Review on BitPay USD by larei bello
Bitpay card
Bitpay Card - a virtual card that can be used to make transactions. Interestingly I can use my bitcoin to directly make purchases of goods. It supports fiat currency which seems to be the US dollars at the moment. It is a prepaid debit card. It is secure but very anonymous because KYC is used to verify its members. The bit pay USD has a little exorbitant fee, inorder to collect the virtual card the issuance fee 2.95$ is paid.
The withdrawal fee is kind of high for any individual that wants to withdraw more than once. In order to deposit you can do it electronically, or a credit card can be used. It is a very secure platform. It can support the well known bitcoin. It uses recent time technology to convert bitcoin in fiat currency (UsD) so you just have to use your bitcoin to pay for goods directly
Since bitcoin is the fastest growing digital asset I recommend Bit pay USD for any one that wants to use bitcoin as an investment
Pros
- it is secure
- it works with virtual card
Cons
- It support just USD as the fiat currency
