What can you do with your Bitcoin?
Think of your Bitcoin wallet as an online bank. With a bank you can send funds, receive funds, add extra funds and withdraw funds. This is the same with bitcoin.
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1. You may decide to keep at least some of your bitcoins as an asset since the value is rapidly increasing, many experts expect it to reach above $5,000 per bitcoin by the end of 2018. Some forecasters are predicting it could reach $10,000 per bitcoin!
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2. You can sell/convert your bitcoin to cash and move it to your bank.
3. You can use bitcoin debit cards to access your bitcoin funds and make payments as you do with a regular debit card anywhere VISA is accepted. You can even pull cash out of ATMs.
Below you have a few recommendation for both Bitcoin exchange and Bitcoin debit cards.
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Bitcoin Exchange Websites
You can sell your Bitcoin on one of these following websites:
» Remitano.com
» CoinBase.com
» BitPanda.com
» xCoins.io (accepting PayPal)
» CoinTree.com
» Paxful.com
» LocalBitcoins.com
» BitStamp.net
» BitFinEx.com
» BTC-E.com
» OkCoin.com
» CoinMama.com
» CashToCrypto.com
» LibertyX.com
» CanadianBitcoins.ro
» BTCXchange.ro
Bitcoin Debit Cards
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CryptoPay Bitcoin Debit Card
If you look up “Bitcoin debit cards” in Google, the Cryptopay card comes up first in the results. Benefits include access via the three major currencies, you can buy the card with these currencies, or with Bitcoin, and they ship for free anywhere in the world. You’ll get faster delivery times in Europe, which is about 5 business days.
Verified ID / Upgraded Limits
Number of online transactions $ No limit € No limit £ No limit
Value of online transactions $ No limit € No limit £ No limit
Daily number of ATM transactions 222
Single ATM transaction limit $1,000 €1,000 £800
Daily ATM withdrawal limit $2,000 €2,000 £1,600
» Get your CryptoPay Debit Card Here
Xapo Bitcoin Debit Card
Your Xapo Debit Card seamlessly links to your Xapo Wallet and allows you to use your bitcoins for everyday purchases and withdraw cash from ATMs.
Verified ID / Upgraded Limits
ATM transactions per day 222
Amount per witddrawal $1,000 €1,000 £800
Total witddrawals per day $2,000 €2,000 £1,600
Amount per purchase $10,000 €10,000 £8,000
Maximum Spending per day $20,000 €20,000 £16,000
» Get your XAPO Debit Card Here
Shift / CoinBase Bitcoin Debit Card
SHIFT works in association with the ever-popular Coinbase wallet, Dwolla, and Visa, so it has a strong foundation to operate from, and millions of potential consumers to assist.
Spending Limits
Currently, the daily limit is $1,000 USD but you can contact SHIFT Support if you would like to increase your daily spending limit.
If you’re spending from your Dwolla account, there is a daily ATM withdrawal limit of $500.
If you’re spending from your Coinbase account, there is a daily ATM withdrawal limit of $200.
» Get your SHIFT Debit Card Here
Wirex Bitcoin Debit Card
Wirex has been rebranded from the E-Coin card. Wirex advantages include a responsive mobile app, multiple currencies available (USD, EUR, GBP), and worldwide delivery brings everyone into the Bitcoin fold. Also, there is no limit to the value of purchases made online when using Wirex.
Verified ID / Upgraded Limits
Number of POS / Online transactions / Per day $ No limit € No limit £ No limit
Value of POS / Online transactions / Per day $ No limit€ No limit£ No limit
Number of ATM transactions / Per day 222
Value of ATM withdrawal / Per transaction $1,000 €1,000 £800
Value of ATM withdrawal / Per day $2,000 €2,000 £1,600
» Get your Wirex Debit Card Here
BitPay Bitcoin Debit Card
The newest card available and only available within the USA. Benefits include the highest limits of this comparison, without verification. Each card can hold up to $25,000 in funds, and up to $3,000 can be withdrawn daily, $750 at a time, all highest in this review. This removes the need for any verification at all.
Verified ID / Upgraded Limits
Daily Purchase Limits $10,000
Daily number of ATM transactions 4
Single ATM transaction limit $750
Daily ATM withdrawal limit $3,000
Maximum Card Balance $25,000
