Wallet Provider Edge Launches First ‘Confidential’ Bitcoin Mastercard

Edge, the company behind the popular Edge cryptocurrency wallet, has launched its new Confidential Mastercard.

The Mastercard requires no KYC or personally identifiable information to use.

The new card is not only for Bitcoin. Users can sell Bitcoin Cash, Dogecoin, Litecoin, and Dash to fund their Edge Mastercard to shop at eligible merchants in the United States.

At launch, the Edge Mastercard will have a daily spend limit of $1,000 and can be used with Apple Pay with Samsung and Google Pay coming later. The option to order a physical card for $20 is coming later this month.

To fund their account, Edge customers sell their Bitcoin inside their wallet and send the USD to their Edge Mastercard to make purchases instead of sending the funds to a bank account.

There are no fees to add funds to a card.

Edge is the latest among Web3 companies making its way into the Bitcoin payments space for making everyday purchases.

In April, Digital asset manager Nexo partnered with Mastercard to launch a Mastercard-backed crypto card in selected European markets.

In December, Ledger announced the launch of a debit card that will let users spend their crypto directly or as collateral for cash purchases using the Ledger Live platform.

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