merchant. All 'bitcoins' used in the middle of the transaction are not really bitcoins, but just abstractions in coinbase's internal [off-chain] accounting system.
It's a crap version of paypal, no consumer protection and a ton of fees hidden in the spread when you buy your chuck-e-cheese tokens from them.

saigonsquare explains why ubiquitous tipping isn't the the killer app that it has been touted as, and why bitcoiners may fail to grasp this
Most people understand that there are different sorts of interaction. There are purely social interactions, there are quid-pro-quo interactions, and there are market interactions. Mixing those up causes embarrassment and insult. I wouldn't try to pay my mother-in-law ten bucks for cooking Christmas dinner, and I certainly wouldn't try to pay her ten cents. If a waiter suggests I try the raspberry tart, I won't get away with offering to bake him some cookies next week in compensation; if an office mate suggests I have a slice of her birthday cake, I'll be insulted if she brings me a bill for it. If I spend an hour helping my friend move apartments and he thanks me, I'm fine; we're friends helping each other out. If he pays me two bucks, I'm insulted; he's canceled the social nature of the interaction and instead simply bought my labor for a fraction of its going rate. I'm up two bucks but down a friend.
Ancapspergers, not particularly understanding any sort of interaction more complicated than buying a cheeseburger at Wendy's, assume that all interactions are a form of market transaction, and set pricing accordingly. Normal humans get offended by a penny shaving, because it cancels the social nature of the interaction and turns it into a market transaction--and then informs the recipient that his contribution to the transaction was of negligible value.
submitted by occasionallyrude to Buttcoin [link] [comments]

Bitcoin may not have as high TpS as Visa, but at least with bitcoin i’ll never have to worry about this:

