Spain-based cryptocurrency, Bitnovo has launched Litecoin Debit Card support. Litecoin will support on its cryptocurrency based debit card named BitCard. The decentralized technology removes the need for banks. Furthermore, consumers will be able to use the card to make instant payments or receive Euros.
What is BitCard?
BitCard by the Spanish cryptocurrency company, Bitnovo, calls itself the wallet card without a bank. Furthermore, it converts a user’s Bitcoin (BTC), Dash (DASH) and now, the recently supported, Litecoin (LTC) to Euros.
The method for getting a new card is extremely simplistic. You don’t have to register for anything else except it. So, this alleviates the requirement for endless records.
Furthermore, the card can be requested with the preferred payment method of the user. It is guaranteed to be 100% safe, and it also makes it hassle-free.
Bitnovo also delivers you BitCard at your home, in just 5 business days.
How is BitCard different?
Many companies have been providing crypto debit cards that support Litecoin (LTC). Some of the debit card companies are Wirex, Shift Card, MCO, Revolut and Cryptopay. The list adds Bitnovo into it with an exception. Bitnovo doesn’t require a bank account. Furthermore, in the spirit of supporting the decentralized economy, BitCard of Bitnovo doesn’t keep a wallet linked on to a service.
Furthermore, this enables the ‘pay as you go‘ method for the consumers. They are more likely to top up. Also, in this, you sell your cryptocurrency coins to the company, which in turns credit your BitCard.
Thus, you don’t need a bank account to acquire a new card. Furthermore, you can recharge the credit anytime, and anyway, you like. This comes as a benefit to anyone wanting to use their own preferred payment method.
It gives secure purchase both in the digital and physical world, regardless of your bank history.
Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.