Blockcard Review - Easiest Way To Buy & Convert Crypto/ Btcmyk Bonus

In this video Michael Joseph Presley reviews the BlockCard crypto debit card from Ternio. He explains that the card is currently available only in the United States with a planned rollout to 31 European countries. Presley contrasts BlockCard with his previous experience using BitPay, highlighting BlockCard’s instant virtual‑card issuance (usable within five minutes), seamless automatic conversion of dozens of supported cryptocurrencies into a spendable fiat balance, and a rewards program that offers up to 6.38% APY on staking, spending, or providing liquidity. He walks through the purchase flow by buying Bitcoin, describes the physical‑card options (standard plastic vs. $50 metal card), and details the fee structure ($5 monthly fee waived after $750 spend, $10 activation for the metal card, daily spend/ATM limits). Presley also explains the underlying Tern (TURN) token and USDD pricing model that determines the card’s USD‑equivalent balance, noting that balances fluctuate with market activity. The KYC onboarding is portrayed as quick and minimal. Finally, he promotes a referral link and the BitcoinMYK universal basic income project, which can provide a free bonus to help fund the card. He concludes that BlockCard offers the most user‑friendly experience for newcomers to crypto, recommending it strongly.
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Welcome back to the channel. I hope you're having a great day. So today I want to talk about, uh, or review rather, BlockCard. Um, this is one of these cryptocurrency cards that you're able to purchase cryptocurrencies, uh, on and as well as withdraw to your local fiat currencies, as it were. Uh, now at this point in time, the BlockCard is only available in the United States, but it is coming soon in 31 countries in Europe. So that, that's going to be for the people who don't have access to the BlockCard yet. From, from Ternio, Ternio being the, the company that created BlockCard, uh, just be a little bit patient. They seem to, um, be be working on that. And so in over 31 countries throughout Europe, we have access to this, to this card. Uh, at this point, I could tell you that the Block card has become my favorite card, and that's for a few reasons. Um, I had been using several, uh, crypto cards, um, uh, just coming off BitPay. BitPay made some changes that I thought were unfortunate, and I I actually end up stop using them, and I was a big advocate for BitPay, but they just did a lot of things recently that were very inconvenient for me, and it got me to looking for other projects. So I want to just say straight off, right off, about BlockCard is it's very interesting. You immediately are able to use this thing. So you're— when you register an account, uh, to, to open an account with BlockCard, you actually receive a virtual— the virtual version of your card. It's very fast process, takes about 5 minutes. And, um, when you receive that, you're able to start using this card. You have the number, um, you have everything you need but the physical card, which is generally going to arrive in 7 to 10 days, right? And so it's very convenient because you can already immediately start buying your cryptocurrency and doing a variety of things, right? Let's just let you see some of the other features here on the site. It talks about the rewards and staking, and this is very interesting. It says, whether you have a car, an account, or simply tokens, we've got you covered. Earn a return with spending, staking, or providing liquidity. Oh, excuse me. So you can see you can earn up to 6.38% on your BlockCard, and that's whether you're staking or spending it or providing to their liquidity pool. Right, and that's pretty, that's pretty cool because now you can, you can earn on, you know, more money by doing that, by using the BlockCard. And it accepts many cryptocurrencies. You can send them directly into your wallet. You can send Bitcoin, you can send Bitcoin Cash, DAI, Ethereum, Litecoin, Paxos Standard, Stellar Lumens, and their signature cryptocurrency Ternio, right? Tether as well. TrueUSD, USD Coin, XRP. I believe XRP hit was recently due to many of the SEC lawsuits that are in play. I believe XRP was removed from the system, and so that may not be available. I believe I got a message from them, but many of these other cryptocurrencies you see are available, and it's pretty awesome when you send these cryptocurrencies to your wallets. It automatically converts to turn your cryptocurrency, which automatically converts to the currency of your, uh, in the United States right now, but soon it will be in Europe, and you're able to access your credit card and, uh, immediately. And this conversion, it does it automatically. It shows up as a cash balance on your card, so you don't have to do anything. It makes the cryptocurrency process very, very easy, right? Very, very easy. Um, Let's see, I'm gonna hit buy Bitcoin just to see what that looks like, how easy that process is. And you can see here how you could do it fast. And that is because everything is done seamless, kind of reminiscent of those sites like Changelly and, many of the, the swap sites, right? Uh, can't think of it right now because it's been so long since I used them. Um, but, um, uh, it's a very easy process. Like, this is— you could tell this is designed for people who don't know anything about cryptocurrency, right? Um, and everything just kind of converts on its own. BlockCard account holders can now seamlessly purchase Bitcoin utilizing their bank accounts. No hassles, quick and easy. Unlike other platforms that make you wait days or weeks for access to your Bitcoin, BlockCard offers near-instant settlement