Does anyone here have a bitcoin debit card?
I have been looking at a few different cards.
https://wirexapp.com/cards/ (This is the old E-Coin card)
https://xapo.com/card/
I think the conversion fees are a bit high. On average the conversion from USD to ZAR is 3% of purchase. I have seen a card with 1% fees but can't recall which card it was.
At the moment I have 50% ETH, 15% BTC, 15% Ripple, 5% Ethereum Classic, 5% Litecoin, 5% ZCash, 5% Golem
I'll look into Siacoin, Status & Bancor.
I'm still looking for an alternate or additional wallet to Jaxx.
By the end of August I will have R100k to dedicate to cryptos. I am looking for opinions as to which option would be better.
1. buy 2 x 6 gpu mining rigs and start mining. With the current hardware shortages I will be paying a pretty penny for what is available, or have to wait a few weeks longer for the rigs after ordering.
2. Buy R50k BTC & ETH each.
3. Buy R25k BTC & ETH each and 1 mining rig.
Any opinions would be greatly appreciated.
Hi Sailtrader, welcome to the forum. Lots of advice here. And if you have any questions, just ask.
Here are a few very knowledgeable guys around.
Sent from my SM-N910F using the Platinum Wealth app
I tried mining with nicehash on my i7 laptop over the weekend. I couldn't get to use the gpu (M540). It just used the CPU. But I don't think one would get any reasonable gains with 1 gpu.
Thanks Spreadsheet Ranger. Very easy guide. I followed your instructions and transferred some ETH to GateHub. I'll convert to Ripple as soon as my transaction is complete.
Thanks for the detailed explanation BitcoinZAR. For now I don't like the conversion fee offered on the cards. I'll hold out for when a locally based institution/bank can provide a similar card. In the mean time I'll pump any free funds I have into cryptocurrencies.