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Changing everyday transactions with a crypto card

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The 1inch card aims to bridge conventional finance with crypto, offering a safe, flexible method for handling both crypto and fiat currencies.

Crypto cards have surfaced as a bridge connecting cryptocurrency spending and daily life in the evolving landscape of finance. They provide a practical answer to a persistent query—how can cryptocurrency holders utilize their digital assets for everyday tasks, like purchasing groceries or paying for coffee?

The mechanics of these cards, although straightforward, signify a notable technological leap. Unlike traditional cards, crypto cards don’t necessitate the pre-conversion of cryptocurrency into fiat currency; instead, the transformation happens at the point of sale. When a user conducts a purchase, the card issuer obtains a request for payment in fiat currency from the merchant.

Then, the required amount of cryptocurrency is instantly converted into the merchant’s currency at the current exchange rate. Thus, the converted fiat currency is transmitted to the payment processing network (such as Visa or Mastercard), which finalizes the transaction by transferring the funds to the merchant. The procedure is seamless from the user’s perspective—they merely swipe their card, and the intricate conversion occurs behind the scenes. 

Expanding utility: beyond point-of-sale transactions

The utility of crypto cards stretches beyond point-of-sale transactions; they can be utilized for online shopping, integrated with mobile payment systems, and even allow for cash withdrawals at ATMs, greatly broadening the practical use cases for cryptocurrencies and making them as simple to spend as traditional currency. 

However, this innovation is not without obstacles. The unpredictable nature of cryptocurrency markets means that the worth of a user’s holdings can fluctuate dramatically, potentially affecting their purchasing power. There are also regulatory challenges to navigate as financial authorities grapple with how to oversee these new financial instruments.

Thus, privacy and security are primary selling points for crypto cards; they inherit the robust security features typical for cryptocurrency transactions, potentially providing enhanced protection against fraud compared to traditional cards.

Hence, as crypto cards multiply, they represent a significant step towards mainstream acceptance of cryptocurrency. By offering a familiar and convenient method to spend digital holdings, these cards are making the realm of crypto more accessible and practical for everyday use.

Whether crypto cards will become as widespread as traditional debit and credit cards remains to be seen. Their success will hinge on factors such as regulatory acceptance, market stability, and consumer adoption. Nonetheless, they stand as a testament to the ongoing integration of digital currencies into the fabric of everyday financial life—bridging the gap between the crypto enthusiast’s digital wallet and the corner store cash register.

The benefits of using a crypto card over a traditional card

Utilizing a crypto card offers unique advantages not available with conventional cards, making them especially appealing to those engaged in the cryptocurrency space. 

Direct use of cryptocurrency

  • Effortless transactions: Users can spend their cryptocurrencies directly for everyday purchases, bypassing the need for manual fiat conversion.
  • Instant conversion: Enjoy the convenience of real-time cryptocurrency to fiat conversion at competitive rates—ensuring users’ spending power is maximized.

Global use without exchange fees

  • Universal acceptance: Cards can be used globally without worrying about currency barriers.
  • No foreign charges: Avoid the hefty fees typically associated with using traditional bank cards abroad.

Flexible funding options

  • Versatile top-ups: Top up the card with cryptocurrencies or fiat, providing flexibility in spending.

Unveil the potential of the 1inch card

Users looking for a flexible and easy-to-use choice can explore the 1inch card. This unique solution connects conventional finance with the crypto realm. It provides a safe and convenient method to handle crypto and fiat currencies. Available as a virtual or physical card with a number, expiration date, and CVC, it allows using crypto for goods and services.

Here are some of the benefits of the cards:

  • There are no strict spending restrictions.
  • Effortlessly convert your cryptocurrency into fiat currency for online and in-store purchases wherever Mastercard is accepted.
  • Quick and secure converse your 1inch wallet crypto into the 1inch card fiat balance at competitive rates.
  • Easily pay with crypto for everyday essentials at all offline stores supporting Apple Pay or Google Pay.
  • Visit the nearest ATM to withdraw cash at reasonable fees.
  • Earn cashback.
  • Leverage 0% interest rate –  when borrowing against your crypto up to 10% LTV.

How to acquire the 1inch card

Request the card

Prior to ordering their virtual 1inch Card, interested users must complete KYC/account validation and be residents of one of the supported countries for card issuance. Complete the application form with the required information and pass it through Veriff, an identity authentication software utilized to verify their identity.

Load account

Once the application is approved, adhere to the instructions to load the account or connect a crypto wallet to the card. Following these steps will allow users to use their crypto credit card for everyday purchases, online shopping, and cash withdrawals at ATMs, just like a conventional bank card.

Conclusion

Navigating the digital finance environment and possessing a reliable crypto card are vital for anyone keen to use cryptocurrency for everyday transactions or manage assets effectively. A crypto card can provide a seamless blend of security, convenience, and versatility.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind

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A $0.0013 cryptocurrency is gaining investor buzz, poised to surpass Cardano and Shiba Inu with its market potential.

A new cryptocurrency valued at only $0.0013 is drawing remarkable attention from investors. This low-cost token is generating buzz for its potential to surpass well-known players like Cardano and Shiba Inu. The excitement surrounding its rapid rise is fueling speculation about its future impact on the market.