of Bitcoin purchases to your self-custodial wallet. Right? And so you think of your, your, your Coinbase, as it were, and have to wait 2 to 3 days to be able to purchase your cryptocurrency and so on and so forth. All right. And this is just so seamlessly and well done with the Block Card. Right. It's also very interesting that you can actually get— when you're getting the physical card, let's try and see if they have a the actual display of it, but when you're getting— let me hit credit card, it might take— it might show us there, but I don't know if that's even clickable. But when you're, um, choosing your cards, you have the, um, the option to choose either standard plastic card or you get this actual metal card, um, which is pretty darn cool. Now I don't know if there are any other features on that card. Let's take a look and see if there is. Sign up for the Block Card Visa debit card and make your purchase in minutes. Yeah, and that's true. When you sign up, you get a virtual card and it's just like you got the actual credit card. In several days, the physical card comes in the mail, but you can, you can choose You can actually choose if you want an actual metal card or just a plastic card. Now the metal card does cost $50, so it costs a little bit, but having a metal card has to be pretty darn cool. But let's look at some of the fees, and I'm wondering if there are any other perks to having that metal card. Let's see, what are the fees here? There is a monthly fee of $5, all right, and that $5 fee is waived if you're spending more than $750 in non-cash transactions per month. Um, and, um, it goes over some of the, the basic fees here. So let's see what happens with the, with the metal card. They're speaking of it now. They're saying the $50 metal card, uh, activation card fee is $10, is $50 for the metal card, right? The PIN updates, uh, I just did that when I received mine, but I don't really see any— anything saying that, uh, having that metal card is going to give you further perks like some cards does have that where you can get a lot more perks. And I'm just double-checking to see if you get any more perks besides this. Okay, here, this might explain some of it. So let's go over that. The plastic card, the virtual plastic card. So what happens with the virtual card is you can immediately start using it, right? Probably in 5 minutes you can start using your, um, your virtual card. It has a daily spending limit of $5,000, has, um, uh, the daily ATM withdrawal, um, I think that might depend on the actual machine, um, okay, but let's get to— okay, that's saying for the— okay, I see now when you actually receive the plastic card is $500 daily withdrawal fees. And, uh, let's see if there are any differences here with the metal card. Maybe besides just having a really cool card, that's the only difference. I know some crypto cards, they might have higher staking rewards or something like that when you get a, a special type of card or a special level card, but I don't think that's really what they're going for. And, um, and, and, and BlockCard. Um, but we do know when you, uh, spend more, when you stake, you do receive certain perks. I think what's also very important, I think, is, is with the BlockCard's gonna be the actual ease of use. Oh, excuse me, guys, that's not good. I apologize, forgot to turn off my notifications. Um, but yeah, um, that's basically what happens, um, uh, when you get the car. The, uh, basically the, uh, what the fee schedule's like. And, uh, um, just looking for any more pertinent details about it, but Going back to just entering into the cryptocurrency space, those are going to be some of the more important obstacles to overcome, and that is onboarding, getting your access, a gateway for your funds to get into crypto and convert to crypto. And in some cases, when there are products or services that you just can't get in cryptocurrency, taking that out and being able to convert that to cash conveniently. And this is basically where BlockCard excels at because they've made that entire process seamless. As soon as your money enters the account, you don't have to do any conversions. Like, I remember with BitPay, I would actually have to physically do the conversion, right? Take the cash and actually convert it to Bitcoin and vice versa. Right, but with this, it goes, it becomes their cryptocurrency, the Tern dollar, the Tern coin. Okay, what about indefinitely stopping notifications? So, um, yeah, speaking of the Tern, their cryptocurrency, the Tern, the Tern coin, why does your balance keep changing? So You will likely observe changes in your USD spendable balance day-to-day. Besides spending and depositing activity, your USD equivalent account balance will change dynamically according to the market value of Tern, the underlying cryptocurrency asset for your BlockCard account. Your Tern balance will not change unless you make a transaction deposit. Only the monetary USD to Tern conversion price based on market price, right? BlockCard uses United States Dollar Derivative (USDD) term to establish market value. This is independent of, uh, the Stellar Lumens term, Tern, or Ethereum or Bitcoin term, for example. Using USDD to establish value helps smooth out some of the fluctuations in the marketplace, but there will still be fluctuations in value based on the value of Tern trends in the larger cryptocurrency market and the deposit and spending behavior of users in particular during times when there's a lot of depositing and spending activity. So, uh, your spendable value on BlockCard is tied to TURN on the BlockCard ecosystem. We do not use CoinMarketCap as price value. As users deposit on BlockCard, the value of TURN increases. As people spend, the