Users Outrage Over Xapo Bitcoin Platform’s Impractical KYC Processes
Topic: List of bitcoin debit cards - page 27. (Read 82916 times)
Have used Shakepay and I'd say it's quite good, in the 3 months I've had it. Just using the virtual card with Canadian address. Very nice interface. 1% fee for loading. $1 monthly fee. With the slow BTC confirmation times, will likely be using it much more.
Free EU bank accounts that you can be opened directly online
https://bitcointalksearch.org/topic/list-free-eu-bank-accounts-that-you-can-be-opened-directly-online-1756494
That's a nice list that I wasn't aware of, thank you!https://bitcointalksearch.org/topic/list-free-eu-bank-accounts-that-you-can-be-opened-directly-online-1756494
I'll be looking into those and adding services with debit cards in the above list.
Free EU bank accounts that you can be opened directly online
https://bitcointalksearch.org/topic/list-free-eu-bank-accounts-that-you-can-be-opened-directly-online-1756494
https://bitcointalksearch.org/topic/list-free-eu-bank-accounts-that-you-can-be-opened-directly-online-1756494
Are there any other notable "Online bank" services offering debit cards and bank services (IBAN, SEPA transfers) with the ability to open an account online? I've recently looked into n26 which accepts registrations form several EU countries. There's also Fidor bank for UK and Germany.
Do you think such services are worth tracking and adding into the list? Perhaps I could even start a separate thread.
Do you think such services are worth tracking and adding into the list? Perhaps I could even start a separate thread.
I've added Leupay in the category of related services. It'd come handy to those that have found a convenient way to exchange bitcoin but aren't satisfied with banking services available to them (I'm an example of this, living in Greece). To me, the only downside to their card is a flat 2€ fee for ATM withdrawals.
Xapo variation from OWN rates for reference:
With Bistamp rates being around $970 at the time, this doesn't seem like 0.6% to me.
With Bistamp rates being around $970 at the time, this doesn't seem like 0.6% to me.
Ok, so I done a small research to see actual funding rates at number of cards issuers. Here is what I found:
The Bitstamp rate was 917.00 at the time of calculation.
So it seems that Xapo, Spectrocoin and Advcash are the cheapest services (Advcash can become expensive if you deposit many times).
It is very strange that providers are charging hidden fees and nobody is talking about it...
You need to create an account with XAPO to see sell rates (rate they'd buy your BTC at). The rate you see at their landing page when you don't have an account is their sell rate (rate they sell BTC at). Same for Wirex, I've written more on this deceptive tactic first used by Wirex here. Cryptopay do the same but at least are more clear about buy/sell rates. | Xapo | Wirex | Cryptopay | Spectrocoin | Uquid | Advcash | |
| USD for 1 BTC | 911.38 | 889.62 | 883.85 | 906.7 | 907.59 | 898.33 |
| Margin from Bitstamp rate | 0.61% | 2.99% | 3.61% | 1.12% | 1.03% | 2.04% |
| Price and maintance of physical card for one year (in USD) | 20 | 29 | 27 | 21 | 28.99 | 14.99 |
| Loading fee | 0% | 0% | 1% | 0% | 1% | 1USD |
| Final amount for 1 BTC (in USD) | 891.38 | 860.62 | 848.01 | 885.70 | 874.06 | 882.34 |
The Bitstamp rate was 917.00 at the time of calculation.
So it seems that Xapo, Spectrocoin and Advcash are the cheapest services (Advcash can become expensive if you deposit many times).
It is very strange that providers are charging hidden fees and nobody is talking about it...
Also, Uquid has a 1% loading fee plus a 0.5% card load fee.
Also, thanks for this. It's hard to calculate such things by hand but I admire your effort.
I have created accounts at all of them and tried to sell BTC for USD. Their might by some errors as I was doing it at every exchange in a row so it takes 2-3 minutes.
I will update information with Uquid card load fee.
I am still unsure with XAPO is actually working with 0.6% margin or if it is a trick somewhere.
Anyway margins charged by cryptopay or wirex are extremely high...
Ok, so I done a small research to see actual funding rates at number of cards issuers. Here is what I found:
The Bitstamp rate was 917.00 at the time of calculation.
