Edge, a cryptocurrency company located in San Diego, has announced the debut of a private crypto Mastercard that does not gather KYC information or levy transaction fees. Privacy advocates may rest easy knowing that “no name or address is connected with [the] Edge Mastercard.”
Edge has launched the Edge Mastercard, a loadable crypto debit card that does not require KYC information. “Zero fees,” Edge said on Twitter after revealing the Mastercard to the company’s followers. Instant financing – With Edge Mastercard, anybody may instantly spend BTC, DOGE, DASH, LTC, and BCH with no need to provide any personal information.” Edge’s new privacy-focused crypto Mastercard received praise from Blockspace.io creator Gabe Higgins.
Higgins tweeted, “Kudos to Edge for keeping to their initial concept of offering a simple method to protect and utilize bitcoin without compromising privacy.” The crypto Mastercard is not only secret, but it also conforms with today’s financial rules, according to Edge’s card web page. Edge’s website explains, “There is no name or address connected with your Edge Mastercard, resulting in fully private transactions when your card is used.” The following is taken from the website:
We preserve your privacy while adhering to all issuer, card association, and regulatory obligations, as well as local, state, federal, and international laws.
While the Edge Mastercard has no usage fees, the physical form of the card costs $20. In terms of load limits, the card has accepted any place Mastercard is accepted, with a maximum of $1,000 per day. On Wednesday, Edge co-founder Paul Puey stated that the company is excited to provide a privacy-focused crypto Mastercard.
Puey stated, “Proud to launch the Edge Mastercard, which requires no personal information to activate or use.” “Spend anonymously at any Mastercard-accepting merchant in the United States.” Paul Puey, Damian Cutillo, Scott Morgan, Tim Horton, and William Swanson launched Edge, formerly Airbitz Inc., in 2014. Edge just embraced the Bitpay Payment Framework, a protocol that assures correct bitcoin payments, in addition to the new secure Mastercard.
Also Read: Launch of MasterCard’s crypto-linked payment cards for Asia-Pacific
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