Andre
SKBe aware! I opened an account and made the requested deposit to order the card. Only to understand that no card is available here in Europe. Since then I can not login anymore. No contact to customer service possible, because a login is required to open a ticket....it seems like I lost my money, better be aware and look for another provider!
Truth
GBGreat way to lose your money Blockcard would be awesome except they convert deposited funds to TERN at a fixed price of $.008. Problem is the price of TERN is only rarely at $.008 and usually hovers somewhere around $.006-$.007, and can dip as low as $.005 or below. That means when you deposit you can instantly lose anywhere from a few percent up to like 40% of your funds. In other words Blockcard is keeping the difference between the market value of TERN and the $.008 they convert your funds at.
Brian Rogness
GBHere is my experience: Here is my experience from today. I registered, and was prompted to deposit $10 worth of crypto. I deposit $10.23 USDC. My account is credited $8.56. Customer service was quick to respond, I’ll give them that. In summary here’s whT they said: We don’t credit you the full amount of your deposit, apparently. My deposit of 10.23 USDC somehow only buys $8.56 worth of TERN, the crypto used by the platform. Here’s a link to prices on an exchange you’ve never heard of. Here’s the deal, I’m an actuary who’s really into crypto. I don’t understand your pricing, and I don’t understand where >20% of my money just went. You just arbitrarily gave me Way less money than I deposited and didn’t explain why after I asked. Shouldn’t 10.23 USDC deposited get me at least close to $10 worth of TERN? I asked if a $10,000 BTC deposit would only be worth $8,000 or TERN, and from my understanding of their response, I’d say yes it is. So, considering they just reduce users money on deposit, I think this is a scam and I’d advise people to stay away. ————————————— Update with my response to the reply below: 1. Block card has tried about a dozen times to take this review down. Note that it’s still standing! I had to show screenshots and other details to prove my experience was real. MULTIPlE times. 2. Since posting my review, they have deleted my account and (presumably) seized the entire deposit. 3. I guess there are gas fees involved for your smart contract after the fee I had already paid to send the USDC to you? 3a. It would be nice if you disclosed this up front 3b. Your customer service did not explain this to me, even after I asked if this was a possible cause for the loss. 3c. Reviews on true pilot is not a good way to handle / resolve this situation. Given all the above, I’ll leave it to the readers to decide if they want to trust you with their crypto. Cheers, Bitcoin Brian
Vu Vo
GBThis site is horrid it currently has… This site is horrid it currently has tern priced at .007940-.007960 at the market throughout the whole day and yet my balance went from 9400 (1,188,000 tern as its worth) to 6000$ in a time frame of 5 hours even with all the market showing tern at the same pricing ( I Still have 1,188,000 tern as of now calculate it urself and see) ridiculous scam they better give me the correct balance. Edit - they finally fixed it next day thank god probably an error or i woulda lost 4K 4 stars not bad
Maxx
GBEasy to use and load...the future. Easy to load, easy to use...the future. Works everywhere Visa is accepted. Instant approval for a virtual card...can actually take my crypto with me and spend it! Again...the future. Can't wait for what's coming next...bank accounts and ACH deposits, so we can directly load the card with USD, from our crypto-friendly bank accounts...game changer!!! :)