First Bitcoin Debit Card Introduced By Xapo

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First Bitcoin Debit Card Introduced By Xapo
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Underground bitcoin vaults maker, Xapo, introduced the first bitcoin debit card on Thursday as part of its initiative to bring the virtual currency to more consumers.

Works like a traditional debit or credit card

Wences Casares, founder and CEO of Xapo said the Xapo Debit Card works like a traditional debit card and it will allow users to spend their bitcoins at any online or offline retailers accepting debit or credit cards. According to him, merchants will receive funds in their local currency.

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