Bobby Lee's new mobile app for managing coins/currencies rolling out, just as Bitcoin and alts are hitting new highs. 📈
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I don't understand how the fees work, especially the transaction ones.
What do they consider to be a foreign transaction?
Since there's 60+ currencies available, you can't really have foreign transactions fees no?
Or may be the card can only be used in USD, it would make perfect sense then.
@pierrickgt No transaction fees for instant transactions to mobile numbers. Perfectly right, the foreign transaction fee only applies for our Mobi Visa Card which is a USD Card.
@kilrau sorry to clarify - all the none USD wallets are just holding foreign currencies, can't spend them directly via the card. If you do, hey will be automatically convert to USD with a fee attached. Correct?
@rick_chen1 "all the non-USD wallets are just holding foreign currencies, can't spend them directly via the card" - correct. The card will only use your USD wallet and optionally your bits wallet via auto-convert. No fees for that. We don't plan to add auto-convert from other FIAT wallets for now, but are open for discussion :)
@kilrau sweet! I am not fussed about auto convert from FIAT wallets, but if u can make it support spending from other wallet would be awesome for travelling
@jpvalery In short: Send money to any mobile number (include your non bitcoin-savvy friends!), convert to 60+ currencies, use your money in real life with the Mobi Visa Card.
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