Review on BitPay USD by Yenkelys Barcenas
BitPay USD. The future is already in our hands.
Debit cards have been the solution for many of us, making payments quickly and safely without having to have cash. Now it is a reality for cryptocurrency users, the solution to make payments in crypto in a simple and equally secure way. BitPay USD is a prepaid card aimed at people who live life in crypto, its creators emphasize that with it you can load with dollars that are converted from cryptocurrencies, with instant card recharges, without conversion fees, which make it ideal for commercial operations, managing payments and cryptocurrency settlements in more than 200 countries in the world, by admitting the two most popular cryptocurrencies until today, Bitcoi and (BTC) and Ethereum (ETH).
The Visa BitPay prepaid card is issued by Metropolitan Commercial Bank, in accordance with a Visa license, and obtaining it is a fairly simple process, which requires having the mobile applications and the available balance in your wallet. It is necessary to download the latest version of the BitPay mobile application and complete the data verification process, you must recharge your wallet with cryptocurrencies from another wallet or that have been obtained from an exchange, and then you can request your card. You must bear in mind that the request for this card also involves a cost, so it is recommended that users charge 20 USD in cryptocurrencies to pay for the card order to avoid problems related to fees or price volatility of the cards. cryptocurrencies, in many cases this represents a fairly high cost, especially if it is people who do not have large movements of money, however the advantages they offer are enough to accept their conditions.
Pros
- The use and application of the card is simple and is accepted as a means of payment in more than 200 countries.
- You have a physical card issued as a debit card by VISA that instantly converts cryptocurrencies into USD.
- Recharges can be done from any wallet.
- The card's payment protocol saves users from worrying about failed payments, delayed orders, or dealing with refunds, and it also adds new security to payments, protecting you from sending payments to imposters or attackers. Mobile applications are compatible for the most important operating systems: Android and iOS.
Cons
- The VISA card is available only for the United States in the 50 states of its territory.
- For those who do not handle a large amount of money, it can be expensive to acquire and maintain it.
- Transactions and operations are subject to high commissions.
