Minex Web Wallet Update and the Full System LaunchIn the previous
blog post, we have made an overview of the latest Minex Web Wallet Release, including card activation and replenishment of the minimum required balance. Users from all over the world are already actively using the
Minex Web Wallet and activating the cards purchased via
MinexPay service.
Today, we are glad to tell about the new feature of the Minex Web Wallet that comprises with the launch of the full ecosystem of the MinexPay service and Minex Web Wallet operating in full and ensuring smooth crypto payments and cash-outs. Namely, you can now convert your crypto to fiat and withdraw money to the card within the wallet.
We encourage you to try out the updated Minex Web Wallet and purchase a card via MinexPay service if you still haven’t.
More news is coming soon, stay updated!
Why not post that cash withdrawal is suspended for the second time already? Cards worked 7 hours and cash withdrawal was suspended. Then cards worked for 12 hours and now they are suspended until Monday. Real quality product here. People waited for half a year to get a god damn Upay card that gets suspended like hours away from launch. Go ahead and order one if you want a constant headacke. And every week they add new fees. Now every step you take you pay a fee. Check account balance 1€, pay at point of sale 0.27€, withdraw cash 3.5€, top up card 0.5% fee. Whats the point of this card? Its cheaper to use an exchange.
With so many intermediaries in the process it is not suprise. For converting BTC to fiat,users have to pay fees to Minexpay and Upaycard.For converting MNX to fiat ,users have to pay fees to Minexpay,Upaycard and EXMO. For receving BTC ,Upaycard charges 1%,for converting to fiat it is 3-4% fee,depends on fluctuations on exchange,plus 2% BTC to fiat fee for Minexpay, plus 3% fee for paying in other currency than Euro - this is 11-12% fees on conversion BTC to fiat only + 3.5 Euro ATM withdrawal. Exchanges fee to send money via bankwire is about 15 USD/EUR per transfer. So, for any amount above 135 EUR it is better to use exchange and bankwire.
According to
https://minexpay.com site and experience of Minexpay Gold card usage with BTC you have to pay 0.5% fee for top up (MNX top up is free of charge). Conversation Fee for BTC is 2% ( or 1% if you do Conversation in MNX). And ATM fee 3.5 Euro. So we have 2.5% fee for BTC and just 1% for MNX users. And that's it. Also there is platinum and infinite cards where fees are lower + you have cashback. As you see this group of fraudsters making false researches and telling lies. Don't listen them.
Your calculation is not right and this is why.You are using Upaycard and to load it you have to pay not just Minexpay ,but Upaycard fees too. For ordinary user fees for converting BTC to fiat will be:
- 1% Upaycard fee for receiving BTC in wallet
- 3-4% Upaycard fee for converting BTC to EUR (have to sell BTC on Upaycard if you want to load card in some reasonable time and not to wait days for bankwire load which is overcostly for sending less than 2000EUR )
- 0.5% Minexpay top-up fee
- 2% Minexpay fee for BTC to fiat conversion
- 3.5 EUR ATM withdrawal fee
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1% + 3-4% + 0.5% + 2% + 3% + 3.5EUR = 9.5 -10.5 % + 3.5 EUR is the real cost for user
Sure ,you can put Upaycard fees in lower conversion price for BTC,but still effect on users will be same.
-
No Fee Upaycard fee for receiving BTC in wallet
(because MNX card have different fees)-
No Fee Upaycard fee for converting BTC to EUR (have to sell BTC on Upaycard if you want to load card in some reasonable time and not to wait days for bankwire load which is overcostly for sending less than 2000EUR )
(because MNX card have different fees)- 0.5% Minexpay top-up fee
Yes, they have that fee. But it's 0% for MNX- 2% Minexpay fee for BTC to fiat conversion
Yes, but as higher is card status as lower is the fee. And it's Twice lower if you use MNX- 3.5 EUR ATM withdrawal fee.
Yes, that's apply to the Minexcoin cardAs you see, this frauder named thunderjet is trying to confuse Minexcoin community again. He is too lazy even to read Minexpay.com web site to find out real rates.
