I had to zoom a bit on the fine print a the bottom of the first page and that is a bit weird:
So it's a card by Ledger that has nothing to do with Ledger? wtf?
So, you got a Visa card, powered by ledger, owned by Baanx Group Ltd UK (which is not a bank), the card being issued by the usual Lithuanian Bank, in this case Frozen Time – Unipessoal LDA, although the main branch is from Portugal and at the end of the line you might start to wonder whether hell you're going to call if something goes wrong with your funds or a bank transfer in and out.
Bitcoin was supposed to get rid of the intermediaries, now, instead of one bank, we have 5 "Fintech" each munching a bt of fees.
You can do that with the Binance card, you can move funds to your card wallet and set the order from which funds are taken and they do an auto-conversion. The entire thing is just a mess from my point of view and I've always ended up wondering what the hell is going on but I'm more like the exception or the unlucky guy, according to this topic most got along with no hiccups.
I've dropped both Binance and Wirex even from my weekly usage, I've been using them only to pay for small purchases on the internet I deem too risky for my CC and liquidating some altcoins the easy way at Aldi and Tesco
Quote
The CL Card and its features are provided to you solely by Baanx Group Ltd, UK, Baanx US Corp, United States and Frozen Time UNIPESSOAL LDA, EU and not by Ledger.
So it's a card by Ledger that has nothing to do with Ledger? wtf?
So, you got a Visa card, powered by ledger, owned by Baanx Group Ltd UK (which is not a bank), the card being issued by the usual Lithuanian Bank, in this case Frozen Time – Unipessoal LDA, although the main branch is from Portugal and at the end of the line you might start to wonder whether hell you're going to call if something goes wrong with your funds or a bank transfer in and out.
Bitcoin was supposed to get rid of the intermediaries, now, instead of one bank, we have 5 "Fintech" each munching a bt of fees.
I've never seen a debit card that holds a balance in Bitcoin and converts it only when you make a purchase.
You can do that with the Binance card, you can move funds to your card wallet and set the order from which funds are taken and they do an auto-conversion. The entire thing is just a mess from my point of view and I've always ended up wondering what the hell is going on but I'm more like the exception or the unlucky guy, according to this topic most got along with no hiccups.
I've dropped both Binance and Wirex even from my weekly usage, I've been using them only to pay for small purchases on the internet I deem too risky for my CC and liquidating some altcoins the easy way at Aldi and Tesco