DOGEN soars through stage 9 presale, positioned for explosive growth on Solana

DOGEN continues to make waves, advancing to Stage 9 of its presale with tokens now priced at $0.0013. For investors seeking high-growth opportunities, DOGEN’s projected 500% pre-launch surge highlights its strong potential for substantial returns.

Why DOGEN stands out

DOGEN has built a vibrant community of forward-thinking investors, offering exclusive perks to reward early supporters and drive long-term value:

  • Airdrop Rewards: Token bonuses tailored for early adopters.
  • Referral Incentives: Rewards for expanding DOGEN’s network.
  • Multi-Level Referral Structure: Earn up to 20% from network purchases.
  • Staking Income: Generate passive returns through staking.
  • Exclusive Campaigns: Access special events and initiatives for community members.
Investors bet on this $0.0013 token destined to leave Cardano and Shiba Inu behind - 1

A vision beyond meme coins

DOGEN’s roadmap signals a shift from meme status to a functional asset, with the upcoming DogeTap app exemplifying this movement. Prioritizing transparency and regular audits, DOGEN differentiates itself in the volatile crypto market, establishing itself as a credible and resilient option within the Solana ecosystem.

With its strong growth trajectory, innovative features, and mounting investor interest, DOGEN is poised to capitalize on the momentum of both the meme coin market and Solana’s robust framework. Early investors have a unique opportunity to ride this promising wave.

Cardano: A scalable and sustainable blockchain platform

Cardano is a blockchain platform built for smart contracts, enabling decentralized finance apps, crypto tokens, and games. Its native cryptocurrency, ADA, lets users store value, make payments, and stake on the network. Cardano stands out for its energy-efficient proof-of-stake mechanism, Ouroboros, which is more sustainable than traditional proof-of-work models. 

The blockchain is divided into two layers: the Settlement Layer for transactions and the Computing Layer for smart contracts. This design enhances its transaction processing capability, potentially up to a million transactions per second. With its focus on scalability and sustainability, ADA shows strong potential. In the current market cycle, the coin appears attractive due to its innovative technology.

Shiba Inu: The Ethereum-based meme coin driving innovation

Launched in August 2020 by the pseudonymous developer Ryoshi, Shiba Inu (SHIB) has quickly grown into a standout meme coin on the Ethereum blockchain. Inspired by Dogecoin, SHIB leverages Ethereum’s ecosystem for enhanced functionality and scalability. With an initial supply of 1 quadrillion tokens, half were famously sent to Ethereum co-founder Vitalik Buterin, who donated a large portion to the India Covid Crypto Relief Fund and burned 40% of the supply, significantly reducing its circulation.

Unlike its predecessor Dogecoin, SHIB is building a robust utility-focused ecosystem. Key developments include ShibaSwap, a decentralized exchange, and plans for an NFT platform and governance framework, highlighting its ambition to go beyond meme status. SHIB’s Ethereum integration positions it as a versatile asset with potential applications in decentralized finance (DeFi) and other blockchain-based innovations.

Conclusion

With the bull run of 2024 underway, DOGEN stands out as a token designed for those seeking luxury and success. While ADA and SHIB show less short-term potential, DOGEN aims for significant growth, following in the footsteps of successful tokens like BONK and Popcat. It builds a community of market leaders and offers real benefits, including exclusive perks for early adopters.

For more information, visit the official DOGEN website and join the community on X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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XRP’s $5, $10 goals are trending, but this altcoin with 7,400% potential takes the spotlight

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XRP targets big gains, but a new altcoin with 7,400% potential is poised to outshine, capturing market attention.

XRP has been making headlines with ambitious price targets, capturing the interest of crypto enthusiasts. Yet, an emerging altcoin boasting an astounding potential return of 7,400% is poised to steal the limelight. Could this under-the-radar cryptocurrency become the next major player, overshadowing XRP’s goals and seizing the market’s attention?

Move over XRP: XYZ targets 7,400% gains to steal the spotlight

In a crypto market rife with contenders, XYZ stands apart. Its presale has already demonstrated its potential, with the token’s price leaping from $0.0001 at launch to $0.001 in just a few months — a staggering 1,000% surge. Now priced at $0.001333 in its current presale stage, XYZ is set to rise again to $0.002 in the next stage, climbing toward a projected $0.1 at launch.

This trajectory marks a remarkable 7,400% potential increase, making XYZ a serious contender for the top spot in this altcoin season.

Why XYZ could overshadow XRP

More than just another token, XYZ embodies the spirit of sportsmanship and competition. As part of the XYZVerse ecosystem, it combines meme coin hype with the booming demand for sports-themed dApps, prediction markets, and sports betting. Its robust roadmap and high utility position it as a long-term player, not a flash-in-the-pan trend.

While XRP garners attention with price speculation, XYZ delivers tangible progress:

  • Presale Momentum: With rapid stage progress, XYZ has already shown its ability to attract a loyal following.
  • First-Mover Advantage: As the first all-sports meme coin, it taps into a massive, underserved market.
  • Rock-Solid Foundations: Audited smart contracts, a vetted team, and plans for major CEX/DEX listings ensure a secure and credible investment.

