Bitcoin debit card

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  • JayTris07
    SBR MVP
    • 05-10-14
    • 3010

    #176
    Received my card on Saturday, used it yesterday. Deposited $1000 into the card and made withdrawals from 2 different banks wit no problems. Just like using my debit card. Hope this never goes away.
    Comment
    • rangerz2478
      SBR MVP
      • 08-06-12
      • 1194

      #177
      For those who have deposited bitcoin onto the card, what have you noticed in terms of exchange rates? If you have lets say 5k in blockchain at the time of transaction, what ends up on the card? The prices can fluctuate so drastically from one site to another due to current volatility so curious what everyones experience has been like on this.
      Comment
      • rangerz2478
        SBR MVP
        • 08-06-12
        • 1194

        #178
        Originally posted by themike78
        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.
        But the rate can vary from one exchange to another, how exactly do they come up with the rate?
        Comment
        • rangerz2478
          SBR MVP
          • 08-06-12
          • 1194

          #179
          For example, current rates: 588 bitstamp, 591 bitfinex, 595 coinbase. There's no one general rate out there.
          Comment
          • ParlayKing1986
            SBR Sharp
            • 06-02-12
            • 278

            #180
            Saw no fluctuation from nitrogen to card directly..won witb you wager..gave my block chain address...for 1795..will see how much of it transfers to card. Will post update.
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61390

              #181
              Originally posted by rangerz2478
              But the rate can vary from one exchange to another, how exactly do they come up with the rate?
              There is no reference to a bitcoin rate in the terms but I think this applies;


              .
              Comment
              • TheMoneyShot
                BARRELED IN @ SBR!
                • 02-14-07
                • 28672

                #182
                Originally posted by 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.

                Just bumping this post.

                I'm curious if anyone else has tried to use other ATM's in your area etc.

                Could you post your amounts and your fees that you were charged?

                Just trying to keep track of this info etc.

                Seems like the highest is $750 + $5 fee.

                Is this the best rate so far?
                Comment
                • spro23
                  SBR MVP
                  • 07-17-15
                  • 1129

                  #183
                  Got mine 6 business days after ordering it. not bad
                  Comment
                  • TheAntFather
                    SBR MVP
                    • 03-14-11
                    • 3021

                    #184
                    Originally posted by spro23
                    Got mine 6 business days after ordering it. not bad
                    Do you have to use your name or social security to get a bitcoin debit card?
                    Comment
                    • LT Profits
                      SBR Aristocracy
                      • 10-27-06
                      • 90963

                      #185
                      Originally posted by rangerz2478
                      But the rate can vary from one exchange to another, how exactly do they come up with the rate?
                      The BBB (Bitcoin Best Bid)

                      Comment
                      • TheMoneyShot
                        BARRELED IN @ SBR!
                        • 02-14-07
                        • 28672

                        #186
                        Question on this Bitpay card.

                        Ok... so I accessed the bitpay log in page. Went to send bitcoin. Typed in $637.20 and it gave me the bitcoin address to send it to and the BTC amount was 0.987876

                        I got a confirmation email saying my card was loaded:

                        USD: $637.20
                        BTC: 0.987876
                        Exchange Rate: $645.02
                        Transaction Time: 2:54 PM Eastern


                        My question is... did I just get robbed on this transaction? How come the exchange rate was $645.02 but they only credit my card with $637.20

                        What did I do wrong here? Any advice?
                        Comment
                        • LT Profits
                          SBR Aristocracy
                          • 10-27-06
                          • 90963

                          #187
                          Looks perfect, exchange rate is $645.02 per Btc, you only funded 0.987876
                          Comment
                          • TheMoneyShot
                            BARRELED IN @ SBR!
                            • 02-14-07
                            • 28672

                            #188
                            Originally posted by LT Profits
                            Looks perfect, exchange rate is $645.02 per Btc, you only funded 0.987876
                            Ah... I see what you mean. 1 BTC = 645.02 at that time. That went over my head.

