xapo - bitcoin debit card

[plommer]

https://xapo.com/card/

 

$20 fee to order/activate

 

 

 

Results for your question 'limits'

 Are there daily spending limits on the Xapo Debit Card?

Yes, there are some standard usage limits.

 

    Standard limits     Upgraded limits     POS Rules   USD EUR GBP USD EUR GBP One-time purchase Per purchase $2,500 €2,500 £2,000 $10,000 €10,000 £8,000 Value of purchases Per day $2,500 €2,500 £2,000 $20,000 €20,000 £16,000 Value of lifetime purchases Lifetime $2,500 €2,500 £2,000 no limit no limit no limit ATM Rules               Number of ATM transactions Per day 2 2 2 2 2 2 Value of ATM withdrawal Per ATM transaction $200 €200 £160 $1,000 €1,000 £800 Value of ATM withdrawal Per day $400 €400 £320 $2,000 €2,000 £1,600 Maximum ATM withdraw Lifetime $1,000 €1,000 £800 no limit no limit no limit

 

After you receive your card, we can upgrade your limits!

 

In order to upgrade your card, please provide a high resolution copy of an official ID document and a proof of residence for the address tied to your card. Please upload your documents to this form.

 

Acceptable ID documents:

• License Copy
• Passport Copy
• Government Issued ID card

Acceptable proof of residence* documents:

• Any Utility bill (like electricity bill, internet bill, phone bill...)
• Credit card bill

 

* the proof of residence document must not be older than 3 months to date.

 

[plommer]

A domestic wire transfer is the payment method offered to U.S. citizens and residents when they go through the process to buy bitcoin with Xapo. Domestic wire transfers are initiated by the owner of the bank account (this can normally easily be done online!) in which the purchaser simply initiates a wire transfer from their bank account to another U.S. bank account. This is a quick process, where if the wire is sent during business hours on a business day, it is either cleared within that day's business hours or the next business day, depending on when the payment was sent. 

 

If you have a pending purchase of bitcoin with Xapo, here's how you make this simple bank to wire transfer:

 

1. Go to your home banking website

2. In a different tab, pull up the payment instructions given to you by Xapo with the routing number and other necessary information

3. On your home banking site, you'll find the option of a domestic wire transfer - this is normally under the "Transfers" tab

4. Enter in Xapo's bank account information and send the payment 

5. As soon as Xapo receives your funds, your bitcoin are automatically released into your wallet!

 

Please note: if your bank is telling you to ask Xapo to verify any micro deposits sent, then you have incorrectly chosen the wire method. Your bank should not need to send micro deposits for Xapo to verify them (those are normally sent to verify that the external bank account that you are adding to your home banking site does in fact belong to you). If this is the case, you will need to let your bank know that this should be a domestic wire transfer to an entity, not an individual. Banks sometimes will send micro deposits to an account in order to verify that it is an active bank account, but in this case, it is an internal communication within both banks in which the bank can deposit the micro transactions then debit them back to the account holder before the full amount of funds are sent. 

[ted sheckler]

Monthly fees? 

Withdrawal Fees?

[plommer]

[plommer]

Xapo protects your privacy by keeping your wallet balance and your wallet transactions private so no one can see them in the public blockchain. You can use your Xapo wallet with the confidence that no one will know your wallet balance or your wallet transactions.

 

Xapo uses dynamically generated wallet addresses. These are public addresses meant to be shared with anyone you'd like to receive funds from. While you can use the same address multiple times, if the address remains unchanged, anyone you transact with could know the amount of funds you have by simply using a blockchain explorer. We implemented a two-step solution to avoid that from happening.

 

Each time someone sends bitcoins to your address, a new wallet address will generate, replacing the old address (you will see it by clicking "My Address" button in the web app). This ensures that the person to whom you've sent funds will know only one address, corresponding to a single transaction.

 

If someone sends funds to an older, previously generated address, you will still receive those funds to your wallet, as we keep all bitcoin addresses ever associated with your account available, just in case you ever plan to reuse or receive ongoing payments to a single address.

 

The second step involves pooling your wallet funds. As soon as funds arrive to your bitcoin wallet address, we move those funds to a common pool. This prevents anyone from going to the blockchain and seeing the amount of BTC in your addresses or discovering where your are transferring them from. Since the funds are pooled amongst other individuals funds, it is extremely difficult for someone to identify specifically where the original funds that you received were sent from.

[plommer]

 

Xapo protects your privacy by keeping your wallet balance and your wallet transactions private so no one can see them in the public blockchain. 

 

Each time someone sends bitcoins to your address, a new wallet address will generate, replacing the old address (you will see it by clicking "My Address" button in the web app). This ensures that the person to whom you've sent funds will know only one address, corresponding to a single transaction.

 

The second step involves pooling your wallet funds. As soon as funds arrive to your bitcoin wallet address, we move those funds to a common pool. This prevents anyone from going to the blockchain and seeing the amount of BTC in your addresses or discovering where your are transferring them from. Since the funds are pooled amongst other individuals funds, it is extremely difficult for someone to identify specifically where the original funds that you received were sent from.

What does this mean?

 

It means the books, circle, coinbase, the UIGEA, the US gov't and the rest can go fuck themselves because they won't be able to snoop on your transactions.

 

XAPO may be the best thing to happen for offshore players that want true BITCOIN anonymity.

[plommer]

[plommer]

ordered card today, will update once it arrives and I try it out.

[plommer]

ordered card today, will update once it arrives and I try it out.

 

 

Card arrived today.

 

8 days after I ordered it (from Europe).

 

[ted sheckler]

Nice, let us know how it works.

They send you a pin for it?  Let us know how "loading" it works out.  You just send the money from blockchain or circle to a specific bitcoin address they associate with the card?

 

fees.

 

whatever else you feel like sharing on the process

[plommer]

Nice, let us know how it works.

They send you a pin for it?  Let us know how "loading" it works out.  You just send the money from blockchain or circle to a specific bitcoin address they associate with the card?

 

fees.

 

whatever else you feel like sharing on the process

 

The card probably won't get used for a while as all my sportsbook accts are bust except for Bookmaker.

 

To withdraw from the card you send bitcoin to the wallet address associated with the card itself and that becomes your available balance (converted from btc to $USD).

 

To get your pin you log in to xapo and enter a security code they email to you, once you enter the code verifying email address your cards pin becomes visible onscreen for 30 seconds and then it disappears, so you have to write it down quickly.

 

Fees are $2.50 USD to withdraw US Dollars from an ATM - you are allowed 2 ATM withdrawals a day and limits depend on the ATM itself. We have US Dollar ATMs all over Windsor so getting US cash is easy. THe reson I'll take USD is because they charge 3% for non USD withdrawals.