This sounds quite nice and I appreciate all the hard work behind it!
I have few thoughts/questions spinning in my head, as I've been testing/using the Visa prepaid card provided by Binance for some time:
How hard would it be to include HIVE in their spending list? Currently the list of crypto currencies that could be spent directly is: BNB, BUSD, BTC, USDT, SXP, ETH, EUR, ADA, DOT, LAZIO, PORTO, SANTOS
How hard would it be to add HBD to the tokens supported by Binance? Hive has been added more than two years ago. There are a couple of exchanges supporting HBD already, like ProBIT & Bittrex, from thee top of my head.
Something quite important and attractive too - the Binance Visa card offers no fees and a nice cashback, depending on the amount of spot BNB - for instance, holding a 30 day running average of 1 BNB gives 2% cashback, that's not bad at all.
Also, as far as I understand, using this new method, I have to install two new apps on my phone, to get the card from the bitcoin company and I have to have Lightning wallet as well? Generally I avoid having the 2FA app and the crypro wallets/exchanges apps on the same phone for security reasons ;)
I hope that info is useful, I believe we could make it better here, hopefully in the near future.
!PIZZA
!ALIVE
Always hard to get listed on exchanges. They usually want payment to do that. We will have to keep pushing to get the word out there.
Right now, I imagine stablecoins are a bit of a third rail to exchanges, especially Binance who supposedly took a bit hit on UST.
Either way, this is a step forward even if it isnt the end all and be all.
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I suppose if more people query them with those questions, they might reconsider?
Reading your feedback I think I'm going to sit soon and white them a proper email with those requests :)
I'll hope for the best.
It would be nice to have more independent competitive channels for spending HIVE & HBD directly, competition drives progress, isn't it? :D
!PIZZA
!ALIVE
@taskmaster4450le! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @lightcaptured. (3/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
Also, a separate question - I think HBD isn't a "classical" stable coin as it is not backed by real USD, or gold, or bonds, options, etc., right? I recall it was about USD 0.40 when HIVE was about USD 0.10.
@taskmaster4450! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @lightcaptured. (7/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
