Has anyone got any of the bitcoin ATM cards already?

CryptoPanda

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Quote from: fryarminer on July 05, 2014, 12:43:15 PM

Quote from: ?? on ??

Quote from: DavidHume on July 05, 2014, 08:03:28 AM

Quote from: ?? on ??

Quote from: Lethn on July 04, 2014, 09:44:44 PM

Sounds dodgy as fuck OP unless they have a legitimate business partner and the law on their side, I wouldn't try it, I could see a bank or a credit card company doing this but if it's just someone with a cheap website selling them I'd avoid it.

Well they got few millions VC recently. I suppose they did their due diligence

And they are legal as far as I know, basically they sell your BTC and fund the card with USD both in real time.

Which country is Xapo based on? And who is backing them?

I also would like to know that.

Incorporated in Hong Kong and based in Palo Alto CA.

https://xapo.com/#about

But no info where is the bank. It might be in HK I guess.

btcton

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Same as many above, I got the email from Xapo. Even though I have an account with them, I have no clue on their reputation or who they are. Any feedback would be more than welcome.

Daniel007

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I haven't got any bitcoin ATM cards and i have no idea about how to get the ATM card. Can anyone help me?

fryarminer

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Quote from: ?? on ??

Quote from: DavidHume on July 05, 2014, 08:03:28 AM

Quote from: ?? on ??

Quote from: Lethn on July 04, 2014, 09:44:44 PM

Sounds dodgy as fuck OP unless they have a legitimate business partner and the law on their side, I wouldn't try it, I could see a bank or a credit card company doing this but if it's just someone with a cheap website selling them I'd avoid it.

Well they got few millions VC recently. I suppose they did their due diligence

And they are legal as far as I know, basically they sell your BTC and fund the card with USD both in real time.

Which country is Xapo based on? And who is backing them?

I also would like to know that.

Incorporated in Hong Kong and based in Palo Alto CA.

https://xapo.com/#about

fryarminer

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Activity: 686

Merit: 500

Quote from: ?? on ??

Quote from: fryarminer on July 05, 2014, 06:57:07 AM

Quote from: Fopb on July 04, 2014, 09:45:20 PM

I'm also waiting for https://xapo.com to go live on their debit card. Should be good.

This looks interesting. I like the fact that they claim there are no fees after the purchase of the card ($15 is reasonable too!)

I would be most reluctant to put any bitcoin in their vault and minimal in their wallet - just to use the card. I don't trust any online wallet after Gox. I'll do my own cold storage.

That being said, I'm tempted to get one of these cards!

well you can send bitcoins to your wallet with them just shortly before spending them, I suppose you will have to wait at least 1 confirmation though.
But from your own cold storage to spending them offline within 10 minutes or so, sounds good right?

It does sounds good. I'm interested.

DavidHume

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Quote from: ?? on ??

Quote from: Lethn on July 04, 2014, 09:44:44 PM

Sounds dodgy as fuck OP unless they have a legitimate business partner and the law on their side, I wouldn't try it, I could see a bank or a credit card company doing this but if it's just someone with a cheap website selling them I'd avoid it.

Well they got few millions VC recently. I suppose they did their due diligence

And they are legal as far as I know, basically they sell your BTC and fund the card with USD both in real time.

Which country is Xapo based on? And who is backing them?

fryarminer

hero member

Activity: 686

Merit: 500

Quote from: Fopb on July 04, 2014, 09:45:20 PM

I'm also waiting for https://xapo.com to go live on their debit card. Should be good.

This looks interesting. I like the fact that they claim there are no fees after the purchase of the card ($15 is reasonable too!)

I would be most reluctant to put any bitcoin in their vault and minimal in their wallet - just to use the card. I don't trust any online wallet after Gox. I'll do my own cold storage.

That being said, I'm tempted to get one of these cards!

freedomno1

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Learning the troll avoidance button :)

Quote from: arbitrage001 on July 04, 2014, 11:59:05 PM

Quote from: freedomno1 on July 04, 2014, 11:42:39 PM

Cavirtex has had one of those for a while they are neat debit cards and what not
Now moving into mastercards as well.

