CoinsBank Card ?

[OmegaStarScream]

So , Bit-x changed to CoinsBank (or merged or whatever really happened . I'm not really sure).
Anyone tried CoinsBank credit card ? (someone told me it's Visa but I'm not sure either) so If someone have it and could give us some inforamtion's , that would be awesome .

[Alaki]

I've browsed about them over the web & 've found something there. I'd entreat you to have a look over here-> https://coinsbank.com/cards . I'd guess that they're also giving out virtual visa prepaid cards (created in 5minutes). However, I do prefer to order (buy) a physical card. Personally, I've not tested 'em yet but probably will after hearing some feedbacks (about the cards).

[biggbox]

They have six kinds of cards available. Descriptions of them are slightly vague too. Anyone knows what are the extra fees? Can't seem to find it on their site without an account.

[OmegaStarScream]

It seems like you can login into your CoinsBank account using your Bit-x.com Credentials .
So , I'm not sure why but I can't seem to find anything about the Virtual cards on my account . and It seems like not all types are available for every country (some countries are restricted)

[Decoded]

From what I can tell, it's a bitcoin debit card. (I know, im a genius.)

It would probably be like a card from cryptopay or Spectrocoin, which basically goes like this. (Cryptopay, Spectrocoin and bit-x are all exchanges FYI)

1. You deposit BTC into the exchange.
2. You load the card with the bitcoin. (This is done by the site selling your bitcoin and using the fiat obtained to most onto a third party credit card.)
3. You visit the 3rd party, like choicecorporate.com, and they have your card loaded and ready to use.

TL;DR: Bit-X/CoinsBank are selling your bitcoin and putting fiat into your card for you.

[OmegaStarScream]

From what I can tell, it's a bitcoin debit card. (I know, im a genius.)

It would probably be like a card from cryptopay or Spectrocoin, which basically goes like this. (Cryptopay, Spectrocoin and bit-x are all exchanges FYI)

1. You deposit BTC into the exchange.
2. You load the card with the bitcoin. (This is done by the site selling your bitcoin and using the fiat obtained to most onto a third party credit card.)
3. You visit the 3rd party, like choicecorporate.com, and they have your card loaded and ready to use.

TL;DR: Bit-X/CoinsBank are selling your bitcoin and putting fiat into your card for you.

I already know all the information's you provided , I just wanted to know few things about the card it self ,(fees etc ...)
CoinsBank doesn't even answer me properly on their announcement topic and ask me to go to support while I only asked how I'm supposed to get the Virtual card because It doesn't give me the option to do that (simple question , right)

[marcotheminer]

The CoinsBank card is the same as what BIT-X offered (BIT-X just changed name to become CoinsBank, not the underlying services they offer).

The cards still function as they did before, your CoinsBank wallet can hold any of the following currencies: BTC, LTC, USD, EUR, GBP and RUB. When you use the card at an ATM or a shop or online, funds are converted at that time from whatever balance you have and decided to use (you can decide what balances should be used and to what amounts on the site) and the funds are spent through the card.

Let me know if you have any more questions

A fee structure table will be released this week, until then they are the same as before: https://bitcointalk.org/index.php?topic=1006153.0

The reward structure is still active too!

[OmegaStarScream]

The CoinsBank card is the same as what BIT-X offered (BIT-X just changed name to become CoinsBank, not the underlying services they offer).

The cards still function as they did before, your CoinsBank wallet can hold any of the following currencies: BTC, LTC, USD, EUR, GBP and RUB. When you use the card at an ATM or a shop or online, funds are converted at that time from whatever balance you have and decided to use (you can decide what balances should be used and to what amounts on the site) and the funds are spent through the card.

Let me know if you have any more questions

A fee structure table will be released this week, until then they are the same as before: https://bitcointalk.org/index.php?topic=1006153.0

The reward structure is still active too!

Thanks for your answer Marco .
Only question I have is how to order the Virtual cards ? I tried to change the country but Virtual cards are still not listed there so I suppose it's not working yet ? only thing I have are the physical cards .

[biggbox]

The CoinsBank card is the same as what BIT-X offered (BIT-X just changed name to become CoinsBank, not the underlying services they offer).

The cards still function as they did before, your CoinsBank wallet can hold any of the following currencies: BTC, LTC, USD, EUR, GBP and RUB. When you use the card at an ATM or a shop or online, funds are converted at that time from whatever balance you have and decided to use (you can decide what balances should be used and to what amounts on the site) and the funds are spent through the card.

Let me know if you have any more questions

A fee structure table will be released this week, until then they are the same as before: https://bitcointalk.org/index.php?topic=1006153.0

The reward structure is still active too!

HI Marco. Thanks. Glad that you are showing an interest in engaging forum members. :-) I will relook how the CoinsBank/Bit-x could serve my needs.

[JeanMcCoy]

I've been using such a card for 1 month now. I used to have E-coins card but their conversation rate from BTC/USD is not attractive price wise.
Therefore i tried Bit-X and so far I like it.

[OmegaStarScream]

I'm going to lose my mind very soon since I can't find where the hell is "Virtual cards" ? I only where I order physical cards but nothing about virtual (I tried to change countries and stuff but nothing really helps).

[wesley32]

love BIT-X virtual card works pefectly, and exchange rate also good

[stefano76]

How fast people have got their bank verification?

I've been waiting for the anonymous card (not the one issued by WaveCrest) to be verified for level 4 almost two months, and support doesn't give any real answers.

[Flanagan]

Looked over all the information on Named and Virtual Cards at the site.

The only question I have is:
What exchange rate is used when converting bitcoin to currency, which I understand is done exactly at the time one makes a purchase online or at a physical store?
I mean, is there somewhere I can look up the exchange rate that will be used for this, ie. some debit cards use Bitpay rates which can be seen at their site; just want to get an idea how much I may loose when I change the bitcoin to the curreny, probably on an Euro card?