Crypto fiat cards is a new payment instrument which becomes increasingly popular with the development of the cryptocurrency market. Crypto cards are used as traditional banking cards for paying for goods and services. But instead of being replenished by fiat money, they are reсharged with cryptocurrencies. Crypto cards bridge the traditional financial world with a new world of digital currencies.
A new opportunity to pay at offline POS with cryptocurrency cards appeared thanks to the automatic conversion of digital currencies into the necessary fiat currency: instead of cryptocurrency the seller receives traditional fiat money for goods or services. It is convenient for the crypto card holder because it is no longer needed to manually convert currencies or transfer money from one account to another. In recent years, many services have appeared on the market offering to issue a cryptocurrency card. Each crypto card has its distinct features: some cards are available only for the US and EU citizens, some require the conversion to the internal platform tokens, and some offer to link funds with their own cryptocurrency address. In this review, we will look at how the TTM Bank crypto card, which attracted us with its concise design, ease of use and favorable conversion rates, works.
At first, we emphasize the key benefits of the TTM Bank crypto card which favorably distinguish it from other similar financial products:
- Available for the residents of Russia;
- Supports four digital currencies: BTC, ETH, USDT и TRX;
- Instant conversion of deposited cryptocurrencies to euro;
- Withdrawals in fiat at any ATM that supports VISA;
- The deposited funds are stored in the licensed bank.
Lets dive deeper into TTM Bank crypto card terms and conditions. The card is a product of the TTM Bank, which is the trade name of btc2wire company registered in Estonia. Distribution, delivery and management of card accounts are carried out by the companys partner, financial services operator UAB Walletto, registered in Lithuania and a member of the VISA payment network. Dep ...
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