Post
Topic
Board Exchanges
Re: Uquid bitcoin debit card reviews
by
jehzlau
on 04/06/2017, 12:27:06 UTC
I just signed up with UQUID just now, deposited 5000 DOGE, and activated my Virtual Card. Transferred the remaining USD to my Virtual Card, and linked it to my PayPal account. It works. It's fast, and I love how fast it is.
https://i.imgur.com/PXd4lQh.png


Now I'm thinking to get the plastic card + express delivery. Anyway here got their plastic cards yet? Cheesy

I just ordered a UQUID plastic card. Cheesy Excited to receive it soon. Smiley

Hey UQUID,

I am tempted by the idea of a crypto debit card, but something about it makes me feel uneasy and I feel I don't fully understand the fees.
Can you tell me what the fees would be for these hypothetical transaction so that I know I am not misunderstanding.

1a ) Depositing 0.001 bitcoin
1b ) Depositing 1 ethereum
1c ) Depositing £10 (GBP)

2a ) If I deposited 1 eth (hypothetically worth £100 for easy maths) and then withdrew £10 from a free cash machine, what would the total cost in fees be (show your workings)?
2b ) Same as above but what if I transferred the money to another account rather than withdrawing it?

3 ) Do I have access to my private keys/ can I freely take my cryptocurrencies out of my account at any time?

If you deposit a certain amount, for example 1 ETH. You need to convert it to USD (or your preferred currency) before transferring it to your UQUID card. You can't deposit a crypto currency directly to the card. The withdrawal fee is 3% for all currencies.
https://uquid.com/fees