Australian consumers to spend XRP at one million locations and withdraw money at 30,000 ATMs

MyCryptoWallet (@mycryptowallet twitter handle) is an Australian zero-fee exchange where you can store, trade and track cryptocurrencies. According to ZyCrypto, it has launched myCryptoCard which enables consumers to spend cryptocurrency at one million locations and withdraw money at 30,000 ATMs.

MyCryptoCard can be loaded with myCryptoWallet using a smartphone and pay for goods and services at any EFTPOS (Australia’s universal payment network) accepting merchant or withdraw money at ATMs.

The five supported cryptocurrencies are BTC, LTC, ETH, XRP and POWR while the users can withdraw Australian dollars (AUD) at ATMs.

MyCryptoWallet CEO Jaryd Koenigsmann sees the cards as another milestone for cryptocurrency adoption:

“We’re taking a big step to make cryptocurrency a bigger part of offline daily life. Whether it’s a cup of coffee, groceries or new pair of jeans, Australians can now pay in crypto with the myCryptoCard.”


Note: This is not an endorsement of this service. Always do your own due dilligence.