Bitwala - Blockchain Banking

[bitwala]

How to trade bitcoin - the beginner's guide has been added to our Academy. We recommend that you take a look before trading your first coins: https://www.bitwala.com/guide-to-bitcoin-trading/

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[1714983348]

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[bitwala]

Take ten minutes to understand what is Bitcoin mining and unearth the story of how Bitcoin is really created. Check our latest blog post here: https://www.bitwala.com/what-is-bitcoing-mining/

[bitwala]

Hi. Can Russian citizens order a virtual card on your service?

Hi Sergey, Russian citizens living in the EEA (and Switzerland) can open an account with us. Instead of a virtual card, you'll be able to order the Bitwala debit card (powered by MasterCard) for free and with no maintaining fees. Feel free to start here: https://app.bitwala.com/onboarding 

[mosprognoz]

Russian citizens living in the EEA (and Switzerland) can open an account with us. Instead of a virtual card, you'll be able to order the Bitwala debit card (powered by MasterCard) for free and with no maintaining fees. Feel free to start here: https://app.bitwala.com/onboarding 

I don't understand. What does it mean "Living in EEA" ? https://www.tripsavvy.com/countries-that-are-eea-countries-1626682 Shell I visit one of that countries just to register and get Bitwala debit card ?  It is better to provide the complete list of countries where your services are allowed.

[relaxtime]

Your ID verification provider does not accept residence cards from Bulgaria. I am not a citizen of Bulgaria but i live and work there, i have a residence card, but cannot apply for an account with you. Why is this ?

[LeGaulois]

Russian citizens living in the EEA (and Switzerland) can open an account with us. Instead of a virtual card, you'll be able to order the Bitwala debit card (powered by MasterCard) for free and with no maintaining fees. Feel free to start here: https://app.bitwala.com/onboarding 

I don't understand. What does it mean "Living in EEA" ? https://www.tripsavvy.com/countries-that-are-eea-countries-1626682 Shell I visit one of that countries just to register and get Bitwala debit card ?  It is better to provide the complete list of countries where your services are allowed.

Living in EEA... self-explained. If you can't understand that simple thing then you shouldn't own a bank account at all. If you want the complete list, google it. And since you need to provide a proof of residence, don't even think about visiting a country just to be able to create an account (facepalm)

[mosprognoz]

Russian citizens living in the EEA (and Switzerland) can open an account with us. Instead of a virtual card, you'll be able to order the Bitwala debit card (powered by MasterCard) for free and with no maintaining fees. Feel free to start here: https://app.bitwala.com/onboarding  

I don't understand. What does it mean "Living in EEA" ? https://www.tripsavvy.com/countries-that-are-eea-countries-1626682 Shell I visit one of that countries just to register and get Bitwala debit card ?   It is better to provide the complete list of countries where your services are allowed.

Living in EEA... self-explained. If you can't understand that simple thing then you shouldn't own a bank account at all. If you want the complete list, google it. And since you need to provide a proof of residence, don't even think about visiting a country just to be able to create an account (facepalm)

Dude.. calm down. I just asked a question, because the information provided by Bitwala is not clear. They said that Russian citizens living in EEA countries can open an account in bitwala and that is not correct. (You must have an ID issued by any EEA member countries for registration and verification) I guess that is more correct.

Hi Sergey, Russian citizens living in the EEA (and Switzerland) can open an account with us.

Your ID verification provider does not accept residence cards from Bulgaria. I am not a citizen of Bulgaria but i live and work there, i have a residence card, but cannot apply for an account with you. Why is this ?

And it's not your business at all, which countries I will visit, should I own a bank account or Shell I help Italians to control their own gold   https://bitcointalk.org/index.php?topic=5142542.msg51029160#msg51029160

[bitwala]

Hi guys, please check below on what is necessary to open an account with Bitwala.

You must meet the following criteria:
- aged 18 or older
- A resident of the European Economic Area (EEA) or Switzerland
- Proof your residency with a Proof of Address document: https://support.bitwala.com/hc/en-gb/articles/360002220519-What-is-a-Proof-of-Address-POA-document-
- Hold a valid and accepted identification document: https://support.bitwala.com/hc/en-gb/articles/360000378000-Is-my-national-identity-document-accepted-by-IDnow-

Hopefully, this answers the open questions. Happy to get back with more details 

[bitwala]

Hi there, we truly understand your disappointment.

