Review on BitPay USD by Japheth Ayuba
Bitpay has given the best
When in search for a Crypto card with good Credible business offered to users, Bitpay gives all it's best in such area. This crypto card supports a total of 8 major cryptocurrencies such as BTC, ETH, XRP, USDC, BUSD, PAX, BCH & GUSD. Once this cryptos are loaded onto the cards Crypto addresses, it can be converted to USD and used to facilitate transaction anywhere in the world. Loading cryptos onto this card is free of any charge by Bitpay as the only charges is that made as Network fees and miners fee. Conversion of one's crypto is free for the US residents but international conversions implicates a 3
With a taste for convenience, Bitpay issues two card types; the physical card and the virtual card. It's quite surprising that Bitpay collects issuance fees for it's virtual cards ($3) and the issuance fee for it's physical card is an approximate $10 cost. As this card is issued by MasterCard, it can be used anywhere MasterCard is accepted. Withdrawal from the card at ATM spots in the US is a fixed $2 rate while international withdrawals cost $3. There is also a monthly dormancy fee of $5 if the card hasn't been used for a period of 90 days. There is a daily withdrawal limit for this card which is $2000 and one can make withdrawals 3 times a day. The general spending limit is $10,000 for any given
The card can be controlled with the Bitpay app which is accessible to Android devices, IOS, Windows and Linux. The app has a good UI and interpolates a special feature to control how one spends. One could even lock his card just in case it was stolen or can't be found. There is regrettably no discounts or cashbacks for using Bitpay card. Nevertheless, it is still a great Crypto card. I recommend it's features
Pros
- There are loads of popular cryptocurrencies supported for this card such as XRP, BTC, ETH, BCH, USDC, GUSD, BUSD & PAX
- The card is controlled on its app which is available for Android devices, IOS, Windows and Linux. The app has a very good User Interface
- On the app, there are special features to control how you spend. One can even lock his card in case of theft or loss
- The only fee charged to load cryptocurrencies onto the card is the network fees and miners fees as Bitpay doesn't charge any fee
- As a MasterCard issued card, it can be used in any online shop accepting MasterCard payments
- The number of countries this card can be used in is numerous as they support over a 100 countries
- There is a support for both physical and virtual cards of Bitpay. The issuance fee for the physical card is around $10 and the virtual card issuance is $3
Cons
- It's mainly focused on US residents as there is no conversion fee charged to exchange crypto to USD but for international conversions, there is a fixed 3% conversion fee
- ATM usage limit daily is capped at 3 times with a maximum withdrawal of $2000 a day. Total daily spending is capped at $10,000
- There is no Cashback rewards for using this card
- ATM fees are high for both domestic use in America at $2 and international withdrawal is charged $3
