Virtual Credit Card Buy Using Bitcoin
Virtual Credit Card Buy Using Bitcoin A virtual Bitcoin credit card typically refers to a payment card that allows you to spend your Bitcoin or convert it into fiat currency for transactions online or in physical stores. These cards work similarly to traditional credit or debit cards but are linked to your cryptocurrency holdings rather than a bank account. Issuance : You apply for a virtual Bitcoin credit card through a provider. These providers may be cryptocurrency exchanges, wallets, or specialized fintech companies. Secure Account Transaction Funding : You transfer Bitcoin from your wallet or exchange account to the virtual card provider. Some providers may allow you to hold various cryptocurrencies, while others might only accept Bitcoin. Conversion : The provider converts your Bitcoin into fiat currency ...