5/28/2023 0 Comments Bitpay limits![]() ![]() For more we still use fiat money for more we stay in the deep shit we are today. It is possible if you start making happening in your community. I live on NTC for more than a year and I NEVER USE A FIAT CARD. ![]() ![]() Those cards are created by the banksters to fool you NOT to use your BTC wallet and keep you in line continuing to use fiat money. Those are fiat cards and ALWAYS will be fiat cards with fiat regulations/fees/features/logging/tracking etc. *Insert standard warning that I don't represent the FDIC-insured bank holding the balances, "this is not investment advice", nothing above is a contract, please see the terms of service / cardholder agreement for the real deal, etc.Īs I said quadrillion times here: STOP USING THOSE FUCKING CARDS. How to Avoid the Fee: Use your card at any participating ATM or anywhere Visa is accepted at least once every 90 days. When You Are Charged: For each month following a 90 day period of inactivity until the card is used again. (That goes to me, and cc's our whole design team.) If you have ideas for how we can make this experience less annoying, I'd really love to work with you. We've made a lot of user-experience progress with the new BitPay wallet, but we clearly have a lot of work to do. (And for reference – if it ever seems like BitPay has "tricked" you into giving us money, please let us know so we can make it right.) If you want to stop using your card for longer than 90 days, just empty it first. Does BitPay Have Account Limits ATM Withdrawals: 2,000 per withdrawal, 3 withdrawals per day. It's also extremely easy to reset the clock – just buy anything or use an ATM. You should get plenty of warning notifications from us "before the fee is charged". We make our money honestly, by providing real services that our customers genuinely value. It's our goal to never actually charge this fee (and as far as I know, we haven't had to do it yet). The issue is pretty complex, but I can summarize from my understanding (caveat: I'm a designer, not a lawyer/bank rep/etc).ĭue to a tangle of rules, policies, regulations, and accounting requirements in and around the US banking system, a "dormancy fee" is something we're forced to include right now. I agree that dormancy fees are aggravating. The BitPay Card offers a daily load limit of 10,000 and a total balance limit of 25,000. BitPay allowed persons who appear to have been located in the Crimea region of Ukraine, Cuba, North Korea, Iran, Sudan, and Syria to transact with merchants in the United States and elsewhere using digital currency on BitPay’s platform even though BitPay had location information, including Internet Protocol (IP) addresses and other location. (It's should be linked on the website anywhere the cardholder agreement is linked, and it's also included when you get your card.) Daily spending and ATM withdrawal limits also vary by card, with most falling within the 1,000-10,000 range. Rewards and Incentives Currently, the BitPay card offers no rewards and incentives. Please take a look at the fee information for the card. You can only enjoy up to 10,000 USD purchase limit per day, 3000 USD for cash withdrawal per day, 750 USD per transaction, and card balance of up to 25,000 USD. Hey /u/aceat64 – Thanks for explaining your experience – I'm sorry this is so frustrating. ![]()
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