If Master Card implement this feature, bitcoin could double in value overnight. That will mean USD days are numbered and China central bank might have to rethink their position on bitcoin.

Yep since its relevant proof we kind of skipped it in the press feed but I guess its worth noting as well lol

Quote from: cavirtex on July 01, 2014, 12:43:19 PM

Hey Guys,
_____________________________

This July 1st, Canada is turning 147 years old and CAVIRTEX is turning 3 years old. To celebrate our 3-year anniversary we have some big announcements:

3) INTERAC ONLINE DEPOSITS

CAVIRTEX will start accepting Interac online for deposits up to $5,000
per day for only $1.50. Deposits made using this method should clear within an hour. This will be the fastest and easiest way to fund your account and start trading.

4) PREPAID MASTERCARD WITHDRAWALS

To give you even more account flexibility we are introducing CAVIRTEX prepaid Mastercards. Using this option you can withdraw CAD from your CAVIRTEX account and load it onto a prepaid MasterCard, which can then be used everywhere MasterCard is accepted.

Happy Canada Day!

Joseph David
CEO, CAVIRTEX

arbitrage001

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Quote from: freedomno1 on July 04, 2014, 11:42:39 PM

Cavirtex has had one of those for a while they are neat debit cards and what not
Now moving into mastercards as well.

If Master Card implement this feature, bitcoin could double in value overnight. That will mean USD days are numbered and China central bank might have to rethink their position on bitcoin.

freedomno1

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Activity: 1806

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Learning the troll avoidance button :)

Cavirtex has had one of those for a while they are neat debit cards and what not
Now moving into mastercards as well.

arbitrage001

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Quote from: Pente on July 04, 2014, 12:25:47 PM

Xapo is suppose to be sending out cards this month according to an email I received from them. I will be testing one as soon as I receive it.

Got an email from Xapo last week also. I will test it out when I receive the card.

Fopb

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I'm also waiting for https://xapo.com to go live on their debit card. Should be good.

Lethn

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Sounds dodgy as fuck OP unless they have a legitimate business partner and the law on their side, I wouldn't try it, I could see a bank or a credit card company doing this but if it's just someone with a cheap website selling them I'd avoid it.

InwardContour

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Quote from: Ron~Popeil on July 04, 2014, 02:32:32 PM

Quote from: Meuh6879 on July 02, 2014, 07:52:30 AM

i don't want let finger print and ID picture and face picture on this machine since i known that datas are transmit to tracfin (fintrac) automaticly ... and saved for 3 years in the bitcoin ATM builder.

I am kind of on the same page with that. I like the relative anonymity of bit coin. I don't suddenly want to get a capital gains tax bill in the mail and frankly it isn't anyones business whether or not I transact in bit coin.

I agree. If I am going to spend any of my bitcoin I would want to spend it by sending the coins directly to the seller (or the seller's payment processor - coinbase/bitpay)

Ron~Popeil

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Quote from: Meuh6879 on July 02, 2014, 07:52:30 AM

i don't want let finger print and ID picture and face picture on this machine since i known that datas are transmit to tracfin (fintrac) automaticly ... and saved for 3 years in the bitcoin ATM builder.

I am kind of on the same page with that. I like the relative anonymity of bit coin. I don't suddenly want to get a capital gains tax bill in the mail and frankly it isn't anyones business whether or not I transact in bit coin.

Pente

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Xapo is suppose to be sending out cards this month according to an email I received from them. I will be testing one as soon as I receive it.

Meuh6879

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i don't want let finger print and ID picture and face picture on this machine since i known that datas are transmit to tracfin (fintrac) automaticly ... and saved for 3 years in the bitcoin ATM builder.

CryptoPanda

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In the last few months few services appeared offering ATM cards that you can use to withdraw cash from an actual old world bank ATM. (they sell the BTC in the background and fund the card with cash).
Each work differently, some much better than others but has anyone got any of those?

Topic: Has anyone got any of the bitcoin ATM cards already? (Read 1584 times)