                            Still trying to get familiar with all this stuff. Thanks LT
                            Comment
                            • themike78
                              SBR MVP
                              • 07-01-13
                              • 4873

                              #189
                              Originally posted by TheAntFather
                              Do you have to use your name or social security to get a bitcoin debit card?
                              Yes. It's just like any other bank issued debit card or prepaid debit card. Not anonymous but convenient.
                              Comment
                              • Zenyatta 19-1
                                SBR MVP
                                • 11-18-10
                                • 1831

                                #190
                                how do I withdraw from nitrogen straight to my bit card?? How do I find my address for the card
                                Comment
                                • Zenyatta 19-1
                                  SBR MVP
                                  • 11-18-10
                                  • 1831

                                  #191
                                  wow nevermind I get it!
                                  Comment
                                  • rangerz2478
                                    SBR MVP
                                    • 08-06-12
                                    • 1194

                                    #192
                                    Originally posted by LT Profits
                                    It's competitive, but looks to be on the low side compared to exchanges. At the moment it's only a couple bucks off but was looking the other day and it was $5-$10 per bitcoin.

                                    Comment
                                    • Optional
                                      Administrator
                                      • 06-10-10
                                      • 61390

                                      #193
                                      Originally posted by rangerz2478

                                      It's competitive, but looks to be on the low side compared to exchanges. At the moment it's only a couple bucks off but was looking the other day and it was $5-$10 per bitcoin.

                                      https://tradeblock.com/markets/bfnx/xbt-usd/1h/
                                      If you think it is "off" by whatever amount, then it is advantageous to one side, either buying or selling.

                                      So it evens out after a deposit/withdrawal cycle at a sportsbook.

                                      It's not right to call it 'off' though. There is no 'correct' price but this is better than trying to quote a specific exchange's rate moment to moment as that can be way off the market average at times.
                                      .
                                      Comment
                                      • hello1234567
                                        SBR High Roller
                                        • 12-05-13
                                        • 231

                                        #194
                                        Just ordered mine yesterday. Can't wait to use it and see how it will work out.
                                        Comment
                                        • hello1234567
                                          SBR High Roller
                                          • 12-05-13
                                          • 231

                                          #195
                                          Do you send directly from book to card or book to blockchain to card? Timeframe it takes to receive bitcoins to the card?

                                          Originally posted by TheMoneyShot
                                          Question on this Bitpay card.

                                          Ok... so I accessed the bitpay log in page. Went to send bitcoin. Typed in $637.20 and it gave me the bitcoin address to send it to and the BTC amount was 0.987876

                                          I got a confirmation email saying my card was loaded:

                                          USD: $637.20
                                          BTC: 0.987876
                                          Exchange Rate: $645.02
                                          Transaction Time: 2:54 PM Eastern


                                          My question is... did I just get robbed on this transaction? How come the exchange rate was $645.02 but they only credit my card with $637.20

                                          What did I do wrong here? Any advice?
                                          Comment
                                          • Ghenghis Kahn
                                            SBR Posting Legend
                                            • 01-02-12
                                            • 19734

                                            #196
                                            Originally posted by hello1234567
                                            Do you send directly from book to card or book to blockchain to card? Timeframe it takes to receive bitcoins to the card?
                                            book to blockchain then to the card is recommended. time frame should be pretty much instant.
                                            Comment
                                            • Courtesywipe
                                              SBR MVP
                                              • 09-02-11
                                              • 1623

                                              #197
                                              Heritage to Blockchain to card. All within an hour. $5 fee for withdrawal from ATM. $1100 total. Hope this last for a year or two. At least through football season would be nice. Nothing like cashing out from book and having cash in hand same day.
                                              Comment
                                              • nymfan99
                                                SBR Sharp
                                                • 08-15-15
                                                • 260

                                                #198
                                                these cards ask for SSN?
                                                Comment
                                                • CubsFan8301
                                                  SBR Rookie
                                                  • 07-05-16
                                                  • 6

                                                  #199
                                                  I went to bitpay and it asked for my organization name? Do I have to sign up through bitpay or do I just click on the debit card link and sign up for the debit card without a bitpay account? Or if I need a bitpay account before getting a bitpay debit card what do I put for organization name?? Thanks
                                                  Comment
                                                  • Courtesywipe
                                                    SBR MVP
                                                    • 09-02-11
                                                    • 1623

