1. What is BloFin Wallet Card?
The BloFin Wallet Card is a credit card issued by Rain, a Visa Principal Member, and operates on the Visa network. It enables you to make everyday purchases wherever Visa is accepted.
Your digital assets may be used as collateral to support your available credit line, subject to applicable terms and program requirements.
2. How do I apply for a BloFin Wallet Card?
Step 1: Before applying for a BloFin Wallet Card, please create a Mnemonic Wallet first.
Step 2: Once you have created a Mnemonic Wallet, go to Card, select the Country/Region of your residence, and click Apply Now to apply for your BloFin Wallet Card.
Step 3: Complete your card application (Identity verification may be required).
Step 4: Activate your Card.
3. How do I deposit funds to my BloFin Wallet Card?
After activating your card, click [Deposit] to transfer supported digital assets from your BloFin Wallet. Deposited assets may be used as collateral to support your available credit line, subject to program terms.
4. Where can I use the BloFin Wallet Card?
You can use your card at Visa-accepting merchants worldwide.
5. How do I manage my funds?
a. Adding Funds
You can add funds to your card by depositing any supported token. Once deposited, supported digital assets may be used as collateral in Credit mode or to facilitate transactions in Direct Pay mode, subject to program terms.
You can top up your card with supported tokens across multiple blockchain networks, benefiting from fast processing times that make your funds available for use quickly.
b. Withdrawing Funds
Withdrawals are currently unavailable as we continue enhancing the card experience. This feature is in development, and we look forward to introducing it in a future update.
6. Can I set a spending limit for my BloFin Wallet Card?
For a BloFin Visa Card, there is no fixed spending limit. Your available balance corresponds to the funds deposited on the card.
7. What fees apply to BloFin Wallet Card?
The following fees may apply when using your BloFin Wallet Card:
– Foreign Exchange Fee: 1% (in addition to Visa's exchange rate)
– Crypto Conversion Fee: 0.9% (in addition to Spot trading fees)
– Annual Fee: Currently none
– Dormancy/Inactivity Fee: Currently none
– Card Cancellation Fee: Currently none
– Card Issuance/Replacement Fee: Currently none
All fees are subject to change in accordance with program terms.
8. Are there any transfer limits for BloFin Wallet Card?
There are currently no specific transfer limits imposed by the card program. However, transfers may be subject to system controls, compliance requirements, or network restrictions.
However, all card spending remains subject to the applicable daily, monthly, and annual spending limits.
9. Which card networks are supported?
The BloFin Wallet Card operates on the Visa network. Network availability may vary depending on your country or region of residence and program eligibility.