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What are the limits for using the BitPay card with cryptocurrencies?

avatarjasminesmcleanra3Dec 26, 2021 · 3 years ago3 answers

Can you provide more details about the limits for using the BitPay card with cryptocurrencies? I'm interested in knowing the maximum amount I can load onto the card, the daily spending limit, and any other relevant restrictions or fees associated with using the card.

What are the limits for using the BitPay card with cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! The BitPay card allows you to load up to $25,000 worth of cryptocurrencies onto the card. This means you can convert your Bitcoin, Ethereum, or other supported cryptocurrencies into fiat currency and spend it like you would with a regular debit card. As for the daily spending limit, it is set at $10,000. This means you can spend up to $10,000 per day using the card. However, please note that there may be additional fees associated with using the card, such as ATM withdrawal fees or foreign transaction fees. It's always a good idea to check the BitPay website or contact their customer support for the most up-to-date information on fees and limits.
  • avatarDec 26, 2021 · 3 years ago
    The limits for using the BitPay card with cryptocurrencies are quite generous. You can load up to $25,000 worth of cryptocurrencies onto the card, giving you plenty of spending power. The daily spending limit is set at $10,000, which should be more than enough for most people's daily expenses. It's important to note that these limits may be subject to change, so it's always a good idea to check the BitPay website or contact their customer support for the most accurate and up-to-date information. Additionally, there may be fees associated with using the card, such as ATM withdrawal fees or foreign transaction fees, so make sure to familiarize yourself with these before using the card.
  • avatarDec 26, 2021 · 3 years ago
    According to BYDFi, the BitPay card allows you to load up to $25,000 worth of cryptocurrencies onto the card. This provides users with a convenient way to convert their digital assets into spendable fiat currency. The daily spending limit is set at $10,000, giving users the flexibility to make larger purchases or transactions. It's important to note that while the BitPay card offers high limits, there may be fees associated with using the card, such as ATM withdrawal fees or foreign transaction fees. Users should review the terms and conditions provided by BitPay to understand all the limits and fees associated with the card.