Bitcoin recently became a very popular solution regarding online shopping and payments, but those transactions could always get a little bit tricky, up until now. We present you The SHIFT card, a bitcoin debit card that will remove all the trickiness from your online and offline transactions.This is the very first bitcoin debit card in the USA and there is one great and one not so great news regarding this new card. The good news is that this card is backed by none other than VISA, but the bad news is that the Shift card is currently available in just 24 states in the US. These are the states that support the Shift card: AL, AZ, CA, DE, DC, GA, ID, IA, KS, ME, MS, NE, NV, NJ, NC, ND, OK, PA, PR, SD, TX, VT, WA, WV. Hopefully, this card will soon be available in the entire United States.
In the past few years, it was impossible to shop for groceries or to pay for gas at the gas stations via bitcoins, but now you can use this Shift card to shop whatever you want, wherever you desire, as long as VISA is accepted there, of course.
Connect your Coinbase account here, and after a few simple steps the Shift card will be yours for just $10. The issuance fee is paid in bitcoin, of course. Naturally, there are going to be some restrictions. The overall transaction limit is going to be set at $1000, and daily withdrawals are going to have a $200 – $500 cap. Also, every time you withdraw your money using the ATM, you’ll pay a $2.50 fee. You have to admit, that is not much for a quick and effective service such as Bitcoin.
Some big banks, including Goldman Sachs, JPMorgan Chase & Co, and Barclays are in the process of accepting this new form of payments and financial transactions, and surely more banks will follow. So be ready, get your Shift card and be a part of a modern, quick and more efficient future. [via]
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