Edge, a blockchain company, has launched a private crypto MasterCard

Edge, a blockchain company, has launched a private crypto MasterCard

Edge, a cryptocurrency startup located in San Diego, has announced the debut of a private crypto Mastercard that does not require KYC and does not charge transaction fees. "There is no name or address linked with [the] Edge Mastercard," according to Edge's website, providing privacy advocates piece of mind.

Edge, a digital currency company, has launched the Edge Mastercard, a preloaded 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 purchase 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.

On Wednesday, Higgins tweeted, "Kudos to Edge for keeping to their initial concept of offering a simple method to protect [and] utilize bitcoin without sacrificing on privacy." The crypto Mastercard is not only private, 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." We preserve your privacy while complying with all standards for issuers, card organizations, rules, municipal, federal, and international laws, according to the website.

While the Edge Mastercard has no usage fees, the physical form of the card costs $20. In terms of load limits, the card is accepted anywhere 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.

"Proud to unveil the Edge Mastercard," Puey said, "with no personal information necessary to activate or use." "Spend anonymously at any Mastercard-accepting merchant in the United States."

Edge just embraced the Bitpay Payment Framework, a protocol that assures reliable cryptocurrency payments, in addition to the new secure Mastercard.