Bitcoin virtual credit card: how to create it
Holytransaction Trade is a new service to create a bitcoin virtual credit card offered by the HolyTransaction wallet.
Holytransaction.trade to create a bitcoin virtual credit card
You would think that Holytransaction.trade is a service that can be found anywhere on the web to sell and buy bitcoins.
This is not true, because HolyTransaction.Trade allows you to do much more, such as creating a bitcoin virtual credit card, convert bitcoin into fiat currencies and pick them up in an HalCash ATM, etc.
If you have some digital currencies you can create a bitcoin virtual credit card to buy everything you want online.
So, HolyTransaction Trade is not only a platform where you can convert bitcoin into dollars or euro, but also vice versa: in Mexico, Greece and Spain you can convert fiat into bitcoins via PayNet, EasyPay and Teleingreso.
Also, among the options you can create a bitcoin virtual credit card.
This service is available and works in less than 10 minutes and it is also available on Google Play.
Please note that when you create a virtual credit card the 2% from the total value will be withheld as fees.
To use this service you must be either registered on Entropay.com or register after completing the process.
So if you need liquidity, you may want to transfer your bitcoin into a virtual credit card.
Follow these steps to understand how to create your bitcoin virtual credit card with HolyTransaction.Trade.
- In the first column on the right you need to select “Bitcoin” as an input and “Virtual Bank Card” on the left as the “output”. Then click on “Continue”.
- Select the amount and your email address to receive the virtual card’s information.
- In the following page, you’ll find an address on the bottom right, below the “Pay To”.
- Send your the exact amount you selected before to that address, so enter on your favorite wallet and do a transaction with that address as a recipient. You can transfer max 250 euro for each email address.
- Create or login to your account on EntroPay. You’ll receive all the info you need via email.
- Once the transaction is validated and written on the blockchain, within the next ten minutes the amount you selected will be sent to the beneficiary bitcoin virtual credit card.
- Operation Completed!
This is just one of the services available on the HolyTransaction.Trade platform to convert and send bitcoin worldwide.
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How to convert bitcoin into euro in a few steps
How does funding for Holytransactions work?
HolyTransaction is a multi-currency wallet that allows you to store, send, receive, and exchange numerous cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. To utilize HolyTransaction, you must first fund your wallet with the cryptocurrency of your choice.
You may fund your HolyTransaction wallet in two ways:
Depositing cryptocurrency: You can deposit cryptocurrency into your HolyTransaction wallet by sending it from another wallet or exchange. To do so, go to your HolyTransaction account’s “Wallet” section and select the cryptocurrency you want to deposit. Finally, select “Deposit” to obtain the wallet address for the desired coin. Copy this address and use it to transfer funds from another wallet or exchange to your HolyTransaction wallet.
Bank Transfer: To do so, go to your HolyTransaction account’s “Deposit” section and select the currency you want to deposit. Finally, select “Bank Transfer” and follow the on-screen instructions to complete the transfer. You must give personal information such as your name, address, and bank account information.
How to convert Bitcoin into Euro using HolyTransaction:
- Go to the HolyTransaction website at https://holytransaction.com/ and log in to your account. If you don’t have an account, you can sign up for one by clicking on the “Sign up” button on the top right corner of the website and filling in the required details.
- Once you’re logged in, click on the “Wallet” button on the top left corner of the website. This will take you to your wallet page where you can see your Bitcoin balance.
- Click on the “Send” button next to your Bitcoin balance. This will take you to the “Send Bitcoin” page.
- In the “Send Bitcoin” page, enter the amount of Bitcoin you want to convert into Euro in the “Amount” field. You can also select the currency you want to convert your Bitcoin into by clicking on the “Currency” dropdown menu and selecting Euro.
- Next, enter the recipient’s wallet address in the “To” field. If you’re not sure about the recipient’s wallet address, you can click on the “Address Book” button to select an address from your saved addresses.
- Review the transaction details to make sure everything is correct, including the amount, recipient’s address, and currency conversion rate.
- Once you’re ready to complete the transaction, click on the “Send” button. HolyTransaction will deduct the Bitcoin from your wallet and convert it into Euro at the current exchange rate.
- Your Euro balance will now be visible in your HolyTransaction wallet. You can use this balance to send Euro to other wallets or withdraw it to your bank account.
That’s it! You’ve successfully converted your Bitcoin into Euro using HolyTransaction.
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US Federal Reserve studies Blockchain
The US Federal Reserve studies Blockchain as “this may represent the most significant development in many years in payments, clearing, and settlement.”
According to governor Lael Brainard, in fact, this technology could be very disruptive for the financial system.
During her speech at the Institute of International Finance in Washington, D.C., she explained that the Federal Reserve studies Blockchain to study and test the technology for a next-generation payment and settlement system.
“We are paying close attention to distributed ledger technology, or blockchain, recognizing this may represent the most significant development in many years in payments, clearing, and settlement.”
Brainard’s speech came a week after Janet Yellen commented that the distributed ledger could have a “significant impact” on the fintech industry. Also, she explained that the central bank is “trying to understand digital currencies and other blockchain applications”.
