Xexon Card
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Xexon Card Review
A common argument for regular money (also known as fiat currency) as opposed to cryptocurrency is that you can’t use cryptocurrency to buy groceries and other everyday items. Well, through the use of a crypto debit card, you can. This is a review of Xexon Card, one of the crypto debit cards out there
General information
The first thing worth mentioning here that Xexon does that is quite different from most other crypto card providers is what happens when you get a card. When you get a card and complete KYC, you are also given an individiual offshore bank account. How about that, huh? This bank account has online banking facilities, and your Xexon Card is linked to your offshore bank account.
The comany behind Xexon Card (Three Kingdoms Co., Ltd) is based in Laos. Laos does not have tax agreements with many countries, which according to the company gives its card holders "privacy regarding their virtual currency holdings".
Different from many other crypto debit cards out there, Xexon also welcomes card holders from the United States.
In addition to depositing cryptocurrency, you can deposit funds to the card through using wire transfer, other debit cards and credit cards.
Supported Cryptos
The card currently has support the three biggest cryptocurrencies in the world: Bitcoin, Ether and USDT.
Picture of Xexon Card
Here's a picture of how the Xexon Card looks:
Quick and Easy Affiliate Program
As a part of promoting and building the Xexon community, customers can apply to be a part of the Xexon affiliate program. Members who bring new members to the community will get a bonus and a percentage of all their rewards, plus all downstream referral rewards.
All members who get approved in the affiliate program get an individual referral link attached to their account. Simply share your link with friends and earn even more rewards. The more friends you refer, the more rewards you get! A great passive income scheme for Xexon Card users.
Xexon Card Fees
The Xexon Card’s fees are good, but not great.
There is an issuance fee (150 USD), but that makes sense considering that the card comes with a personal off-shore bank account. 150 USD is also the minimum deposit.
The most important fee of them all however is the commission on spending. Xexon Card has a low commission on spending, 0.75%. The 0.75% applies also to ATM-withdrawals. This means that when you spend 100 USD somewhere, you're charged with 100.75 USD. It's not more complicated than that.