Finally! Credit Card Purchases for DEC and SPS is OPEN! (Final Updates)

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(Edited)

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Self explanatory cover image šŸ˜

Recently with the slow down in Crypto-verse and the bearish sentiments all around, prices of DEC and SPS have taken quite a hit. Today upon checking the options to purchase SPS and DEC, I finally see the sweet sweet option of using credit cards to purchase these cryptos.

Let's take them for a whirl!

The Updated Page for Buying SPS and DEC:

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Now to try out buying SPS with Credit Card:

We can see that only Euros is supported currently. The minimum buy amount is set to be more than 26. This probably is linked to the prices of SPS and will be bound to change from day to day. There is also the SEPA bank transfer option which is great for Europeans.

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For my testing I will be buying some SPS, the fees for card payment and bank transfer seems quite similar surprisingly a little higher for bank transfer. Fees are about 3.5% when I calculated.

At the time of posting 1 Hive = 0.78 Euros, and splinterlands is giving me 30.92 Hives for 26 euros, so that makes it around 0.84 Euros for 1 Hive.

The difference is actually 8%!! šŸ¤£

After making the following calculation, I actually heavily considered skipping the testing and use my usual method of buying LTC and then sending it to the LTC address using the Crypto method to purchase SPS. But for the sake of just trying it out, here goes.

Starting Steps:

Put in the amount in Euros >= 26 Euros

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After selecting "Buy Now", select "Buy Hive"

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Next comes email address:

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Then, verify email with the verification code

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Personal Details next:

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I am actually not that comfortable providing details such as D.O.B to be honest.

You will also need to input your address in the next dialog.

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So far it is going smooth, but the pain comes at the next KYC.

Webcam selfie, and documents upload. Seems quite the trouble.

Last step is awaiting verification:

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Surprisingly verification was actually quite fast. For my case it was complete in less than 1 minute though they did mention it can take 5-10 minutes.

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Almost finishing:

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Fill it up with your card details!

Confirming once more what we want to do:

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Are you really really sure?

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Payment Successful @ 12.46PM !!

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Well I suggest to keep the order ID just in case anything happens.

It's a bit hidden but under order history, if you reopen the dialog you can see the progress of the order:

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From my experience the processing time of 1-3 minutes can't really be trusted.
It's been 9 hours and the status is still... I am not sure how long this will take so I will edit this post again once it is definitive.

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Subsequent Purchase

For subsequent purchase you stroll right through to the confirmation page, no more KYC, just direct to the confirmation page

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Useful Menu:

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You cannot set your limits in "My Limits". For my case I can only see what are the limits.

You can check for order history here to know what is the status. There is a logout but I have not tested it yet.

Overall my thoughts on the process:

It wasn't as bad as the KYC I had to undergo for Gate.io to be honest. Only gripes probably is that the spread as calculated being 8% makes me think twice if I would use this method or the traditional method of purchasing LTC and sending it in game. Let me know in the comments if you would like to know more about using LTC to purchase SPS or DEC.

And the long wait time is a real pain! Contacted their customer service twice and they don't bother to want to cancel the order so it remains stuck

1 Hour after payment was completed:

We would like to inform you that we have received your payment and there has been a delay in sending out the crypto from our side. I am sorry for this. I am looking into this personally and we are getting it fixed as soon as possible. There is no further action required from your side.

9 Hours after payment was completed:

We do not have time line but I'm personally follow-up this issue once we get an update their end keep you posted. We appreciate your time and patience.

Based on the Hiveblock transaction, the Hive order was completed at around 2.26 PM in my timezone, so overall it took 26 Hours for the process to go from Euros to Hive. No SPS yet still in sight. Awaiting conversion from Token-Converter

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Also would be nice to know the progress of the purchase which is very visible when I am using SimpleSwap, eg confirmations, conversion etc. With the credit card, I finally found it in Order History section

Also I am not able to remove my credit card details on the platform. Something which I am also not comfortable with. Maybe in future if we integrate paypal like for credits or allow Credits to SPS / DEC conversion things will get much easier.

