RATE Group | MinexPay’s New Card Launch Promises a Practical Use for Cryptocurrency
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MinexPay’s New Card Launch Promises a Practical Use for Cryptocurrency

31 Oct MinexPay’s New Card Launch Promises a Practical Use for Cryptocurrency

Posted at 08:42h in Cryptocurrency News by

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HONG KONG, October 31, 2018 /PRNewswire/ —

In recent years, the rise of the crypto card has made considerable steps towards the legitimization of cryptocurrency. They work like a regular debit card, except that the funds are withdrawn from crypto funds rather than a bank account.

Chain2Pay, a subsidiary of the blockchain company MinexSystems, will soon launch new cards for MinexPay, the company’s effort to find a practical use for cryptocurrency.

These cards offer a way to stay protected from fiat inflation in places with their own volatile currency. Options like MinexPay’s crypto debit card allow users to spend a stable cryptocurrency without changing anything about their daily life. It’s the equivalent of moving from one bank to another. Boris Shulyev, Minexsystems CEO, says that, “With MinexPay, payments can indeed be made anywhere in the world Visa or Mastercard cards are accepted, as they work the…

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