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Mumbai, June 08 <\/b>Self-custody exchange Edge has launched Edge Mastercard, that enables crypto holders to spend with digital currencies like Bitcoin, Bitcoin Cash, Dogecoin , Litecoin, and Dash from its App.<\/p>\n
Edge users sell their Bitcoin to the card when adding funds in the app, while merchants receive funds in USD.<\/p>\n
Users register their cards inside the Edge app to start spending, without having to add personal information or pay any fees. The card, powered by Ionia, a fintech and savings platform, connects with mobile pay services Apple Pay, Samsung Pay, or Google Pay.<\/p>\n
In the initial roll-out, the card will enable spending at more than 10 million merchants in the United States and users can spend the equivalent of up to $1,000 per day.<\/p>\n
“Without compromising any personal info, and without the usual fees or delays to top up their card, the Edge Mastercard is a true breakthrough for using crypto for day-to-day payments,” said Paul Puey, co-founder of Edge.<\/p>\n
Bitcoin, BitcoinCash, Dash, Doge and Litecoin users will finally be able to spend their currencies at Mastercard accepting merchants in the US, he added.<\/p>\n
Edge uses official spot exchange rates provided by platforms such as Coinmarketcap, a price-tracking website for digital assets, with no margin taken on exchange rates.<\/p>\n<\/div>\n