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Author Topic: Bitcoin debit card  (Read 293828 times)
CryptoVision
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August 21, 2016, 12:52:13 PM
 #2321

The problem with most of these services is the high fees. I think that in the future it may be reduced in the business field, if expanded to more users.
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August 23, 2016, 02:34:47 PM
 #2322

I've noticed virtual cards are now mastercard. Can we still buy visa or not? If yes, how?
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August 23, 2016, 02:42:14 PM
 #2323

I've noticed virtual cards are now mastercard. Can we still buy visa or not? If yes, how?

My virtual card have the logo of MasterCard but It's a Visa card , I guess It should be the same case for and as far as I know they are still giving Visa cards (for Virtual only) .

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gosha@e-coin (OP)
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August 23, 2016, 04:37:13 PM
 #2324

I've noticed virtual cards are now mastercard. Can we still buy visa or not? If yes, how?

My virtual card have the logo of MasterCard but It's a Visa card , I guess It should be the same case for and as far as I know they are still giving Visa cards (for Virtual only) .

virtual cards are Visas. There was a short period when due to a mixup in the bank's system MasterCards were issued, but it has since then been resolved.

If unsure, you can tell by the card name, Visa numbers start with "4", MasterCards with "5"

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zenitzz
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August 24, 2016, 09:24:39 AM
 #2325

The problem with most of these services is the high fees. I think that in the future it may be reduced in the business field, if expanded to more users.
Yes that's what makes me no longer use bitcoin debit card, this time I prefer to convert bitcoin to fiat in the exchanger and then withdraw money to a bank account that I think transaction costs a little bit less though a bit time consuming.
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August 30, 2016, 11:38:16 AM
Last edit: August 30, 2016, 11:56:20 AM by oshikuru
 #2326

//sorted out:)
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September 02, 2016, 05:53:27 PM
 #2327

I would like to know if this bitcoin debit card is able to verify paypal account, and if it is possible, what is the right procedure?
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September 02, 2016, 06:50:36 PM
 #2328

I would like to know if this bitcoin debit card is able to verify paypal account, and if it is possible, what is the right procedure?

Yes.
https://wirexapp.com/blog/how-to-verify-paypal-account-wirex/

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September 03, 2016, 05:45:19 AM
 #2329

Here is a question.  When is the rate figured?  Is the FIAT to BTC or vice versa calculated the moment that the deposit is made or when the withdrawal is made?  Does the balance flucuate over time based on the current exchange rate?
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September 03, 2016, 07:32:35 AM
 #2330

Here is a question.  When is the rate figured?  Is the FIAT to BTC or vice versa calculated the moment that the deposit is made or when the withdrawal is made?  Does the balance flucuate over time based on the current exchange rate?

As far as I know , It's when the Load of the card is made. When you deposit funds using Bitcoin they stay in your account (as bitcoins) but once you load the card they become USD (the exchange rate is done real time I suppose). (Keep in mind that deposit transaction using Bitcoin will only show after having 3 confirmations in the blockchain)

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September 03, 2016, 08:15:15 AM
 #2331

Here is a question.  When is the rate figured?  Is the FIAT to BTC or vice versa calculated the moment that the deposit is made or when the withdrawal is made?  Does the balance flucuate over time based on the current exchange rate?

As far as I know , It's when the Load of the card is made. When you deposit funds using Bitcoin they stay in your account (as bitcoins) but once you load the card they become USD (the exchange rate is done real time I suppose). (Keep in mind that deposit transaction using Bitcoin will only show after having 3 confirmations in the blockchain)

that is correct - the conversion is made at the time and at the rate when you choose to load your card.

As for the deposit, indeed, we require 3 confirmations from the blockchain. However, if you are using a wallet supporting BitGo instant, you deposit will show up in Wirex/E-Coin system instantly.

If your question was about fiat to BTC, i.e., buying bitcoin via Wirex/E-Coin, same - the exchange rate is calculated at the time when you make the purchase

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September 03, 2016, 01:06:45 PM
 #2332

I got some kind of problem with my card, so yesterday I made an approximately 34$ of withdrawal on local ATM. And the day after it which is today I made 75$ of withdrawal, but then after I tried to withdraw it again, not a long time after that it says that I have reached the maximum amount for today.
Is there any maximum amount of withdrawal in a day?

faucet used to be profitable
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September 03, 2016, 02:23:43 PM
 #2333

Here is a question.  When is the rate figured?  Is the FIAT to BTC or vice versa calculated the moment that the deposit is made or when the withdrawal is made?  Does the balance flucuate over time based on the current exchange rate?

