RedotPay: Crypto Card or Bank Card? 1. RedotPay: Crypto Card or Bank Card? RedotPay offers physical and virtual cards that allow you to spend cryptocurrencies like euros or dollars. They often work via Google Pay or payment networks like Visa. This gives them a certain degree of compatibility, but they are not always accepted as withdrawal cards on trading platforms. 2. InstaForex and Crypto Cards InstaForex does not explicitly mention the acceptance of crypto cards like RedotPay for withdrawals. Even though you can deposit via cryptocurrencies or e-wallets, withdrawals are generally proportional to those processed by traditional bank cards or bank transfers if used for deposits in addition to cryptocurrencies. 3. Risks and Limitations Using a crypto card for withdrawals can lead to refusals or blocks. If the card is not recognized as being issued by a traditional banking institution, InstaForex may refuse the withdrawal. It is therefore essential to verify the card's compatibility with banking standards.
The point is the KYC, how much KYC are they asking and if they can offer the card without KYC, even if at lower value.