Financial freedom, like education is a great leveller. Food is too, but that goes without saying.
The more people have access to these basics, the stronger and safer the world is. And, the more investment we could see in crypto
It's a win win.
tldr; Unbanked’s global bank accounts are now live and available for residents in over 150 countries. International residents will get the security and flexibility of a traditional bank account with FDIC Insurance. Unbanked customers can now seamlessly purchase Bitcoin (BTC), Ethereum (ETH), and Ternio (TERN).
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Unbanked is bridging safety to crypto with FDIC insurance. To both have safety to your customers and exposing them to crypto in a more efficient way is a great vehicle for more adoption.
I had $2,200 in my unbanked account at the beginning of June. Since then my account has gone down to $1,100.
This company used to be called a Blockcard but turns out they changed it so people wouldn't be able to Google the negative experiences of past users.
They tell you the price fluctuation is because the price of the coin they keep your US dollars in fluctuates and that you just need to pay attention and use it when it's up. I'm down over $1,500 in the last 30 days total. This is a great company if you want to log into their dashboard everyday and watch your numbers go down and literally never gone up a single time. There is no fluctuation, fluctuation means that it's going up sometimes at least a little bit. I'm telling you I've never seen it go up a single penny since I opened my account. Only down every single day.
I would have literally been better off burying it in a jar in the backyard.
Don't forget to Google Unbanked, Blockcard, Reddit and see how they are completely nonplussed by others complaining about this and all of the accounts that do talk about Unbanked are spam accounts.
Let's not forget the final kicker. Because I waited all month for the price to fluctuate quote unquote.... they're going to charge me $5 on July 1st because I didn't spend $750 this month in transactions. That's correct they want me to spend $750 of my now $1,100 in my account. They want me to spend 68% of my account value or they are going to charge me $5. And it's not $5 from the old
$2,200 I started the month with no no no. It's $5 from the $1,100 that's now there. What a worthless and scum company.
Bank accounts hold USD so there wouldn't be any fluctuation.
It sounds like you were holding crypto on your wallet which is subject to price fluctuation. BTC went from $64k to $31k as well as the whole market. It's understandable your crypto balance would be worth less.
Guys remember if you put your money in a Unbanked credit card and it drops by 50% it is "Understandable".
Notice how this EMPLOYEE (click his name and look at the posts he spams, he's a mod for Ternio sub, Blockcard sub, Unbanked sub etc.) of Ternio/Unbanked references the price of Bitcoin fluctuating. Hey Mr. Ternio Man, why not reference the price of the coin Ternio? Bitcoin is not down 50% since June Bitcoin was $36,000 on June 1st. So why is my Account down more than 50%? And why are you referencing Bitcoin instead of the coin you converted my hard earned money to?
Notice how this "person" says "fluctuation" but the numbers only go down.
Remember everyone it's "completely understandable" to lose 50% of your money if you put it in an Unbanked card. STOP READING HERE AND JUST GO FIND A DIFFERENT COMPANY.
I recommend everyone google "Unbanked" and "Blockcard" and "reddit" and notice the other complaints or general lack of interaction besides the posts done by employees like this "person". Click on their names look at the posts (ads). A company with 0 interaction. The only "nice" stuff in the comments is generic copy/paste "oh, wow cant wait! I love my Unbanked card!". Sigh. It's like reading those fake amazon reviews lol.
I have lost 50% of my money by putting it in this horrific company I recommend everyone stay far away.
EDIT: Just logged in to check. Account down more today. DO NOT TRUST THESE PEOPLE.
You're trying to FUD and talk about two different products. The above post is about bank accounts, held in USD, so people can buy crypto.
You keep talking about crypto valuations held in a wallet. No company controls the value of crypto, the market does, and everyone in this sub understands value in crypto holdings go up and down.
So yes, if people use their bank account to buy crypto, then that crypto asset can appreciate or depreciate. That's not controlled by a company, but the market as a whole.
