Bitcoin Banking: How BlockCard Provides a Full-Service Crypto Banking Experience
Discover the features and benefits of Blockcard’s full-service bitcoin banking platform that allows you to integrate cryptocurrency into your everyday banking transactions.
BlockCard: How to Get Started
Blockchain enthusiasts have long awaited the arrival of a bitcoin banking service that can make cryptocurrency transactions commonplace in everyday life.
With the help of BlockCard, users will not only be able to deposit digital assets into their account and spend them at will across hundreds of different merchants, but they also have access to additional features such as the BlockCard App, digital bank accounts, and rewards programs.
Signing up for a BlockCard account is simple and only takes a matter of minutes. Once the account has been set up, users can deposit funds in one of three ways:
- Transfer Cryptocurrency
- Choose from over twelve digital currencies to deposit into your account. Simply send funds from your personal wallet or exchange to the BlockCard account address provided.
- Direct Deposit
- You can seamlessly transfer funds using ACH from your legacy bank account to your BlockCard Checking Account.
- The Direct Deposit feature is not yet available but will be very soon.
- Retail
- Visit a BlockCard partner such as Walmart or 7-11
- Cashier
- If you are visiting a cashier, simply swipe your card and hand your money to the cashier.
- Self-service Kiosk
- If you are visiting a self-serve kiosk, simply swipe your card and insert your money.
Once funds have arrived in your account, you will have the full power of BlockCard’s crypto banking services at your fingertips!
The Card
The BlockCard VISA Debit Card is the focal point of the entire BlockCard ecosystem. It allows digital currency to finally take part in the real-world economy. Owners of the crypto debit card will enjoy numerous benefits such as no transaction, exchange, or deposit fees, options regarding the type of card they prefer, and global acceptance.
|
Wallet |
Virtual Card |
Plastic Card |
Metal Card |
|
Daily Spending Limit — |
Daily Spending Limit $5,000 |
Daily Spending Limit $5,000 |
Daily Spending Limit $5,000 |
|
Daily ATM Withdrawal — |
Daily ATM Withdrawal N/A |
Daily ATM Withdrawal $500 |
Daily ATM Withdrawal $500 |
|
24/7 Customer Service No |
24/7 Customer Service Yes |
24/7 Customer Service Yes |
24/7 Customer Service Yes |
|
Fees No Fees |
Fees |
Fees |
Fees |
|
Replacement Protection No |
Replacement Protection No |
Replacement Protection No |
Replacement Protection COMING SOON |
Understanding that each customer has different needs, BlockCard offers multiple versions of its crypto debit card. They range from a virtual card for online commerce to a fully metallic card that can be used anywhere VISA is accepted. After choosing the right card for you, it’s time to set up the BlockCard App!
The App
BlockCard knew that customers prefer to manage their finances from a single platform. Thus, the BlockCard Online Dashboard and App were created to fulfill that need.
Check Your Balance
The dashboard provides real-time insights into your account balance and spending power in USD. As you make deposits, withdrawals, and transactions, the dashboard will update instantly to ensure accurate information.
Deposit and Manage
Unlike many other banking service apps, BlockCard allows customers to deposit funds directly from their mobile devices. You can choose from the multitude of digital assets available and even save specific addresses for faster transactions.
Refer Friends
Earn bonus TERN (BlockCard’s default spendable digital asset) by referring friends to join BlockCard. It’s one of the easiest ways to earn rewards throughout the BlockCard ecosystem.
Send Money
Use your virtual debit card to make purchases, withdraw TERN to a wallet or an exchange, and transfer funds directly to other users — your account dashboard gives you complete control.
BlockCard Bank Accounts
BlockCard is committed to providing anyone in the world with access to its banking services. To keep that promise, BlockCard offers a globally supported bank account that is entirely free to register.
The modern and intuitive user interface handles everything from tracking your spending, purchasing and selling cryptocurrencies, and transferring money between friends. In addition, there are no minimum balance requirements.
BlockCard’s key features include:
- Transfer Funds: Globally deposit or withdraw using ACH & Wire Transfer
- Buy and Sell: Seamlessly buy or sell cryptocurrency assets directly from your BlockCard bank account. Purchases are self-custodial, settled to your personal wallet.
- Frictionless Spending: Spending digital assets has never been easier. Simply pair your BlockCard bank account with your BlockCard debit card for instant spending ability.
BlockCard bank accounts connect fiat and crypto in ways that did not seem possible just a few years ago. In essence, the crypto banking platform bridges the gap between traditional finance and digital assets, intertwining the two for customers to experience the benefits of both worlds.
BlockCard Rewards
Finally, BlockCard also has a crypto rewards program that allows BlockCard Visa Debit Card holders to stake TERN to receive rewards.
BlockCard partnered with Ternio to help make their crypto rewards card dream a reality. Ternio’s digital currency, TERN, functions as the default spendable asset if you’ve opened a BlockCard account. TERN is also the only crypto vehicle from which to earn staking rewards. TERN Staking is the process of holding funds in a cryptocurrency wallet to gain access to rewards features on BlockCard, based on the amount of TERN you stake.
The image above illustrates the number of TERN necessary to stake for the desired return. As you spend more on your BlockCard, the more TERN you’re rewarded.
To enjoy a full-service crypto banking experience, sign up for a BlockCard account today.
