1. Is CoinW Card a credit card or a debit card?
CoinW Card is a prepaid card. In general, prepaid cards are like debit cards and cannot be overdrawn. The difference is that a debit card is linked to your bank account, while a prepaid card requires you to load funds. In our current products, you need to recharge with cryptocurrency.
2. How many types of CoinW Card are there?
Currently, the platform has launched the virtual USD card CW485, and more types of cards will be introduced in the future to meet the needs of different users in various scenarios.
3. Is there an issuance fee or annual fee? How about other fees?
The original issuance fee for CW485 is 15 USDT, but it is currently offered for free in a limited quantity with no issuance fee and no annual fee. There is a 2% fee for recharging, and when used, merchants may charge a small fee.
4. How do I apply for CoinW Card?
Download the latest CoinW APP and register.
iOS users can download from the following link:
https://testflight.apple.com/join/SEEmyWBL
https://app.lianzhushou.net/tf/qm4UE3NAT
https://down.topsignvip.top/#/join/5JH2Pl
Android users can enter the page https://www.coinw.com/page/download/index.html
Or scan the QR code below to download
- Please click [Personal Center] (avatar in the upper left corner) to select the [CoinW Pro] version and enter [CoinW Card] from the homepage.
- Submit KYC and get verified. You need to provide your ID number, name, and an original copy of your ID for both primary and advanced identity verification. Follow the system prompts to complete the process, and the review will be completed within one working day.
- Activate CoinW Card and recharge it by providing card information and verifying personal details.
5. How do I recharge, and when will the funds be credited?
To recharge CoinW Card:
- Open the CoinW App, go to the "CoinW Card" page, select the card you applied for, and click the "Recharge" button.
- Choose "USDT" as the cryptocurrency.
- Inside the wallet, select "Deposit."
- Enter the recharge amount; there is no upper limit for recharging. The minimum and maximum amounts for a single recharge are 30-10,000 USDT (subject to change).
- After recharging, USDT will be credited immediately, with an average processing time of 60 seconds.
6. What should I do if I receive an "insufficient balance" message, and which networks are supported for recharging?
To recharge CoinW Card, you need to have sufficient balance in your CoinW wallet. In the "Assets" - "Overview" section, click the "Recharge" button, select the currency USDT, and choose the recharge network. You can also purchase cryptocurrencies on the Web [Buy crypto] or the App [Convenient].
7. Can I withdraw funds directly to my bank?
CW485 is primarily for consumer payments and does not currently support bank withdrawals.
8. What is the daily spending limit?
The daily spending limit varies for each card. For the USD virtual card CW485, the daily spending limit is 20,000 USDT.
9. How many CoinW Cards can I hold simultaneously?
You can apply for only one card with the same card BIN (Bank Identification Number), but you can apply for multiple cards with different card BINs.