Review on Uquid GBP by Olugbenga Ajayi
Uquid card is a multicurrency cryptocurrency card.
When deciding on the cryptocurrency card to use, there are some features that should be looked out for. A good cryptocurrency card should be multicurrency meaning that you can use it with many Currencies. Uquid card is such a card that can be used like visa card and it supports many cryptocurrencies and some flat Currencies. In the cas of uquid GBP card, it is meant to work with GBP as base currency. So no matter the cryptocurrency or altcoins you may have in your wallet, when you wish to withdraw, you withdraw out GBP and it is debited from the cryptocurrency.
This card can be used on POS, ATM machines and on online stores. The card has the support of downloadable app usable on mobile phones that can be used for monitoring transactions,block card in the case of suspicious activity or even edit the user profiles.
Usage of the card is somehow is not in anyway free so to speak. Beside the issuance fee which is below industry standard, other charges are either within the industry standard or above it. One good thing about the card is that dormancy fee is not charged on it.
Pros
- It is available in plastic and virtual form
- It is easy to use
- There is app that can be used to lock up the usage in the case of theft
- No dormancy fee or loading fee as common to other cards
- It is multicurrency in nature meaning that it is used with many cryptocurrencies and altcoins and also has support for flat Currencies
- Top up option are many. It supports top up with ethereum, ethereum classic, bitcoin and zcash
- The issuance fee is cheaper than industry standard of €15 where as it charges only €10
Cons
- There are multiple charges as usual.