However, we can’t support you with sensitive account information on any of our social media channels.

We have to make sure that we meet all legal regulations imposed on us and at the same time ensure that our users are being given the highest security level.

Please reach out to support@bitwala.com and wait for the next support agent to reply to your request.

Thank you for your patience.

[bitwala]

Hi,

the math indeed is simple: your card was charged twice with the same amount. That's why you were refunded for the double booking. Refunds for these issues can take up to two weeks.

We refund double charges and no BTC/EUR trades to balance an account. Please see the latest messages by our support team for details, which can't be shared on an open platform like BitcoinTalk.

Apologies for your bad experience, we're trying our best to avoid similar events in the future.

[bitwala]

We have awesome news to share: the Bitwala trading limits have increased to €15,000 over 7-day rolling periods.

It’s now possible to trade more than four times the previous limits. Visit www.bitwala.com and check the update now!

Happy trading and enjoy the ride 

[bitwala]

Hi guys, feel free to check the latest update on the Bitwala Blog and check whether your favourite Bitcoin news site is on the list: https://www.bitwala.com/top-ten-bitcoin-news-sites-you-should-know-about/

Enjoy the read 

[N0sferatu]

If i order one of your debit cards and load it with BTC, will the BTC be converted to € instantly or not until i use the card for a payment?

Edit: I just saw bitwala is offering a BTC wallet as well. So, i guess it's possible to just store the BTC there and transfer them onto the card when needed? Do fees apply with such "internal transfers"?

[bitwala]

Hi there, the fee-less Bitwala debit card is linked to your Bitwala account. The account itself is a full German bank account, which can easily receive any EUR transaction (like SEPA). Moreover, you are free to create a Bitwala wallet, receive BTC and sell the preferred amount. The equivalent will be credited to your bank account. This will only cost 1% and you are free to trade any day, any time. Enjoy 

[N0sferatu]

Hi there, the fee-less Bitwala debit card is linked to your Bitwala account. The account itself is a full German bank account, which can easily receive any EUR transaction (like SEPA). Moreover, you are free to create a Bitwala wallet, receive BTC and sell the preferred amount. The equivalent will be credited to your bank account. This will only cost 1% and you are free to trade any day, any time. Enjoy 

Thanks for your reply. 

Will the equivalent amount of € be credited to my account instantly when i sell BTC? If not, how long will it approximately take?

What i basically would love to do is...

1. Fund the Bitwala wallet with BTC and get the debit card
2. Sell BTC for € at any time
3. Spend the € with the debit card instantly

[bitwala]

Hey there, you're very welcome to do exactly that. Using the Bitwala account to really cash out your BTC is one of the best solutions we provide.

The equivalent in EUR will be credited after six confirmations. So next time you decide to go spending, simply sell BTC before you leave and enjoy the shopping, restaurant or whatever you are up to.

The card itself will work fine, without costs at over 30 million places globally. Enjoy!

[bitwala]

We did it! Announcing Bitwala’s €13m Series A funding round: https://www.bitwala.com/announcing-bitwalas-euro-13m-series-funding-round/ 

[bitwala]

Great mention of Bitwala's success by Yahoo Finance - catch their take on our successful Series A here: https://sg.finance.yahoo.com/news/sony-co-leads-13-million-103304391.html

[bitwala]

Hey guys, ever thought about bitcoin and taxes? Don't worry, we got you covered. See our basic guides on crypto taxation here:

EN - https://www.bitwala.com/a-guide-to-bitcoin-taxation/

DE - https://www.bitwala.com/debitcoin-steuern-die-grundlagen-zum-thema-bitcoin-und-steuern/

[bitwala]

The Berlin Blockchain Week 2019 is kicking off Saturday night. 

Find out what's happening this year: https://www.bitwala.com/you-are-invited-to-berlin-blockchain-week-2019/