Wouldn’t it be nice if you could convert your crypto assets into everyday purchases and buy goods with bitcoin and other altcoins? Well, now you can. Just get a cryptocurrency debit card and buy also non-virtual goods (coffee, beer, clothes, etc.) with your crypto assets. This is a review of WageCan – one of the many cryptocurrency debit cards.
ACCORDING TO INFORMATION PROVIDED TO CRYPTOWISSER.COM, SUBSCRIPTION TO THIS CARD IS CURRENTLY CLOSED. WE ARE MONITORING THE SITUATION AND WILL PROVIDE UPDATES AS SOON AS WE HAVE ANY.
With respect to fiat currencies, WageCan also supports EUR, GBP and USD.
This card is a so called EFTPOS-card. EFTPOS stands for Electronic Funds Transfer at Point of Sale and denotes an electronic payment system. The system comes from USA and initially rolled out in 1982. See more about EFTPOS here. EFTPOS-cards can be used essentially everywhere and doesn’t limit the card holder in any substantial manner compared to holding a Visa-card or MasterCard.
US-investors may also use this card.
We think that WageCan charges extremely competitive fees.
The monthly fee is only USD 1.00.
The card charges an issuance fee of USD 15.40 (a one time fee).
ATM-usage results in a fee of 2.50% on the withdrawn amount.
Furthermore, the most important fee of them all, the commission on spending. WageCan sets you back 0.00%. This means that if you buy a nice sweater for USD 100, this will reduce your crypto assets with USD 100. Many other cards have commission based fees of 3.00-5.00%, meaning that a sweater for USD 100 will reduce your crypto assets with USD 103-105.
Finally, there is no maximum deposit to this card, which is another strong advantage.
If this is the cryptocurrency debit card for you, congratulations. Sign up for it now!
If not, check out one of the other epic cryptocurrency debit cards in our cryptocurrency debit card list. Good luck!