So it seems that Xapo, Spectrocoin and Advcash are the cheapest services (Advcash can become expensive if you deposit many times).
It is very strange that providers are charging hidden fees and nobody is talking about it...
You need to create an account with XAPO to see sell rates (rate they'd buy your BTC at). The rate you see at their landing page when you don't have an account is their sell rate (rate they sell BTC at). Same for Wirex, I've written more on this deceptive tactic first used by Wirex here. Cryptopay do the same but at least are more clear about buy/sell rates. | Xapo | Wirex | Cryptopay | Spectrocoin | Uquid | Advcash | |
| USD for 1 BTC | 911.38 | 889.62 | 883.85 | 906.7 | 907.59 | 898.33 |
| Margin from Bitstamp rate | 0.61% | 2.99% | 3.61% | 1.12% | 1.03% | 2.04% |
| Price and maintance of physical card for one year (in USD) | 20 | 29 | 27 | 21 | 28.99 | 14.99 |
| Loading fee | 0% | 0% | 1% | 0% | 1% | 1USD |
| Final amount for 1 BTC (in USD) | 891.38 | 860.62 | 848.01 | 885.70 | 874.06 | 882.34 |
The Bitstamp rate was 917.00 at the time of calculation.
So it seems that Xapo, Spectrocoin and Advcash are the cheapest services (Advcash can become expensive if you deposit many times).
It is very strange that providers are charging hidden fees and nobody is talking about it...
Also, Uquid has a 1% loading fee plus a 0.5% card load fee.
Also, thanks for this. It's hard to calculate such things by hand but I admire your effort.
Ok, so I done a small research to see actual funding rates at number of cards issuers. Here is what I found:
The Bitstamp rate was 917.00 at the time of calculation.
So it seems that Xapo, Spectrocoin and Advcash are the cheapest services (Advcash can become expensive if you deposit many times).
It is very strange that providers are charging hidden fees and nobody is talking about it...
| Xapo | Wirex | Cryptopay | Spectrocoin | Uquid | Advcash | |
| USD for 1 BTC | 911.38 | 889.62 | 883.85 | 906.7 | 907.59 | 898.33 |
| Margin from Bitstamp rate | 0.61% | 2.99% | 3.61% | 1.12% | 1.03% | 2.04% |
| Price and maintance of physical card for one year (in USD) | 20 | 29 | 27 | 21 | 28.99 | 14.99 |
| Loading fee | 0% | 0% | 1% | 0% | 1% | 1USD |
| Final amount for 1 BTC (in USD) | 891.38 | 860.62 | 848.01 | 885.70 | 874.06 | 882.34 |
The Bitstamp rate was 917.00 at the time of calculation.
So it seems that Xapo, Spectrocoin and Advcash are the cheapest services (Advcash can become expensive if you deposit many times).
It is very strange that providers are charging hidden fees and nobody is talking about it...
Which debit card is most cheap overall (buying card and adding funds)?
Some virtual cards are cheap. Uquid had cards for 1$ and coinzy for 0.5$ but they do have load fees. Coinzy has 5% variation from live btc/Usd rates. The two subjects you're interested in are obviously different. A mildly expensive card might be worth it depending on your needs. I recommend looking into it on your own.Which debit card is most cheap overall (buying card and adding funds)?
I'm not entirely sure but I guess Its Advcash , the plastic card costs 4.99 USD/EUR only and the virtual one costs 1 USD/EUR and compared to CoinsBank , E-coin.io & Uquid which I have used and ordered before they are the cheapest. It all depends on your needs though , the services I mentioned are Visa while advcash is MasterCard.
What about funding fees? I guess paying 0.5$ less for card and be charged 5% is scam... Is there comparison of funding costs?
What about funding fees? I guess paying 0.5$ less for card and be charged 5% is scam... Is there comparison of funding costs?
I forgot about the fees honestly as some of them are not available in the fees pages but Advcash should have a 0.99 USD/EURO for funding E-wallet to the Card . I suggest checking the fees pages for CoinsBank , E-coin.io and Uquid for more details to have an idea but keep in mind that some services have actually some hidden fees.
I'm mostly worried about hidden fees (high exchange fee). Has somebody compared them?
What about funding fees? I guess paying 0.5$ less for card and be charged 5% is scam... Is there comparison of funding costs?
