mybtc-card

Canadian crypto exchange MyBTC.ca has announced a popular new payment method: the Prepaid Visa Card, a completely free card that allows customers to lock in their profits and cash out their earnings in Canadian dollars.

In addition to offering a new way to withdraw your dollars, the card also offers benefits that enhance everyday life such as paying bills and making purchases.

By further simplifying the withdrawal methods already available on the exchange, MyBTC.ca now allows its customers to use a card that offers all the benefits of any other prepaid card. But it also comes with a mobile app available for Android and iOS devices on Google Play and Apple App Store respectively. The online wallet portal allows you to use your card as it suits you: paying bills, transferring money using the Interac system or transferring funds to other Visa cards.

This card works like any other in that it can be used to pay for goods and services at physical stores that accept card payments – which is virtually everywhere. You can also withdraw funds from ATMs in local currency, even if you are not in Canada at the time. Finally, the card offers the best benefit of all: a cashback rewards program! By using the card to make payments, you earn points that can then be converted to cash.

The limitations of the card are also very reasonable: you’ll need to withdraw a minimum of 50 CAD for the payment to go through, and you’re limited to a maximum of 2,500 CAD per day. However, other withdrawal methods offer a higher daily maximum, so if you need to withdraw more, you can use them – an Interac e-transfer is capped at 10,000 CAD, while the maximum for a bank transfer is 100,000 CAD. On the other hand, the minimum withdrawal by bank transfer is 20,000 CAD. So both the prepaid card and the Interac transfer are excellent choices for smaller amounts.

Have you received your Visa Prepaid card yet? If not, be sure to apply for one through your MyBTC.ca dashboard – for free, through the fastest way to buy Bitcoin (BTC) in Canada. Happy trading!