facebookMCO Visa Card - how to stake without incurring extra fees? - Seedly

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Anonymous

05 Aug 2020

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Credit Cards

MCO Visa Card - how to stake without incurring extra fees?

I staked 50 MCOs via OCBC debit card but got charged foreign currency fee. Is there a way to stake without any fee?

Will I be charged the fee too if I top up the fiat wallet using debit/credit card?

Discussion (2)

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Marcus

05 Aug 2020

Founder at manualmode

I suggest you change the whole app to display everything in SGD instead of USD; that way you will be able to purchase the cryptocurrency directly from the app without incurring any foreign exchange fee from the bank side.

Also, if you want to top-up to the MCO Visa debit card wallet, can simply use another VISA debit card to do so at no fees.

As for the fiat wallet that you're asking about, currently there's no way about it because SGD is still not supported yet. So I suggest you just go and purchase directly with your OCBC debit card since crypto.com has removed their 3.5% fee charge for now.

Tan Wei Ming

19 Jul 2020

Founder and Writer at Frugal Youth Invests

You can use xfers account to buy and sell.

If you use a debit card to top up the MCO card there is no extra fees.

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