Post
Topic
Board Currency exchange
Topic OP
Visa Integration and the Rise of Innovative Payment Solutions
by
Jascrypt
on 03/02/2024, 15:30:00 UTC
Last year was characterized by harsh crypto regulations; however, crypto service providers did not relent in onboarding innovative products to ease transactions and potentially attract more users.

Despite facing drawbacks, the crypto industry has shown remarkable resilience, exemplified by the onboarding of Visa, a global payment giant. Visa has doubled down on cryptocurrency adoption by enabling a new method to exchange crypto to fiat currencies without relying on centralized exchanges. This move is commendable, especially considering the challenging business conditions.

Several exchanges, including Binance and , most recently Bitget which introduced its own credit card dubbed "Bitget Card" also powered by Visa, have rolled out their cards. This development seemingly signifies a significant marketing strategy that brings both convenience and accessibility to crypto users.

My curiosity arises from being in a region not particularly friendly towards cryptocurrencies, and I would like to understand if acquiring and using these crypto-powered cards is similar to traditional bank cards.