BitPay was founded in 2011 with the goal to make accepting bitcoins easier for businesses. Today, BitPay is largest bitcoin payment processor in the world. Their first product, BitPay secure bitcoin wallet, helped new traders and investors to get started with secure bitcoin payments.
Their BitPay Card gives bitcoin users a convenient way to convert bitcoin into dollar and is able to use anywhere in the world where Visa is accepted. The BitPay card only supports USD at this time.
Mobile app is available to see transaction history and reload dollars to the card. The card itself cost $9.95. Bitcoin or Bitcoin Cash is required to make the purchase. The card does not have a monthly fee. ATM usage is $2 per transaction and BitPay card takes 1% on purchases.
The Maximum deposit is $25,000 USD.
Well established company since 2011.
Available only for the citizens of the United States.
When traveling outside of the US you will pay a fee of 3% to cover the cost of currency conversion. There is a $2.00 fee for ATM or cash-back withdrawals inside the US and a $3.00 fee for outside the country.
BTC, BCH, GUSD, PAX and USDC.
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