Virtual Card Integration for Crypto Withdrawals
Last updated
Last updated
This function allows users to seamlessly withdraw cryptocurrency from their KoinBay wallets using Alchemy Pay’s virtual card options. The integration offers two card types: Lite and Standard, both providing easy top-up and secure withdrawals without requiring identity verification. Users can recharge their cards with as little as $15 and benefit from low fees and flexible monthly limits.
• Card Application: Users can choose between Lite and Standard cards, providing a tailored experience based on their needs.
• Recharge and Fees: The system allows easy recharges with a minimum of $15, and the fee structure is designed to be cost-effective, starting at 2.5%.
• Monthly Limits: Each card type supports a monthly top-up limit of $300, ensuring users can manage their crypto withdrawals efficiently.
• No Identity Verification: This feature makes the withdrawal process faster and more secure, allowing users to transact without identity checks.
Additionally, restrictions are in place to ensure secure usage, such as prohibitions against linking cards to certain high-risk platforms. A detailed list of prohibited merchants and scenarios is included to guide users on how to avoid transaction issues.
To learn more about setting up and using these cards, including fee structures and recharge processes, you can check the full tutorial here: