Ninjastic
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Re: 2016 Bitcoin Debit Card Reviews
by
CEX
on 11/05/2016, 08:24:28 UTC
Quote from: pmatveev on May 10, 2016, 05:23:59 PM
Quote from: CEX on May 10, 2016, 10:51:06 AM
Quote from: alyssa85 on March 24, 2016, 06:33:52 PM
Is the fee for conversion from BTC to fiat in addition to currency exchange fees?

Unless you are obsessed with anonymity, it might be easier to use an exchange which charges about 0.25% to convert from btc to fiat, and minimal fees for withdrawing to your bank where you can spend it on your normal debit card.

These bitcoin card providers need to lower their fees considerably to make them attractive.

That is what we offer exactly. At CEX.IO, you can trade Bitcoin for 0.1% to 0.2% (depending on the currency pair) and withdraw to any payment card instantly. You can use Visa or MasterCard issued in any currency.
Information about fees can be found here. Withdrawal fees will be decreased shortly as well.
What we find advantageous about our offer is that you have no need to order a separate card, but use yours instead.


is it instant as well?

In most cases, it is instant.
3.9% + $ 0.25 is the fee for depositing funds, while withdrawal fee is 2.9% + $ 4.99. The latter will significantly decrease within one-two weeks only, and we are sure that such update will make our withdrawal service more competitive to debit cards. Up-to-date information on fees and limits is available here.