Bitcoin debit card

[Courtesywipe]

Got my card today. Everything on schedule as predicted except for the fact my nosey ass wife has a hundred questions which I obviously "juked" as Barry Sanders would have !

[ParlayKing1986]

Let me know how the withdrawal works.

[Living The Dream]

I have been using this card for several weeks now not a single glitch

[Ghenghis Kahn]

I have been using this card for several weeks now not a single glitch

this is good to hear.

[TheMoneyShot]

Just got my card today. But I suck at wagering. Have no $ to withdrawal.

Thank you Cleveland... and thank you San Jose for fukking up my life.

[kj8210]

Out of curiosity, if you have to give these card companies your SS number how is it any more anonymous than selling your BTC through an exchange or BTC ATM and then depositing into your every day checking account? Or is the only benefit of these cards to skip the middle step? Just curious as to what the attraction to these cards is.

[themike78]

Out of curiosity, if you have to give these card companies your SS number how is it any more anonymous than selling your BTC through an exchange or BTC ATM and then depositing into your every day checking account? Or is the only benefit of these cards to skip the middle step? Just curious as to what the attraction to these cards is.

Of course it's not anonymous at all. But the benefit of it is you can load your card in minutes and have access to cash much quicker than waiting a day or 2 for it to hit your bank account from the exchanges. I have no bitcoin atms any where near me. I like to get my money quick. Some people don't mind waiting, but not me.

[kj8210]

Of course it's not anonymous at all. But the benefit of it is you can load your card in minutes and have access to cash much quicker than waiting a day or 2 for it to hit your bank account from the exchanges. I have no bitcoin atms any where near me. I like to get my money quick. Some people don't mind waiting, but not me.

Gotcha. Also when you load the card does it sell the BTC instantly and load your card with USD or is it whenever its swiped, it sells the BTC and then uses the cash for the transaction? Because if its the latter doesn't that mean that the amount of money you'll have on that card will vary from day to day as the price of BTC fluctuates?

[themike78]

Card only holds u.s dollars. So when you load it with bitcoin it turns to dollars instantly on card. You can also load card other ways also like *************** from your employer.

[Grivas_Digeni]

How does BTC exchange rate fluctuation affect you (the debit card holder) if at all?

[themike78]

How does BTC exchange rate fluctuation affect you (the debit card holder) if at all?

It doesn't. All funds on card are in U.S dollars. Whenever you put money on card they go by what the bitcoin rate is at the time. But once it's on card it just stays as dollars.

[spro23]

bitpay's site on the 'debit card' section is blank. nothing to click on. anyone else see this?

[themike78]

I just tried it on my phone it works fine.

[ParlayKing1986]

First time using nitrogen..placed 100 on a 2 game parlay with 2 baseball first 5 unders...won..cashed out to card just to see how quickly id have it..15 minutes from nitrogen to bitpay card...able to withdraw from atm immediately! Cant beat it!! I wish 5d had instant bitcoin withdrawals..then would really have it made. Lol

[3runhomer]

First time using nitrogen..placed 100 on a 2 game parlay with 2 baseball first 5 unders...won..cashed out to card just to see how quickly id have it..15 minutes from nitrogen to bitpay card...able to withdraw from atm immediately! Cant beat it!! I wish 5d had instant bitcoin withdrawals..then would really have it made. Lol

Very good news

[themike78]

First time using nitrogen..placed 100 on a 2 game parlay with 2 baseball first 5 unders...won..cashed out to card just to see how quickly id have it..15 minutes from nitrogen to bitpay card...able to withdraw from atm immediately! Cant beat it!! I wish 5d had instant bitcoin withdrawals..then would really have it made. Lol

Yeah nitro the best with withdrawls. You can cashout at 4 in the morning. I wish the regular books would do that because as great as nitro is with payouts their betting options are not that great.

[Courtesywipe]

Card is working like a charm. Would love to see this method stick around through football season. If so it would honestly be the best payout method I have ever had. Honestly cashing out up to 3k almost intstant to cash in hands. If using Nitrogen obviously.

[kj8210]

Out of curiosity, can you transfer money that is on that card to another account? like to a personal checkings account?

[jsir99]

I just purchased my card. Time to win at nitrogen now!

[3runhomer]

Out of curiosity, can you transfer money that is on that card to another account? like to a personal checkings account?

Good question.

I was also wondering if money can be transferred to other accounts...

[tb1984]

Out of curiosity, can you transfer money that is on that card to another account? like to a personal checkings account?

I've been using this card for the last couple weeks, and I don't think you can transfer money to external accounts. So far, I've got my cash by either via ATM or cash back at cashier.

