ZoneBitcoin EditorialAdvcash card: have a bitcoin bank card for 1 euro?
In a previous article, we talked to you about advantages of cryptocurrency bank cards. We also plan to do reviews and opinions for each of the cryptocurrency bank cards.
But, before that, we wanted to talk to you about the prepaid card AdvCash. I remind you that the AdvCash prepaid card is a prepaid card in classic fiat currencies. It is therefore not a cryptocurrency bank card like NebeusEg.
But, you can also use it on many sites that accept bitcoins and above all, you can use it for your various online and physical purchases. You can also buy bitcoin in cash with AdvCash. And, as it only costs 1 euro, we wanted to tell you about it.
Now that all that is clarified, let’s start our review of Advcash!
About Advanced Cash Company
First of all, the company in its full name is known as Advanced Cash. We rather know it by its abbreviated term: AdvCash. It is a company that provides a cryptocurrency wallet to facilitate online transactions.
The company founded by Russians has existed since 2014. The head office is in Belize. Advanced Cash is the subsidiary of the holding WaveCrest Holdings Limited, one of the leaders in prepaid card services.
The holding company has over 20 years of expertise in prepaid payment cards. This gives it a certain financial base. Moreover, on the AdvCash website, the company highlighted these licenses awarded by the "International Financial Services Commission" of Belize. These licenses give legitimacy to the company in online payment and international money transfers.
The prepaid card AdvCash
On Advcash, it is possible to exchange your bitcoins for euros, dollars, pounds sterling and even rubles. You certainly know that the Russians are very present in the world of cryptocurrencies. As has also been said, the founders of AdvCash are Russian. Likewise, the creator of Ethereum- Vitalik Buterin– is himself Russian. In short, we understood that the Russians were very active in the world of blockchain; OK.
So, on Advcash, you can spend your bitcoins or fiat currencies (traditional currencies) to purchase goods or services.
You can choose between a physical card that is sent to you by mail. You therefore have a physical prepaid card that you can use to pay in physical stores.
You can also choose the prepaid card for just 1 euro! This virtual card gives you all the figures of your prepaid card. You can therefore use it for your online purchases. This may be super reassuring if you go to somewhat shady sites….Naughty goes!
Of course, the Advcash prepaid bitcoin card is Mastercard and Visa compatible.
What you can do with AdvCash:
- For example, you can send and receive funds from a user who also has an account on Advcash.
- Yes, Advcash is above all a platform for managing your prepaid card and your balances in fiat currencies.
- You can transfer and exchange your dollars into bitcoins and send them directly to your bitcoin wallet.
- You can pay online and in physical stores that accept Mastercard.
- You can pay with it on cryptocurrency sites like bitcoin casino sites or HYIPs for example (we do not recommend that you go to this type of site!)
What is a prepaid card?
A prepaid card, as its name suggests, is a card where you load a balance to use it. You can only spend what you have on the card. This is very careful, especially if you have an easy trigger. In addition, this allows you to pay without worrying that your account will be hacked or that your personal data will be accessed.
Advanced Cash offers rather reasonable prices on its platform. As with Wirex, crypto transfers within the platform are free. There are also no fees in trading between crypto and fiat currencies.
AdvCash is very popular with its customers because it can be used with several other payment solutions. If you use a solution like Payeer, OKPAY or PerfectMoney, then the loading fees are between 0,5% and 4,95%.
Likewise, if you use your AdvCash pre-paid bitcoin card to make online purchases in major stores such as Carrefour, Nike or Amazon, then no payment fees will be applied.
Yes, it’s really interesting price-wise!
If you top up your AdvCash prepaid bitcoin card, there is a $/€0,99 fee that applies.
What are the disadvantages of AdvCash?
- There is no smartphone app for AdvCash yet.
- We don't really know the founders of Advcash.
- A daily limit on transactions is imposed on all users, whether they have sent their identity documents or not. If you are verified, then you can deposit $500/day and $2500/month. You still have a spending limit of $3000 per day.
- The site is not translated into French….even though they have more and more French customers…It’s a shame.
- Finally, you should not buy using your crypto balance. It's still a real shame at the moment.
Yes, you can also use it anonymously.
What are the fees for the Advcash prepaid bitcoin card?
What about ATM fees? In this case, the costs are fixed and amount to €1,99, regardless of the country in which you are located. So if you're traveling or whatever, again the fees are very low! Now let's move on to the advantages of the Advcash prepaid card.
The advantages of the AdvCash prepaid card:
Registering on Advcash is very easy and takes place in 2 steps.
You have the choice between 2 types of MasterCard prepaid cards: the physical card and the virtual card. Keep in mind that you can pay online with the virtual card. All you have to do is enter the numbers on your card to pay. For the physical card, it will be useful to you in physical stores. So much for the difference between the physical and virtual card.
You can top up your AdvCash account by WIFT/SEPA bank transfer (only for residents in Europe).
AdvCash cards are affordable in terms of price: the virtual card is sold at €/$1 and the physical card is sold at €/$4,99. To benefit from this price, you must then place the order within 7 days after registering (after this period, the physical card will be $14,99 or even €17,99).
The card is valid for 3 years. Afterwards, you will have to order another one.
There are no maintenance fees, neither on your cards nor on the platform.
AdvCash's physical prepaid card is sent from the UK. Delivery in France is therefore more or less fast. It takes approximately 2 weeks.
It is not obligatory to verify your identity before carrying out your first transactions. For those who like anonymity, it's perfect. However, beyond a certain threshold, you will be asked for your identity proof.
You can make withdrawals in euros or dollars at all ATMs. Possibility of making withdrawal operations at all counters accepting VISA and MasterCard.
Discover the Advcash prepaid card now.
Also, we remind you that the prepaid card AdvCash does not allow you to pay in cryptocurrency.
However, it is a prepaid card that allows you to buy bitcoins or cryptocurrencies on platforms such as PaxfulEg.
Personally, I have an advCash virtual card, because it only costs 1 euro.
I only use it when I go to buy on sites that I don't know well. I also use it when I buy online via my smartphone. Indeed, you can never be too careful as they say!
Otherwise, you can watch the 8 Best Crypto Bank Cards to make your choice.
Come on, see you soon for a next article 😉
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Note: This is not financial advice. Always do your own research before investing. All investments involve risks.
