When it comes to physical credit cards, crypto lovers have very limited options. While the crypto adoption is at full speed, it might take a while for a truly global adoption. In the meantime, the AdvCash Crypto Credit Card is one of the options available but how good is it? Well, in this article we will go over the features and details and of course the fees to see if it’s a solid credit card.
What is AdvCash?
AdvCash is a currency used for online payments. It is based in Belize which provides immunity from national laws of other countries for it. As an offshore currency, it is also encrypted much like cryptocurrencies and benefits from better anonymity and security. The Advance Cash company provides an account for users that allows for a variety of currencies to operate through it. In many ways, it is a lot like Payeer.
And much like Payeer, AdvCash supports transfers in both fiat and cryptocurrency form. With a virtual wallet, users can transfer funds and make payments with very low commission. What makes it interesting, is that Advance Cash is also compatible with other payment systems such as WebMoney or Perfect Money. With free international transfers, users get to enjoy a wide variety of currencies all in a virtual wallet. Furthermore, there are both physical and virtual bank cards available for quick and cheap international Visa/Mastercard payments.
The company was founded in 2014 as a competitor for PayPal and much like its peers, it has gained notable success in the past few years. As the need for virtual banking grows, online payment processing companies continue to narrow the gap with PayPal. Although, such companies are not as popular as PayPal, they offer a lot more freedom.
Continue reading “What is AdvCash” to learn everything about the payment system.
What is AdvCash Crypto Credit Card?
Much like a typical credit card, AdvCash Crypto Credit Card is a physical debit card working based on the AdvCash network. The primarily difference however, is that it has integration with cryptocurrencies. On top of that, the debit card will offer various products and services available on AdvCash. As for the catch, it is not available in countries like the United States and Canada and some others.
What Are the Advantages?
For the most part, AdvCash Crypto Credit Card does not require tight verifications and identification. This is an especially important factor for anonymity. Sadly, unverified users will have to face limitations on deposit and withdrawal because regulations are inevitable. Thankfully, you can exchange AdvCash to PayPal on HiExchange platform with no KYC or Sign Up required.
However, another notable factor is the partnership with KuCoin and Binance. Both exchange apps offer a deposit option for AdvCash Crypto Credit Card which makes life easier for everyone. Essentially, this option gives the user access to the largest exchange platform in the world.
And of course, all AdvCash to AdvCash transfers are free of charge which is quite common for payment systems.
AdvCash Crypto Credit Card Fees
Opening an account on AdvCash is free and there is no monthly maintenance fee either. The top up fee is at 3.5% and the platform will charge 2.5% for withdrawals. For the credit card, it will set you back $95 for a physical card and $2.50 for ATM withdrawals.
All in all, considering the crypto integration and limited option, the fees are strict but fair.
AdvCash Crypto Credit Card Pros and Cons
- 2FA Activated
- Limited Verification
- No delivery and Maintenance fees
- USD Option for Europeans
- Partnership with Binance
- Not available in the US or Canada
- No staking options
- No Cashback rewards
- Limits for unverified users
In general, there are better credit card options out there. Yet, if privacy and anonymity is your thing, AdvCash Crypto Credit Card is one of the few good choices you will get.
In the meantime, the AdvCash network has been improving very quickly. It wouldn’t surprise us that there will be more added benefits for credit card owners in the near future.