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myCryptoWallet launches myCryptoCard debit card

source-logo  chepicap.com 15 February 2019 23:00, UTC

Australian crypto firm myCryptoWallet has launched a crypto debit card. myCryptoCard will allow users in Australia to use their crypto holdings in order to withdraw cash from ATM machines

ZERO FEES, ZERO BULLSHIT!
Jump onto myCryptoWallet today to apply for a free myCryptoCard 💳 pic.twitter.com/fP1WIgdtSx

— myCryptoWallet (@mycryptowallet) February 15, 2019

Users of the myCryptoWallet trading platform link their accounts to their new myCryptoCard. They will then have access to their Bitcoin (BTC), Litecoin (LTC), Ether (ETH), XRP, and Power Ledger (POWR), at any compatible ATM in the country. They can withdraw AUD by converting the necessary amount of crypto, which is done automatically at the relevant market prices. No fees are charged for this exchange service.

According to myCryptoWallet CEO Jarid Koenigsmann, "myCryptoCard will play a major role in bridging the gap between cryptocurrency and the mainstream. The cards mean consumers have flexibility to use crypto where, how and when they like, and do away with so many of the fees that come about when exchanging back and forth between crypto and fiat."

Read more: myCryptoWallet bank issues fixed, now offers zero-fee trading;What could make Bitcoin go mainstream again?

chepicap.com