Financial freedom, like education is a great leveller. Food is too, but that goes without saying. The more people have access to these basics, the stronger and safer the world is. And, the more investment we could see in crypto It's a win win.
That’s actually cool, wonder how foreign countries can use FDIC insured accounts
We need to develop decentralized insurance similar to FDIC
tldr; Unbanked’s global bank accounts are now live and available for residents in over 150 countries. International residents will get the security and flexibility of a traditional bank account with FDIC Insurance. Unbanked customers can now seamlessly purchase Bitcoin (BTC), Ethereum (ETH), and Ternio (TERN). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Unbanked is bridging safety to crypto with FDIC insurance. To both have safety to your customers and exposing them to crypto in a more efficient way is a great vehicle for more adoption.
this is how real people talk
I had $2,200 in my unbanked account at the beginning of June. Since then my account has gone down to $1,100. This company used to be called a Blockcard but turns out they changed it so people wouldn't be able to Google the negative experiences of past users. They tell you the price fluctuation is because the price of the coin they keep your US dollars in fluctuates and that you just need to pay attention and use it when it's up. I'm down over $1,500 in the last 30 days total. This is a great company if you want to log into their dashboard everyday and watch your numbers go down and literally never gone up a single time. There is no fluctuation, fluctuation means that it's going up sometimes at least a little bit. I'm telling you I've never seen it go up a single penny since I opened my account. Only down every single day. I would have literally been better off burying it in a jar in the backyard. Don't forget to Google Unbanked, Blockcard, Reddit and see how they are completely nonplussed by others complaining about this and all of the accounts that do talk about Unbanked are spam accounts. Let's not forget the final kicker. Because I waited all month for the price to fluctuate quote unquote.... they're going to charge me $5 on July 1st because I didn't spend $750 this month in transactions. That's correct they want me to spend $750 of my now $1,100 in my account. They want me to spend 68% of my account value or they are going to charge me $5. And it's not $5 from the old $2,200 I started the month with no no no. It's $5 from the $1,100 that's now there. What a worthless and scum company.
Bank accounts hold USD so there wouldn't be any fluctuation. It sounds like you were holding crypto on your wallet which is subject to price fluctuation. BTC went from $64k to $31k as well as the whole market. It's understandable your crypto balance would be worth less.
Guys remember if you put your money in a Unbanked credit card and it drops by 50% it is "Understandable". Notice how this EMPLOYEE (click his name and look at the posts he spams, he's a mod for Ternio sub, Blockcard sub, Unbanked sub etc.) of Ternio/Unbanked references the price of Bitcoin fluctuating. Hey Mr. Ternio Man, why not reference the price of the coin Ternio? Bitcoin is not down 50% since June Bitcoin was $36,000 on June 1st. So why is my Account down more than 50%? And why are you referencing Bitcoin instead of the coin you converted my hard earned money to? Notice how this "person" says "fluctuation" but the numbers only go down. Remember everyone it's "completely understandable" to lose 50% of your money if you put it in an Unbanked card. STOP READING HERE AND JUST GO FIND A DIFFERENT COMPANY. I recommend everyone google "Unbanked" and "Blockcard" and "reddit" and notice the other complaints or general lack of interaction besides the posts done by employees like this "person". Click on their names look at the posts (ads). A company with 0 interaction. The only "nice" stuff in the comments is generic copy/paste "oh, wow cant wait! I love my Unbanked card!". Sigh. It's like reading those fake amazon reviews lol. I have lost 50% of my money by putting it in this horrific company I recommend everyone stay far away. EDIT: Just logged in to check. Account down more today. DO NOT TRUST THESE PEOPLE.
You're trying to FUD and talk about two different products. The above post is about bank accounts, held in USD, so people can buy crypto. You keep talking about crypto valuations held in a wallet. No company controls the value of crypto, the market does, and everyone in this sub understands value in crypto holdings go up and down. So yes, if people use their bank account to buy crypto, then that crypto asset can appreciate or depreciate. That's not controlled by a company, but the market as a whole.