Topic: How many people are using Bitcoin debit card? - page 3. (Read 10645 times)

I don't think that many people are using Bitcoin debit cards. People are still not clear with the concept of crypto currency, many thinks that it is a scam and will loose their money, there is no future for bitcoins etc. Once all these doubts are cleared and people started trusting and using the bitcoins as mode of payment then there will be increase in the users of Bitcoin Debit Card.

This is a little of topic but related to debit cards....

Nothing much to do today so was reading articles about new developments and came accross a thread here about Monese, a new startup in the UK that's essentially an online bank [just fiat, no bitcoin], no branches and just the basics, an account and a debit card. This article led me to two similar startups namely Number26, a German banking startup and Mondo in the UK. The last two are looking at establishing full banking services like loans etc..

One thing that all of them offer are zero fee transactions. Even their debit cards is free of any fees. I think its Mondo [might be wrong] that does not even charge a currency conversion fee should you use the card to pay for something which is not in the currency of the card. They do not even charge you to have the cards delivered.

The bitcoin debit cards [Bit-x, E-Coin, Xapo], in comparison, now seems to be very expensive. All of them have currency conversion fees of around 3%, some have month/yearly fees and in the case of Bit-x also a per transaction fee of 0.0002 btc and 1% banking fee. Then there is the order fee of anything from $11 to $20, the activation fee [if any] of also about $11 to $20, delivery charges of around $11 depending on the card and or a speedy DHL deliver for another $50 odd with Xapo.

I have both a Xapo and Bit-x card and will keep on using them as it offers a convenient way to spend one's bitcoin directly from one's wallet. One can however not help but take note of the fact that you are being smoked for every transaction. Xapo, Bit-x and E-Coin should take note. Their aim should be to decrease the fees and or eliminate them completely. With the current fee structure in place there is little incentive for anybody to use their cards compared to the others on offer.

Yes the others might not deal in bitcoin but its not that difficult to get your bitcoins into those bank accounts. And with their fee structures I'm pretty sure its going to work out cheaper as well.

Why i wanted to use that the exchange it's simple instant.
With xapo or bit-x you can get the exchange and the cash just instant in ATMs.
It is a good opportunity but the fees stops me to buy one of them.

now there are many people who use debit cards bitcoin, because there are many countries that have not mengaki bitcoin, besides there are also some countries that forbid using bitcoin

That's why i need to see the reviews from people that are using it.
More people using it more real are the reviews, i have researched for bit-x and seems good.
Also i am a bit confused about the Xapo because something is hidden that don't want let us known about these hidden fees(processing fees etc.)

Just like anything, I`m pretty sure you`ll see the fee after you get the card.

I know marketing does enough to think its only $17 but in reality they need to make a profit, which it`ll show after you use their card if you cant find it.

I checked this thread and also check in their website.
The rates it's a bit different from the real price of bitcoin (coindesk price vs e-coin.io rate)
Could you make a review and post here, i can't see any fee there just $17 for the card to be shipped.

I'm buying one from here https://bitcointalksearch.org/topic/bitcoin-debit-card-917350 you could check it out, or maybe stick with bit-x but I heard they had huge fees.

Bitcoin debit card was kinda interesting for me. I'm really planning to use it but had some difficulties choosing one. Do you guys have any recommendations?

I`m not interested in bitcoin debit card yet, since there are not many merchants anyway, and i would need more trust in them to be able to use that.

Identity theft is a big issue nowaday, and i would not give my personal data to untrustable people.


So i`ll wait a few more years until this industry becomes more stable, and more merchants accept it, then I`ll look into it more. Definitely a bitcoin debit card would be perfect in the future.

I have been reading today for few hours about debit cards and these two fits my needs,
What i am mostly interested is about Xapo debit card, i don't see there sell/buy orders to see the current price
Current in Xapo buy price is $247 and in Coindesk price is $244.4 what rate will it take when i want to cashout in ATM?

Not yet interesting about bitcoin debitcard, because i convert my bitcoin to $, and i send to my debitcard (bank)
after it i use it my debitcard to buy anything

long way but i like it,,,

the consept of bitcoin debit cards are ok for this type of cryptocurrency system but the fees are way to high I mean skyhigh :p many peoples told me that they are stop using their bitcoin debit cards due to high fees..

i dont know people interesting to using bitcoin debitcard or not. but i have waiting bitcoin debit card can use in my country but i think it's impossible

Can you share with us which bitcoin debit card are you using?
I have in mind only 2 "main" trusted debit cards bit-x and coinomat debit card.
Is there any list when i can check each one benefits and their fees, because i am thinking to have one but just don't know which one to choose.

I'm planning to have one cuz I've read a lot of positive reviews regarding to bitcoin debit card. It seems very useful and convenient but I'm a little bit worried 'bout the fees

Looking forward to buying one, and I'm promised its gonna be as simple as a normal debit card.

I thought of trying the Bit-x debit card once because it was the first bitcoin debit card i ever hear of.
But...
 Never used it because there were already many people complaining about the "high fees".