ATM fee is $2.5 and Bitpay charges another $2.00, so in my area, the fee for withdrawing $400(max for one transaction) is $4.50. I don't have to pay fee for cash back at cashier, but max I could get each time is $50.00

[kj8210]

Interesting...what about cryptopay? they also offer a debit card and it seems that the limits are alot higher than with bitpay. Does anyone have any experience with this?

[tb1984]

Interesting...what about cryptopay? they also offer a debit card and it seems that the limits are alot higher than with bitpay. Does anyone have any experience with this?

After a quick check, I think cryptopay is only for UK and Europe.

[kj8210]

After a quick check, I think cryptopay is only for UK and Europe.

Dam you're right I didnt see that. Of course BTC regulations in every other country except the US are so lenient.

[rangerz2478]

I've been using this card for the last couple weeks, and I don't think you can transfer money to external accounts. So far, I've got my cash by either via ATM or cash back at cashier.

ATM fee is $2.5 and Bitpay charges another $2.00, so in my area, the fee for withdrawing $400(max for one transaction) is $4.50. I don't have to pay fee for cash back at cashier, but max I could get each time is $50.00

Did you ever try going to a teller?

[tb1984]

Did you ever try going to a teller?

Bank teller? I don't think banks would accept this prepaid card.

[rangerz2478]

Bank teller? I don't think banks would accept this prepaid card.

I did with a card I received from bookmaker a couple years ago and was able to get a lot more than the atm limit for the one fee.

[themike78]

I've been using this card for the last couple weeks, and I don't think you can transfer money to external accounts. So far, I've got my cash by either via ATM or cash back at cashier.

ATM fee is $2.5 and Bitpay charges another $2.00, so in my area, the fee for withdrawing $400(max for one transaction) is $4.50. I don't have to pay fee for cash back at cashier, but max I could get each time is $50.00

If you go to a walmart at the money center area where they do money transfers you can get up to $1000 off of prepaid cards for $4 fee. I am sure it would work with bitpay card. I haven't had enough money on mine to try but it's a pretty good deal rather than doing multiple transactions and paying multiple fees.

[Ghenghis Kahn]

well i got the card today and it works fine. but the atm fee is $3.00 and $2.00 for bitpay so total $5.00. not bad but if you want to withdraw more than $750. it's gonna cost you another $5. it's a good backup to have for those emergency situations though.

also, when you withdraw, use the checking option. i kept picking credit card and it kept denying my transaction.

[spro23]

how long did it take your cards to arrive? My order said 7-10 business days hopefully its faster

[TheMoneyShot]

well i got the card today and it works fine. but the atm fee is $3.00 and $2.00 for bitpay so total $5.00. not bad but if you want to withdraw more than $750. it's gonna cost you another $5. it's a good backup to have for those emergency situations though.

also, when you withdraw, use the checking option. i kept picking credit card and it kept denying my transaction.

Thanks for the updates Kahn. All great info! Haven't used mine yet... I'm broke. Unless King James has something to say about that tonight

how long did it take your cards to arrive? My order said 7-10 business days hopefully its faster

Just giving you the heads up... you won't get it any faster. I think mine was on the 9th or 10th business day.

[killawookie]

You guys mention the card fees but not fees or whatever was taken out every time you moved your btc around. For $500 what would the typical total be taken away

[3runhomer]

You guys mention the card fees but not fees or whatever was taken out every time you moved your btc around. For $500 what would the typical total be taken away

It costs around $0.15 - $0.23 to transfer your bitcoin. It is a NON-FACTOR.

[TheMoneyShot]

Wonder if anyone will run into this problem... I was just reviewing some of the fees:

Dormancy Fee $5.00 - For each month following a 90 day period of inactivity until the card is used again.

Here is what they claim to do to avoid the fee. "Use your card at any participating ATM anywhere VSA is accepted at least every 90 days."


Ok... it clearly says use at the ATM to avoid the $5.00 fee. Could you just pay a bill or go out to eat and use your card once rather than going to an ATM? I was actually just going to use this card to pay common monthly bills etc.

[3runhomer]

Wonder if anyone will run into this problem... I was just reviewing some of the fees:

Dormancy Fee $5.00 - For each month following a 90 day period of inactivity until the card is used again.

Here is what they claim to do to avoid the fee. "Use your card at any participating ATM anywhere VSA is accepted at least every 90 days."


Ok... it clearly says use at the ATM to avoid the $5.00 fee. Could you just pay a bill or go out to eat and use your card once rather than going to an ATM? I was actually just going to use this card to pay common monthly bills etc.

I think that would suffice and work for sure.