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The anonymous bitcoin card is for those who would like to make use of their bitcoins anonymously. In addition to using the funds for illegal activities There are legitimate cases whereby users would like to conceal their personal details. This is often the case when money needs to be separated and kept from creditors, spouses or to safeguard your privacy.

Making the purchase

Anonymous bitcoin debit cards are available in both plastic and virtual cards. The one-time fee for a plastic card ranges between 5 and 20 USD The virtual card is much cheaper or , in certain cases, at no cost. There is also a monthly account maintenance cost to maintain the account associated with the card. Standard shipping will allow you to receive the card within 2-3 weeks worldwide, but for an additional cost, you can get your plastic card much more quickly.

When you sign up, most companies ask for personal data in order in order to verify the identities of their customers. Personal data includes your name, date of birth as well as your address. The identity verification process is built on proof of identification by means of an image ID as well as a evidence of residency. This process can take from a couple hours to a couple of days. If you're not interested in having to be a part of the verification process then the Anonymous bitcoin debit card is a suitable option.

Using the card

The anonymous bitcoin cards come from VISA or Mastercard, therefore they are accepted at all stores worldwide as well as at online shops. But it is important to be aware that some merchants might not accept an anonymous bitcoin card. This is the situation for ATMs around the world, too. However, most shops and online shops are equally adept in accepting the bitcoin card, no matter if it's anonymous or verified.

The cards can be funded with several methods, when the person wants to remain anonymous, obviously bitcoin is the currency of choice. There are some limitations that apply for bitcoins that are anonymous. The limits are lower for unauthentic accounts as than for verified users. The limits vary between 500 and 2000 dollars. The purchases made daily as well as ATM withdrawals could be restricted for those who would like to make use of their bitcoin card completely anonymously.

The charges range between 0.5 percent to 1.5 percent per transaction. There is also an additional rate for translating currencies for those transactions which are executed in a foreign currency as opposed to the default currency of the card.

Pros and Cons

Anonymous Bitcoin cards are designed for people who wanted to use their money without disclosing their identity. They can be issued without the need to verify your identity. The only requirement is that a name be provided that is displayed upon the card. The charges and fees are comparable to the cards which are held by authentic users.

It is important to note that anonymous cards can only be used to access a small limit of dollars. For those who use anonymous cards, the amount of money available will always be lower than verified accounts. This is usually amounted in 500 to 2000 USD each.