Ok, I talked to SIMPLEX and they are collaborating with EDGE wallet, which is an android/IOS wallet. They told me that using this wallet, and simplex, I can withdraw FIAT to my credit card by selling crypto.
I went to the edge support, but they were not available on weekends, only during business hours in Pacific time.
I guess I will see how it goes during the week.
Topic: Exchanges that let you withdraw FIAT to your credit card (Read 356 times)
I think MCO, the old name Monaco, the new name crypto.com used to have a Visa card, Anyone knows what happened to them and if we can get their card globally?
Anyways, I am now editing the original post to include the suggestions made here.
Anyways, I am now editing the original post to include the suggestions made here.
You must recheck Monaco. How much I remember, there were some accusations for them.
I use CEX for a long time and here FIAT withdrawal works instantly. I can spend money from my card in the same minutes. except when they have technical problems
So, in your opinion, as long as I get my crypto to the wirex card, I can spend it comfortably?
It works great for the actual spending. I had a Xapo card before and that was regularly rejected. It's never happened with Wirex. The only problem will be them shutting down the ability to convert crypto to fiat to load the card. This seems to happen with great regularity but it's usually sorted within a day or two.
I think MCO, the old name Monaco, the new name crypto.com used to have a Visa card, Anyone knows what happened to them and if we can get their card globally?
Vapourware. I've been signed up on there for what feels like years. They occasionally send self hyping emails and nothing else. Any card that has its own token can french kiss my sphincter as far as I'm concerned.
Wirex is fine. Conversion fees are high, the spread is large, the conversion function often craps out. The card itself works perfectly.
I think MCO, the old name Monaco, the new name crypto.com used to have a Visa card, Anyone knows what happened to them and if we can get their card globally?
Vapourware. I've been signed up on there for what feels like years. They occasionally send self hyping emails and nothing else. Any card that has its own token can french kiss my sphincter as far as I'm concerned.
Wirex is fine. Conversion fees are high, the spread is large, the conversion function often craps out. The card itself works perfectly.
Just found out that the Stellar XLM based WLO (by pigzbe) is collaborating with wirexapp.com and you can spend wlo in over 40 million shops, public transport etc. because wirex visa card is accepted all over the place.
Nice!
I love stellar network because it is fast and cheap, lets see if there are any comments from people who use this.
Nice!
I love stellar network because it is fast and cheap, lets see if there are any comments from people who use this.
I think MCO, the old name Monaco, the new name crypto.com used to have a Visa card, Anyone knows what happened to them and if we can get their card globally?
Anyways, I am now editing the original post to include the suggestions made here.
Anyways, I am now editing the original post to include the suggestions made here.
Why would you withdraw fiat to your credit card? That's my question.
Because some people may prefer to give their card numbers instead to give bank numbers. As well, some people may be using an exchange which deals with SEPA only while their bank account is using SWIFT, so they cant' receive a payment, the card comes as an alternative.
They may have an account from a pool (from EMIs) so they don't have dedicated bank numbers (but shared) and can't receive a payment from exchanges.
@OP
I think Cex.io has been the only exchange I have seen doing that.
Add that to the suggestion a guy said earlier, that they are bad with fiat, and you have one bad combination.I use Kraken for almost all my FIAT transactions but then they are not accepting cards.
NP. Years back there were more alternatives like ecoin (aka Wirex) but I don't know at all now since the site changed a lot, maybe it still has this option. There is a thread about Wirex here maybe you can ask in. Also sorry but I just remember about Advcash too, with Visa/Mastercard transfers out.
Why would you withdraw fiat to your credit card? That's my question.
Because some people may prefer to give their card numbers instead to give bank numbers. As well, some people may be using an exchange which deals with SEPA only while their bank account is using SWIFT, so they cant' receive a payment, the card comes as an alternative.
They may have an account from a pool (from EMIs) so they don't have dedicated bank numbers (but shared) and can't receive a payment from exchanges.
