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RE: Bought my lunch 🍔 with Bitcoin! 💵 🤑
Good advice. I'm American in Vietnam. I have BTC. I might get a card and do that. Does the card come from Bit Pay or a 3rd party or something? I'm asking because I'm thinking about my options. I'm thinking about different banks in Vietnam and there are probably other options too. Good post. Thanks for sharing. Enjoy your lunch. Joey Arnold Oatmeal.
You open an account at BitPay and then you can ask for the card. There are other providers that will have the same "type" of functionality (Monaco card for example) and other already out there, but I have only tested this one.
BitPay will have an associated bank that funds the VISA debit card that you hold, in USD dollars.
All you need is to fund the BitPay personal BTC wallet that you will have to create. Then, from there is 1, 2, 3, done.
Lol I just posted a question to you, but you have answered it here! Thanks again.
In Vietnam, people pay in Vietnamese Dong money (VND) and all of my money is VND. Do you think BitPay works with VND? I'm asking because you specifically mentioned how BitPay works with banks, with VISA cards, in USD.... not VND....
All you need to know is if the place where you going to buy something accepts VISA. If so, then this one will work. The VISA "Company" converts the USD dollars on the card to any other currency that VISA is working with. For that, the bank that is backing the USD behind your VISA card is asking a 3% commission on the conversion of the USD to X currency. That was my 0.07 USD transaction fee above.