Wallet Aqua has taken a new step in adopting Bitcoin (BTC) and its use cases. And on May 15, the application announced the launch of the first lot of VITA prepaid cards (KYC), which allows you to pay with BTC without confirming “meet clients” (KYC).
This initiative, which combines accessibility and privacy, could potentially expand the daily use of Bitcoin as a payment tool in visa-accepting shops. Even if they don’t accept it Currency created by Nakamoto.
First launch of beta tester
Aqua selected 50 users as follows: “Beta Tester” To prove the dolphin card, according to a statement shared on the official social network X account.
From the team behind Wallet Aqua, they completed the application and explained that those who received the confirmation email already have access to the account of Jan3, the technology company behind the initiative, led by Cryptooticias collaborator Samson Mow, which focuses on promoting Bitcoin adoption.
To use the Dolphin card, Aqua Wallet users must request an account in JAN3. Manage card backgrounds. Once your Jan3 account is approved, users can transfer funds from their Aqua wallet to their card.
Selected users can begin loading funds on their cards and make online payments in transactions that accept visas. For those not included in this first group, Aqua has announced it Access to more users will be enabled next Monday.
On the other hand, the physical version of the card is expected to be available below: This will be sent by mail to the applicant.
Aqua Wallet Prepaid Card features Bitcoin
As reported by Cryptootics, the Dolphin card works as a prepaid card that can be charged for up to $4,000 using BTC, Liquid Bitcoin (L-BTC) or Tether Stablecoin, or USDT. The funds will be transferred 2-second solution (L2) layer Bitcoin: Lightning Network (LN)Y liquid network.
Lightning Network is a faster and cheaper chain than the main layer, allowing low-cost transactions from the main Bitcoin chain, making it ideal for daily payments. Network liquid refers to confidential and fast transactions, betting on greater privacy by hiding the amount transferred. L-BTC is a digital asset Representative Bitcoin In the liquid of the network.
Privacy and Card Limitations
Aqua’s approach is one of privacy Bitcoin Basic Principles. By allowing bank intermediaries to pay Bitcoin without a dolphin card Enhance the idea of financial autonomyits load limit is placed as a solution suitable for small or medium transactions.
However, the $4,000 load limit is that there is little improvement. Reduce the risk It is related to money laundering or other illegal activities in accordance with regulatory standards.
For now, dolphin card Exclusively digitalIt is designed for online payments, or for transactions in physical stores where businesses manually allow card data. According to your ads, Aqua will integrate cards with systems such as future Apple Pay and Google Pay.
Some considerations while using cards using cryptocurrency
Using cards using cryptocurrency is more practical when using these funds for quick payments compared to transactions from individuals. However, these solutions also carry risks. The funds are not directly to the users, Controlled through an intermediarymeaning to control centralized entities such as Jan3.
These platforms, such as exchanges and digital asset custody companies, are Frequently hackersputs Crypta Active at risk. Additionally, these applications subject to strict regulations can freeze accounts by judicial or government orders, leaving users without access to money.
Therefore, while dolphin cards are trying to mitigate some of these risks by avoiding the KYC process, in all of these cases, users are encouraged to check the security mechanisms used on these platforms, as well as the financial and regulatory status.