What are the options out there? I just got a WageCan debit card, but it's a bit disappointing. The exchange rate essentially cuts 4% into your balance. Plus, it stores the balance as USD, so it's not really clear to me how this is different than just withdrawing to your checking account and using a regular debit card when needed.
I've heard about ANX. Any thoughts on them?
Also, has Xapo made any indications as to their progress on releasing a debit card for US customers? What specifically is it with US laws/regulations that are making it harder for them to release in the US as opposed to anywhere else?
I have a Bit-X card. I have tested it and it works very well. I haven't managed to check my balance on the ATMs.
Drawbacks are certainly fees. They are quite high but this is brand new service and I am sure as competition heats up, fees will go down. Bit-X had a very annoying fee, a maintenance fee that charged you all the time just for having a card even if you didn't use it. Thanks God, they have droped that.