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Author Topic: [ANN] Bitcoin Debit Card | BIT-X.com | Anonymous or Named | Low Fees!  (Read 42668 times)
BIT-X.com (OP)
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March 29, 2015, 09:27:07 AM
Last edit: September 28, 2015, 09:31:05 PM by BIT-X.com
 #1


Official exchange announcement thread can be found here: https://bitcointalk.org/index.php?topic=874312


For all urgent site enquiries please leave support a message at: https://bit-x.com/customer/support


Introducing The BIT-X Bitcoin Debit Card Range.

Order your card today! https://card.bit-x.com

More information: https://card.bit-x.com & https://bit-x.com/guide/bitx-cards



Quote
The BIT-X Debit Card is a revolutionary debit card with realtime currency conversions. You can use it everywhere, to shop online, pay for goods & services, withdraw cash at ATMs worldwide using any of your balances: BTC, LTC, USD, EUR and GBP.
Now with a new cashback reward system!


We are pleased to announce the Bitcoin community's Crypto Debit Cards from BIT-X.com!


The BIT-X Debit Cards specifications are as follows (for more information: https://bit-x.com/guide/bitx-cards):



* An active card is a card with at least one transaction per month.
** POS (Point of Sale) Transactions - In-shop or online payments.
*** Currency conversion only applies if a transaction is made in a currency other than the card's currency.
Card closure may come with a fee.
Fees are subject to change. If they do, all users will be notified appropriately and well in advance.


Cashback Rewards
The first Bitcoin debit card with its own reward system!
For every 0.01 USD, EUR or GBP spent through the Bit-X Debit Card, your account will be credited with 10 satoshi (0.0000001 BTC). Bonuses are credited automatically every day at 12:00 AM UTC (00:00 UTC).


Security Features
Users can set daily and monthly limits as well as limits for all card operations made using the magnetic stripe.
Users can restrict payments to one country.
Users can set individual wallet priorities (which to charge from) and link or unlink wallets to the card at any time.

PIN code changes are not currently possible. In the case of a damaged or lost card, immediately contact our support, unlink all of your wallets from your card and switch it off in your balance page.


Cards will work in all countries.

Residents from the following countries may order only Anonymous Limited cards:
Afghanistan, Albania, Algeria, Angola, Cambodia, Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Democratic People's Republic of Korea, Lao People's Democratic Republic, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Romania, Sudan, Syrian Arab Republic, Uganda, United States and Minor Outlying Islands, Yemen, Zimbabwe.

Residents from the following countries may not order Named cards:
Afghanistan, Algeria, Angola, Azerbaijan, Bangladesh, Burkina Faso, Burundi, Cambodia, Cameroon, Central African Republic, Chad, Colombia,Comoros, Congo, Congo, the Democratic Republic of the, Côte d'Ivoire, Cuba, Djibouti, Ecuador, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, Honduras, India, Iran, Iraq, Kenya, Democratic People's Republic of Korea, Kyrgyzstan, Lao People's Democratic Republic, Lebanon, Liberia, Libya, Macao, Madagascar, Malawi, Mali, Mauritania, Mozambique, Myanmar, Namibia, Niger, Nigeria, Niue, Pakistan, Palestine, State of, Rwanda, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Sri Lanka, Syrian Arab Republic, Swaziland, Tajikistan, Tanzania, United Republic of, Timor-Leste, Togo, Turkmenistan, Uganda, United States, Uzbekistan, Venezuela, Bolivarian Republic of, Viet Nam, Western Sahara, Yemen, Zambia, Zimbabwe.


Registered office: Portland House, Bressenden Place, London, SW1E 5RS, United Kingdom.
© 2014 bit-x
bit-x.com is a trademark of XBIT Ltd., a licensed Forex participant

BIT-X.com (OP)
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March 29, 2015, 09:28:22 AM
Last edit: April 04, 2015, 04:31:28 PM by BIT-X.com
 #2

The monthly fee is now waived (free) for the first 10,000 users! The inactive fee still applies.



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March 29, 2015, 09:43:30 AM
 #3

Is this card is available for citizens of India ? most of the card issuers didnt accept the peoples of India, because of some rules... do you ?