@OP
I think Cex.io has been the only exchange I have seen doing that.
Add that to the suggestion a guy said earlier, that they are bad with fiat, and you have one bad combination.I use Kraken for almost all my FIAT transactions but then they are not accepting cards.
If I remember rightly BTC-e used to do this. Obviously they're quite hard to recommend these days. Other than that I've never heard of an exchange that did this. Your credit or debit card has no balance to send to. A debit card needs a bank account. A credit card bills you.
If you don't want to use Wirex then wait for a Coinbase debit card unless you're in the UK where they're available now.
Another possibility is a Paypal debit card. It allows you to spend your Paypal balance and you can withdraw to that through Coinbase. I don't know if Paypal still do them but I had one for a little while.
If you don't want to use Wirex then wait for a Coinbase debit card unless you're in the UK where they're available now.
Another possibility is a Paypal debit card. It allows you to spend your Paypal balance and you can withdraw to that through Coinbase. I don't know if Paypal still do them but I had one for a little while.
Why would you withdraw fiat to your credit card? That's my question.
Because some people may prefer to give their card numbers instead to give bank numbers. As well, some people may be using an exchange which deals with SEPA only while their bank account is using SWIFT, so they cant' receive a payment, the card comes as an alternative.
They may have an account from a pool (from EMIs) so they don't have dedicated bank numbers (but shared) and can't receive a payment from exchanges.
@OP
I think Cex.io has been the only exchange I have seen doing that.
These are, for example, cryptopay, wirex, the first one I noticed immediately. But there are still a lot of other suppliers
Maybe this was not completely clear. I am looking for an exchange that lets you withdraw to your credit card/debit card. These are new services and I am not sure if I can trust them with my fiat.Credit card is usually related to a debt to the bank. From what I know, the only way for them is that you can "refill" a certain account for the money already spent.
Then there's debit card. That, from what I know, is linked to an account in the bank. Since the exchanges allow you withdraw to your account, I don't understand where's the problem (just beware, banks may not like the money that comes from exchanges, especially if it's big amounts and you may get your account locked).
Then there are pre-paid cards. This is the only card that gets refilled and which may not be related to the account. But from what I know, only the issuer company can refill such cards, so probably you can't withdraw to this.
I think that all Bitcoin exchanges I've ever used had the option to withdraw to an account (and no one cares if that account has or not a debit card linked), so I won't advertise this or that. From what I understand, this is the closest to what you want to do.
Edit: maybe there's something I don't know about cards. If you go to https://advcash.com/en/faq and type in "visa", under one of the link, one interesting text is
Quote from: https://advcash.com/en/faq/
We can also offer withdrawals to existing credit and debit Visa/MasterCard cards around the world for a reduced fee.
AdvCash allows some withdrawals I don't understand, but I find them expensive so I never cared. Maybe you make an account and take a look there, most of the info is not in the faq.
Why would you withdraw fiat to your credit card? That's my question.
You'll find a lot more exchanges that are willing to deal with wire transfers than a direct deposit into your credit card, and there is pretty much no difference in the two. Once you get the funds in your bank, simply transfer it over to your credit card account to pay it off, and that process doesn't take long at all.
If you have a linked debit card to your bank account, you don't even need to do any in between steps. Once the wired funds hits your account, you spend it right away. Don't limit yourself to options that offer withdrawals to a card when a transfer essentially does the same thing.
BTW, I'd strongly recommend against using CEX.io for the reason that they have a track record of being quite bad with dealing with anything related to fiat.
Why? Because I have my reasons. But, I really appreciated the comment about cex.io, I definitely did not know that about them. You'll find a lot more exchanges that are willing to deal with wire transfers than a direct deposit into your credit card, and there is pretty much no difference in the two. Once you get the funds in your bank, simply transfer it over to your credit card account to pay it off, and that process doesn't take long at all.
