0 sats \ 1 reply \ @millo 2 Dec 2022 \ on: Hello Stackers! Bold is a credit card backed by your bitcoin stack. AMA! bitcoin
Apart from being Bitcoin only, what are the differences with Nexo credit card?
And is KYC needed?
write
preview
0 sats \ 0 replies \ @Bold_Bitcoin OP 3 Dec 2022
Great question. We are bitcoin-only, would never try to get our customers to buy our own token! And you can hold a key to the coins you put up as collateral, whereas Nexo gives you an IOU.
All credit cards require KYC, including the Bold Card. There are some benefits to this, like chargebacks and fraud detection.
reply