Why are you still converting to Fiat?
Why are you still converting to Fiat?
Nicholas Johnson
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John Brooks
because shitcoins are a meme
Dominic Green
Fiat is a meme
Kayden Roberts
Can someone explain to me real quick the purpose of this card?
Ian Rogers
Credit card that uses a Bitcoin wallet to pay and is accepted everywhere where Visa is accepted
Alexander Cooper
Very cool so basically you can pay directly from your btc wallet? What are transaction times like? And does your balance need to be held in a specific wallet?
Gavin Martin
Balance needs to be on the TenX wallet, transaction times are regular Bitcoin transaction times, but that doesn't really matter because the vendor is payed in Fiat and BTC is converted. Payment is rejected if your balance isn't high enough.
Benjamin Stewart
was just about to post about this. is this a shit coin?
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Dylan Perez
I am going to use this to make "purchases" to myself and then just reverse the purchase if the price of Bitcoin falls in a month.
Adam Rogers
Nice thinking, hackerman
Logan Morris
Can this essentially be used as a way to avoid paying tax if you were to cash out? I understand you'll still pay VAT but you're not paying income tax?
Colton Nelson
Waiting for this card since july, its a Scam bro
Hudson Williams
Exactly, how can the goverment track your transactions on a tex?
Oliver Jones
I mean who is gonna check?
It's not like they check every VISA transaction and even then they would need to go for TenX because technically they pay the money
Michael Thomas
This sort of stuff makes me think we're being pushed toward gubba'ment regulation. Regardless I'm going to apply for a card in lieu of this lol.
Tyler Green
LMAO
They do KYC/AML because Visa (more likely, Wavecrest Ltd from Gibraltar) requires it. Your data is exchanged for Tax purposes
Nolan Perez
What are the fees?
If I had to buy something worth 1BTC how many BTC would I need to have?
Liam Sullivan
0 apparently.
Owen Watson
Just the standard BTC transaction fees and the conversion rate that can vary
Jackson Fisher
Fug
Juan Flores
Also the VISA thing fell through, careful of them sneaky bag holders.