Review on BitPay USD by Douglas Cachazo
BitPay USD: hand in hand with Visa, they offer payment card in Bitcoin and Bitcoin Cash.
It is a cryptocurrency card that works since 2016, with funds in the Bitcoin and Bitcoin Cash cryptocurrencies, it allows you to convert your cryptocurrencies into Fiat money such as Euros or dollars, previously it requires storing those crypto in your Wallet, later you can pay as you wish. you want either crypto, euros or dollars in shops or places that accept cards, hand in hand with Visa it can be used internationally. Its emission is not free, it has a cost of $ 9.95 that is to say they are $ 10 dollars disguised, it seems expensive to me. With a monthly cost of $ 5 and a limit of $ 3,000. When applying for the card, you must create a BitPay wallet that is nothing more than an application available for PCs and mobiles. This application is the one that allows you to convert your cryptos stored in the wallet into fiat currency and thus be able to make the payment either in dollars or euros, in some European countries you can pay directly in crypto. In your website, which is very simple, there is the option to register as a Company or Person, in the case of a Company you sign up to have the option of accepting bitcoin payments online, by email or that people pay directly with their card directly in their localities, If you are a person Your card and wallet.
Pros
- One of the first to create Blockchain payment
- Technology Companies can invoice their international clients without high costs with simple electronic transfers
- People can pay with their crypto anywhere that accepts cards.
- Easy to use wallet and configuration in a few minutes.
Cons
- It only operates with two cryptocurrencies
- Bitcoin and Bitcoin Cash Sending
- Transactions to multiple recipients is not possible
- Available only in some European countries.
