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Destination Anywhere
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58 Review
153 Karma

Review on BitPay USD by Digital Convict

Revainrating 3 out of 5

Instanty balance reload

Something that is quite good, because the regulatory Institutions of the country, intervene in case BitPay does not comply with any of its obligations.
But, the above is somewhat contradictory in the world of decentralized Finance, because "Decentralization" is sought; Although regulatory measures are necessary and important, they are part of the measures already used by banking systems.
This is a is a reloadable prepaid card:
  • The balance can be reload with no conversion fees
  • Reload instantly within BitPay App
  • EMV chip
  • Lock options
  • Ready to use
  • Millions of locations
  • Acepted around the world
  • Contactless payment
  • PIN payment
  • ATM cash withdraw
  • To order it, you be subject to standard US banking law and verify your identity.

    It is only available for United States. If you don't live there, but you are interested, you could join to the waiting list and be notified when it will arrive in your country. You can download the app (Available for Android and iOS)

    

    Pros
    • Bitpay is a serious company
    • You have the benefits of a card associated with a Dapp and a DEX
    • Backed by Master Card's infrastructure
    Cons
    • Now it is not available for all countries
    • You must sign a waiting list, if the security of the site is compromised, your data can also be compromised.

    Comments (1)

    Please, sign in to write a comment
    January 06, 2021
    Hi BitPay I was impressed by what you wrote about USD. I hope you'll give me more information in your next articles. I'd appreciate it if you'd update your Review to add new information and correct the information you missped. It'd be nice if you added new information in your next review. Thank you for your information.