Here at Bitwala we continuously strive to push the boundaries. We aim to provide our customers with the best Bitcoin banking experience. With this in mind, we are proud to announce our partnership with our friends at ShapeShift.io, the leading online exchange for blockchain assets.
With ShapeShift.io onboard the Bitwala boat, we now accept all major cryptocurrencies!
We see Bitwala as a bridge between traditional and modern banking that is easy, secure and accessible to anyone who would like to use Bitcoin or Altcoins in their daily finances.
We started our journey with Bitcoin and just like many other Bitcoiners out there, we kept our eyes and ears open on other cryptocurrencies on the market. As time goes by, we witnessed numerous Altcoins with strong market traction.
These cryptocurrencies have proved themselves as strong performers and that they are here to stay. So we decided to take these major cryptocurrencies and take them to the next level with us. – Jörg von Minckwitz, CEO of Bitwala
Bitwala accepts Altcoins
From now on, you can pay bills, make transfers or top up your Bitwala Prepaid Card using these Altcoins below:
BitCrystals, Blackcoin, Clams, Dash, Digibyte, Dogecoin, Emercoin, Ether, Lisk, Litecoin, Monero, Mintcoin, Nubits, Siacoin, Tether, Voxels, Vericoin, Vertcoin and more.
“All leading digital currencies including Ethereum can now be used to fund SEPA transfers. ShapeShift is thrilled to partner with Bitwala to enable this service in Europe.” commented Erik Voorhees, CEO of ShapeShift.io
By accepting major cryptocurrencies on our platform, we are opening new doors in terms of how Altcoins can be truly integrated into everyday activities.
Convenience, in a nutshell
Any major cryptocurrency owner can get their hands on our debit card and top it up in almost every currency. In addition, you can also send money globally to any bank account. Pay your cryptocurrency equivalent of the transfer or payment you would like to make plus a tiny fee of 0.5% and we’ll make the transfer in fiat for you. You will get an e-mail confirmation for your successful transfer. It’s as simple as that. No kidding.
How can I transfer money or pay an invoice using my preferred cryptocurrency?
We’ve got you covered. Check out the steps below to see how you can send money by exchanging your cryptocurrency for Bitcoin with ShapeShift.io. It is straightforward, super simple and won’t take more than a couple of minutes of your time.
Step 1: Sign up at Bitwala
For those who would like to stay anonymous, feel free to check out our QuickPay feature. You can send up to 200 EUR with no account on ShapeShift or Bitwala. Users who would like to send larger amounts would need to have a verified account on Bitwala. Let us show you how:
- Sign up at Bitwala. If you already have an account, simply Log in Bitwala.
- Verify for Level 2 by uploading your identification document and utility bill. [Optional, limit of 2,000 EUR per month]
Step 2: Fill out your payee details
Step 3: Fill out the rest of the required information and click ‘Confirm Details’ to proceed with your transaction
Step 4: Click ‘Pay with Altcoins’ to choose the Altcoin of your choice
Step 5: Scan the QR code and let ShapeShift work its magic
Step 6: You will receive a confirmation once your currency conversion is completed and once your transaction is successful.
That’s about it! Head down to our site and check this feature out for yourself.
Disclaimer: This feature is still in beta mode. If you do come across any errors or problems while trying out this feature, do not panic. Simply contact us and we’ll handle it from there. Your money will not be lost and we will definitely get everything sorted out for you in no time.
For any questions, problems, or any recommendations feel free to reach out to [email protected] and our representatives would be happy to help.