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.
Peter
GB$8900 deposit, thousands missing. Blockcard scam? So, I’ve had the block card for a few months. I just recently had a $8926.00 (converted from bitcoin) deposit, and since I read about “TERN VALUE DEPRECIATION WITH USAGE” I’ve been keeping track of all of my transactions, have had a total of about 44 transactions, totaling no more then $7800, and keep in mind I’m waiting on about $1200 in refunds, so you do the math, so I’m confused where about $1000+ of my money is? Their is NO EXCUSE. Something EXTREMELY FISHY GOING ON. I’m not going to go on a long rant, but know this customers and blockcard, if my money does not show up. I will work 24/7 until this company is shut down, or receives no more customers. I have a tremendous social media following on various accounts and platforms. I will be the voice of the people if this is not fixed. Block card you do not want that... Trust me.
Justin Burton
GBSCAM! SCAM!! Money can’t get withdrawn & $10 fee forever
Bjørn Erik Midlang Moen
NOStay away Ridiculous terms. When you deposit ( which may take ages ), it's converted to a practically unusable crypto-currency (TERM). After 3 attempts, I figured validation doesn't work. This seems to be just a ruse. Stay away.
Gert Wohlgemuth
GBmisleading I tried to utilize this service and wired 0.59 ETH (280$) into it, while I understand this is going to be converted to TERN, looking at the current exchange rate it should have been around 270$. Looking at my Blockcard transaction history it also clearly states 280$ received. Also for some reason it does not provide me with a virtual card, unless I order a plastic card I have no need or usage for. Basically stay away