Justin Sun, CEO of the TRON Foundation, has announced that the Tron (TRX) cryptocurrency will be supported by BitsaCard.
The Europe based payment company, @BitsaCard, which allows users to spend #crypto and fiat in any store that accepts #Visa now intergrated #TRON. Europe users can pay with $TRX via #Bitsa. #TRX https://t.co/rgAEBd41jO
— Justin Sun (@justinsuntron) February 10, 2020
The debit card which allows spending crypto is available all over Europe and runs on the VISA circuit. Besides TRON, BitsaCard already supports Bitcoin (BTC), Ethereum (ETH), the stablecoin DAI, Bitcoin Cash (BCH), Dash, Litecoin (LTC), Stellar Lumens (XLM), Ripple (XRP) and Zcash (ZEC).
This could contribute to the adoption of TRX, especially in terms of payment method, which Sun is certainly interested in as the cryptocurrency is also used on platforms like Travala for booking flights and hotels.
In reality, the news was announced last January 27th on BitsaCard’s blog, but it had not gained popularity, and so Sun shared the news, unleashing his powerful marketing efforts.
What is Bitsacard
BitsaCard is a prepaid card which has all the features of an ordinary debit card but is not associated with a bank account. With BitsaCard it is possible to make withdrawals at ATMs and wire transfers. In addition, it also allows for purchases and transactions using cryptocurrencies. It is particularly suitable for the younger public, not surprisingly BitsaCard is aimed at teenagers between 14 and 17 years old who are looking for an electronic payment method without the constraints (and fees) of a bank account.
The choice to support TRON will therefore allow Justin Sun’s cryptocurrency to spread even amongst the very young.
The other news concerning TRON
TRON is often in the headlines these days as a result of announcements from its eclectic CEO Justin Sun. However, the dinner with Warren Buffett and the announcement to add TRON to Liquid Network are not having the desired effect on the price of TRX. Today, according to CoinMarketCap, the crypto is in line with the negative market trend, losing 4%.