I originally wrote this a month ago but decided not to post it. After being denied twice since, I have decided that I should post it.
Today my card was blocked in France while trying to top up credit on my phone. I was given three questions, answered each of them correctly (where i’ve lived in boulder, where my brother lives, how old my mom is) and yet I was still blocked. I was also told by my bank that there’s nothing they can do about this, it’s between visa and the merchant, so as long as I try to use visa I will always run into this problem. At any point my card can be blocked because they ask questions that cannot be answered correctly, or even when answered correctly it will still be blocked.
original post
Backstory: I lived in Thailand and had plans to go to a conference in Ho Chi Minh, Vietnam. Today I used my bank card to purchase one of the few things in life that I can’t with BTC, a visa for Vietnam. However, when going through processing I was asked three verification questions:
Not sure of the exact wording used, but it was basically how did you come to own/how did you buy/etc.. Unfortunately for me I’ve never seen that address in my life, i have no idea where it comes from as I’ve only ever lived at two residences in America, both of which I know the address to. There was option for this is not applicable to me which i chose.
My mom’s last name isn’t tackett though, so I don’t know why they’re using that name. She and my dad have been divorced since before I can remember, so they’re using information that’s out of date since at least 1995. The age ranges they gave me didn’t actually have one with her age, it was something like 25-35, 40-45, 46-55, 60+, my mom is 56. There was no correct answer. I chose the closest and went from there.
My brother moved several months ago, so again, there was no correct answer. But it did have his previous city, so I answered with that.
After all of that they deemed that it was a fraudulent transaction and wouldn’t process it. Luckily for me, the fraud department at my bank was online and was able to remove the block and for me to book my visa. So you may say, “see! the system works." However, when I had this exact same problem in 2013 while in Thailand trying to buy a flight i lost out on hundreds of dollars because I had to go to an agent and pay with cash.
I had a conversation with some people in a bitcoin wechat group im in about how much I hate banks after taking my ICBC (largest bank in the world) card to an ICBC branch in malaysia to withdraw all my money since I can’t use the card in Thailand (even at an ICBC branch). Unfortunately in Malaysia I also can’t use that card, even at an ICBC. People were saying i’m doing myself a disservice by not having a bank, but in the past 8 days i’ve been denied my money from my bank three times, once in Thailand trying to use an ICBC, once in Malaysia trying to use an ICBC, and now by Visa. I’ve never once been prompted to go through verification with bitcoin, i’ve never once been denied the ability to send money, and for the people saying the verification/restrictions are for my safety, i’ve never had as much as a satoshi stolen from me, but i have had to spend hundreds of dollars to fix the mess caused by my banks.
This is why i’ve had my salary paid 100% in bitcoin for over 2 years, this is why I hold the vast majority of my money in bitcoin, and this is why I know that bitcoin has a future. To anybody who says that the current banking system works just fine, that’s ludicrous, start traveling and nearly every day you’ll see why bitcoin is needed; fees to convert currency, 5-50%—yes, it was literally 50% to convert Vietnamese dong to Thai baht at the Phuket airport; fees to withdraw from an ATM ($6, 2%); and tons of places charge you extra 3-5% plus flat fee if you use a cc.
Other stories about why I hate banks
Story time: In 2014 I was at Bitcoin2014 in Amsterdam, had an amazing trip that forever changed my life. While there I discovered that if you don’t have chip & pin a lot of places won’t accept your debit card, and even worse that they don’t even accept cash. My bank didn’t offer chip & pin cards when mine was issued so unfortunately couldn’t use my card nor my cash. When i went back to the states in July I asked specifically for a chip and pin card but they said they still don’t offer them and that I’d have to deal with swipe and sign for the time being. So I got my card and headed off on my travels once more, this time to kyrgyzstan and kazakhstan. When I get there I receive an email from my bank that they’ll promptly be canceling my card as they’re switching everyone over to chip and pin. I could ask for a two-week extension, but that’s it, after that I’ll have to wait for my new card to arrive. They also won’t send cards abroad, so i have to have it sent to my family and then have them ship it to asia (one card has already been lost in this process). So once again, I have no way to access my money.
Second Story time: When bitcoin hit $1000 in 2013 some friends and I took a trip to the Philippines. I sold a bitcoin and had the fiat transferred to my bank account (Wells Fargo). I went to use my card at an ATM and it was denied, I called my bank and tried to get the situation fixed. After going through social security number, recent withdrawal locations/amounts, and account information they said "no problem, we’ll have it all fixed here shortly, just need you to tell me how much your monthly mortgage payments are.” I was 21 and living in Beijing, i didn’t have any mortgage payments. So he let me know that wasn’t a problem, just needed to know how much my monthly car payment was. I was 21 and living in Beijing, I didn't have a monthly car payment. I was then promptly told “bummer, nothing we can do” and had to spend well over an hour going from supervisor to supervisor before I finally got the block lifted. It’s important to note that I notified them of my travel plans well in advance of my trip.
This is why I love bitcoin, my money is actually my money and i can use it 24/7/365. Even if I need to wait 30 minutes for a confirmation, it is vastly superior to not being to use your money at all.
Tldr; Visa has deemed my transactions fraudulent several times because i was unable to answer security questions that don't have correct answers. Bitcoin has never told me I can't spend my money.
submitted by zanetackett to Bitcoin [link] [comments]

Cryptocurrencies plunge for the week with Bitcoin still below USD$6,550, forecasters project 54% per annum growth in the Cryptocurrency ATM industry over 5 years and Coinbase explores launching a Bitcoin ETF with BlackRock

Developments in Financial Services

Regulatory Environment

General News

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Bitcoin 2017 a Comprehensive Timeline

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submitted by BitcoinChronicler to btc [link] [comments]

Choosing an ICO to invest in? Several days more to invest into Crypterium (Hardcap almost reached).

Crypterium platform plans to launch the 'JP Morgan' of cryptocurrency banks. They hope to provide crypto currency banking to every day people and aid in helping to take cryptocurrency mainstream.
There's currently around 3 million crypto users, whilst this number is impressive it's estimated that the market will grow quickly over the next few years which shows the need for a reliable banking service in the market. The new cryptobank will be available for download in the android and IOS marketplaces to provide users with an easy to use app. They state in their whitepaper that they'll provide instant processing for both cryptocurrency and fiat transactions. Many of the current crypto debit card available charge high fees and can have low limits. With cryptoerium there will be no transaction limits and the commission charge will be low and will allow users to pay with cryptocurrency for fiat based products using standard payment terminals.
The team behind the project seems to have a fair amount of experience, it states in their whitepaper that combined they've previously raised over $50 million into fintech projects. Two of the Co Founders also have experience in the payments industry after founding PayQR which was a contactless payment platform. Their app quickly became one of the leading apps in the Google Play store and won a number of awards.
Crypterium ICO Details:
Reasons I'll be investing in the ICO:
submitted by FontenotA to CryptoCurrency [link] [comments]

Bitwage Releases Bitcoin Payroll for the Individual. Live your life in Bitcoin, with or without your Employer.

