![]() Beyond these minor expenses, ongoing fees are minimal and can be avoided entirely. It costs $9.95 to get the BitPay card, and there are slight surcharges levied on the Bitcoin transactions you make to buy or fund your card. It's possible to withdraw money from ATMs with the card too, but you will have to pay $2 ($3 internationally) plus whatever the owner of the ATM charges. You don't need to pay anything extra when you use it to buy things either, and you can receive cash back from merchants on your debit transactions without any additional fees. However, the BitPay Visa allows you to avoid these charges because the coins you send to it are converted to USD automatically. ![]() What Are the Advantages of BitPay Visa?īitcoin exchanges, like CoinBase, charge you a fee for buying and selling cryptocurrency. When your card balance gets a bit low, it's easy to increase it by simply sending more bitcoins to it. You can then make credit and debit purchases just like you would with any other Visa card. Once there's a single confirmation of this transaction, your BTC or BCH will be converted to U.S. How Does the BitPay Visa Card Work?Īfter you get your card in the mail, you fund it by sending your bitcoin to an address generated by BitPay. The BitPay Visa card lets you change your bitcoins and Bitcoin Cash into USD and then buy goods and services anywhere that Visa is accepted. Many online poker fans have come to realize that Bitcoin transactions are the way to go, but there are certain inconveniences with using digital currency, like being unable to convert your coins into ready-to-spend cash in a timely way. If you're an American poker player who uses Bitcoin or Bitcoin Cash on a regular basis, then the BitPay Visa card could be a valuable tool for you.
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