                                                    #200
                                                    Originally posted by CubsFan8301
                                                    I went to bitpay and it asked for my organization name? Do I have to sign up through bitpay or do I just click on the debit card link and sign up for the debit card without a bitpay account? Or if I need a bitpay account before getting a bitpay debit card what do I put for organization name?? Thanks
                                                    Come again ?
                                                    Comment
                                                    • TheMoneyShot
                                                      BARRELED IN @ SBR!
                                                      • 02-14-07
                                                      • 28672

                                                      #201
                                                      Originally posted by CubsFan8301
                                                      I went to bitpay and it asked for my organization name? Do I have to sign up through bitpay or do I just click on the debit card link and sign up for the debit card without a bitpay account? Or if I need a bitpay account before getting a bitpay debit card what do I put for organization name?? Thanks
                                                      Originally posted by Courtesywipe

                                                      Come again ?
                                                      People are getting confused whether they should sign up on BitPay's "main log in" page? Or sign up on the Bitpay Card page?

                                                      Make sure you find the link to click on the "Card" it's at the bottom of the main page. All the way at the bottom.

                                                      Then it takes you to the page... "Order Card" which should be very top right of the page. Then follow the steps.

                                                      There is a fee to order the card and once you receive the card in the mail.... register your card... and then you can sign in.
                                                      Comment
                                                      • CubsFan8301
                                                        SBR Rookie
                                                        • 07-05-16
                                                        • 6

                                                        #202
                                                        Originally posted by TheMoneyShot
                                                        People are getting confused whether they should sign up on BitPay's "main log in" page? Or sign up on the Bitpay Card page?

                                                        Make sure you find the link to click on the "Card" it's at the bottom of the main page. All the way at the bottom.

                                                        Then it takes you to the page... "Order Card" which should be very top right of the page. Then follow the steps.

                                                        There is a fee to order the card and once you receive the card in the mail.... register your card... and then you can sign in.
                                                        thanks, I will order the card now
                                                        Comment
                                                        • nymfan99
                                                          SBR Sharp
                                                          • 08-15-15
                                                          • 260

                                                          #203
                                                          what about SSN required?
                                                          Comment
                                                          • TheMoneyShot
                                                            BARRELED IN @ SBR!
                                                            • 02-14-07
                                                            • 28672

                                                            #204
                                                            Originally posted by nymfan99
                                                            what about SSN required?
                                                            It is required as one of the steps unfortunately.
                                                            Comment
                                                            • Ironman07
                                                              SBR Wise Guy
                                                              • 05-16-10
                                                              • 615

                                                              #205
                                                              Just checking to see if those who have ordered recently have received their cards yet? I know form past discussions there appeared to a lag before... Thanks
                                                              Comment
                                                              • Natty68
                                                                SBR Wise Guy
                                                                • 05-11-14
                                                                • 550

                                                                #206
                                                                Sooo, this alleviates any bank involvement? You can just go to an ATM and withdraw cash?
                                                                Comment
                                                                • Optional
                                                                  Administrator
                                                                  • 06-10-10
                                                                  • 61390

                                                                  #207
                                                                  Originally posted by Natty68
                                                                  Sooo, this alleviates any bank involvement? You can just go to an ATM and withdraw cash?
                                                                  You can just go to the ATM and withdraw... but a bank issues the card so you are not free of bank involvement and their regulations.
                                                                  .
                                                                  Comment
                                                                  • BeatTheJerk
                                                                    BARRELED IN @ SBR!
                                                                    • 08-19-07
                                                                    • 31794

                                                                    #208
                                                                    This card works at any ATM ? Or only a Bitcoin ATM, excuse me if this has been answered & or is an ignorant question.
                                                                    Comment
                                                                    • BeatTheJerk
                                                                      BARRELED IN @ SBR!
                                                                      • 08-19-07
                                                                      • 31794

                                                                      #209
                                                                      What's the max you can send to a blockchain wallet ?
                                                                      Comment
                                                                      • BeatTheJerk
                                                                        BARRELED IN @ SBR!
                                                                        • 08-19-07
                                                                        • 31794

                                                                        #210
                                                                        Never mind I googled it & my answers.
                                                                        Comment
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