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?