Hey there, Just wanted to touch base on your comments about Coincards, since that's our service. You are absolutely correct that we are still "small scale", however we do process high 6 figures per month in transactions. Bitcoin is growing fast. Part of the issue is we also slightly rely on traditional banking, which is useless between December 22-January 3rd. Another reason bitcoin is so much better.
We took this down time to reflect on some changes, which lead to a whole revamp of our website and processes. We have implemented Segwit receiving addresses, are basically lightning network ready, we will be accepting Litecoin very soon and we are currently putting partnerships in place which will eliminate most of our issues related to fulfillment delays. 2018 is shaping up to be hopefully a very good year for users looking to cash out.
Thanks for using us and mentioning us on here!
With all the speculation in bitcoin, and the failure of bitcoin to make transaction rates and low fees a priority, direct retailer acceptance of altcoins seems critical for general retail use of crypto currencies. For coincards.ca I think it would be reasonable to accept the altcoins that can be bought and sold on the Canadian exchange quadrigacx, but even one such coin (i.e. litecoin) would do the job. I'm really glad to hear that you have plans for litecoin in the works, and think that this will greatly facilitate people wanting to "cash out".
I personally felt your 5% markup was pretty steep (esp. on large orders), but with not many other alternatives, I bought a number of cards on your site despite those fees. I'd be more inclined to make future orders if your fees scaled down with the total size of the order.