Working Crypto to ATM card withdrawals.

in cryptocurrency •  7 years ago  (edited)

Working BTC to ATM card withdrawal

The Problem.

Being able to ‘cash out’ BTC or ALT’s to GBP at an ATM without waiting days has always been important to me and with ever tighter regulations this is becoming far less straightforward.

Like most I had a couple of Crypto to ATM cards, (Wirex, TenX) that have since became defunct when VISA cancelled all cards linked to Wave crest without warning back in January.

Since then I have been looking for a way to simply withdraw GBP/EUR/USD quickly and without too much scrutiny.

What have I been looking for?

• I have wanted the ability to NOT share too much personal information
• I need to be able to instantly convert Crypto to Fiat
• I need to be able to use standard ATM’s
• I don’t want to pay massive fees.

The solution.

I have found that by linking Spectro with Monese ( a standard pre paid Visa card) I can quickly cash out without too much fuss.

What is Spectro ?

Spectro is an established Crypto exchange who convert Crypto to FIAT but more importantly, who offer SEPA payments

What In Monese?
Monese are an online bank app who will give you a free contactless + ATM card along with a SEPA account number to accept transfers

(Using my Monese link below gets you £5 and me a small referral fee)

How to set up

  1. Register for a trader account on Spectro

  2. Register for Monese and have your free card posted to you

  3. Convert Crypto in Spectro to FIAT

  4. Send FIAT from spectro to your monese account

  5. Withdraw FIAT at an ATM.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks, very useful !

Upvoted ☝ Have a great day!

Congratulations @lurka! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You made your First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Congratulations @lurka! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @lurka! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem community has lost an epic member! Farewell @woflhart!
SteemitBoard - Witness Update
Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!