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30
November2017
LBX Dragoncard cards for cashing and spending bitcoins offline

The UK startup London Block Exchange (LBX) has recently issued Dragoncard Visa bank cards, which allow users to spend cryptocurrencies in land-based stores and cash funds in pounds.

The tool is designed to convert bitcoin, ethereum, litecoin, ripple and other popular digital currencies to pound sterling (GBP) at the current exchange rate. The card can be used in the UK.

The development is based on the Visa payment system. Dragoncard is connected to digital wallets with a special mobile application for user-friendly managing finances.

When converting cryptocurrency or buying goods, LBX charges 0.5% of the transaction from customers. Before using the card, you must also pay £20 for servicing.

 

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