Bitcoin start-up E-Coin has launched a virtual bitcoin debit card that works where VISA is accepted. The virtual bitcoin debit card has until now existed in the realm of possibilities largely due to the idiosyncrasies of the global financial system.
E-Coin solves a problem that has affected bitcoin users worldwide. Bitcoin users have had to cope with limited spending opportunities. By combining bitcoin with VISA, users of the virtual prepaid card will now be able to perform all the normal transactions that ordinary cardholders are able to do such as load funds, withdraw, and shop online. The most exciting aspect about E-Coin is its merging of the traditional financial architecture with the new reality of digital currencies. E-Coin currently has about 20,000 customers spread out in 173 countries worldwide.
Setting Up E-Coin
To set up an E-Coin account is easy and straightforward. It was a process that took this writer less than five minutes. Like all other similar products, the E-Coin virtual debit card is subject to withdrawal and spending limits. However these can be increased after submitting verification documents.
The E-Coin card is bound to excite developers and the general crypto community since it now allows anyone to spend