I forgot about the fees honestly as some of them are not available in the fees pages but Advcash should have a 0.99 USD/EURO for funding E-wallet to the Card . I suggest checking the fees pages for CoinsBank , E-coin.io and Uquid for more details to have an idea but keep in mind that some services have actually some hidden fees.
Which debit card is most cheap overall (buying card and adding funds)?
Some virtual cards are cheap. Uquid had cards for 1$ and coinzy for 0.5$ but they do have load fees. Coinzy has 5% variation from live btc/Usd rates. The two subjects you're interested in are obviously different. A mildly expensive card might be worth it depending on your needs. I recommend looking into it on your own.Which debit card is most cheap overall (buying card and adding funds)?
I'm not entirely sure but I guess Its Advcash , the plastic card costs 4.99 USD/EUR only and the virtual one costs 1 USD/EUR and compared to CoinsBank , E-coin.io & Uquid which I have used and ordered before they are the cheapest. It all depends on your needs though , the services I mentioned are Visa while advcash is MasterCard.
What about funding fees? I guess paying 0.5$ less for card and be charged 5% is scam... Is there comparison of funding costs?
Which debit card is most cheap overall (buying card and adding funds)?
Some virtual cards are cheap. Uquid had cards for 1$ and coinzy for 0.5$ but they do have load fees. Coinzy has 5% variation from live btc/Usd rates. The two subjects you're interested in are obviously different. A mildly expensive card might be worth it depending on your needs. I recommend looking into it on your own. Which debit card is most cheap overall (buying card and adding funds)?
I'm not entirely sure but I guess Its Advcash , the plastic card costs 4.99 USD/EUR only and the virtual one costs 1 USD/EUR and compared to CoinsBank , E-coin.io & Uquid which I have used and ordered before they are the cheapest. It all depends on your needs though , the services I mentioned are Visa while advcash is MasterCard.
Which debit card is most cheap overall (buying card and adding funds)?
This "Bitcoin Debit Card" is brand new to me. I'm trying to get a grasp of how it works. Basically, it takes your online bitcoin wallet and transfers your money on a card that you can manage with your online bitcoin
wallet? At least that is what it looks like from BitPay. However what I would like to know is if you can use that card as an actual debit card, transferring your bitcoins from your online wallet into your "debit card" as,
say, US currency, and spending it in person like a normal debit card?
Most bitcoin debit cards work like regular debit cards. Depending on each service OFC. Some use live convertion, by charging the equivalent amount of BTC depending on current BTC/USD rated from coins deposited in your account and other services allow loading the card with BTC, quoting BTC/USD rates at the time of the load. There are physical cards that can be used for POS purchases and if you're in the US you have some of the best offers in terms of bitcoin debit cards available to you. wallet? At least that is what it looks like from BitPay. However what I would like to know is if you can use that card as an actual debit card, transferring your bitcoins from your online wallet into your "debit card" as,
say, US currency, and spending it in person like a normal debit card?
This "Bitcoin Debit Card" is brand new to me. I'm trying to get a grasp of how it works. Basically, it takes your online bitcoin wallet and transfers your money on a card that you can manage with your online bitcoin
wallet? At least that is what it looks like from BitPay. However what I would like to know is if you can use that card as an actual debit card, transferring your bitcoins from your online wallet into your "debit card" as,
say, US currency, and spending it in person like a normal debit card?
wallet? At least that is what it looks like from BitPay. However what I would like to know is if you can use that card as an actual debit card, transferring your bitcoins from your online wallet into your "debit card" as,
say, US currency, and spending it in person like a normal debit card?
In other news, I recently found out that The Rock Trading have a debit card service. I don't know if it's new but I'll just leave this here for future reference.
https://www.therocktrading.com/en/pages/card
Quote
The Bank reserves the right at its discretion to block and/or recall the Card of the Cardholder at any time, without advance warning and without having to give reasons. Its decision cannot be contested. The Bank shall not be held liable for consequences which might arise for the Cardholder as a result of the blocking or recall of the Card. The use of a blocked card is unlawful and may result in prosecution, as may the obligations incurred by the Cardholder as a result. The Bank reserves the right to provide the affiliated merchants and authorised banks with any information they may require to obtain the amount due directly from the Cardholder.
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