Based - Crypto card

jesuschrist

🗣️ Active Recruit
Dec 25, 2022
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They have good plans with low fees, 2% cashback (with 1.5% FX fee) or 4% cashback (0% FX fee)
The token lockup required is pretty low, about 700$ or 7000$ for their gold plan

I still expect their token price to go down, but if you compare them to other similar services like cryptocom, Based's tokenomics is the least worst in this cashback range.
I'm not affiliated with them, just like their service, if this is not allowed just delete it.
 
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KYC is basic Sumsub passport + selfie, they accepted me after 2 days I think.
They also ask your residency address but no PoF document needed, card delivery can differ from that address.

Good:
I tried like 10+ crypto card before, so far they are my favorites.
As a European I've always wanted to try those high cashback US credit cards, ofc the main reason is to spend your crypto without fees, but its a fun bonus.
Singaporean company, funded by big names.

Bad:
Their app is confusing asf.
You get like 3 different address, its not clear which address is for which service. Different services are on different chains too, so what you have on spot you might can't transfer to stake or deposit to card, so be careful when you transfer.
If you want their card service you have to login with your email and you get a new address, different from the address generated on your mobile. You can export that key later so if they go down you can still access the funds there.
But this address was generated by them, not on your device, so it's possible that your locked in stake + funds deposited to your card might disappear anytime.
 

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