During her speech, Brainard commented on the various use cases of the blockchain in financial field, as well as talked about the potential risks.
“Like many new financial technologies, distributed ledgers could ameliorate or exacerbate traditional financial risks,” she explained.
Federal Reserve studies blockchain: a whitepaper will be published soon
Also, Brainard said that the Federal Reserve will publish a whitepaper on the blockchain by the end of this year.
Furthermore, the central bank will continue to study and discuss the tech with both private and public sector stakeholders.
To read more about Federal Reserve involvment in the fintech field, click here.
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Twitter, Bitstamp, European Parliament: Monthly Recap about Bitcoin
6 amazing pictures about Bitcoin
15 oddest places where Bitcoin is accepted
That’s why $400 Bitcoin price is low
Blockchain is the perfect technology according to the European Parliament
During the last week, a European parliament member gave a speech about consumer protection for the latest campaign that aims at realizing new rules related to the blockchain.
How Twitter can teach you everything you need to know about Bitcoin
Twitter is one of the most popular social networks in the world and there are over 307 million people that actively use Twitter.
Click on the title to read the full list of influencers you may need to follow on Twitter to deeply understand bitcoin and the blockchain.
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HolyTransaction’s Bitcoin Monthly Roundup of January 2016
Thank you for reading our newsletter with the previous month’s best Bitcoin articles!
We tweet more cryptocurrency news and insights daily @HolyTransaction
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Microsoft to Sponsor the Ethereum DΞVCON1 Conference
“DΞVCON1 is very excited to work with Microsoft and we look forward to having them in London.”Microsoft’s head of US Technology Financial Services, Marley Gray, explained more specifically why Microsoft had taken an interest in this international and decentralized technology event:“Microsoft is excited to sponsor and attend Ethereum’s DevCon1. We find the Ethereum blockchain incredibly powerful and look forward to collaborating within the Ethereum Community. We see a future where the combination of Microsoft Azure and Ethereum can enable new innovative platforms like Blockchain-as-a-Service. This will serve as an inflection point to bring blockchain technology to enterprise clientele”.
Ethereum DevCon1 Is Bringing Interesting Companies and People Together… For a Better FutureAlready, it has been confirmed that not only will Microsoft be in attendance, but so will Nick Szabo. That is actually no surprise given that Szabo coined the term “smart contract” many many years ago and has become increasingly vocal on the internet as his pet idea has started to come to fruition. Smart contracts are a large part of Ethereum’s mainstream appeal, though the concept is still in the process of gaining momentum. The future prospects of robots and computers replacing humans for certain types of jobs has always been on the fringe of human imagination. The more you think about smart contracts, the more you realize that such a futuristic world couldn’t exist in a stable state without something like smart contracts. As panelists at the Money20/20 conference stated:
“Cryptocurrency is the most natural way for machines to pay machines.”
Bitcoin-inspired blockchain technology, of which Ethereum definitely is, has seen a lot of validation lately. Other Bitcoin-inspired blockchain technology like BitShares is also gaining traction, though not in the form of Microsoft sponsorships. Besides the fundraising and actual release of Ethereum’s Frontier alpha and a shaky first few days, the formation of a conference is a milestone that most “altchains” never achieve – not that there was any doubt that Ethereum would make it this far, anyways. After all, even Imogen Heap has even started using Ethereum, why wouldn’t Microsoft be next?
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BitShares 2.0 – Will Users and Banks Be Using Graphene in the Future?
Graphene, the super material that our computer chips might be made of soon, still isn’t very well known. However, with BitShares 2.0 being called Graphene, the word might become a stable part of your lexicon soon. The BitShares 2.0 has been long anticipated by both the BitShares and cryptocurrency communities. Since its announcement earlier this summer, BitShares has started to restructure themselves in preparation for BitShares 2.0. Though they are adding a lot of functionality, the core stake distribution is not changing at all. In testing, they have been able to sustain 3000+ tx per 3sec block, compared to the 7 transactions per second that the Bitcoin network is theoretically limited to. To reach even larger network sizes, Graphene is tapping into the same future expectations that Bitcoin users expect to keep their network viable: Moore’s Law. The pace of technology is such that eventually just one rented VPS will be able to handle all of the world’s financial transactions.BitShares Style Decentralization Is What Banks Need
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Gridcoin Wallet joins HolyTransaction Today!
All HolyTransaction customers can create new address for Gridcoin wallet and use the easy HolyTransaction Web Wallet to send and receive transactions or to instantly convert them to any 9 supported cryptocurrency.
Just like Bitcoin, you can now:
– Send Gridcoin to your GRC wallet address.
– Receive transactions
– Make instant transactions between HT users
– Set OTP for additional protection
We are really excited to be part of a new community!
About Gridcoin:
Gridcoin is a cryptocurrency that rewards individuals for contributing to computational research in math, science and several other areas of study with their home computer, laptop and android devices.
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HolyTransaction partners with RibbitRewards to further Blockchain-based rewards programs
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Bitcoin listed on NYSE – Reminiscing
Look at how far we’ve come.
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