CoinTelegraph spoke with E-coin founders Pavel Matveev and Dmitry Lazarichev about competition in the bitcoin debit card market, the importance of multi-sig security, and crowd investment with BnkToTheFuture.
Since launching their first Bitcoin debit cards to the public in late January 2015, e-coin has been working to build out its platform and push Bitcoin adoption mainstream. In an effort to offer users a convenient way to spend bitcoin wherever Visa is accepted, the company is looking to strengthen its position as a major player in the cryptocurrency debit card market.
CoinTelegraph: What is currently going on with e-coin?
E-coin: We are currently shipping cards to 130+ countries, having 20K+ registered users and around 1.8K cards shipped. A month ago we started shipping cards denominated in EUR and GBP. Currently, we are working on our mobile app, virtual cards and preparing to issue cards with our own design. Also, those in the United States can expect us to start shipping there by the end of the year.
“Everyone can order our bitcoin debit cards with no limitations, waiting lists, pre-orders etc.”
CT: At what rate are you seeing new user growth?
EC: We are seeing a 50% increase