Review on BitPay USD by Praise Olagbadun
BitPay USD
The BitPay USD card is an easy type of card that is simple to use and it's verification process is stress less. It was introduced in the year 2016 to the United States by the Metropolitan Commercial Bank Consortium. The card converts cryptocurrencies into fiat currencies such as Euros and Dollars which can be spent wherever Master card is accepted
BitPay USD is known for its accuracy and transparency in payment and high security profile making it trader's best choice for transaction. It supports two main popular cryptocurrencies namely: Bitcoin (BTC) and Ethereum (ETH), thereby increasing it's popularity across about 229 countries around the globe, covering the European, American and Western countries. The cost of the card is about $10 and considered expensive but it's services are worth it as surcharges are avoided and returns are effective instantly
Pros
- The application is available on both Android and iOS systems
- Ease of usage
- Companies can now exchange cryptocurrencies for fiat currencies with their clients
- Supported by big companies
- The card is recharged instantly
Cons
- It's work is limited to only two cryptocurrencies namely: Bitcoin (BTC) and Ethereum (ETH)
- Exuberant transaction fees
- The service is limited to only European countries
- Complaints are made in regard to refunds
