Post
Topic
Board Exchanges
Re: Bitcoin debit card
by
Wirex
on 16/02/2017, 22:00:08 UTC
Once again some proof for people of e-coin/wirex who still claim there are no fees when loading the card and that the exchange rate is just a coincidence.

Google rate: http://i.imgur.com/iKONyd1.jpg 23.27 EUR
Preev rate: http://i.imgur.com/QjdENLV.jpg 23.44 EUR
xe.com rate: http://i.imgur.com/FgToLJk.jpg 23.29 EUR

Amount I get on my card 22.23 EUR. If we take the lowest exchange rate which is the google rate here. 22.23/23.27=0.955 so your fee is around 4.5%.

So I will still stand by my claim that your fees are 3-5% when loading the card and you can still say that is not the fact but the facts are here and the math does not lie.

As ex-customer I can confirm these guys are charging ~5% or sometimes even more. For that reason I moved to other services long time ago..

What you guys are using other than Wirex/e-coin ?

I tried couple of services and all are better than this.

This difference you see is normal. On Wirex, there are two exchange rates: One for buying bitcoins and one for loading the card. The "Buy Bitcoin" rate is higher than one for "Load Card". But other than that, What you see is what you get. There are no fees for loading your card or Buying Bitcoins in Wirex / E-Coin.

To verify this, please go to the website www.blockchain.info and search the Bitcoin Address number Wirex gave you to deposit your bitcoins on the right corner search panel. Then, compare the amount of bitcoins you sent to this address with the amount you received on Wirex. It should be practically the same.

However, I supposed this is just how people is. Wirex have been around for 3 years already, and developed the service way further than any other bitcoin debit card service. Yes, like any service growing fast and offering new features all the time, there are issues, but none of the issues of any user is left unresolved.