Shift Card U.S. Bitcoin Debit Card:
One of the biggest new technologies sweeping the world is the rise of crypto-currency and chief among the currencies is of course Bitcoin. Many crypto-enthusiasts, investors, consumers, and traders have decided to acquire some Bitcoin. The Shift Card is the first Bitcoin debit card to be offered in the United States. Your Shift Card can be connected to your Bitcoin account through the popular exchanges Coinbase and Dwolla. In order to connect your Shift Card to either of these services you must have an account made with one of them and you will be required to verify your account to link your card.
What Are Some Other Highlights Of The Shift Card that Consumers Should Be Aware Of?
- Your Shift Card will be directly linked to your Coinbase Wallet which means your card will process Bitcoin at the exchange rate of the time of purchase
- This is a Visa Debit Card and even though you are using Bitcoin for your purchase (converted to USD during processing) your card can be used anywhere Visa is accepted
- The Shift Card has no annual fee and there are no charges for using your card to make purchases – consumers will have instant access to their Bitcoin for purchases they need to make
- To connect your Shift Card to a Coinbase account you will be required to log in to your Coinbase account using your email address and password
Your Shift Card operates just like any other debit card even though it is using Bitcoin that you have previously purchased. When you make a purchase your transaction will be quickly updated just like any other card allowing consumers to closely track their spending. The Shift Card charges 0% BTC to USD when making purchases so there is no up-charge for consumers when using their Bitcoin to make domestic purchases in the US.