BitFlyer released prepaid Visa cards

Now customers of the largest Japanese cryptoexchange will be able to prepaid Visa card with Bitcoins
08 October

The largest Japanese crypto exchange bitFlyer has provided users with the opportunity to use prepaid Visa cards. This is reported by Bitcoin.com.

A new option appeared thanks to the cooperation with the Vandle Card. Users will be able to replenish the card with bitcoins on the bitFlyer website or through third-party cryptowallets. Also, according to the representatives of the exchange, the first 1000 users of the new service will receive gifts. The opportunity to order a card appeared on October 6.

Holders of prepaid cards from bitFlyer will be able to pay for goods and services at any outlet that accepts Visa cards. Also, representatives of bitFlyer noted that the company will not charge fees for the issue and maintenance of the card. You can top-up the balance on the website of bitFlyer or via the mobile application. The currency of the card is displayed in Japanese yen.

As for the limits, within a month, 30,000 yen (about $ 267) can be added to the card, for the entire period of use - 1 million yen ($ 8879). In this case, the balance should not exceed 100 thousand yen. The card is valid for five years.

SegWit implemented in Bitwala Wallet

The implementation intends to lower the fees when sending or receiving bitcoin into wallet to or from another wallet that supports SegWit
14 December

Yesterday Bitwala announced that it have implemented SegWit into the Bitwala Wallet and now it is available for all users of wallet. SegWit is a technical improvement of the Bitcoin Blockchain that paves the way for cheaper transactions and enables scaling solutions on top of Bitcoin.

Segregated Witness was activated on the Bitcoin Network on August 24th, 2017 on block #481824. It has since seen a steady increase in adoption, and SegWit transaction makes up about 9% of all Bitcoin transactions.

Segwit chartsSegWit Transaction percentage Charts

The update intends to lower the fees when sending or receiving bitcoin into wallet to or from another wallet that supports SegWit.

The full potential of the SegWit upgrade will unfold as more and more participants in the ecosystem update their systems. While the cost of transactions will be reduced with SegWit, users will continue paying the current fees because Bitwala’s payment processor is yet to activate SegWit. It is expected the upgrade to take place in Q1 2018.