Bit-X is the worst bitcoin prepaid card ever

[halim]

hi

Just wanna lets you know that bit-X is the worst prepaid card DONT FUCKING BUY IT cause :

1 - In order to cashout from ATM , every transaction amount must be less than 70% of your balance (MotherFuckers)

2 - its funny how they say Monthly fees is free for the first 10000 users ... (MotherFuckers)

3 - Fees are too fucking high and so shady.

4 - i think e-coin.io is the best card (Not sure).


And other things i think a respected member will mention them soon .


F***k You Bit-X

[Professor Plums]

All these cards don't seem worth it due to the fees. Bit-x aren't really any different though the fees are what makes me stay away. Hopefully they'll all lower them at some point when nobody is using them.

[halim]

I think most of these card have similar disadvantage, especially high fees.
But, it's still better than regular prepaid card

Just send your bitcoin to your wallet in smartphone & use it as payment

"it's still better than regular prepaid card"  Are you fucking high ?

[AtheistAKASaneBrain]

All prepaid cars are a joke compared to simply moving your funds from your main wallet to a Mycellium wallet in your smartphone. I'm not paying a single satoshi in fees to those guys.

[Slark]

This is more like service discussion thread that bitcoin discussion imo. And yes op you are somewhat right. Bitcoin debits/prepaid/credit cards are bad, really bad.
It does not matter if it is card issued Bit-X or any other company it is still the way for them to earn money on you. Personally I would not buy any bitcoin card.
It is not supporting bitcoin economy it is rather supporting parasitic satellite bitcoin services.

[g1974ak]

Good to know. I saw time ago a signature campaign from bit-x and I saw that they give a debit card. Not interested because don't have to many bitcoins to spend with debit card and don't have continues flow in bitcoin to use it. So leave it as a possibility. Now I must tell thank you. My few bitcoin will be destroyed from this debit card and me instead of having more will have nothing.

[halim]

Good to know. I saw time ago a signature campaign from bit-x and I saw that they give a debit card. Not interested because don't have to many bitcoins to spend with debit card and don't have continues flow in bitcoin to use it. So leave it as a possibility. Now I must tell thank you. My few bitcoin will be destroyed from this debit card and me instead of having more will have nothing.

Np, And thank you all for supporting bitcoins without crazy rules and fees 

[b-trading]

Why i must to have bitcoin card as simple just use mobile bitcoin wallet for smatphone from mycelium or anything

[Amph]

the whole point of bitcoin is to remove completely credit debit card and anythign related to fiat, and for this reason i'm against unification of bitcoin with fiat in this way

why people can not simply use bitcoin where they accept bitcoin with their smarthphone, and leave the rest for fiat for now, when bitcoin will reach a bigger adoption you will be able to use it directly without any bullshit auto conversion

[halim]

Why i must to have bitcoin card as simple just use mobile bitcoin wallet for smatphone from mycelium or anything

Sometimes people need or forced to buy things with cash anyways
can you please explaine more , and thank you again for the above replies.

[wadili89]

not just bit-x even its not their fault every bitcoin card will have same fees even more because they use mastercard ,mastercard take their fee from each transaction and bit-x also have to earn something so overall fee become to much for the users even i am not intrested in any card when you can use your bitcoins at more intresting ways

[HostFat]

E-coin.io, Xapo and advcash cards are all using the same bank:
http://wavecrest.gi/index.php/products/corporate-payments

They are good "currently".

[Alley]

I'm waiting for a 0% fee card. 

[ajareselde]

hi

Just wanna lets you know that bit-X is the worst prepaid card DONT FUCKING BUY IT cause :

1 - In order to cashout from ATM , every transaction amount must be less than 70% of your balance (MotherFuckers)

2 - its funny how they say Monthly fees is free for the first 10000 users ... (MotherFuckers)

3 - Fees are too fucking high and so shady.

4 - i think e-coin.io is the best card (Not sure).

1 - Due to conversion from btc to fiat, and fees that come with using bank ATM, sometimes the complete cost cant be instantly accurately calculated so
they can either reserve more balance or to limit the overall witdrawal.

2 - It's a promotion, should be a good thing ?

3 - Fee's are not shady, maybe you don't understand them, but i would like to see them lower as well

4 - This is probably why you created this thread, to promote them

cheers

[5dollarbill]

I'm waiting for a 0% fee card. 

i don't see how that can be possible

[halim]

hi

Just wanna lets you know that bit-X is the worst prepaid card DONT FUCKING BUY IT cause :

1 - In order to cashout from ATM , every transaction amount must be less than 70% of your balance (MotherFuckers)

2 - its funny how they say Monthly fees is free for the first 10000 users ... (MotherFuckers)

3 - Fees are too fucking high and so shady.

4 - i think e-coin.io is the best card (Not sure).

1 - Due to conversion from btc to fiat, and fees that come with using bank ATM, sometimes the complete cost cant be instantly accurately calculated so
they can either reserve more balance or to limit the overall witdrawal.

2 - It's a promotion, should be a good thing ?

