Renowned Australian Crypto Exchange Introduces Debit Card Allowing Users To Make Transactions Via Cryptocurrencies
A reputable Australian crypto exchange- myCryptoWallet- has launched a debit card to facilitate transactions at about one million business locations by users, Ambcrypto reported.
According to Ambcrypto, the debit card- dubbed myCryptoCard, will be accepted by some supermarkets and retail shops when customers make purchases through cryptocurrencies such as Bitcoin, XRP, Ethereum and Litecoin.
The CEO of MyCryptoWallet, Jaryd Koenigsmann, said:
"MyCryptoCard will play a major role in bridging the gap between cryptocurrency and the mainstream. The cards means consumers have the flexibility to use crypto... and... do away with so many of the fees that come about when exchanging back and forth between crypto and fiat."
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