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EOSIO
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How to buy EOSIO with Debit Card
Why investors buy EOSIO with Debit Card
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Is EOS a good investment?
A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:
- The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
- It is safe to use against fraud.
- Debit cards do not have an annual fee.
Who can buy EOSIO with Debit Card
Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.
What is EOS ?
EOS is the name of the official tokens of the EOSIO blockchain. Like any other cryptocurrencies, EOS coins are supported by different companies, which makes them usable online to purchase different products. These coins are mainly used to create decentralized apps (dApps) and smart contracts. EOS owners can also use their coins to participate in actions such as voting. Furthermore, EOS tokens have been pre-mined, which means there is an exact number of these tokens out there. Out of 1 billion pre-mined tokens, over 950 million EOS tokens are in circulation. These numbers can show the popularity of this coin on the market. It also can indicate how people are using EOS for different reasons.
How to buy EOS with Debit Card instantly?
The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.
Where can I buy EOS online with a Debit Card?
In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away.
Is EOS Reliable?
One of the most important things about buying cryptocurrency is its security. Crypto networks use different types of mechanisms to protect their systems from attacks. EOS uses Delegated Proof of Stake (DPoS) mechanism to verify transactions and enhance its security. The DPoS mechanism also improves the speed and scalability of this network. It makes transactions on the EOSIO network safe and secure. However, if you want your coins to be protected from hacks, you should have a wallet with a high-security level. Especially, if you want to keep your coins for a long time, it’s recommended to use a hardware EOS wallet because it’s more secure than software wallets.
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FAQ
Frequently asked questions
That depends on the reason you are buying EOS. If you want to keep it as an investment, check top analysts’ and crypto experts’ predictions of EOS. If you want to use it as a digital asset, check what projects and brands accept this coin.
In a nutshell, we could name these advantages of Debit Card: No debt, No application or minimum credit score needed, Less fees, Identity theft protection, Fast withdraw verification
Supporting smart contracts and enabling voting are two features that will be useful in the future. Therefore, even if you don’t think about an investment, EOS coins can be utilizable in the future.
Debit cards generally have no additional fees. But note, if you make a transfer from a terminal whose issuing bank is not your debit card bank, some transaction fees may be deducted from your card account. Or if you withdraw or spend an amount from this card that exceeds its balance, you will also have to pay a fee. But there are zero exchange fees for your crypto-trading through our exchange.
The EOS blockchain was founded by a company called Block.one. The founders of this company are Dan Larimer and Brendan Blumer, both are notable names in the blockchain world because they have designed the first decentralized cryptocurrency exchange. Dan Larimer also was the mind behind creating the Proof-of-Stake (PoS) concept, which makes transactions faster and more secure.
The bank may agree to the transaction in accordance with the conditions of your account or the policies of your debit card network, but it may also charge an overdraft fee for that transaction and any subsequent ones, up until you make a sufficient deposit.