Place/Date: UK - August 3rd, 2015 at 10:16 pm UTC · 4 min read
Source: Bitcoin PR Buzz
Licensed UK Bitcoin exchange Bit-x recently released Bitcoin debit cards fully funded by users’ cryptocurrency balances. Bitcoin enthusiasts and professionals can now spend Bitcoin worldwide, anywhere debit cards are accepted – online, in-store, and withdraw cash from ATMs at any location.
Licensed UK based cryptocurrency trading platform Bit-x.com offers a range of services including Bitcoin, Litecoin, and GH/s trading and Bitcoin cloud mining. Bit-x are now proud to present the future of Bitcoin debit cards issued and processed by Bit-x’s exclusive bank partner.
Bit-x Card’s can be used anywhere debit cards are accepted. Users can withdraw money from ATMs worldwide, direct from their Bit-x account containing BTC, LTC, USD, EUR and GBP. The card can also be used for online shopping and at point of sale (POS) terminals worldwide. Bit-x’s trading platform is also offering free trading with no fees until September.
Bit-x Bitcoin Debit Card’s are designated in either USD or EUR, and can be ordered from any country in the world. No verification is necessary to begin using the card, however basic verification comes with added benefits allowing users to deposit sums that exceed 300 USD of BTC, LTC, USD, EUR and GBP.
With Bit-x’s debit card users do not have to manually fund cards for each use: funds are pulled direct from users’ Bit-x wallet. When paying online, in ATMs, or in shops, Bitcoins are exchanged. Funds are exchanged in real-time as the transaction is executed at the current market exchange rate, eliminating Bitcoin price volatility issues.
Transparent Bit-x is a licensed cryptocurrency and mining trading platform secured with two-factor authentication, and multi-signature addresses and transactions. Registering an account requires SMS authorization, and SMS powered 2FA guarantees the security of customer accounts. Bit-x has PCI DSS certification and the experienced team offers outstanding customer service 24/7, professionalism, and an attention to detail rarely seen in Bitcoin start-ups.
Card registered users can access recovery settings for their personal Bit-x account; ensuring accounts may be recovered in case of emergency. For added security no login details can be obtained from the debit card itself. In this regard Bit-x is a step ahead of even mainstream banks’ security processes.
Creating an account and ordering a card is as easy as obtaining an email address. Users simply go to Bit-x.com, and register with a mobile phone number and password of their choice. To order a card users click on balance, select a currency and press “Order Bit-x Card”, and fill in a short form. DHL is a shipping option, for extremely fast delivery of just a few business days. Once the card and pin-code is received, users can activate the card in less than a minute in the user-friendly Bit-x account area. The account holder remains in control of their funds with embedded tracking tools at all times.
The Bit-x Card is a classic sleek black travel debit card with an embedded chip. The card features individual account ID number, expiry date, and CVC2 number on the back.
The Bit-x website features a user-friendly interface and minimalistic design. The login procedure is hassle-free and only requires the account mobile number.
With the launch of Bit-x’s debit card a new era of Bitcoin and digital currency usability has arrived. Novice and experienced cryptocurrency users alike can enjoy spending their funds online, in shops, and from ATMs worldwide with more freedom and anonymity than a traditional bank can offer.
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