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Re: Advcash | a new "anonymous" bitcoin debit card [EUR & USD]
by
junoreactor
on 13/01/2018, 12:25:04 UTC
How can you fund advc cash debit card with BTC?  I am using advcash for years but I don't see any option to fund with btc and there is no btc wallet either. Huh
Hi. It is not a wallet for Bitcoin or Eth, it is an anonymous card (Euros for now). But it is easy to send Bitcoin or Eth to your Advcash card, you need to use a Bitcoin exchange that will allow withdraw to a Mastercard. I strongly recommend www.exmo.com because their rates are top notch and way better than Coinbase.


If we need to use external exchange to send btc exchanged money to a mastercard, then why not use the regular card provided by own bank such as hsbc etc?  why should some one use a separate debit card??

Because a lot of bank institutions are starting to look deeply into bitcoin transactions (crypto-currencies in general). HSBC will care a lot if you transfer a big amount (for instance 10k Euros) from an exchange platform. There are people who saw their bank accounts closed as soon as they transfer their profits ("anti-laundering" policy). On the other hand, Advcash not only don't care but they also won't share your personal details to your country's institutions. In short your Mastercard and the e-wallet coming with it are anonymous (unless they are asked by a court to share their customers' details). Hope this helps.