![]() Before making your decision, you'll see what the network cost will be for each of these crypto-currencies. You can choose to pay via Bitcoin or Bitcoin Cash. You'll receive a message stating that your application is complete, and you'll be prompted to send the required $9.95 cost for the card. Then press the “Continue to Payment” button.Ĥ. When you're done, check the box agreeing to the terms and conditions. In the form that you see, you'll have to enter your shipping, identification, and account info. You'll be asked if you already have a Bitcoin wallet. Next, fill in your email address and country in the box that appears. Go to the BitPay Card site, and click on “Order Now.”Ģ. Or continue reading for detailed information in text form.įollow the Steps in the Video Above to Sign up for a BitPay Visa Cardġ. If you'd like to view the instructions in video form, then simply watch our how-to guide below. Although there are many individual steps you need to take, we've broken them down for you so that you can easily complete them. It's a breeze to go through the process of getting a new BitPay Visa card. This is because the card is issued by Metropolitan Commercial Bank in New York, which is subject to all the laws and KYC (Know Your Customer) regulations that apply to financial institutions in the United States. You must be willing to divulge your Social Security Number in order to apply for a BitPay Visa. Look at our guide to getting started in Bitcoin for instructions on how to create a wallet at and join up at CoinBase. If you don't yet have a wallet, then you probably also lack bitcoins, so you may wish to open an account at CoinBase or another Bitcoin exchange. BitPay does offer its own wallet, but we recommend the wallet because it has been around for a long time and has millions of customers. Actually, it's best to have around $15 or so available in your wallet to account for possible price fluctuations and miners fees. You can only pay it in Bitcoin or Bitcoin Cash, which means that you should have a wallet with at least this amount in it. What Must I Have to Get a BitPay Visa Card?īefore obtaining the Visa card from BitPay, you must have the $9.95 purchase price ready to pay. Since PayPal allows you to pay with Visa, you can effectively make any PayPal purchase with the BitPay card. This includes the zero liability protection against unauthorized transactions that Visa provides to all its cardholders. There's an account dormancy fee of $5 per month, but you can simply make a purchase or ATM withdrawal with your card at least once every 90 days to keep your account active.īecause it is a Visa card, you'll receive all the advantages normally associated with such cards. 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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