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RE: Help bring Steem to Wirex plastic Visa cards

in #steem7 years ago

A few days ago I have bought Litecoin with Wirex, sent it to Binance and exchanged it into Bitcoin and into Steem. At that time Steem price was $0.27 and with Wirex it costed me $0.288. I don't think this was too much considering the convenience of the operation.

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You could have sent the Litecoin direct to blocktrades and saved yourself one step and the Binance fees.
The bigger the trade the larger the costs on Wirex.

I don't mind paying a little for convenience. It would be a hassle to spend it otherwise.

It would be okay if you could see the fees up front instead of Wirex hiding their fees and charging more than the stated market price.

On small trades it may be negligible but when you are buying £1,000's of cryptos it racks up fast.

It's not a sustainable business model or practice.