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Topic: XAPO or...? - page 2. (Read 950 times)

hero member
Activity: 700
Merit: 500
Massive price drop coming...
August 05, 2017, 06:35:27 PM
#6
I heard that Xapo debit card are good but i don't know if they work well but there are many bitcoin user use xapo debit card..
About spectrocoin i think its scam better to stay away about that..
And check this you can see more debit cards here with reviews.. https://bitcointalksearch.org/topic/2017-bitcoin-debit-card-reviews-1410577
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
August 05, 2017, 04:41:47 PM
#5
XAPO and Spectrocoin are using MyChoice Visa Prepaid card and from both you will receive cards with 1K Euro unverified for withdraws.
These types of cards have certain limitation and might not be valid payment method for international transaction.
Most pre paid Visa Cards are not respected by online merchants and services - for example, you can't buy games on G2A.com with prepaid visa card.
Using  bitcoin directly whenever possible and stick with standard credit/debit card is far better idea IMO.
legendary
Activity: 2758
Merit: 6830
August 05, 2017, 03:23:06 PM
#4
Real quick thread about some Bitcoin debit cards and it's pros and cons[1].

I wanted to try out Cryptopay since I received a promo code for a free card but never managed to register. You could ask one code in their thread[2], since the promo is still running until now and you have more than 30 activity.

[1] https://bitcointalksearch.org/topic/2017-bitcoin-debit-card-reviews-1410577
[2] https://bitcointalksearch.org/topic/cryptopay-a-central-entry-point-to-a-decentralised-world-1384807
legendary
Activity: 2520
Merit: 3038
August 05, 2017, 10:54:18 AM
#3
I still like Spectrocoin more because they are buying /exchanging/ BTC -> EUR at good rates. For example Wirex are buying BTC at 100E less than Spectrocoin.

Thanks for the good info, BigBoy89. I'll take a better look into Spectrocoin.

Any actual user of different cards (Xapo or others) is welcome to chime in if they feel like sharing personal experience or opinion!
legendary
Activity: 1512
Merit: 1011
August 04, 2017, 04:48:22 PM
#2
Hello, I've done my share of homework researching the available debit cards, but it's hard to find reliable information from people actually using such cards.

EU citizen, currency EUR. My ideal would be a totally anonymous debit card, which as I understand it, is impossible nowadays Sad Unless you want to be limited to 1000-2000 EUR per card/street address. Or is it?

Second best: a normal debit card in my name. I am interested in Xapo, but I'm not sure it actually works well. Are there any alternatives with strong points? Xapo commissions look sane on paper, but how about the exchange rate, for example?

One last issue is taxes. Since I never sold a single BTC, I've had no need to mention BTC in my taxes. How does it work when I spend from a debit card? Am I going to find friendly mr. Smith (the taxman) knocking at my door?

Any advice from actual debit card users will be welcome as useful help.

Thank you!

XAPO and Spectrocoin are using MyChoice Visa Prepaid card and from both you will receive cards with 1K Euro unverified for withdraws.

I still like Spectrocoin more because they are buying /exchanging/ BTC -> EUR at good rates. For example Wirex are buying BTC at 100E less than Spectrocoin.

About taxes, you should ask your local lawyer/accountant.
legendary
Activity: 2520
Merit: 3038
August 04, 2017, 10:10:22 AM
#1
Hello, I've done my share of homework researching the available debit cards, but it's hard to find reliable information from people actually using such cards.

EU citizen, currency EUR. My ideal would be a totally anonymous debit card, which as I understand it, is impossible nowadays Sad Unless you want to be limited to 1000-2000 EUR per card/street address. Or is it?

Second best: a normal debit card in my name. I am interested in Xapo, but I'm not sure it actually works well. Are there any alternatives with strong points? Xapo commissions look sane on paper, but how about the exchange rate, for example?

One last issue is taxes. Since I never sold a single BTC, I've had no need to mention BTC in my taxes. How does it work when I spend from a debit card? Am I going to find friendly mr. Smith (the taxman) knocking at my door?

Any advice from actual debit card users will be welcome as useful help.

Thank you!
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