value decreases. This is tied to the Tern market, the USDD Tern market. Tern is never issued at less than, um, an eighth of a cent, but can be higher based on BlockCard market usage. Tern can be spent at any price. We have worked hard to build utility of Tern into the functionality of the BlockCard. So Tern being the cryptocurrency of the underlying asset of the product itself, of BlockCard. The Turnio company, the business, um, is what created BlockCard. And, uh, there are some slight fluctuations, but this is also important to being able to handle merchant services conversions and what creates this very smoothless, um, uh, this very seamless, uh, uh, product and how the inner workings of it works. Um, and so I find it very interesting. Also, when you have Tern, you can send it, and I believe it's actually free to all Tern holders back and forth. I don't believe there— I could be wrong. I think there, there might do be some fees in association with that, but you can send the Tern right outside your— to anybody in that network with Tern, right? Um, you know, I think that when, when all is considered, from what this cryptocurrency card looks like in comparison to others and the user experience, uh, from what I can see so far, BlockCard is gonna do probably the best job of the cards right now. Maybe I need to do a video where I do comparisons on some of the other cryptocurrency cards. But the reason I'm saying that is because a person who literally doesn't know anything about cryptocurrency can get this card and start buying in about 5 minutes. Um, and that's saying a lot. That's not, uh, usually with cryptocurrency it's got to be, um, the person physically converting or moving from exchange to exchange or something like that. Not going to have that problem. Not to mention that you can deposit with several dozen cryptocurrencies. That's another thing. These cards generally might only have a way you can deposit maybe like Bitcoin or a few of the major cryptocurrencies, perhaps a stablecoin, perhaps Tether. But BlockCard, just a very good product from what I can see so far. I think the fees are reasonable, $5 a month. I think it's reasonable. Based on what it's doing. Um, you know, I think it's also kind of comparable to most cars. I think they're probably all in that same ballpark, so to speak. Um, and, uh, again, just the level of convenience of a person new into cryptocurrency, uh, I think this works very, very well. Um, it looks like they do have an app. That's weird. I haven't tried the app. Um, yeah, that's odd. I would think I have tried that, I tried that by now. Um, have a referral program. We'll be sure to leave our link in the description so you can try out this product. Okay, we're saying now coming soon iOS and Android. So I was wondering because I thought that was strange as I was— it seemed I was accessing this just regularly from my phone. Um, let's see, but it looks like you do have a Um, a way you can do some, some scrolling there. Uh, it says, uh, within minutes you can register for your BlockCard account, add funds, pass KYC, get a virtual card, and make purchases anywhere major credit cards are accepted. Register at no cost to you. And that's one thing I just wanted to bring up real quick. You know, a lot of the times with these cards that have KYC It's kind of long drawn out process. You got to submit the front of your driver's license, the back of your driver's license, many photographic IDs, birth certificates, all kinds of crazy stuff. With this, I don't think I had to upload not even one, uh, type of identification. I believe that you just state what you have, in 5 minutes they have you going. And so they're— they do a very good job and handling that. And, uh, definitely I would highly recommend this product. Um, but anyway, tell me what y'all think. I'm gonna leave a link in the description. Um, make sure you take advantage of that. You can get some bonuses from us as well with the BitcoinNYK project. Uh, we are a universal basic income project, so that means you can earn our cryptocurrency free. Here's the cool thing. Once you earn it, you can convert it to one of these cryptocurrencies of your choosing, and there are several dozen of them: Basic Attention Token, Ethereum, Litecoin, Tether, USD Coin. There are many of them, many avenues to send Bitcoin Cash, right, to send funds to deposit to the card. Um, and so, uh, literally only takes a few minutes to do that. Uh, KYC is simple, it's a breeze as I just mentioned. And I think it's going to be the easiest way to get the cryptocurrency buying and selling. So definitely want to give this card a try. Um, BitcoinMYKR project, as I was saying, our Universal Basic Income project, you can earn that cryptocurrency free. It is quite possible to earn enough of it for free to, uh, basically get your BlockCard. Uh, it only requires a $10, uh, uh, threshold that you have to keep in, in the balance. You have to maintain a certain balance on your card to use it. I believe that's $10. And so that's quite possible to earn for free with the BitcoinNYK project. Um, put in over $100 to open an account, uh, we're going to give you some bonuses in the BitcoinNYK cryptocurrency for registering with our link. And, uh, um, that way you're going to get, uh, you could possibly get enough money to, um, just basically fund your card without spending a dime. So make sure you, uh, try the BitcoinNYK project. Earn as much as you can. And maybe you can do all this with no cost to you, but just a great cryptocurrency card altogether. That's all I want to say in this video. If you like content like this, don't forget to like, subscribe, and until next time, as always, take care.
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