Quote:
Originally Posted by quinsmommy
Thank you!
Still waiting on my bitcoin 12 hours in.
What is the best way to get a large amount of money with the bitpay debit card?
ATM is twice a day at 1k max?
Stores only offer 200$ (Aldi) cash back?
Any other way?
Here is what i have found over time to get the most bang for ur buck, in getting cash off of the bitpay card:
1. ATM METHOD
most atms have limits of 500ish or smaller per transaction, but u can do multiple transactions per day obv. Apparently the atms u find using the following page will not charge an additional fee when using the bitpay card, so you would only pay the $2 fee to bitpay, not the atm:
https://www.moneypass.com/atm-locator.html
2. CASH ADVANCE METHOD
u can go into most banks/credit unions and do a "cash advance" for free (u just pay the same $2 to bitpay) and get 750 at a time. this is better than the atm method, unless u find an atm which doesn't charge a fee and also gives 750 per transaction, in which case it's the same. more info here:
http://forumserver.twoplustwo.com/sh...ostcount=22304
3. WALMART VISA CARD UNLOAD
Of the three methods, this one is the best. u can go into walmart and get "cash back" off of debit cards, up to 1k at a time, for a $3 charge (w/o buying anything). i don't think bitpay assesses a fee with this method - i think it just looks to them like a purchase. u go to the "money center" if they have one or just the customer service desk to get this done. i think they're only supposed to do one of these per card per day, but I think u could do more with some creativity.
all three of these methods are different transaction types (although with bitpay they seem to lump atm transactions and cash advance aka over the counter transactions (1. and 2. above), together). u should be able to get more out in a day using a combination of these three, in the event that you want to pull out more than 3k/day.