3 - Fee's are not shady, maybe you don't understand them, but i would like to see them lower as well

4 - This is probably why you created this thread, to promote them

cheers

To promote them ? with your anonymouse profile pic i though your answer will be the best, But ok, first you didnt say shit about "In order to cashout from ATM , every transaction amount must be less than 70% of your balance"

Second thing you seems u are the owner of that site (or related to it),  if so than you will not like this thread because you are an ugly fees motherfucker.

People like you are the reason why this world is fucked up. they know something is wrong but they keep making it looks right for thier personal benefits.



Again F***k You Bit-X

[ajareselde]

To promote them ? with you anonymouse profile pic i though your answer will be the best, But ok, first you didnt say shit about "In order to cashout from ATM , every transaction amount must be less than 70% of your balance"

Second thing you seems u are the owner of that site (or related to it),  if so than you will not like this thread because you are an ugly fees motherfucker.

People like you are the reason why this world is fucked up. they know something is wrong but they keep making it looks right.

Again F***k You Bit-X

Dude, there can be no bussines without fees, do you not understand that ?

Look at this example: I'm also a Skrill debit card user, and each time i withdraw from ATM using Skrill card, they take :
- the amount i requested from my balance
- the fee for conversion from usd to my local currency
- the ATM usage fee (bank takes that)
- + they take about 5% extra from the balance that they keep until they make sure there are no extra costs. And then they return that to my account.

Overall, the fees are really high, but thats just because you are using multiple services/company's in making your witdrawal, and ever single one o them wants their cut.
What were we supposed to do ? To curse each one of them because we don't like their prices ?

btw it's not nice to insult people like you did just now, and no, i am not the owner of bit-x. (i wish i was tho)

cheers

[halim]

To promote them ? with you anonymouse profile pic i though your answer will be the best, But ok, first you didnt say shit about "In order to cashout from ATM , every transaction amount must be less than 70% of your balance"

Second thing you seems u are the owner of that site (or related to it),  if so than you will not like this thread because you are an ugly fees motherfucker.

People like you are the reason why this world is fucked up. they know something is wrong but they keep making it looks right.

Again F***k You Bit-X

Dude, there can be no bussines without fees, do you not understand that ?

Look at this example: I'm also a Skrill debit card user, and each time i withdraw from ATM using Skrill card, they take :
- the amount i requested from my balance
- the fee for conversion from usd to my local currency
- the ATM usage fee (bank takes that)
- + they take about 5% extra from the balance that they keep until they make sure there are no extra costs. And then they return that to my account.

Overall, the fees are really high, but thats just because you are using multiple services/company's in making your witdrawal, and ever single one o them wants their cut.
What were we supposed to do ? To curse each one of them because we don't like their prices ?

btw it's not nice to insult people like you did just now, and no, i am not the owner of bit-x. (i wish i was tho)

cheers

You said they take :

- the amount i requested from my balance Wtf is that ?  you mean fees ? if so than it better than bit-X .

- the fee for conversion from usd to my local currency -  everyone knows that, it has nothing to do with skrill

- the ATM usage fee (bank takes that)   everyone knows that, it has nothing to do with skrill

Loook Bit-X has crazy rules and fees. Simply they are motherfuckers!

[ajareselde]

You said they take :

- the amount i requested from my balance Wtf is that ?  you mean fees ? if so than it better than bit-X .

- the fee for conversion from usd to my local currency -  everyone knows that, it has nothing to do with skrill

- the ATM usage fee (bank takes that)   everyone knows that, it has nothing to do with skrill

Loook Bit-X has crazy rules and fees. Simply they are motherfuckers!

Let me break it down for you;

When i want to make ATM withdrawal from :
- bitx : 0,01 btc fee + 3% bank commission (on 1000 USD, fees are ~ 3,6 %)
- Skrill; first i loose about 5-10% exchanging btc to skrill here on forum, then additional ~4% in currency conversion and ATM fee's (on 1000 USD, that's ~ 9-14 %)

My advice to you is to use POS payments and purchase goods directly in store, and in larger sums, due to 0,002 btc fee per transaction.

cheers

[Hazir]

You said they take :

- the amount i requested from my balance Wtf is that ?  you mean fees ? if so than it better than bit-X .

- the fee for conversion from usd to my local currency -  everyone knows that, it has nothing to do with skrill

- the ATM usage fee (bank takes that)   everyone knows that, it has nothing to do with skrill

Loook Bit-X has crazy rules and fees. Simply they are motherfuckers!

Let me break it down for you;

When i want to make ATM withdrawal from :
- bitx : 0,01 btc fee + 3% bank commission (on 1000 USD, fees are ~ 3,6 %)
- Skrill; first i loose about 5-10% exchanging btc to skrill here on forum, then additional ~4% in currency conversion and ATM fee's (on 1000 USD, that's ~ 9-14 %)

My advice to you is to use POS payments and purchase goods directly in store, and in larger sums, due to 0,002 btc fee per transaction.

cheers

This is exactly reason why you should stick to using bitcoin directly or fiat directly maybe other altcoin/payment system on their own but without mixing things up.
Exchange rates and fees when you are using bitcoin via some 3rd party service are bad. Skrill exchange rates are bad. Boycott these services and aim for the direct bitcoin adoption!