Review on CoinsBank USD by Amos joseph
Coinsbank USD
With lot of restriction applied when using the card and it's supportive partners coinsbank USD is a well regulated platform that works most likely like a centralized institute.
Ranging from it security system of users controlling their pin which in should never be disclose to any third party to amount limit that need to be reached daily it offers $300 daily limit for withdrawal this is to regulate the amount of money spent by it users which I find quite convenient.
It support mainly bitcoin and litecoin with small amount of minimum deposit with the card normal business transaction can be conducted sending and receiving of cash buying and making purchase at various e-commerce, can also be use for making exchange buying crypto from other exchange platform.
Support instant top up, there are charges applied when ordering for the card also charges are applicable for transaction completed. Necessary verification process need to be followed before any user can have access to the card.
Pros
- Regulates users means of spending capital by minimizing and limiting daily amount to be used with fast and low transaction fee
- Well regulated body
- Instant top up sending receiving and making purchase at various e-commerce
Cons
- Cost of incurring card are high
- Commission fee are high
