BTCe Exchange has Announced Withdrawal of Funds to VISA and MasterCard

21 Mar
2014

visa-mastercard-btce

Today the BTC-E crypto currency exchange, one of the top exchanges, has announced the option to withdraw funds to VISA and MasterCard cards, regardless of the issuer of the card or the currency. There is a 5% fee associated with the service to transfer funds from the exchange to your card and currently only USD can be withdrawn. If the card is not in USD the issuing bank will automatically convert to the card’s currency based on its exchange rate. It should take 2-4 business days for the funds to be available in the card according to the exchange. Note that only Visa and MasterCard credit cards are supported, the debit cards with Maestro or VISA Electron logos are not supported by the new payout system. We have not yet tested the service, but we do plan to check it out as it offers another convenient way to get cash from selling Bitcoins or other alternative crypto currencies if the amount is not very big.

For the full news announcement regarding the withdraw to Visa and MasterCard from BTC-E…



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2 Responses to BTCe Exchange has Announced Withdrawal of Funds to VISA and MasterCard

jamie

March 21st, 2014 at 23:07

Would this work for us with a mastercard in Europe?
wonder if it would be good because they could take all our profit due to exchange rate as Euro is much higer than $

admin

March 21st, 2014 at 23:17

Should work with all cards according to BTC-e, regardless of the location… they could also add EUR withdraws if the user demand for is high enough.

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