Crypto Debit and Credits Cards

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  • April 6, 2023 at 11:57 pm #3537
    berniesaccount
    Participant

    The ledger hard-wallet allows you to buy or sell cryptos without using an exchange. Question Mark, again, how do we use or transfer fieat cash in Ledger hard-wallet to a savings bank or through use of a debit or credit card. Please reply to this
    lingering question. In other words, once the crypto has been sold for firat cash (US$) how can you use it in the “real” world?????

    April 12, 2023 at 1:06 pm #3540
    tccadmin
    Keymaster

    If you sell crypto for fiat on a hardware wallet, it won’t be cash, it’ll be a stablecoin, like USDC, USDT or DAI.

    If you want to spend that “cash” you’ll still have to enter the legacy banking system to do it.

    (Unless you transact with somebody who is willing to accept the stablecoin, that is becoming more commonplace now, especially in Africa, Asia, etc).

    • This reply was modified 1 year ago by tccadmin.
    August 22, 2023 at 9:51 pm #3663
    Kevin Rowan
    Participant

    It would appear that the most stable platform to do this currently would be a centralized exchange such as Coinbase…no?

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