In the cryptocurrency world, cashing out has always been an unavoidable topic. Whether you want to convert cryptocurrency for daily consumption or need a secure and efficient payment tool, cash-out U cards have become the first choice for many. Today, let's talk about one of the many cash-out U cards—BinPay—and compare it with other popular U cards like Dupay, VCard, PokePay, WasabiCard, Bybit Card, LocalCard, and Chicha to see their respective features and applicable scenarios, helping you find the most suitable option for cashing out.
BinPay Official Website: https://ucards.org/go/binpay
BinPay: A Convenient Choice for Crypto Payments#
Let's start with the main character, BinPay. As a platform focused on cryptocurrency payments, BinPay offers both virtual and physical card options, supporting the global payment networks of VISA and MasterCard. Its core advantage lies in "simplifying your consumption and empowering your crypto wallet," which is quite attractive for users looking to seamlessly use digital assets like USDT and BTC for online and offline purchases. BinPay supports multiple cryptocurrencies for recharge, and the transaction process is secure with real-time fund management, making it popular among efficiency-focused cryptocurrency users.
If you are a cross-border e-commerce player or often need to subscribe to overseas services (like Netflix or ChatGPT Plus), BinPay's global payment capabilities will make it very convenient for you. Additionally, it offers a digital wallet feature that allows you to check your balance and transaction history anytime, making management very intuitive. However, the fees and specific card options for BinPay need to be confirmed based on the latest policies on the official website, so it's advisable to study them carefully before registration.
Cash-Out U Card Recommendation Ranking and Comparison#
Of course, BinPay is just one of many U cards. Cash-out U cards on the market each have their strengths. Below, I have organized a recommendation ranking based on usage scenarios, rates, convenience, and other dimensions, along with their pros and cons.
1. PokePay - The Preferred Choice for Domestic Consumption#
If your cash-out needs lean towards domestic consumption, PokePay is definitely worth prioritizing. It is issued in Hong Kong, supports settlement in Hong Kong dollars, and can be linked to Hong Kong Alipay (AlipayHK) for domestic QR code payments. This is a "magic tool" for users who want to spend USDT directly in the domestic market. PokePay supports recharge with various cryptocurrencies like USDT, BTC, and ETH, with a consumption fee of only 1%. There is a 1% conversion fee for non-HKD transactions, but there are no small transaction fees or minimum recharge requirements, making it very cost-effective.
Moreover, PokePay also offers a physical card option that supports ATM withdrawals and POS transactions, and even allows for 3DS verification, covering some high-security payment scenarios. Whether subscribing to OpenAI online or shopping offline, PokePay can handle it all.
2. VCard - Low and Stable Rates#
Following closely is VCard. Backed by the publicly listed company Yueshang Group, it ensures compliance and focuses on low rates and comprehensive functionality. VCard supports USDT recharge with a 1:1 conversion to USD without conversion loss, and its recharge fees are lower than many competitors. Its highlight is the support for global wallet transfers, such as PayPal and Alipay, making it suitable for users who need flexible cash-out options.
During my trial of VCard, I found that it offers a rich selection of card types, providing a smooth experience for both online payments and cross-border transfers. If you are sensitive to fees and want a reliable long-term option, VCard is a good choice.
3. Dupay - Large User Base but Requires Caution#
Dupay may be the most well-known cash-out U card in the cryptocurrency world. It has a simple application process and no recharge threshold, supporting USDT recharge and linking to domestic platforms like WeChat and Alipay for consumption, making it popular among early users. However, Dupay has also faced complaints about frequent maintenance and occasional risk control issues, and there were even rumors of it shutting down (fortunately, it has survived). It has now launched a Euro card to try to expand its market.
If you have USDT and want to spend quickly, Dupay is still an option. However, it is advisable to use it immediately after recharging to avoid holding too much balance for emergencies.
4. BinPay - A Balanced Player for Global Payments#
Returning to BinPay, it ranks fourth in the recommendation list. The reason is that while it has comprehensive features, it is not as direct for domestic consumption scenarios as PokePay, and its rate transparency is slightly inferior to VCard. However, BinPay's global payment capabilities and support for physical cards give it a place in international use. If you often travel abroad or need a card that can be used at POS machines, BinPay would be a good supplement.
5. Bybit Card - A Stable Choice with Exchange Background#
Bybit Card is launched by the well-known cryptocurrency exchange Bybit, backed by a large platform, ensuring security. It supports recharge with various cryptocurrencies, covering both online and offline consumption scenarios, and the rates are relatively reasonable. For users already trading on Bybit, this card can seamlessly connect to account assets for direct spending or withdrawals, saving a lot of hassle.
6. WasabiCard - Low-Key but Practical#
WasabiCard may be less known, but its practicality should not be underestimated. It supports USDT recharge and has a wide range of consumption scenarios, suitable for overseas shopping or subscribing to overseas services. Its fees and card opening policies are relatively flexible, making it suitable for users testing small amounts. However, community feedback is limited, so it is advisable to start with a small-scale trial.
7. LocalCard - A Potential Stock with High Consumption Limits#
LocalCard is known for its high consumption limits and low losses, suitable for large cash-out needs. It supports both online and offline consumption, and the rates are not high, but its compatibility with domestic payment platforms is slightly weaker. If you mainly consume overseas or need to withdraw cash, LocalCard is worth a try.
8. Chicha - A Newcomer to Watch#
Finally, there is Chicha, a relatively new player. It focuses on low losses and multi-scenario consumption, but its user base and reputation are still being built. If you are an adventurous player, you can keep an eye on it, but it is not recommended as a primary card.
How to Choose the Right U Card for You?#
After all this, which card should you choose? It depends on your specific needs:
- Primarily for Domestic Consumption: Prioritize PokePay, as its feature of linking to Alipay HK is very appealing.
- Fee Sensitive: Choose VCard, which has low losses and stability.
- Global Payments: Try BinPay or Bybit Card.
- Small Amount Testing: You can use Dupay or WasabiCard.
- Large Cash-Out: Consider LocalCard or Chicha.
Tips and Precautions#
No matter which card you choose, here are a few suggestions:
- Use Immediately After Recharge: There have been instances of U card platforms shutting down, so don't hold too much balance.
- Pay Attention to Fees: Make sure to calculate the card opening fee, recharge fee, consumption fee, and exchange rate conversion fee.
- KYC Requirements: Most U cards require identity verification, so prepare the necessary documents.
- Test Small Amounts: Start with a small trial for new cards to confirm there are no issues before increasing your investment.
Conclusion#
As a member of the cash-out U card family, BinPay holds a place in the market with its global payment capabilities and support for physical cards. However, looking at the entire U card ecosystem, PokePay, VCard, Dupay, and others each have their unique features, making it worthwhile to choose flexibly based on your needs. I hope this article helps you avoid detours on your cash-out journey and find the card that suits you best!