Bitwage Releases Bitcoin Payroll for the Individual, BP(i) and Enters Beta.
Ways to spend Bitcoin have been growing rapidly since 2013 (Overstock, Gyft, TigerDirect, Expedia and soon PayPal, etc). However, ways of getting Bitcoins have not been growing as quickly, creating a downward pressure on the price of Bitcoin at the online exchanges and little demand for said merchants. There is quite a bit of friction involved in buying Bitcoin from an exchange, with lots of personal information and wait time required. How can we expect mainstream adoption with such high barriers to entry?
*Enter Bitwage Payroll. *
Earning Bitcoin during your day job minimizes friction of on-boarding, while at the same time reducing the number of steps and commission spreads. With Bitwage, there is now an easy way to obtain Bitcoins with Zero-Click Bitcoin Payrolls. We at Bitwage recognize that implementing Bitcoin Payroll may not be at the top of every employer’s list, leaving many who wish to receive a portion of their pay in Bitcoin wanting. This is why we are happy to announce that:
Bitwage Releases Bitcoin Payroll for the Individual, BP(i) as of November 3rd
Bitwage allows anyone, regardless of how big or small, Bitcoin-friendly or Bitcoin-hostile their employer is, to be able to receive a Bitcoin wage. If your employer offers direct deposits, there is no need to evangelize the employer about Bitcoin. Just switch to a bank account that happens to be Bitcoin-friendly. No need to go all-in to Bitcoin. Convert as much or as little of your paycheck to Bitcoin as you want, say 10%.
This is a FREE Private Beta. Sign up at https://www.bitwage.co to get started!
In addition, the Bitwage solution will allow for employees and employers alike to create their capital gains reports and file them through our partnership with Gocheto Financials with just a few clicks.
So what are some of the implications of BP(i):
Live Your Life in Bitcoin, Regardless of Your Employer
Everyday, more and more people are looking for ways to minimize their reliance on the current financial system in exchange for a taste of the future. With the current methods, users have to rely on the inefficient banking systems to act as a conduit between the traditional sector and the digital sector. Now, with BP(i), you can live within this modern digital ecosystem without interfacing with a banking intermediary. From as small as 1% to as large as 100% of your paycheck, you can now live the way you want to live. Whether you are a new user looking at Bitcoin as an investment or you are looking for a way to move into the next generation of financial systems, now you can live your life in Bitcoin.
Unbanked and Underbanked Now Have a New Way to Get Paid
Through BP(i), the unbanked and underbanked in the United States now have a way to access modern financial tools, regardless of their employers.
There are over 10 million unbanked residents in the US alone who either cannot keep a minimum balance to establish a bank account or do not trust the banks in general. Without bank accounts, this segment of the population are forced to deal with the fees and friction associated with the check cashing and prepaid cards industry. In 2012, Green Dot, a major prepaid card player, reported that there were more than 4.2 million active cards and $16.1 billion in gross dollar volume of funds loaded onto their cards that year. Netspend reported 2.1 million active cards with $11 billion in gross dollar volume. The costs associated with prepaid card include initiation fees, monthly fees, POS fees, cash withdrawal fees, balance inquiry fees, transaction statement fees, customer service fees, bill payment fees, fees to add or load funds, dormancy fees, fees to get remaining funds when closing the account and overdraft fees. On average, the fees on prepaid cards cost the unbanked and underbanked up to $30 a month depending on the card. In addition, there were over $31 billion in overdraft fees last year in the US alone. These costs are just for the ability to hold and send money.
With BP(i), unbanked and underbanked now have a new opportunity to have access to these basic financial tools without all of the exorbitant costs related to the traditional financial system. Although Bitcoin payroll may initially act as an investment vehicle due to its volatile nature, as the ecosystem evolves and provides new tools to hedge against the volatility of Bitcoin, BP(i) provides new avenues to provide financial relief to those that need it most.
Receiving International Contractor Payments Just Got Way Easier
Over 2.6 million full-time jobs are outsourced from the United States alone. Millions of freelancers contract for companies in US and Europe from other countries, many of them without a reliable banking network or wire-transfer capabilities. Even after international contractors are paid, after all the delays, transfer fees and conversion fees (which total to about 8% on average), their local currency can be quite volatile and not a good store of value, such as the Ukraine Hryvnia, which lost over half its value against USD during 2014).
What do citizens of countries with high (and under-reported) inflation rates such as Ukraine, Argentina and Venezula do to store the value of their wages? They exchange their local currency for dollars as soon and as often as possible. They often have to deal with currency controls and/or a real shortage of paper dollars in their region, and thus resort to doing business with back-street money changers, who charge a premium for their services, say 8 Argentinian Pesos for a Dollar, instead of the official rate of 5 Pesos.
With the creation of BP(i), receiving international contractor payments is as easy as receiving Bitcoins. Use Bitwage to accept the payments in the US, thereby reducing costs for both you and your employer, and have Bitcoins sent straight to your wallet. By the end of the year, we will be offering fully transparent international payments between the US and the Philippines. This service will be expanded to other countries in early 2015.
As we enter Beta, we will initially be keeping BP(i) and Automatic Zero-Click Bitcoin Payrolls free. Charges may apply for features such as non-automatic payrolls with Wire, ACH Debit, and Bitcoin, as well as 1099 Filings and Capital Gains Filings.
Sign up at https://www.bitwage.co to get started in our FREE private beta. For more information, please follow us at https://www.twitter.com/bitwage
Jonathan Chester, Founder and CSO
Avram Kantorovich, Marketing
Bitwage: Your Wage, Bit by Bit
submitted by bitwage to Bitcoin [link] [comments]

