Step-by-Step Guide to Debanking:
1️⃣ Set Up a Phantom Wallet or any non-custodial wallet of your choice
#PhantomWallet is a #noncustodial crypto wallet that integrates easily with decentralized apps so I use it for this purpose.
Create a new wallet and
⚠️Back up your seed phrase securely!⚠️
Seriously, this is the whole point of self custody. Be smart about this part. People laser engrave these phrases onto steel and lock them inside a safe inside a safe. Nothing is too secure for these phrases. Go wild but don't Under-Do it.
Moving on...
Fund your wallet with $BTC $ETH $SOL $POL or other supported tokens
InLeo Creator Tip:
You could use $LEO or any token on $HIVE as well, by converting to BTC via https://leodex.io/
2️⃣ Connect to Spritz Finance
@spritzfinance lets you pay directly from your crypto wallet, bypassing banks.
How to Use It:
Go to http://app.spritz.finance and follow their simple onboarding process (less than 5 minutes)
They will give you a "Virtual Debit Card" with 16 Digits, an Exp Date and Security Code
Connect your Phantom Wallet from step 1️⃣ to app.spritz.finance for funding
3️⃣ Enable Spending with Apple/Google Wallet
How to Set It Up:
Connect the Spritz crypto-linked debit card to your Apple Wallet or Google Wallet just as you would add any physical debit card. (16 digits, exp date + security code)
Use your crypto to fund the Virtual Debit Card from Spritz
Use your phone to tap and pay anywhere digital payments are accepted.
And that's it. You've just bypassed banks altogether and are on your way to using your hard earned crypto in your day to day life.