That's a good question. All I can say now is there will be a lot new things coming up in the next months, so stay tuned!  

@bitatomic @eduBTC

guys, for you personally, one last time:
1) there is no 5%. You have come up with a number and ask us to prove something?
2) "formulas", where we get the rate, how we get the rate, or whatever you call it is sensitive information, not for public
3) You've been posting about 5%, then congratulations on 2.8%, etc, making statements with no grounds or proof, often contradicting yourselves, nevertheless keep demanding some proof from our side. Don't want to throw accusations like you are doing, but given the tone and inconsistency of the posts, as well as the newly created accounts, can't really be sure that you are not simply:
   - trolling the thread
   - or trying to make a name for yourselves (negative is always easier, isn't it? try building something instead of trying to ruin..)
   - and/or being paid for these posts by someone else (should I ask for proof that you are not?..)

Therefore, we consider the matter closed

Cheating? Scammers?? You are unbelievable, mate.. Newby coming out of nowhere accusing a legit company with over 2 years in this market which is barely 2 years old itself, one of the first movers and leader, one aiming for the long term, one raising financing from crowdfunding (proper due diligence and trust from the community) and about to close a round with a reputable VC (even more due diligence and trust from professionals)?

"Unbelievable" is a light word for your lame accusation, I have more suitable ones, but will hold them not to bring any more negativity to this thread.

Matter closed. Maybe you can find something more useful and productive to do than trolling. Just a thought.

Ok, i got it. We should use different terminology: what is the size of hidden fee incorporated in your exchange rate as it is much worse compared to bitcoin exchanges and other bitcoin debit card providers (after considering the fee). Can you tell what is the margin on your exchange rate?

I don't understand what's the problem. 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.

Every other bitcoin exchange platform works like that, but you got some issue with Wirex because...?

There are opportunities for everyone in the Bitcoin Universe, why don't you go and find yours if you have so many issues with Wirex?

Congrats?? On what? WE DID NOT CHANGE A THING.

Was about to respond to the latest one from @bitatomic, but having seen this - see no point at all. This is just getting ridiculous..

I checked few days ago their platform and seems that they are charging too much, at least comparing with wirex.


If Xapo and Spectrocoin are cheaper then how much is the percentage that they take as fee in total?
Xapo does take some fee too because they do not offer real time price without any cut.
Spectrocoin reviews recently are not good so I will postpone from using this.
Wirex is already at ~5% but their platform is having issue too.

wow I didnt realize there are several more BTC debit cards available. Im guessing Bitpay might have the cheapest fees because lots of merchants do BTC transactions using them as the middle man. I will look into all of them, thanks for posting the sites.

because we DON'T. Would show you the formulas and the code, had it not been confidential information. Don't know how else to convince you, how does one convince someone who's refusing to listen?..

@eduBTC, @bitatomic, we DO NOT charge 4-5%, full stop. Can't show you all the whole business model inside obviously, but this a fact - we simply don't.

You are grossly overestimating the difference of our sell btc rate from the "market rate" and underestimating "others". It's a competitive market, and everyone is about the same in terms of costs/fees, give or take a penny.

You are certainly free to use any service you like, but please, do not give your assumptions out as facts.

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.

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.