Canadian disruptive and decentralized technology hub, Decentral has announced the nationwide launch of its new product, Decentral Bitcoin Cards, which enable Canadians to purchase bitcoin from local retail stores. Available in denominations of $20, $50, and $100, they can be purchased at local retail stores and redeemed for bitcoin via the Decentral Bitcoin Card website.
Decentral founder and CEO, Anthony Di Iorio said: “We’ve helped thousands of customers purchase bitcoin at our bitcoin ATM in Toronto, and our goal has always been to increase availability across Canada. Based on the knowledge we’ve gained over the years, we’ve developed a system that makes buying bitcoin as easy and convenient as possible for both customers and merchants,”
Originally trialled in 2014, the cards were only finalised last year. Decentral claims its Bitcoin Cards simplify the bitcoin purchasing experience. Di Iorio explained: “The Cards remove the hassles and technical issues associated with installing, maintaining and using terminals or ATMs. Our new system can be scaled quickly to new locations without the existing roadblocks and complicated logistics common to Bitcoin ATMs.”
Decentral Bitcoin Cards are launching in selected provinces later this month, and will be available nationwide before the summer. Decentral expects to have bitcoin, ethereum and other select digital currency cards available for purchase in thousands of retail locations by the end of the year.