Anonymous

05 Aug 2020

∙

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?

Crypto.com Visa Card

2

Discussion (2)

What are your thoughts?

Learn how to style your text

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.

Reply

Save

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.

Reply

Save

Write your thoughts

Related Posts

If you incur credit annual fee in your statement and the bank doesn't want to waive it, can you cancel the credit card without paying the annual fee and get back your balance that was pre-paid?

For the MCO Visa Card, does cashback cover all types of transactions specifically and are there any deposit, withdrawal, or hidden fees to it?

I know that the MCO visa card has a limit because of the payment service act in SG, but I really cannot see how much I spend using the card. Can you build in a limitation bar for the MCO visa card top up function?

How should I pay for my hotel overseas (Rupiah)? DBS Debit Card, CIMB Credit Card or get a Youtrip card since DBS Debit and CIMB Credit card will incur more fees, e.g. foreign transaction fees ?

MCO Visa Card versus the TenX Visa Card, which is better?

Related Products

Crypto.com Visa Card

4.8

303 Reviews

Obsidian Black

Visa

TYPE

Free

CURRENCY EXCHANGE FEES

N/A

MONTHLY FEES

Free for first $1000

OVERSEAS ATM WITHDRAWAL FEES

7

SUPPORTED FIAT CURRENCIES

YouTrip Card

4.5

1123 Reviews

Revolut Card

4.3

349 Reviews

Related Posts

If you incur credit annual fee in your statement and the bank doesn't want to waive it, can you cancel the credit card without paying the annual fee and get back your balance that was pre-paid?

For the MCO Visa Card, does cashback cover all types of transactions specifically and are there any deposit, withdrawal, or hidden fees to it?

I know that the MCO visa card has a limit because of the payment service act in SG, but I really cannot see how much I spend using the card. Can you build in a limitation bar for the MCO visa card top up function?

How should I pay for my hotel overseas (Rupiah)? DBS Debit Card, CIMB Credit Card or get a Youtrip card since DBS Debit and CIMB Credit card will incur more fees, e.g. foreign transaction fees ?

MCO Visa Card versus the TenX Visa Card, which is better?