Pages:
Author

Topic: [ANN] Anonymous Crypto Debit Card | KYC-FREE - page 3. (Read 599 times)

copper member
Activity: 56
Merit: 8
✅KYC-FREE CRYPTO DEBIT CARDS💳
December 27, 2022, 02:28:27 PM
#10
Few things I don't like about Coinpaycards from start.
First, it only supports USDT on ethereum network and that usually means higher fees and dealing with more shitcoins.
This is probably done because USDT is pegged to USD dollar, but I would like to see Bitcoin and privacy coins used, and some people probably want USDT on other blockchains, including omni chain and second layer Liquid chain USDT.
Second thing, I think that $99 to $499 fee for one year is to much for service that can shut down anytime, and there would be nothing customers could do, including getting refunds.
I already saw this happening with similar services that deal with anonymous cards, so there is realistic chance this could happen, and this competition didn't ask for any yearly payment for cards.
I would have to test and see how this cards work in real life, but this was my initial feedback after visiting your website.
I am also thinking about privacy and who exactly is tracking purchases and delivery addresses connect with that.
Few additional questions:
- What name will be written on card and are there any plans to make physical cards in future?
- What would happen if someone sends USDT or other coins to Coinpaycards, and they are reported to come from hacked exchanges??
- What third parties are you using to convert USDT (and other coins) to USD?

Hi dkbit98, thank you for your constructive feedback. This will always help us ensure to create a good and reliable platform for crypto users.
Let me answer your questions below.

At this time we only support USDT, But we will support the following cryptocurrencies within the next 2 weeks: BTC, ETH, USDC, LTC and DOGE (maybe even more).
In the case that we would ever shut down (will not happen) you will receive 100% of your remaining funds back. We have good contracts with multiple card issuers. So there will be always a place for us.

1. We of course display every purchase you made, you can also see all your card purchases in your card history tab. However, we don't receive your delivery address data from any retailer. Not even a bank receives those details.

2. When signing up, you will need to enter a first and last name. These data will be your cardholder details.
3. If you send any stole coins, our payment processer will automatically block that specific transaction if that wallet is blacklisted. We are not a platform for laundering stole coins. Simple as that.
4. We use a variety of 3rd parties, for example Coinbase institutional  and Binance.

If you have any more questions, please let me know.

copper member
Activity: 1330
Merit: 899
🖤😏
December 27, 2022, 02:14:19 PM
#9
So basically you buy our usdt with USD and take 4% with us having no way of reaching you in case you run off with the cash?
At least give us some free cards to test it out first.
Also who is your card issuer?
legendary
Activity: 2212
Merit: 7064
December 27, 2022, 01:53:21 PM
#8
Few things I don't like about Coinpaycards from start.
First, it only supports USDT on ethereum network and that usually means higher fees and dealing with more shitcoins.
This is probably done because USDT is pegged to USD dollar, but I would like to see Bitcoin and privacy coins used, and some people probably want USDT on other blockchains, including omni chain and second layer Liquid chain USDT.

Second thing, I think that $99 to $499 fee for one year is to much for service that can shut down anytime, and there would be nothing customers could do, including getting refunds.
I already saw this happening with similar services that deal with anonymous cards, so there is realistic chance this could happen, and this competition didn't ask for any yearly payment for cards.

I would have to test and see how this cards work in real life, but this was my initial feedback after visiting your website.
I am also thinking about privacy and who exactly is tracking purchases and delivery addresses connect with that.

Few additional questions:
- What name will be written on card and are there any plans to make physical cards in future?
- What would happen if someone sends USDT or other coins to Coinpaycards, and they are reported to come from hacked exchanges??
- What third parties are you using to convert USDT (and other coins) to USD?
copper member
Activity: 56
Merit: 8
✅KYC-FREE CRYPTO DEBIT CARDS💳
December 27, 2022, 12:11:16 PM
#7
Few thought and question,
1. Can we really use this card worldwide? Are there any exception (such as sanctioned country by US government)?
2. Do you have any plan to offer virtual credit card?
3. I feel $99/year or more is too expensive for those who rarely use debit card.
4. I didn't find privacy policy page on your website. Even though you offer KYC-FREE, some people want to know what other information you collect.

