Post
Topic
Board Beginners & Help
Re: Do you use cryptocurrency cards?
by
ALBOS Project
on 06/07/2018, 17:21:37 UTC
Guys, what's your view on cryptocurrency cards (like credit cards, I mean)? Is it convenient or useless? If someone has an experience of using them, would be glad if you share!

Hi there. I only recently started using one of the crypto debit cards called Wirex. I was looking for a way to fund my crypto investments via paypal (add crypto card to paypal and send funds to it). Wirex has very nice ios app, that has btc and ltc wallets. You can request cards (with free delivery) and currency account will be added to your app. So you get free card delivery and monthly account costs are for USD account $1.50 and for EUR account €1.20 (i think that it is same price).

But am thinking now, that it is good option to exit from my crypto positions. Just send funds to internal btc or ltc wallet and exchange for your local currency. In my case euro purchases within europe are free of charge and atm withdrawal fee is €2.25 (one downside is, max daily withdrawal amount is €250, which is not great 🤔).

Still have to test it out though, check all te fee and compare crypto exchange rates with exchanges etc. At the moment I am in stae of waiting for my card, after creating and authorizing my account. Will let you know ones my test is finished. Good luck with your crypto card exploration 👍


Thank you for sharing your experience. Tell me, is it possible to use this Wired card for doing offline purchases? I mean can stores accept it like simple Visa or Master Card? Or is it simply a way to convert crypto to fiat?