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Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App

Published 08/09/2024, 04:00 AM
Updated 08/09/2024, 04:30 AM
© Reuters. Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App
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Tokyo, Japan, August 9th, 2024, Chainwire

Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard (NYSE:MA)® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here.

“This is a game-changer for crypto self-custody holders who seek the flexibility and convenience of traditional financial systems without compromising their principles and without the risk of getting rugged by a CEX,” said Bitcoin.com CEO Corbin Fraser, referring to the numerous shuttered centralized cryptocurrency exchanges (CEXs) where millions of users have lost their funds due to hacks, bankruptcies, and fraud.
About V-CardV-Card is designed to bridge the gap between digital currencies and traditional finance, allowing users of the self-custody, multichain Bitcoin.com Wallet app to top up their card with popular cryptocurrencies such as BTC, BCH, ETH, USDC, USDT, and Bitcoin.com’s ecosystem token VERSE. Once topped up, users can spend their balance at millions of merchants worldwide. The self-custody solution ensures users always retain access to their funds, protecting them from the failures of centralized cryptocurrency exchanges.

Key Features of V-Card

  • Global Accessibility: Spend your cryptocurrency at over 37 million merchants and withdraw cash from ATMs around the world.
  • Enhanced Security: Enjoy peace of mind with features like card freezing, spending limits, and real-time transaction alerts.
  • Exclusive Rewards: The card will integrate special rewards and discounts for holders of Bitcoin.com’s VERSE token.
  • Additional Benefits for VERSE Holders: Purchasing the V-Card with VERSE entitles the buyer to a 33% discount on the card fee.
About VerseVERSE, launched in December 2022, is Bitcoin.com’s rewards and utility token. By incentivizing and gamifying engagement, VERSE addresses the challenge of onboarding newcomers to the world of financial self-custody. VERSE encourages people to safely explore and benefit from the opportunities at the frontier of finance while also fueling the growth and expansion of the Bitcoin.com Verse ecosystem, which includes:

  • The multichain Bitcoin.com Wallet app with over 50 million self-custody wallets created.
  • An award-winning News platform with over 2.5 million monthly readers.
  • The cross-chain decentralized exchange Verse DEX that integrates Farming rewards.
  • Engaging dApps aimed at educating and safely onboarding users into the self-custody model including Verse Scratcher, Verse Clicker, and more.
About Bitcoin.comSince its inception in 2015, Bitcoin.com has been at the forefront of introducing people to the world of cryptocurrency. The Bitcoin.com platform offers a wealth of educational resources, up-to-date news, and user-friendly, self-custodial products for buying, spending, trading, investing, and earning with crypto.

ContactMarketing Operations LeadGraham StoneBitcoin.commarketing@bitcoin.com

This article was originally published on Chainwire

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