Instant Transactions with a Crypto Credit Card! - Interview with Block Card CEO - Daniel Gouldman
Instant transactions with a cryptocurrency credit card!
Start spending crypto in minutes! Signup, deposit crypto, and make purchases anywhere VISA is accepted.
One of the criticisms of cryptocurrency is that it does not have ease of use for practical every day purchases, like getting coffee, buying a pair of shoes, or catching the bus.
Transfering Ethereum value into my US bank account from my crypto wallet costs me multiple fees, several days, and a huge hassle and headache at the base of it all. This lack of ease of use is one of the reasons crypto has not had the widespread adoption one might expect in the highly technical age of today.
With Block Card, however, the gap in adoption is swiftly closing. Ternio Block Card has developed a product that makes it possible for you to instantly transfer your cryptocurrenty to an online account and take the form of spendable cash via a credit card anywhere that accepts VISA.
Wait....so I can just transfer crypto to the card, take it to the store, and...like...BUY stuff with it?
Yes. You can.
What Cryptocurrencies Are Currently Supported?
Currently, Ternio supports the following cryptocurrencies on their platform, and counting:
- BTC - Bitcoin
- ETH - Ethereum
- LTC - Litecoin
- BCH - Bitcoin Cash
- BAT - Basic Attention Token
- DAI - Dai
- PAX - Paxos Standard
- XLM - Stellar Lumen
- TERN - Ternio
- USDT - Tether
- TUSD - TrueUSD
- USDC - USD Coin
- XRP - Ripple
Where is HIVE on the list?
Ternio has plans to add us soon. Once they see some robust activity from current HIVE users, they'll list us on their platform exchange. This is YUGE. They'll do this for free, we just gotta give them a reason to. So be sure and register for your own Block Card account, and try the product for yourself because you will never go back. No, Ternio is not paying me to promote this product. I just have a page designated so they can keep track of HIVE users as incentive to list us on their exchange.
What This Means for HIVE
- Users will be able to make instant transfers of HBD to their card, and use it at the store immediately.
- HBD will be listed on the Ternio exchange for OTHER Block Card users to see, and use. This will increase our viability in the crypto space.
- The ease-of-use-case from blogging, curating, and investing for crypto will attract a more mainstream user, retain the ones we already have, and significantly aid in the mass adoption of cryptocurrency in the near future.
- No need for a money grubbing bank or expensive wire transfer. You can make instant feeless transfers to other Block Card users anywhere in the world.
But Ternio needs to see we are interested! So please register an account with Block Card and give the product a try! Share this post to invite other hive users to do the same! No, Ternio is not paying me to promote their product. The promo code is so they can keep track of hive users signing up. So just sign up. Don't be an idiot.
Which stores can I take it to?
Any store that supports VISA. Anywhere in the world.
How Does It Work?
- You register for an account and order your credit card
- You do a FEELESS cryptocurrency transfer to your online account
- This is converted into TERNIO, which is pegged to the US dollar to give you stability in value
- You take the credit card for your account to ANY store that accepts VISA
- You buy something with it
- You do the thing you would do if you had bought it. Like...you know....cuz you bought it.
How Does Ternio Make Any Money If It's Feeless?
In order to maintain an active account, users pay a nominal $5 monthly fee. This is less than most spend in a day or a week transacting on other crypto exchanges. It's peanuts, guys. My bank alone charges me a $6 "maintenance" fee just for holding my digital fiat on a nebulous server somewhere in Nebraska.
Where Can I learn More
You can read more about Block Card online at blockcard.com. Please do NOT register through their main domain, or your registration will not count toward our total HIVE users goal. USE THIS LINK HERE TO REGISTER so we can be listed on their exchange
Crypto Queen Show, because you know I love you
We will be meeting Daniel Gouldman, CEO and Founder of TERNIO. I am so excited for this interview, so please meet us in the Discord on Sunday, June 7th at 2pm MST if you'd like to join us! I broadcast from the Hive Discord.