What is Uquid?
Uquid is a UK-based company that issues cryptocurrency debit cards. The company issues both virtual and physical debit cards. In this review, we’ll take a look at the pros and cons of the Uquid Bitcoin debit card.
Benefits of Uquid
You’re not just restricted to storing Bitcoin with this card. It supports Ethereum, Litecoin, Monero, Ripple, Dash, and 80 other various tokens. The wallet likewise allows you to deal with many fiat currencies like EUR, GBP, and USD. The physical card is free, and ships fast. Users likewise have unlimited ATM withdrawals and lifetime purchases. You can connect the card to your PayPal account, which is handy. Among the features that set this card apart from other cards I’ve looked at is the choice to pay expenses. You can utilize your cryptocurrency tokens to pay family expenses and top up your mobile. Very cool! Although the card doesn’t cover the United States, it is available in over 178 nations. Uquid offers most exceptional market rates for exchanging your cryptocurrency. In general, there is a lot of advantages that make Uquid a great bet.
Downsides of Uquid
The Uquid card initially converted your Bitcoins to fiat loan in real-time. The existing card is a prepaid debit card you have to fill before using it in stores.
You have to pay a monthly service fee of $1. There are no fees for POS transactions. The physical card is $16.99, and ships free of charge to over 178 nations worldwide. You will normally receive it within 2-3 company days, which is quick. Domestic ATM transactions cost $2.50, and common ones cost $3.00. Withdrawing money to a bank costs 3% — all in all, not a bad offer for what you get in return.
- Card type: Visa
- Virtual card: Yes
- Physical card: Yes
- Mobile app: Yes
- Supported fiat currencies: GBP, EUR, and USD
- Supported cryptocurrencies: 80+ different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Litecoin (LTC).
- Anonymous: No.
Uquid was one of the many businesses impacted by the WaveCrest choice to not deal with Visa. They have actually for that reason had to make some modifications, which is a pity. Although some of these changes are for the even worse, Uquid does use some cool features that make them stand out. The card is an attractive choice because of its flexibility and affordability. Price-wise Uquid is practically in line with their competitors. Have you used the Uquid Bitcoin debit card? Let us know what you think and share your opinions in the comments below!