Mobi is a movable bitcoin wallet that supports over 100 different currencies. Find out more about this Android and iOS app today in our Mobi review.
What is Mobi?
Mobi is a bitcoin wallet available for iOS and Android devices. The wallet, like all good cryptocurrency wallets, promises to be highly secure and easy-to-use. It supports 100+ currencies. That’s 100+ fiat currencies – not cryptocurrencies. The wallet lets you transfer money to and from the world’s biggest currencies – like the USD, EUR, and GBP – as well as currencies you’ve never heard of – like obscure currencies from Africa and Central America.
You can use Mobi to transfer money around the world. You can also order a Mobi VISA debit card that lets you spend your money in the real world. The card is priced at $9, which covers the cost of international shipping.
Mobi advertises all of the following features:
Mobile Support: Mobi is very mobile-friendly. With Mobi, you don’t need to look up bitcoin addresses or other forms of identification. You just use your phone number. You can find friends and payees easily using your phone’s ordinary contact book / address book.
Global Support: Mobi offers painless international payments, making it easy to transfer money worldwide.
Bitcoin Support: Bitcoin “is Mobi’s heart and soul, and powers all transactions and currency conversions.” Mobi is 100% compatible with the bitcoin network, and claims that it always will be.
Debit Card Available: Mobi lets you buy a debit card for $9, which lets you spend your cryptocurrency balance in the real world wherever VISA is accepted.
100+ Cryptocurrencies: Mobi accepts over 100+ cryptocurrencies.
Mobi, like most wallets, claims to offer cheaper fees than traditional banks and financial services. The app is always free to download. Here is a complete listing of the fees associated with your Mobi account:
Number of Online Transactions: Unlimited
Currency Limit for Online Transactions: Unlimited
Single ATM Transaction Limit: $200 for unverified accounts, $1,000 for verified accounts
Lifetime ATM Withdrawal Limit: $1,000 for unverified accounts, unlimited for verified accounts
Max Daily Usage: $2,500 for unverified accounts, $20,000 for verified accounts
Max Lifetime Usage: $2,500 for unverified accounts, unlimited for verified accounts
ATM Transactions Per Day: 2
Card Price: $9 (covers worldwide delivery)
Card + Express Worldwide Delivery: $45
Domestic ATM Transactions: $2.50
International ATM Transactions: $3.50
Purchase Transactions (POS/ePOS): Free
Foreign Transaction Fee: 3%
Monthly Service Fee: $2
PIN Changes at ATM: Free
Conversion Fees: Conversion rates are calculated daily based on information “from a very comprehensive base of commercial sources and banks around the world”. Mobi also takes into account things like a currency’s volatility in the last 365 days and the user’s daily conversion volume. Overall, they promise to offer “one of the best rates on this planet”, and they encourage users to check other sources to verify the exchange rate.
You can view the full list of supported currencies here. Mobi supports all of the world’s major currencies – like the USD, EUR, and GBP. But it also supports a surprising number of lesser-known currencies – like the Ghanaian Cedi, the Guatemalan Quetzal, the Macanese Pataca, the Lesotho Loti, and even the Falkland Islands Pound.
You can view a complete listing of Mobi’s fees and charges here.
Mobi, found online at Mobi.me, is a mobile wallet app that allows you to store, convert, and transfer more than 100 currencies. You can also order a VISA debit card through Mobi.
Mobi was developed by BTCC, which is the oldest bitcoin exchange still in service. The Hong Kong-based exchange announced the launch of Mobi in March 2017.
You can get in touch with Mobi’s developers by email at [email protected]
Mobi is a bitcoin wallet that supports over 100+ currencies from around the world. You can use the wallet for easy international money transfers, or to load a VISA debit card and then use that card anywhere VISA is accepted.
To download the Mobi wallet today, visit the company online at Mobi.me.