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March 29, 2015, 10:13:20 AM
 #4

thats a great news, thanks for the info, sorry I just prejudice, thats why didnt read the post before commenting

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March 29, 2015, 11:53:52 AM
 #5

restriction to usa for shipping? that's strange...anyway commission are bit too high imho, I hoped it was less expensive...
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March 29, 2015, 11:58:44 AM
 #6

Countries where the BIT-X Debit MasterCard will not be shipped to for the time being due to Financial Action Task Force (FATF) and Central Bank restrictions:
 
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe.

Ooops I was really waiting for this master card since long time, and at last when it is going to release, Now the problem is you can not ship it in Pakistan.
Will you be able to ship in next future or its permanent ?

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March 29, 2015, 04:38:17 PM
 #7

Countries where the BIT-X Debit MasterCard will not be shipped to for the time being due to Financial Action Task Force (FATF) and Central Bank restrictions:
 
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe.

Ooops I was really waiting for this master card since long time, and at last when it is going to release, Now the problem is you can not ship it in Pakistan.
Will you be able to ship in next future or its permanent ?

Country restrictions are just for the time being until those countries' laws and regulations allow for such a card.
irfan_pak10
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March 29, 2015, 04:42:43 PM
 #8

Countries where the BIT-X Debit MasterCard will not be shipped to for the time being due to Financial Action Task Force (FATF) and Central Bank restrictions:
 
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe.

Ooops I was really waiting for this master card since long time, and at last when it is going to release, Now the problem is you can not ship it in Pakistan.
Will you be able to ship in next future or its permanent ?

Country restrictions are just for the time being until those countries' laws and regulations allow for such a card.

It means that i cant enjoy your master card. I was really looking for some thing you started buy alaass i could not get it.

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March 29, 2015, 04:44:57 PM
 #9

Countries where the BIT-X Debit MasterCard will not be shipped to for the time being due to Financial Action Task Force (FATF) and Central Bank restrictions:
 
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe.

Ooops I was really waiting for this master card since long time, and at last when it is going to release, Now the problem is you can not ship it in Pakistan.
Will you be able to ship in next future or its permanent ?

Country restrictions are just for the time being until those countries' laws and regulations allow for such a card.

It means that i cant enjoy your master card. I was really looking for some thing you started buy alaass i could not get it.

I will make sure that as soon as it is possible, Pakistan and all other currently unavailable countries will be accepted!
irfan_pak10
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March 29, 2015, 04:46:37 PM
 #10

Countries where the BIT-X Debit MasterCard will not be shipped to for the time being due to Financial Action Task Force (FATF) and Central Bank restrictions:
 
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe.

Ooops I was really waiting for this master card since long time, and at last when it is going to release, Now the problem is you can not ship it in Pakistan.
Will you be able to ship in next future or its permanent ?

Country restrictions are just for the time being until those countries' laws and regulations allow for such a card.

It means that i cant enjoy your master card. I was really looking for some thing you started buy alaass i could not get it.

I will make sure that as soon as it is possible, Pakistan and all other currently unavailable countries will be accepted!

I think I should have to varify my account now to get your master card when it is available for free?

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marcotheminer
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March 29, 2015, 04:49:01 PM
 #11

I think I should have to varify my account now to get your master card when it is available for free?

Up to you, I would get verified either way so that you exchange and withdraw USD/EUR/GBP in larger amounts.
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March 29, 2015, 06:26:31 PM
 #12

which is documents required for basic verification?
is that shipping fee included in that 0.05BTC?
marcotheminer
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March 29, 2015, 07:10:40 PM
 #13

which is documents required for basic verification?
is that shipping fee included in that 0.05BTC?

Quote
To get basic verification, fill in the form, enter your personal info and your living address and attach the documents confirming the information provided.

The verification form can be found here: https://bit-x.com/account/verification.

You will be required to provide personal information (full legal name, address, date of birth), and proof of personal data and residential address. This can include: the scan of a national ID, passport, utility bill, government certificate of residency, and/or a tax declaration form.

Regular shipping is free, card issuance costs 0.05BTC (this 0.05BTC is waived if you complete basic verification by April 1 or are part of the signature campaign).
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March 29, 2015, 07:53:23 PM
 #14

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

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marcotheminer
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March 29, 2015, 08:06:24 PM
 #15

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

Great to see users taking advantage of the limited time offer!