As far as I know , It's when the Load of the card is made. When you deposit funds using Bitcoin they stay in your account (as bitcoins) but once you load the card they become USD (the exchange rate is done real time I suppose). (Keep in mind that deposit transaction using Bitcoin will only show after having 3 confirmations in the blockchain)

In other words, let us say that I deposited 1 BTC two years back, when the rate was $250 and left it in there until today.  Now, I go to make the ATM withdrawal, do I get $250 available or $550?
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September 03, 2016, 02:30:00 PM
 #2334

Here is a question.  When is the rate figured?  Is the FIAT to BTC or vice versa calculated the moment that the deposit is made or when the withdrawal is made?  Does the balance flucuate over time based on the current exchange rate?

As far as I know , It's when the Load of the card is made. When you deposit funds using Bitcoin they stay in your account (as bitcoins) but once you load the card they become USD (the exchange rate is done real time I suppose). (Keep in mind that deposit transaction using Bitcoin will only show after having 3 confirmations in the blockchain)

In other words, let us say that I deposited 1 BTC two years back, when the rate was $250 and left it in there until today.  Now, I go to make the ATM withdrawal, do I get $250 available or $550?

You won't get anything since the balance of the card is 0$.
BTC balance is not card balance ,you have to first deposit the Bitcoin into the account (1 BTC = 1 BTC) , when you "Load the card" , It's there when the price transform to USD and goes to the card . When you are loading the card from the BTC balance to the CARD (USD) , the rate will change in real time. (means 1 BTC will give you whatever the equivalent is , in that moment ). But once the card is loaded , there is no going back, the balance won't change at all !

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September 03, 2016, 03:50:12 PM
 #2335

I would like to know if this bitcoin debit card is able to verify paypal account, and if it is possible, what is the right procedure?

Yes.
https://wirexapp.com/blog/how-to-verify-paypal-account-wirex/

Cool, thanks for the reply. I'll take a look at this to see if it works.
gosha@e-coin (OP)
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September 03, 2016, 04:41:34 PM
 #2336

Here is a question.  When is the rate figured?  Is the FIAT to BTC or vice versa calculated the moment that the deposit is made or when the withdrawal is made?  Does the balance flucuate over time based on the current exchange rate?

As far as I know , It's when the Load of the card is made. When you deposit funds using Bitcoin they stay in your account (as bitcoins) but once you load the card they become USD (the exchange rate is done real time I suppose). (Keep in mind that deposit transaction using Bitcoin will only show after having 3 confirmations in the blockchain)

In other words, let us say that I deposited 1 BTC two years back, when the rate was $250 and left it in there until today.  Now, I go to make the ATM withdrawal, do I get $250 available or $550?

if you had deposited 1 BTC two years back, it would remain in your wallet in BTC. If you decided to load those BTC to your card now, you would get the current USD/BTC exchange rate - at the time when you select to load your card, i.e., $550 or whatever the current exchange rate is.

Furthermore, if you have USD in your card and feel that BTC is going to rally, you can buy BTC using your USD balance (again, at the current rate, which, by the way, is very good compared to most services), and thus benefit from the increase in BTC value.

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September 04, 2016, 02:12:32 PM
 #2337

Wirex mobile app is currently undergoing some unplanned updates and hot fixes. We expect the app to be fully available for use again by Monday and will keep you updated on the progress.

In the meantime, please use the web version of the service at https://e-coin.io which is running as normal.

We apologise for any inconvenience caused and appreciate your patience and understanding. You may contact us at  support@wirexapp.com if you have any questions.

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Jeremycoin
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September 04, 2016, 09:29:43 PM
 #2338

Is there any fee for just checking the balance on a local ATM? Because I think I just lost a lot of money because of the fees.

By the way, is there any problem with the website? I can't see my Virtual & Plastic Card there

faucet used to be profitable
OmegaStarScream
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September 05, 2016, 08:06:48 AM
 #2339

@Jeremycoin , As far as I know there isn't , and according to them , only fees there is are available on this page : https://www.e-coin.io/bitcoin-debit-card-fees-and-limits (with no hidden fees) but even If there is , you should be able to see them in the "USD" (or whatever currency you have) tab in your account.
As for your second problem , I had this issue a few weeks ago but It was a technical issue from their part (maintenance) and It got fixed. (It's working fine for me right now)

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SlarkBoy
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September 05, 2016, 09:18:26 AM
 #2340

Still maintenance? I want to activate my GBP card right now  Grin
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