I just ordered a Credit Card from Bitwala.io. Will be my first cash out, and I really hope using the Credit Card will be easy.
Many people seem to confuse "how does trading with crypto work" with "how does crypto work". The first question is not that hard to answer, asking for the second one will end in people throwing tons of technical terms like nodes, fork, hash, etc. at you. I think I understood the technical side of Bitcoin, but I do not have a single on how other cryptos work.
Is there a transfer/usage limit? I ordered one from wirex and later found it can only hold 250 euro worth and only purchase up to 100 in a transaction.
The card did not arrive yet, but I have a monthly limit of 2000€, according to the site. The amount you can transfer depends on your verification level. I sent them a copy of my ID and a letter addressed to me, to get to verification level2. For verification level 3 (50.000€ monthly limit) you need to make a video call to bitwala.
@redpalestino recommended bitwala to me, if you want to talk to someone who actually uses a bitwala card already.
And the crypto thing, I have a basic idea only. This is the beauty of steemit as it takes a lot of the technicality out of getting into it but getting out of it again is the challenge :)