If you have a linked debit card to your bank account, you don't even need to do any in between steps. Once the wired funds hits your account, you spend it right away. Don't limit yourself to options that offer withdrawals to a card when a transfer essentially does the same thing.
BTW, I'd strongly recommend against using CEX.io for the reason that they have a track record of being quite bad with dealing with anything related to fiat.
These are, for example, cryptopay, wirex, the first one I noticed immediately. But there are still a lot of other suppliers
Maybe this was not completely clear. I am looking for an exchange that lets you withdraw to your credit card/debit card. These are new services and I am not sure if I can trust them with my fiat.I think Coinbase is starting to create a card that lets you withdraw your balance from cryptocurrencies so if you are upset with banks, this is your best choice.
It already exists. It allows you to spend crypto (i.e. have Coinbase under the hood convert it to fiat) in places where Visa is accepted as payment form, and even do cash ATM withdrawals. It's however UK only at this point in time.
https://www.coinbase.com/card
https://support.coinbase.com/customer/portal/articles/2969910-coinbase-card-faq
I think Coinbase is starting to create a card that lets you withdraw your balance from cryptocurrencies so if you are upset with banks, this is your best choice.
Otherwise, you can search for Debit Card that can be loaded using bitcoin Read more here https://bitcointalksearch.org/topic/2017-bitcoin-debit-card-reviews-1410577.
Otherwise, you can search for Debit Card that can be loaded using bitcoin Read more here https://bitcointalksearch.org/topic/2017-bitcoin-debit-card-reviews-1410577.
Why would you withdraw fiat to your credit card? That's my question.
You'll find a lot more exchanges that are willing to deal with wire transfers than a direct deposit into your credit card, and there is pretty much no difference in the two. Once you get the funds in your bank, simply transfer it over to your credit card account to pay it off, and that process doesn't take long at all.
If you have a linked debit card to your bank account, you don't even need to do any in between steps. Once the wired funds hits your account, you spend it right away. Don't limit yourself to options that offer withdrawals to a card when a transfer essentially does the same thing.
BTW, I'd strongly recommend against using CEX.io for the reason that they have a track record of being quite bad with dealing with anything related to fiat.
You'll find a lot more exchanges that are willing to deal with wire transfers than a direct deposit into your credit card, and there is pretty much no difference in the two. Once you get the funds in your bank, simply transfer it over to your credit card account to pay it off, and that process doesn't take long at all.
If you have a linked debit card to your bank account, you don't even need to do any in between steps. Once the wired funds hits your account, you spend it right away. Don't limit yourself to options that offer withdrawals to a card when a transfer essentially does the same thing.
BTW, I'd strongly recommend against using CEX.io for the reason that they have a track record of being quite bad with dealing with anything related to fiat.
As far as I know, Bittrex crypto exchange offered a USD withdrawal/deposit via wire transfer, but I think this not directly to your credit card you must have first an account on Bank if which country you are.
But first, I think you to prepare your personal documents, pretty assure that transferring fiat from the exchange is need KYC/AML.
You can read it here their FAQ.
But first, I think you to prepare your personal documents, pretty assure that transferring fiat from the exchange is need KYC/AML.
You can read it here their FAQ.
Quote from: https://bittrex.zendesk.com/hc/en-us/articles/115000199651-What-fees-does-Bittrex-charge-
Fiat Deposit and Withdrawals- Bittrex does not charge fees for USD deposits and withdrawals. You will want to check with your bank as they may charge a fee to send your wire transfer as well as receive a wire transfer at your bank. Also, for international customers if your bank uses an intermediary bank you will want to check with them to see if they charge a fee.
These are, for example, cryptopay, wirex, the first one I noticed immediately. But there are still a lot of other suppliers
If you do not want to deal with bank, there is enough service, where you can just pay in BTC and then with master card in ATM simply pick up the money
Can you explain that a little bit more? What are these services you are talking about? Jump to: