Bitwala accepts Steem

You can use Steem to pay for pretty much anything worldwide – but nobody does!

About 3 weeks ago, we announced that we started to accept Steem for our service at Bitwala. With a little help from our partner @shapeshiftio, it is now possible to pay any bank account in the world or use a debit card funded directly through Steem. In other words: Bitwala offers the first and only Debit card that’s funded with Steem!

… but nobody is using it!

While our announcement resonated well within the Steemit community, we have only seen marginal usage so far. This might well be a chicken-egg-problem, so we decided not to give up on Steemit, but maybe explain a little more in detail how the whole process works.

Steem-funded prepaid card

So here we go. You first need to signup at Bitwala and then proceed to order a Debit card:

After you have received and activated your card, using Steem to top it up is pretty straightforward. Simply click on top up, choose an amount and send us some Steem:

And you’re done. You can now use your debit card wherever Visa cards are accepted.