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 one that suits you best for cashing out.
BinPay Official Website: https://ucards.org/go/binpay
BinPay: A Convenient Choice for Cryptocurrency 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 appealing to users who wish to seamlessly use digital assets like USDT and BTC for online and offline purchases. BinPay supports multiple cryptocurrencies for top-ups, ensuring a secure transaction process and 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 provides a digital wallet feature that allows you to check your balance and transaction history at any time, 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 registering.
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, fees, convenience, and other dimensions, discussing 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 HKD settlement, 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 top-ups 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 top-up requirements, making it very cost-effective.
Moreover, PokePay also offers a physical card option that supports ATM withdrawals and POS transactions, and it can even pass 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 Fees#
Next up is VCard. Backed by the publicly listed company Yueshang Group, it guarantees compliance and focuses on low fees and comprehensive functionality. VCard supports USDT top-ups, with a 1:1 conversion to USD without conversion losses, and its top-up 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 choice, VCard is a good option.
3. Dupay - Large User Base but Requires Caution#
Dupay may be the most well-known cash-out U card in the cryptocurrency world. Its application process is simple, with no top-up threshold, and it supports USDT top-ups for consumption on domestic platforms like WeChat and Alipay, making it popular among early users. However, Dupay has also faced criticism for frequent maintenance and occasional risk control issues, with rumors of it going offline at one point (fortunately, it has survived). It has now launched a Euro card, attempting to expand its market.
If you have USDT and want to spend quickly, Dupay is still a viable option. However, it is advisable to use it immediately after top-up to avoid holding too much balance for unforeseen circumstances.
4. BinPay - A Balanced Player for Global Payments#
Returning to BinPay, it ranks fourth in the recommendation list. The reason is that while it offers comprehensive features, it is not as direct for domestic consumption scenarios as PokePay, and its fee transparency is slightly inferior to VCard. However, BinPay's global payment capabilities and support for physical cards give it a place in international usage. If you often travel abroad or need a card that can be used at POS terminals, 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 multiple cryptocurrencies for top-ups, covering both online and offline consumption scenarios, with relatively reasonable fees. 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 top-ups and has a wide range of consumption scenarios, suitable for overseas shopping or subscribing to foreign 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's advisable to start with a small scale.
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 fees are not too high, but its compatibility with domestic payment platforms is slightly weaker. If you mainly consume or withdraw overseas, LocalCard is worth trying.
8. Chicha - A Newcomer to Watch#
Finally, we have 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 early adopter, 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 discussing so much, which card should you choose? It depends on your specific needs:
- Primarily Domestic Consumption: Prioritize PokePay, as its feature of linking to Alipay HK is very appealing.
- Fee Sensitive: Choose VCard, which offers 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#
Regardless of which card you choose, here are a few suggestions:
- Use Immediately After Top-Up: There have been instances of U card platforms going offline, so avoid holding too much balance.
- Pay Attention to Fees: Be clear about card opening fees, top-up fees, consumption fees, and exchange rate conversion fees.
- KYC Requirements: Most U cards require identity verification, so prepare the necessary documents.
- Test Small Amounts: Start with small transactions to confirm everything is fine 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!