XRP’s $5 and $10 targets may turn heads, but XYZ offers something truly extraordinary — a chance to secure exponential returns while riding the wave of an altcoin movement. With its presale stages flying by and the final target of $0.1 in sight, XYZ is a rare opportunity for those who act fast.

Don’t wait for XRP’s next move; seize the chance to invest in a token with real growth potential and a unique edge. XYZ is more than a meme coin; it’s a movement set to reshape the altcoin landscape.

XRP

Over the past six months, XRP has shown significant growth, with its price increasing by over 360%. In the last month, the price surged by approximately 105%, indicating strong upward momentum. However, the past week saw a slight dip of about 3%.

Currently trading between $2.03 and $2.73, XRP is approaching its resistance level at $3.02. A break above this could propel it toward the next resistance at $3.73, representing a significant gain. On the downside, support levels at $1.61 and $0.9041 provide a safety net against declines.

Technical indicators present mixed signals. The 10-day Simple Moving Average is $2.28, just below the 100-day SMA of $2.44, suggesting short-term bearishness. The Relative Strength Index is around 43, indicating the asset is neither overbought nor oversold. The MACD level is slightly negative at -0.0252, hinting at potential consolidation. Overall, XRP’s robust performance suggests potential for further growth, especially if it can surpass key resistance levels.

Conclusion

While XRP’s ambitious goals are impressive, XYZVerse’s 20,000% growth potential and unique sports-meme blend might steal the spotlight in the 2024 bull run.

For more information, visit the XYZVerse website and follow the project on X and Telegram for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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The introduction of Hydra could see Cardano surpass Ethereum with 100,000 TPS

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Cardano’s Hydra boosts ADA past $1, positioning it as a scalable dApp hub and a potential challenger to Ethereum’s dominance.

Cardano‘s Hydra is the latest scaling solution in Cardano’s ecosystem, and it has seen ADA’s price surge past $1. While ADA’s current rate represents a 65% dip from its peak, ADA holders are 90% bullish.

Compared to Ethereum’s price, ADA is much cheaper, and the developments taking place in its ecosystem could potentially threaten Ethereum’s dominance. Cardano’s Hydra, for instance, can improve Cardano’s scalability, making it a go-to ecosystem for dApp development.

Given Ethereum’s struggles to scale its network, including its move from a PoW to a PoS protocol, Cardano’s Hydra can soon help developers build speedy dApps with high rates of mass adoption.

Cardano’s Hydra on track to elevate ADA to new heights

ADA’s current price at $0.91 is on a bullish trend that has seen ADA surge over 50% in the last 60 days. After ADA’s price languished around the $0.35 zone for months, whale activity is now rising in Cardano’s ecosystem, which has seen market watchers anticipate an additional uptick to $2 in the short term.

According to reports, an influx of over 680 transactions exceeding $1 million was registered on Cardano’s ADA as confidence in ADA’s bull run grew. Cardano’s founder has also confirmed that ADA is primed for higher highs in 2025, especially with the launch of Cardano’s Hydra.

Cardano’s Hydra is set to give developers a unique scaling tool that makes transactions on Cardano cheaper, faster, and more secure. With Ethereum as Cardano’s biggest competition, Cardano Hydra might trigger a migration of developers to Cardano in the near future.

Ethereum’s price drops to below $3,400 amid scalability concerns

Ethereum‘s price has remained sluggish in responding to the bull market even though its recent uptick past $4,000. After surging to a striking distance of $5,000 in 2021, Ethereum’s price plummeted to lows of $1,000 but has recovered amid critical resistance at the $4,000 mark.

Now, Ethereum’s price has been rejected above the $4,000 mark three times, and market watchers are less optimistic that the leading DeFi ecosystem could surge further to $5,000 – $6,00 during this bull run. Some of the obstacles that have hindered a rally on Ethereum’s price include Ethereum’s bloated network, which has registered skyrocketing network fees at peak congestion.

With the advent of scalability solutions such as Cardano’s ADA, Ethereum’s price could experience further sluggish growth. What’s more, mass adoption by institutions will require a lot more liquidity to move Ethereum’s price.

Discover the future of cross-border payments with Remittix

Ethereum’s potential is fast declining this cycle and investors are looking at alternatives. However, competition from the likes of Cardano’s Hydra is concerning for ETH Holders. However, many ETH holders are switching to a new project leading a new ‘PayFi’ movement. For crypto enthusiasts who want to make swift crypto-to-fiat money payments across the globe, Remittix (RTX)  is the latest solution that promises to empower businesses and crypto holders worldwide.

Remittix is fast and reliable with a simple design that allows anyone to send crypto to a recipient’s bank account without the recipient ever knowing that the payment started with crypto. The Remittix Pay API also allows businesses to accept crypto payments with a simple merchant account. Remittix is built on Ethereum, and its RTX token is now in its presale. Analysts are predicting this to become a 100x star in 2025. 

To learn more about Remittix, visit the Remittix presale and join the Remittix community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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