For each ATM withdrawal, BIT-X charges 0.02BTC while MasterCard charges 3% of the amount withdrawn.
Reynaldo
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March 30, 2015, 02:10:23 PM
 #16

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

Great to see users taking advantage of the limited time offer!

For each ATM withdrawal, BIT-X charges 0.02BTC while MasterCard charges 3% of the amount withdrawn.

Thats ~5.5 usd dollars + 3% deposit.. will the 0.02 BTC change with time? If btc goes up, it should go down and the other way around?

Edit: my bad, i was refering to the 3% of the withdrawn. Still it would actually be 3% of the deposit if i solely used my bit-x account with my future bitcoin debitcard.

marcotheminer
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March 30, 2015, 02:12:31 PM
 #17

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

Great to see users taking advantage of the limited time offer!

For each ATM withdrawal, BIT-X charges 0.02BTC while MasterCard charges 3% of the amount withdrawn.

Thats ~5.5 usd dollars + 3% deposit.. will the 0.02 BTC change with time? If btc goes up, it should go down and the other way around?

It's not 3% on the deposit, only if you withdraw cash from an ATM.

Fees are subject to change (go down if need be).
redsn0w
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March 30, 2015, 02:18:30 PM
 #18

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

Great to see users taking advantage of the limited time offer!

For each ATM withdrawal, BIT-X charges 0.02BTC while MasterCard charges 3% of the amount withdrawn.

Thats ~5.5 usd dollars + 3% deposit.. will the 0.02 BTC change with time? If btc goes up, it should go down and the other way around?

It's not 3% on the deposit, only if you withdraw cash from an ATM.

Fees are subject to change (go down if need be).


So if I will request this card and receive it, when I "want" to withdraw cash from an ATM should I pay every time these 0.02 bitcoins? It doesn't seem a big deal at all, isn't it? Correct me if I a wrong, thanks.
marcotheminer
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March 30, 2015, 02:29:28 PM
 #19

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

Great to see users taking advantage of the limited time offer!

For each ATM withdrawal, BIT-X charges 0.02BTC while MasterCard charges 3% of the amount withdrawn.

Thats ~5.5 usd dollars + 3% deposit.. will the 0.02 BTC change with time? If btc goes up, it should go down and the other way around?

It's not 3% on the deposit, only if you withdraw cash from an ATM.

Fees are subject to change (go down if need be).


So if I will request this card and receive it, when I "want" to withdraw cash from an ATM should I pay every time these 0.02 bitcoins? It doesn't seem a big deal at all, isn't it? Correct me if I a wrong, thanks.

That's correct. You'll have to pay the BIT-X commission of 0.02BTC and the 3% MasterCard commission.
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March 30, 2015, 02:49:26 PM
 #20

I contacted support before,verified account and I will be able to get card for free.
I do not understand ATM withdrawal fee I have to pay 0.02BTC per transaction + 3% of the amount?

Great to see users taking advantage of the limited time offer!

For each ATM withdrawal, BIT-X charges 0.02BTC while MasterCard charges 3% of the amount withdrawn.

Thats ~5.5 usd dollars + 3% deposit.. will the 0.02 BTC change with time? If btc goes up, it should go down and the other way around?

It's not 3% on the deposit, only if you withdraw cash from an ATM.

Fees are subject to change (go down if need be).



So if I will request this card and receive it, when I "want" to withdraw cash from an ATM should I pay every time these 0.02 bitcoins? It doesn't seem a big deal at all, isn't it? Correct me if I a wrong, thanks.

That's correct. You'll have to pay the BIT-X commission of 0.02BTC and the 3% MasterCard commission.

You brought revolutionary idea but there are few things to be reviewed in my opinion firstly the fee is very very high which is contrary the bitcoin's concept like digital currency with tiny fee and independence with some sort of privacy. Secondly, If I provide all my personal data then what is the advantage of this card over traditional one ?
P.S. With no verification option is very little amount can be used in lifetime. This is what should be top priority to make it complete no verification with any amount of use.
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