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Topic: ANX launches world's first Bitcoin Debit Card powered by an exchange - page 4. (Read 17430 times)

hero member
Activity: 798
Merit: 1000
Our card isn't made for you to buy cars. It's supposed to be used for everyday transactions such as paying for your dinner, buying groceries and such. I assume you don't buy a vehicle every day?
And no, there are no other fees. Our exchange has lots of security features, and most of our funds are stored in cold wallets, far from our office.
We don't have a policy if our exchange gets robbed, but we would repay customers as quickly as possible from our own funds.

But my point is what would theoretically stop one from buying a car? if what you're saying is true then this is a very appealing deal, however if it's false (as I suspect) then it's probably worse than a bank.

Do you have any insurance policy? Any type of legal document that you would provide? I can't exactly take you on your word that you'd repay potential hundreds of thousands of dollars that you claim to have.

We are planning an audit and a proof of reserve which will take place soon. You simply cannot load that much money onto your card to buy a car, and everything I'm saying is true (Although some tiny details may change).
We are a registered company in Hong Kong, and we also have a Money Transmitting license from the MSO in Hong Kong, which is basically the equivalent of FinCEN in the US.
sr. member
Activity: 350
Merit: 250
Our card isn't made for you to buy cars. It's supposed to be used for everyday transactions such as paying for your dinner, buying groceries and such. I assume you don't buy a vehicle every day?
And no, there are no other fees. Our exchange has lots of security features, and most of our funds are stored in cold wallets, far from our office.
We don't have a policy if our exchange gets robbed, but we would repay customers as quickly as possible from our own funds.

But my point is what would theoretically stop one from buying a car? if what you're saying is true then this is a very appealing deal, however if it's false (as I suspect) then it's probably worse than a bank.

Do you have any insurance policy? Any type of legal document that you would provide? I can't exactly take you on your word that you'd repay potential hundreds of thousands of dollars that you claim to have.
hero member
Activity: 798
Merit: 1000
The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO


So
A little more details like limits and fees would be great, before one signs up for something.

The limits would be the amount of currency that you have loaded onto the card is 3300$, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

Yeah, sorry about that, due to some communication problems I didn't receive that information. Also, the price for the card isn't $10 either, prices have been updated.

So what if someone loads up, say 15BTC, would the card refill every time the balance goes below 3300$? Are there any 24 hour limits, withdrawal limits, any other sort of limits?

Good question. As far as I know, you simply cannot load that much btc, and you would only be able to load a maximum of 5.23BTC, since the limit is $3300. There aren't any other limits as of right now.


If I load 1btc into the card and the current market price is $600. How much will I have on the debit card?
Do you charge exchange fee on top of the recharge fee?
1btc x $600 - ?% exchange fee - 2.5% recharge fee


No, we don't charge an exchange fee if all you do is load up your card. It would be

1BTC x $600 x 0.975 = $585.

Seems illogical, what if one would want to purchase a car for 15,000$ he could then reload 5.23BTC every couple of seconds and break it down into 3300$ payments? What are you missing?

What if you pay in a different currency? What are your exchange rates? What if you pay in USD abroad, what other fees would incur? What is your policy in case your exchange gets robbed?

There are really many questions and no one qualified to answer them, I have already been tricked into subscribing with my email/name only to find out that this is complete crap.

Our card isn't made for you to buy cars. It's supposed to be used for everyday transactions such as paying for your dinner, buying groceries and such. I assume you don't buy a vehicle every day?
And no, there are no other fees. Our exchange has lots of security features, and most of our funds are stored in cold wallets, far from our office.
We don't have a policy if our exchange gets robbed, but we would repay customers as quickly as possible from our own funds.
sr. member
Activity: 350
Merit: 250
The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO


So
A little more details like limits and fees would be great, before one signs up for something.

The limits would be the amount of currency that you have loaded onto the card is 3300$, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

Yeah, sorry about that, due to some communication problems I didn't receive that information. Also, the price for the card isn't $10 either, prices have been updated.

So what if someone loads up, say 15BTC, would the card refill every time the balance goes below 3300$? Are there any 24 hour limits, withdrawal limits, any other sort of limits?

Good question. As far as I know, you simply cannot load that much btc, and you would only be able to load a maximum of 5.23BTC, since the limit is $3300. There aren't any other limits as of right now.


If I load 1btc into the card and the current market price is $600. How much will I have on the debit card?
Do you charge exchange fee on top of the recharge fee?
1btc x $600 - ?% exchange fee - 2.5% recharge fee


No, we don't charge an exchange fee if all you do is load up your card. It would be

1BTC x $600 x 0.975 = $585.

