You are viewing a single comment's thread from:
RE: Help bring Steem to Wirex plastic Visa cards
Did you know they have an account at @communitymanager? It seems to mostly repeat their press releases, but we could try talking to them using it. We need to show there's community support. I have a Wirex card. I had Bitwala until that shut down. It's a useful way to spend some crypto.
We really do not want Wirex to support steem.
We need to be warning people of their hidden fees and crap security.
Their fees are pretty clear. What security issues are you aware of?
I'll be doing a full write up on Wirex's terrible security soon.
If you check your trades on bitcoin etc you will find that you never get their so called 'average' price for that days trading. It is always £30+ light.
Wirex state that they hold a supply of various cryptos for their customers to buy but these never reflect actual market prices. You/we always pay in excess of the market price and these charges are never shown on your account...just higher priced cryptos.
I wouldn't advise promoting Wirex here or anywhere else btw.
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.
Posted using Partiko Android
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.
Thank you for your feedback. What other alternatives would you suggest for Steem card?
Posted using Partiko Android
My pleasure, as far as recommendations for a steem card go?
I recall that Jerry Banfield was/is working with a developer to create one.
Many people seem to like bitpay. I haven't used it myself so couldn't recommend it.
Thank you! I wouldn't trust Jerry on anything Steem related.
Me neither. He burned his bridges here.
I do know what you mean. He really blew it here on steemit.
I met Jerry at steemfest2 before his meltdown.
He spent a small fortune advertising steemit on fakebook.
Complete waste of time and money.
Yes, he was very vocal about Steemit on FB and YT. Unfortunately, the way it was presented sounded like get rich quick scheme and this attracted people with the wrong mindset.