While Advcash clearly doesn't offer the best rates BTC>USD or BTC>EUR
Thanks for your support, we appreciate the positive feedback.
In terms of rates, we did some testing and seems like in ADV you could spend 1 BTC to deposit to the EUR wallet and get around 7571 EUR while at the time if you exchanged 1 BTC into EUR inside Wirex you would get around 7548 EUR. This was tested today a couple hours back. So the rate looks same or slightly better.
If you know of similar platforms with these features and you like their rates, tell us which ones and we'll take a look.
Cheers.
Hi,
Well I must have missed something, because last time I received a payment on Wirex and changed it to Euros, I got pretty much the same rate as Bitstamp.
On the other hand, from my Advcash (screen shot just 5 minutes ago), I obtain a fee of circa 4.4% to send money from my wallet to a Bitcoin address:
On Bitstamp the fee is 0.5% which means I get 0.995 BTC with 6470 EUR, with Advcash I get 0.955 BTC.
I use your card simply because I place bets on a sports betting broker that allow free transfers (anonymous) but sorry I won't use Advcash to exchange Euros to Bitcoin, or perhaps I missed another solution you provide for better rates?
There is nothing to miss, all our features are in the account.
You mentioned BTC>EUR rates, and now you're talking about the EUR>BTC rate. Those are not the same and they are never the same when it comes to currency exchange. When you sell 100 USD to a cash exchange place and buy 100 USD from them, the rates will be noticeably different. If you want, take a look at the Deposit Funds section in Advcash, not at the Funds Transfer one.
And Bitstamp is a different deal as well, it's not an e-wallet platform with cards. I think it makes more sense to make comparisons of similar business models, not just pure exchange rates, and of the same exchange direction as well, not reverse.
Either way, we do always work to offer even better rates, but realistically it's not the same business as a crypto exchange, so the rates will always be slightly different.