How to withdraw bitcoin and send to your bank (2018 ... Wirex Bitcoin Visa Card Paano bumili ng Bitcoin? How to Buy Bitcoin on Coinbase Using Your Debit Card - YouTube Wirex Philippines- Get Your Bitcoin Debit card by Wirex

This Bitcoin debit card can also be linked to PayPal or any other online wallet. Virtual and physical bitcoin debit cards are available. Virtual bitcoin cards are issued instantly and can be used to spend bitcoins anywhere online. Physical bitcoin cards are delivered within 1-4 weeks and can be used to spend bitcoins anywhere physically and online. Instant loading. Bitcoin debit cards can be ... Users can load the card with bitcoin core , ethereum , ripple , litecoin , and waves, the latter having been added recently. Card holders can spend three leading fiat currencies – euros, U.S ... Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. 11.2 Can I cash out via debit card? 12 Overall. 12.1 Please Share This Article: 12.2 Related; Transferring to Coins.ph. In this section, we want the Bitcoins to be at Coins.ph, a BSP-licensed company that can legally facilitate crypto to fiat conversions and vice versa. Once the Bitcoin is in Coins.ph, there are many options for you to cash out, including Gcash, UnionBank, and even LBC ... Bitcoin debit cards are linked to your cryptocurrency balance. They allow you to load your card with BTC, which is then converted into PHP by the card provider so you can use it to buy goods and services in-store and online, or withdraw cash from an ATM. Find out more in our Bitcoin debit cards guide.

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How to withdraw bitcoin and send to your bank (2018 ...

Bitcoin Debit Card│Best Bitcoin BTC Debit Card Withdrawal Worldwide - Duration: 1:48. Amin Hoque 25,739 views. 1:48. Bitcoin Trading for Beginners (A Guide in Plain English) ... This Vidoes Shows Mr. Michael Eluh withdrawing money using a Bitcoin Debit Card from a BSP (Bank South Pacific) ATM #cryptocurrency if you want to register to coin ph click the link below and if you want to earn bitcoin click the links below Real Bitcoin Giving: http://www.mavroworld.tk/ ... I am your host Ben and this week I want us to address an emerging trend in the Cryptocurrency payment world – Top 5 Crypto Debit Cards in 2020 Coinbase Card https://card.coinbase.com Bitpay ... This video is unavailable. Watch Queue Queue. Watch Queue Queue

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