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SatoshiTango launches Visa card for bitcoin and cryptocurrency payments

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Satoshi Tango, one of the oldest bitcoin (BTC) and cryptocurrency exchanges in Argentina, will launch a prepaid card on Oct. 28. It will be able to be used to make payments at any merchant that accepts Visa cards.

Payments can be made directly with any of the 14 cryptocurrencies and tokens. offered by SatoshiTango. The platform will make the exchange in Argentine pesos automatically, without the user having to perform the transaction himself. Digital assets offered by the exchange include bitcoin, ether (ETH), litecoin (LTC), dogecoin (DOGE), USD Coin (USDC) and Tether (USDT).

SatoshiTango will provide a cashback between 10% and 50% for every purchase made.. The exchange will provide its users with another virtual Visa card, which can be used only for online purchases.

The card there are no application, activation or maintenance fees. The fee for selling cryptocurrencies in exchange for fiat currency (which is what this paper does) is 1%.

“A crucial step” for SatoshiTango.

Matias Bari, CEO and co-founder of the company, ensures that it is “a fundamental step” for the exchange. “We are working hard and with a team of great professionals to be able to present you with a new tool that will allow our clients to protect their pesos from inflation,” he adds.

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This is not the first prepaid card launched by SatoshiTango. In 2015, a year after the creation of the exchange, they had put into circulation a similar product –the first Argentine company to do so, which was later withdrawn from the market.

There are other bitcoin and cryptocurrency brokers and exchanges in Argentina that offer prepaid cards. Among them are. Belo, Lemon and Buenbit. CryptoNews has published. a report compare these products.

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