Seems illogical, what if one would want to purchase a car for 15,000$ he could then reload 5.23BTC every couple of seconds and break it down into 3300$ payments? What are you missing?

What if you pay in a different currency? What are your exchange rates? What if you pay in USD abroad, what other fees would incur? What is your policy in case your exchange gets robbed?

There are really many questions and no one qualified to answer them, I have already been tricked into subscribing with my email/name only to find out that this is complete crap.
hero member
Activity: 798
Merit: 1000
The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO


So
A little more details like limits and fees would be great, before one signs up for something.

The limits would be the amount of currency that you have loaded onto the card is 3300$, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

Yeah, sorry about that, due to some communication problems I didn't receive that information. Also, the price for the card isn't $10 either, prices have been updated.

So what if someone loads up, say 15BTC, would the card refill every time the balance goes below 3300$? Are there any 24 hour limits, withdrawal limits, any other sort of limits?

Good question. As far as I know, you simply cannot load that much btc, and you would only be able to load a maximum of 5.23BTC, since the limit is $3300. There aren't any other limits as of right now.


If I load 1btc into the card and the current market price is $600. How much will I have on the debit card?
Do you charge exchange fee on top of the recharge fee?
1btc x $600 - ?% exchange fee - 2.5% recharge fee


No, we don't charge an exchange fee if all you do is load up your card. It would be

1BTC x $600 x 0.975 = $585.
hero member
Activity: 672
Merit: 500
If I load 1btc into the card and the current market price is $600. How much will I have on the debit card?
Do you charge exchange fee on top of the recharge fee?
1btc x $600 - ?% exchange fee - 2.5% recharge fee
sr. member
Activity: 350
Merit: 250
The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO


So
A little more details like limits and fees would be great, before one signs up for something.

The limits would be the amount of currency that you have loaded onto the card is 3300$, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

Yeah, sorry about that, due to some communication problems I didn't receive that information. Also, the price for the card isn't $10 either, prices have been updated.

So what if someone loads up, say 15BTC, would the card refill every time the balance goes below 3300$? Are there any 24 hour limits, withdrawal limits, any other sort of limits?
hero member
Activity: 798
Merit: 1000
The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO


So
A little more details like limits and fees would be great, before one signs up for something.

The limits would be the amount of currency that you have loaded onto the card is 3300$, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.

Yeah, sorry about that, due to some communication problems I didn't receive that information. Also, the price for the card isn't $10 either, prices have been updated.
sr. member
Activity: 350
Merit: 250
The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO


So
A little more details like limits and fees would be great, before one signs up for something.

The limits would be the amount of currency that you have loaded onto the card is 3300$, and the only fee is 2.5% of the amount you load onto the card. The card will only cost $10 USD.
sr. member
Activity: 462
Merit: 250
What else do you need to know? Feel free to ask, I'm here to help.

Here's a question: what exactly is the nature of the relationship of the Visa Payment Network (or whatever the corporate entity's name is) to this card?

I don't know the answer, and I've asked. Once I get a reply I will get back to you.

Sorry - I could have sworn I saw a claim about 'Visa' in the OP. I guess I was confused. I withdraw the question, and replace it with another:

If you're not affiliated with Visa, MasterCard, AmEx, etc., how many retailers and other vendors do you expect will be accepting this card? In my experience, each seller only accepts a narrow range of payment networks. And I've never seen one that advertised that they accept ANX-Card.

Hi, the card is affiliated with Visa,  It is actually a re-chargeable VISA card. And it can be used in all merchants / vendors which accept VISA e.g. online shopping, any retails  and restaurants. Also it can be used in worldwide ATMs (which support VISA) to withdraw funds.
The card store Maximum value of 3300 USD.

Feel free to ask any more questions!, Regards


ANXPRO


Jesus fucking christ, just on the previous page someone has asked what are the limits and you said the only limit is the 2.5% fee now we find out there is also a 3300USD limit.

The 2.5% fee is not a limit, is a fee to transfer funds into the debit card, and the card storage limit is 3300 USD which is pretty good for almost every person who want to use it for shopping, or have money ready.



ANXPRO
sr. member
Activity: 350
Merit: 250
What else do you need to know? Feel free to ask, I'm here to help.

Here's a question: what exactly is the nature of the relationship of the Visa Payment Network (or whatever the corporate entity's name is) to this card?

I don't know the answer, and I've asked. Once I get a reply I will get back to you.

Sorry - I could have sworn I saw a claim about 'Visa' in the OP. I guess I was confused. I withdraw the question, and replace it with another:

If you're not affiliated with Visa, MasterCard, AmEx, etc., how many retailers and other vendors do you expect will be accepting this card? In my experience, each seller only accepts a narrow range of payment networks. And I've never seen one that advertised that they accept ANX-Card.

Hi, the card is affiliated with Visa,  It is actually a re-chargeable VISA card. And it can be used in all merchants / vendors which accept VISA e.g. online shopping, any retails  and restaurants. Also it can be used in worldwide ATMs (which support VISA) to withdraw funds.
The card store Maximum value of 3300 USD.

Feel free to ask any more questions!, Regards


ANXPRO


Jesus fucking christ, just on the previous page someone has asked what are the limits and you said the only limit is the 2.5% fee now we find out there is also a 3300USD limit.
sr. member
Activity: 462
Merit: 250
What else do you need to know? Feel free to ask, I'm here to help.

Here's a question: what exactly is the nature of the relationship of the Visa Payment Network (or whatever the corporate entity's name is) to this card?

I don't know the answer, and I've asked. Once I get a reply I will get back to you.

Sorry - I could have sworn I saw a claim about 'Visa' in the OP. I guess I was confused. I withdraw the question, and replace it with another:

If you're not affiliated with Visa, MasterCard, AmEx, etc., how many retailers and other vendors do you expect will be accepting this card? In my experience, each seller only accepts a narrow range of payment networks. And I've never seen one that advertised that they accept ANX-Card.

Hi, the card is affiliated with Visa,  It is actually a re-chargeable VISA card. And it can be used in all merchants / vendors which accept VISA e.g. online shopping, any retails  and restaurants. Also it can be used in worldwide ATMs (which support VISA) to withdraw funds.
The card store Maximum value of 3300 USD.

Feel free to ask any more questions!, Regards


ANXPRO
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Haha, lol, I know that, actually the entire Internet is monitored by the CIA, and Tor and Bitcoin was invented by the NSA too.
Just Kidding.

Well, you can make light of it if you want, but the entire internet _is_ monitored by the CIA, NSA and their foreign counterparts, we don't know _who_ created bitcoin, and Tor was actually conceived, developed, and maintained by the US Navy.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
What else do you need to know? Feel free to ask, I'm here to help.

Here's a question: what exactly is the nature of the relationship of the Visa Payment Network (or whatever the corporate entity's name is) to this card?

I don't know the answer, and I've asked. Once I get a reply I will get back to you.

Sorry - I could have sworn I saw a claim about 'Visa' in the OP. I guess I was confused. I withdraw the question, and replace it with another:

If you're not affiliated with Visa, MasterCard, AmEx, etc., how many retailers and other vendors do you expect will be accepting this card? In my experience, each seller only accepts a narrow range of payment networks. And I've never seen one that advertised that they accept ANX-Card.
hero member
Activity: 798
Merit: 1000
Update:

I have now received official confirmation for the price of the debit cards.

0.04BTC: The International ANX Bitcoin Debit Card, delivered to you by standard shipping.
0.06BTC: The International ANX Bitcoin Debit Card, delivered to you by registered shipping with tracking number.
0.08BTC: The International ANX Bitcoin Debit Card, delivered to you by express shipping with tracking number.

Just in case the price crashes to 100$ before you ship. Cheesy

That won't happen! All I see is the price rising after our announcement. If anything happens, we will change the price.
legendary
Activity: 1316
Merit: 1003
Update:

I have now received official confirmation for the price of the debit cards.

0.04BTC: The International ANX Bitcoin Debit Card, delivered to you by standard shipping.
0.06BTC: The International ANX Bitcoin Debit Card, delivered to you by registered shipping with tracking number.
0.08BTC: The International ANX Bitcoin Debit Card, delivered to you by express shipping with tracking number.
Just in case the price crashes to 100$ before you ship. Cheesy

And how long do those options take to the EU and US?
hero member
Activity: 798
Merit: 1000
Update:

I have now received official confirmation for the price of the debit cards.

0.04BTC: The International ANX Bitcoin Debit Card, delivered to you by standard shipping.
0.06BTC: The International ANX Bitcoin Debit Card, delivered to you by registered shipping with tracking number.
0.08BTC: The International ANX Bitcoin Debit Card, delivered to you by express shipping with tracking number.
hero member
Activity: 798
Merit: 1000
Do you have EUR-card also?

Unfortunately, as of now, no. But it will still work worldwide.
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Do you have EUR-card also?
hero member
Activity: 798
Merit: 1000
can i use doge im a shibe

We don't support DOGE for our debit card right now, but it will be added alongside other cryptocurrencies in the near future.
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