Bitnovo launches Litecoin BitCard.
The Bitnovo company has just launched Litecoin support through its ‘BitCard’, a crypto debit card that allows its users to deposit their litecoins conveniently and instantly receive euros that can be spent at any traditional establishment, without the need for a Bank.
Bitnovo joins in this way a growing list of crypto debit cards for Litecoin; however, unlike others, it is not linked to a wallet in the service where the coins are settled on demand to cover the payments made. In this way, it is more similar to recharging a cell phone balance: the user sells Litecoin coins to Bitnovo and this then credits the greeting on the BitCard. The benefit here (and at the same time the risk) is that there are many less limits in relation to the Know Your Customer (KYC) clause that banks and many exchanges have, and, in addition, the user does not need a bank account to register on the BitCard.
The card can be used in 20,000 European stores, according to the website of the company. At this time you can reload the BitCard with Bitcoin, Dash and Litecoin.
BitCard, of Bitnovo, the Spanish cryptocurrency company, calls itself a wallet card without a bank. In addition, it converts Bitcoin (BTC), Dash (DASH) of a user and now, Litecoin (LTC) recently admitted to Euros.
The method to obtain a new card is extremely simplistic. You do not have to register for anything else except that. Therefore, this alleviates the requirement of interminable records.
In addition, the card can be requested with the user’s preferred payment method. It is guaranteed to be 100% safe, and it also does it without problems.
Bitnovo also offers BitCard in your home, in only 5 business days.
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