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What is a prepaid credit card?

They may sometimes be called “prepaid credit cards” or “prepaid debit cards,” but unlike credit cards, prepaid cards don’t involve borrowing any money, which means there’s no credit check required. And unlike debit cards, prepaid cards aren’t linked to your bank accounts. Instead, you add money directly to the prepaid card account.

Where can I buy a prepaid card?

Some banks and local credit unions also sell prepaid cards. If you buy the card online, you may be issued a virtual card or receive a physical card in the mail at a later time. Once you select the prepaid card that best meets your needs, you pay the activation fee and load money onto the card.

How do I apply for a prepaid card?

Depending on which card you want, there are a few different ways you can apply. In-store — Some retailers, like Walmart, allow you to purchase and load money onto a new prepaid card. Online — Many prepaid cards allow you to apply through their websites.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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