Hi EFTBitcoin,

1. You can use our card online everywhere as long as Visa is accepted. When Apple/Google Pay will be available, it will depend on the store if they accept Apple/Google Pay.
2. We don't offer any credit, we are not a bank.
3. 99$/Y for a $2000/Monthly limit is a bargain if you compare our cards to competitors.
4. Privacy policy is yet to be uploaded. Keep in mind, we don't collet any private information. That includes no IP tracking, no cookies and no fingerprinting.


Btw guys, use the discount code: 479ea80d-90e0-46ee-9979-269e37fee3c0 for $10 OFF your first card.
[/size]
copper member
Activity: 56
Merit: 8
✅KYC-FREE CRYPTO DEBIT CARDS💳
December 26, 2022, 06:10:07 PM
#6
Hi Dave, let me answer your questions below.
Some thoughts:

From your T&C
Quote
CoinPayCard reserves the right to modify or terminate the service at any time, without notice.
 Seriously? You more or less said that at any time you can take the money and run.


That’s not what our Terms says. We have the right like any other company/service you use to suspend our service if we need. Your money will be always yours, and in the case we need to shutdown ( not likely) you will always receive your money back. We are just transparent.

Quote
You have coinpaycard.com in some parts of your site and .net on other.

You refer to our footer copyright bottom, thanks for that we fixed the small human mistake.


Quote
No physical address / business information given.

Correct, we don’t have any company information on our website. Fortunately we will keep it that way for now.

Quote

You are going to have to address these issues or nobody is going to want to risk sending you any money.

Also with the base of $99 / year 4% + $1.50 for cards you can go to a place like egifter.com and get $100 vanilla visa cads for $105.95 and come out at about the same place in terms of price. You should look into getting that lower. I know a gift card is different then a debit card, but you still have to look at the out of pocket cost to people.


As you probably guessed, there is a big difference between a prepaid card and debit cards. The cost of debit cards are also much different. Not to forget our spending limits are higher, you can use our cards worldwide, in a couple of weeks you can add your card to Apple/Google pay. We have carefully and for a long time thought about our card pricing to make it affordable for a lot of users and profitable enough for use to continue this service for years. And yes we understand that at this moment, we may not be the best choice for everybody. But we hope to lower our overall pricing in the near future.
legendary
Activity: 3500
Merit: 6320
Crypto Swap Exchange
December 26, 2022, 05:49:35 PM
#5
Some thoughts:

From your T&C
Quote
CoinPayCard reserves the right to modify or terminate the service at any time, without notice.
 Seriously? You more or less said that at any time you can take the money and run.

You have coinpaycard.com in some parts of your site and .net on other.

https://coinpaycard.net/support goes nowhere.

No physical address / business information given.

You are going to have to address these issues or nobody is going to want to risk sending you any money.

Also with the base of $99 / year 4% + $1.50 for cards you can go to a place like egifter.com and get $100 vanilla visa cads for $105.95 and come out at about the same place in terms of price. You should look into getting that lower. I know a gift card is different then a debit card, but you still have to look at the out of pocket cost to people.

-Dave
copper member
Activity: 56
Merit: 8
✅KYC-FREE CRYPTO DEBIT CARDS💳
December 26, 2022, 04:37:57 PM
#4
What I would like to know is how come you only support USDT on Ethereum chain (which can have high fees ) at the moment and when exactly do you plan to add bitcoin?

Anyway, I am glad to see more services like yours as it benefits us users, I just hope that you are legit. I guess time will tell.

Hi Rikafip, thank you for your interest and kind words.
We are going to add the following cryptocurrencies in the coming month: BTC, ETH, USDC, LTC and DOGE to our cards.
legendary
Activity: 1722
Merit: 5937
December 26, 2022, 04:31:30 PM
#3
What I would like to know is how come you only support USDT on Ethereum chain (which can have high fees ) at the moment and when exactly do you plan to add bitcoin?

Anyway, I am glad to see more services like yours (even though yours ain't cheap at all) as it benefits us users, I just hope that you are legit. I guess time will tell.

Edit: since you just started the business and have no reputation here, have you thought about sort of promotion in which you will give people  small amount of money to test your card?
copper member
Activity: 56
Merit: 8
✅KYC-FREE CRYPTO DEBIT CARDS💳
December 26, 2022, 04:12:26 PM
#2
Reserved for updates.

Visit today: coinpaycard.net
copper member
Activity: 56
Merit: 8
✅KYC-FREE CRYPTO DEBIT CARDS💳
December 26, 2022, 04:09:27 PM
#1


Visit today: coinpaycard.net
Pages:
Jump to: