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Topic: ------------> BEcarefull!! FROM BIT-X Debit CARD !!- <--------------- (Read 3566 times)

full member
Activity: 168
Merit: 100
Hi point0,

The limit was actually 90% per transaction (for the past month or so), it wasn't updated on the guide page correctly until recently. We apologies for the the confusion.

Here's a little explanation:

The '90% of a user's balance' limit per transaction acts as a safeguard (for BIT-X) against unknown future exchange rates (with the high volatility Bitcoin is known to have), especially so for large transactions. ATM/POS terminals require a near-instant (tenths of a second) response, otherwise a time out will occur and the transaction will be denied. This would be the case if more than 90% of a user's balance was available for a single card transaction (at the moment of authorization we do not know the exact amount that will be needed for the conversion so this 10% gives some room for changes in the exchange rate and fees).

If you have a 10 BTC balance in your BIT-X account, all 10 BTC is available through card spending however as is clear in the card rules (https://bit-x.com/guide/bitx-cards), each transaction cannot be larger than 90% of your total balance. In transaction #1 you can use 9 BTC through the card, transaction #2: 90% of 1 BTC through the card and so on.

At all times, your entire balance is available to you for any other uses, be it for a trade or or withdrawal!

All card rules, limits and fees can be found by reading through: https://bit-x.com/guide/bitx-cards

And please, don't try to extort us:

Regards,
BIT-X.com

This is a brief explain about Bit-x Debit Card and as you can see, we still can do withdraw all our balances.

The main topic on this thread is about "The Limit on Debit Card spend changed from 70% to 90%". idk the detail, but it seem bit-x changed to 90% because of this thread.

Either 70 or 90%, the both rules is to prevent any loss from only 1 transaction with debit card.


Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.

You need to PM macrotheminer or BIT-X.com from bitcointalk.
sr. member
Activity: 350
Merit: 250
Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.

I think this is not the right thread for your issue with Bit-X Debit Card. Try send a private message to marcotheminer or BIT-X.com so they can help you out. You may also post your query on this thread [ANN] BIT-X.com | Bitcoin Debit Card | No Monthly Fees!

marcotheminer
BIT-X.com
newbie
Activity: 21
Merit: 0
Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.
newbie
Activity: 14
Merit: 0
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .

You never brought any proof at all. But i guess there's no point in debating it. You can deny bit-x properly pay out and tell everyone who say so are liars but that doesn't make it the truth.

You can tell everyone they scam and steal BTC but then you would just be calling me and trusted users liars if i/we tell you Bit-x have never stole BTC from us at the very least so far.

So ultimately it looks pretty legit as i been getting my payouts there and taking them out weekly. When requesting BTC out, it takes a few seconds to get accepted, then confirmed so far.




Oh yea? Than if you are so sure why are you angry ? and have you read the recent pages (for proofs) ? and also lets the readers jugde your shity company not you or me.  Cool

legendary
Activity: 1302
Merit: 1068
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .

You never brought any proof at all. But i guess there's no point in debating it. You can deny bit-x properly pay out and tell everyone who say so are liars but that doesn't make it the truth.

You can tell everyone they scam and steal BTC but then you would just be calling me and trusted users liars if i/we tell you Bit-x have never stole BTC from us at the very least so far.

So ultimately it looks pretty legit as i been getting my payouts there and taking them out weekly. When requesting BTC out, it takes a few seconds to get accepted, then confirmed so far.
newbie
Activity: 14
Merit: 0
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .
legendary
Activity: 1302
Merit: 1068
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?
newbie
Activity: 14
Merit: 0
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool
legendary
Activity: 1302
Merit: 1068
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.
newbie
Activity: 14
Merit: 0
That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

True, and thank you for replying to my thread .
newbie
Activity: 14
Merit: 0
I was the reason to increas there limits and to stop their shady scam, i think now im done here.

Note: Still you can only use 90% of you MONEY! so its up to you to use this company.

Thank you All.

congratulations for that achievement, but I think that issue could have been raised in a proper manner and like a professional not like this. you acted like a child who wants a candy but cant get it and start crying. but again congrats for the achievement. move on and lock the thread if you are done with your games here.


Yes, We cry for candies cause they are sweet, as well as your mama's pussy Smiley Sheeps like you are the reason for companies like(Bit-x) to keep their scaming activities , and i think from your posts and your profile pic...... i will not say more Wink .
legendary
Activity: 1834
Merit: 1036
I was the reason to increas there limits and to stop their shady scam, i think now im done here.

Note: Still you can only use 90% of you MONEY! so its up to you to use this company.

Thank you All.

congratulations for that achievement, but I think that issue could have been raised in a proper manner and like a professional not like this. you acted like a child who wants a candy but cant get it and start crying. but again congrats for the achievement. move on and lock the thread if you are done with your games here.
newbie
Activity: 14
Merit: 0
I was the reason to increas there limits and to stop their shady scam, i think now im done here.

Note: Still you can only use 90% of you MONEY! so its up to you to use this company.

Thank you All.
newbie
Activity: 14
Merit: 0
Yep not just high fees (its not a problem for me) but they have Something called "Shady fees" .   Roll Eyes

I guess shady fees are Just to conceal your Identity and preserve your anonymity anywhere you spend $ on the globe moreover anonymity is the spirit of bitcoin.


Your guess is wrong ! And wow! what you've just said is a minde blow HAHA!! please are you alright ?? open your minde and read my above replies, thank you anyways .
hero member
Activity: 546
Merit: 500
Yep not just high fees (its not a problem for me) but they have Something called "Shady fees" .   Roll Eyes

I guess shady fees are Just to conceal your Identity and preserve your anonymity anywhere you spend $ on the globe moreover anonymity is the spirit of bitcoin.
newbie
Activity: 14
Merit: 0
Yeah they have a High fee as compared to other bitcoin debit cards , each time you make a withdraw and ~2 $ is deduced from the card.
moreover if you Transact or withdraw in other currency then there is even more charges. Sad


Yep not just high fees (its not a problem for me) but they have Something called "Shady fees" .   Roll Eyes
hero member
Activity: 546
Merit: 500
Yeah they have a High fee as compared to other bitcoin debit cards , each time you make a withdraw and ~2 $ is deduced from the card.
moreover if you Transact or withdraw in other currency then there is even more charges. Sad
legendary
Activity: 1302
Merit: 1068
i think im coming with something to poof its a shady scam.   Cool

Oh no, i wouldn't want you to poof a shady scam.

-A transaction limit is common use. A % one work much better than a flat one.
-It only apply to the debit card in a single transaction. It does NOT apply to your funds.
-It does not in any way prevent you from withdrawing your funds. In case you forgot, your funds are in BTC, not $.

You can still deposit to or withdraw the entirety of all the BTC contained in the wallet.

/thread
newbie
Activity: 14
Merit: 0
i think im coming with something to poof its a shady scam.   Cool
newbie
Activity: 14
Merit: 0
Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well


Yes im using E-coin and i love that company , but all i wanna do is to expose this evil company , im angry at them because they misleaded me on thier main thread Tongue

You didn't even bother looking further than the main thread? No wonder you're surprised.

Next time you're interested in any service that has a thread on this forum please (for your own sake), do some reading on the actual site.



Edit : Becarefull, a reply above was deleted by "marcotheminer" see above for a quote (Thats an other proof  Cool ):

And here is an answer :

You didn't get the point (like always) and the funny part you are still replying here but ok;  the main reason for any company to be legit and trusted is telling the truth, we are not playing hidden games like telling people the sunny part and lets them find the hidden side, people have the right to know evey single rule or shady fees, Stop thinking that all people are stupid, and show some respect plz.
If you don't like Bit-X's policies, don't use their services. Quit bitching here about it.

Im using E-coin, and im protecting members from these scammers and if you dont like that you can Go F***K your self my friend Smiley

Also im going to run a huge posts about them in every forum on the internet related to bitcoins. And again you can Go F***K your self  Smiley
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