Bitcoin.com, a leader in the Bitcoin and cryptocurrency industry since 2015, has introduced a new way for users to spend their digital assets effortlessly. The company has launched the V-Card, a debit card integrated into its self-custody Bitcoin and Crypto DeFi Wallet app, enabling users to make purchases wherever Mastercard is accepted. This innovative card is now accessible via the Bitcoin.com app and website.
Bitcoin.com CEO Corbin Fraser highlighted the significance of this launch, stating, "This is a game-changer for crypto self-custody holders who seek the flexibility and convenience of traditional financial systems without compromising their principles and without the risk of getting rugged by a CEX." This statement refers to the issues faced by centralized cryptocurrency exchanges like hacks and fraud, where users have historically faced significant financial losses.
About V-Card
The V-Card serves as a bridge between digital currencies and traditional finance. Users of the self-custody, multichain Bitcoin.com Wallet app can top up their V-Card with popular cryptocurrencies such as BTC, BCH, ETH, USDC, USDT, and Bitcoin.com’s ecosystem token VERSE. Once funded, users can utilize their balance at millions of merchants worldwide, ensuring they maintain access to their funds and are protected from centralized exchange failures.
Key Features of V-Card
- Global Accessibility: Spend cryptocurrency at over 37 million merchants and withdraw cash from ATMs worldwide.
- Enhanced Security: Features like card freezing, spending limits, and real-time transaction alerts provide peace of mind.
- Exclusive Rewards: The card offers special rewards and discounts for holders of Bitcoin.com’s VERSE token.
- Additional Benefits for VERSE Holders: A 33% discount on the card fee is available when purchased with VERSE.
About Verse
Launched in December 2022, VERSE is Bitcoin.com’s rewards and utility token designed to incentivize and gamify user engagement. It aims to help newcomers safely explore financial self-custody opportunities, contributing to the growth of the Bitcoin.com Verse ecosystem. This ecosystem includes:
- The multichain Bitcoin.com Wallet app with over 50 million self-custody wallets created.
- An award-winning news platform reaching over 2.5 million monthly readers.
- The cross-chain decentralized exchange Verse DEX with farming rewards.
- Engaging decentralized applications (dApps) like Verse Scratcher and Verse Clicker that educate and onboard users into the self-custody model.
About Bitcoin.com
Since 2015, Bitcoin.com has been instrumental in introducing individuals to the world of cryptocurrency. The platform provides a wealth of educational resources, current news, and user-friendly, self-custodial products for buying, spending, trading, investing, and earning with crypto.