But truly this is a nice step forward, when I was a beginner, it took much reading and exploring just buy a few SPS (and DO NOT buy SPS from Gate.io as the fees there are extremely high, especially if you are looking at just buying a few SPS). This credit card purchase is a very good channel for beginners to get their initial DEC or SPS, however to be considered the minimum purchase required. So for example someone wanting to just purchase 1000 DEC at the current price won't be able to use this method as the minimum of 26 euros is around 9K DEC.

This post will get it's final update when I receive the SPS....

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If anyone has not signed up with the game feel free to use my referral link

Splinterlands is quite a fun game!



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23 comments
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Also tried and waiting about 3 hours so far

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Thanks for going through the process. That's very helpful.

Let me know in the comments if you would like to know more about using LTC to purchase SPS or DEC

This would be useful too. šŸ˜

!LUV !PIZZA !LOLZ

Posted Using LeoFinance Beta

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This is great! They finally figured out their KYC issues with this latest hire. This will massively improve adoption and help the game go mainstream.

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Yup the KYC part is real smooth. Just it's taking too long, almost a day now and no sign of the SPS :D

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Thanks for this detailed walkthrough! I'll have to check if I'm eligible to use this, as it would be a lot easier to do than some of the daisy-chained swapping I currently have to endure :S

!1UP

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Most welcome. It's easier although the fees are somewhat higher, and the delay might cause some missed chances or good chances depending on how the market changes in a day.

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Wow that's a great tutorial and review. Please create a support ticket at https://support.splinterlands.com/hc/en-us and share the relevant details like your username and hive transaction id and team can look into the purchase.

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Thanks let me update my support ticket I opened earlier. Still waiting for SPS though but I trust it will be resolved, just waiting.... :D

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still no SPS for me as well and it's been more than 2 days

I was doing a test too:

I waited about 12 hrs and finally got this in email (Saturday):

"We have received your 94.89 EUR and sent 137.15 HIVE to your wallet token-converter." Where is my wallet-token-converter? I wanted SPS and they give me HIVE. I have a hive account and I see nothing is in there, so I am assuming that the Splinterlands platform also manages HIVE currency as well or am I misunderstanding how this works?

I am pretty sure it's in some escrow or holding because if I click the "transfer" button it will allow me to transfer in SPS...BUT when I do it...it asks for me to sign it..sign what? I don't know what to put in there. Then 10 min ago, I try to transfer again and this tim, it ust asks for me to log in.. use my active key and choose a new pass...then I tried transferring 5 SPS and 100 SPS. They seemed to have gone through successfully as the transactions were approved.....still see nothing in my account.

If I put my IT hat on (not a coder)...it seems as though there may be a lot of network traffic slowing the transactions down. This is not bandwidth..this is talking between machines, so it's router level. This is weird, because they are on AWS so compute should not be this bad...my theory is that Splinterlands waits for the actual deposit of the payment FIRST from the merchant processor, THEN applies the credit to the account. There won't be any progress bar because Splinterlands has no idea when the funds will arrive. I'm pretty sure it's a security feature just in case of imediate chargebacks...ie. pay for in-game stuff, then call your bank to reverse the payment (it works in a LOT of games).

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You have to open a ticket with support in such a case.

Link is here:
https://support.splinterlands.com/hc/en-us/requests/new

Hope it helps

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Still don't have my SPS. Support is not the brightest. I said I haven't received my SPS that I bought with CC and here are my orderIDs...then I get a response..."Please let me know what your orderIDs are..?" WTF....it's right in front of you.

I am beginning to think Splinterlands is a scam.

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UPDATE: Had to go to the discord channel to get a straight answer. Splinterlands doesn't have ANY control over this. WE have to take this up with the merchant processor...wtf kind of setup is this?

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Also having an issue receiving my SPS. Over 6 hours and counting and still have no idea how long this could take.

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Took me few days... The conversion was completed to hive and I see the transaction being sent to hive converter. Then what solves for me is opening a ticket with support and asking support in discord. Anyway if you ask support in discord, just becareful of DM's from scammers who might pretend to be support and all that.

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