Since two people asked me through a note, if we look into it further, it's common for individuals to pay high fees to hire an agent to open a non-resident account in the U.S. The process is quite complicated when opening an account, as it requires the W-8BEN form (for tax-related non-resident verification) or an ITIN (Individual Taxpayer Identification Number), identification (passport), and a U.S. residential address (limited to some brokers). With just the issuance of a KAST card, a virtual account linked to ACH (Automated Clearing House for electronic bank transfers and recurring payments in the U.S.)/Fedwire (international remittance) is issued. Where can this be used? For example, you can receive recurring payments through card payments via Stripe modules (Substack, Discord, Patreon, OnlyFans) or build a credit score in the U.S. I plan to check whether it connects with local U.S. brokerage firms like Robinhood. There is no additional cost for issuing the KAST virtual...
The era of crypto cards that can be used outside the radar of the National Tax Service and card companies is coming. Since most of my assets are in Bitcoin anyway, I hold and use both Ridat and Cypher, but KAST has significantly better conditions. For those who already hold it, switching is a good option. As competition among crypto cards intensifies, there will likely be even better crypto cards than KAST by 2026. - Annual fee: If it's a virtual card, there is no annual fee, and the annual fee for the physical card that arrives via DHL is $100, but if you sign up through a referral, you get -$20, and with the first payment, -$40, and with the fifth payment, -$40, making the first year's annual fee waived. - Rewards: 3% on payment amounts until November 2025, and 2% until February 2026. - Dollar=USDT=USDC: When the Kimchi premium is negative, meaning when the dollar is more expensive than USDT, paying in dollars will yield a profit equal to that difference. - No deposit fees for...
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