Topic: [ANN] Anonymous Crypto Debit Card | KYC-FREE (Read 603 times)

The other week I was scammed out of $350 by a guy on Discord claiming to sell invites for valuable torrent websites (site name omitted so I don't get lynched by their staff, even though they don't know me at all) People have him have a very peculiar writing style, I figured out.

First of course, they try to gain your trust, using promises and fake features, but they won't let you try the product for free, by any account.
Once they have your money, they will use the same techniques I mentioned above to try to hit you some more.

My point being, OP doesn't exhibit any of this. He even contacted me about my review offer (a follow up to that will be posted soon).

I know we like to look for hi-tech scammers in the Services board but the reality is, most of the scum is on the "Goods" marketplace section which is where most people on this site cut their teeth on.

Omg. Cannot believe I just god a feedback from dkbit98 that I'm your alt. Iam dead fr . With a reference to your profile instead of a real reference.
Like nobody can register an account and join the discussion.

I'd only say "Today I feel gay"  
https://i.ibb.co/kQ4gvcF/images.jpg

Sorry bro, Didn't expect that to happen.

Thanks I guess, but oh boy they will attack you and me now because you are brand new. I guess I can understand that a little.

I'm an old anonymous follower of BTT and It's crazy what is going on.

As a someone who is interested in such a service as OP's, I found this discussion really boring.

I don't mean such discussions are unimportant, I like how everyone in BTT put time and effort to warn users about some points in certain services, but here, They are put in a useless point, instead of discussing main topics related to this service; not how it deals with such a rare case like this. Like yall scared it'd steal users funds by saying its stolen funds.^{Like there is no other million ways for doing that but only this, if they are really scam as you call}. Here I'm just showing my point of view, I've not tried OP's service yet neither I'm saying its legit. I just wanted to criticize your way of discussion.

Edit
I did fuckin said IM AN OLD ANONYMOUS FOLLOWER. I just joined to comment on this. Thats all. Lol

Guys, we are not going to respond anymore to this specific question. We answered enough how we deal with stolen coins. They are send back to the user. End of the story, nothing special nothing magical.

Our service is not based around stolen coins, we don’t accept them.
We always will and have accepted coins coming from gambling or mixers that was never an issue.

NOWHERE in your T&C do you say you will give peoples money back if you modify or terminate.
All it says it you can modify or terminate the service.

Look at it from the customers side. You are asking people to send you funds, when you have in your rules that you can change the rules of what you do and how you handle them at any time with no notice.

THAT IMO is going to scare people off.

-Dave

@CoinPayCard.net
You have your self to blame for not answering the questions clearly. I think they were pretty clear. You mentioned that the deposits are sent to you first. After a check, you send them to your 3rd parties. You are planning to introduce bitcoin shortly. In that case, you need to know that some chain analysis companies and exchanges have given themselves the right to decide which coins are clean and which ones are dirty and tainted. The funny things is: even if they deem a particular UTXO as clean, a different centralized exchange uses different rules and 3rd-party partners that can tag those clean coins as dirty or consider them dirty because they came from a gambling platform or a mixer. This is ridiculous and proof they have no idea what they are doing.

So who decides what coins and wallets I can use and which ones I can't?
If I try to deposit a BTC UTXO (in the future when it's supported) that you or your partners consider unwelcome, you will just sent them back to me no questions asked? By your own words, those coins are still with you. Therefore, 3rd-party services shouldn't have access to them unless you give them my coins. The way I understood your previous post, is that you will send the money back. So will you do that for coins that are allegedly stolen, hacked, used for gambling, or come from mixers? Is it clearly explained in the TOS that if you deem our coins to be dirty we will get them back?

I guess you don't have an answer to simple questions. which, again, is shady. My bank doesn't use anonymous card issuers, and my bank doesn't give inconsistent answers.

So which one is it: is it a public list, or do you use "third parties"? Which third parties? Or let me guess: they're anonymous too? Do they share the same list, or do they all have different lists?

Which law? In which country?
I know, you're not going to answer any of those questions. The reader can draw their own conclusion from that.

I'll use this post to add leave neutral feedback. Neutral, because that's how the Trust system should be used. It's not because I trust you. For further reading, see here.

You keep asking the same question, I can give you the same answer only so many times. It's not hard to google blacklisted wallets. I don't have a list on demand, as we are connected with 3rd parties that provide these lists and updated them according to law.

So you have nothing. Noted.

There is something called google

Where can I find this public list?

So to be clear, a blacklisted wallet is a wallet that is 99% involved in, for example, a hack. These wallets are then blacklisted, meaning exchanges and business will reject payments from those addresses. Blacklisted wallet can be found on public lists, provided to the crypto community by law enforcement worldwide. It's impossible for 99.99% of the crypto users to have a blacklisted wallet. Coins can be tracked, but after they are getting mingled and distributed to legit users, it's impossible to track them. So again we deny these transactions and the coins are sent back to the wallet they come from.

At last, I will say it again. Coins itself cannot be blacklisted. It's the wallet they are in that are blacklisted. I think it's time to close this topic. I have given enough answer regarding this topic.


How should we know if wallets are linked to theft if they are not blacklisted? Blacklisting is just a public list of wallets involved in hacks and theft. I think the other users has a complete other thought behind blacklisting a wallet, and doesn't know what it exactly means.

I think that it's simply a small difference between the ways you two see the things. You can block an address from sending you money (black list it). But I think that what was meant in that question was that if certain input(s) are declared to be stolen (doesn't matter how) and you have received those coins (or parts of that), and you will not handle them because they're stolen... what will you do next, seize them (under whatever reasons) or return them to the originating address, or maybe something else?
As an addition, I guess that the question is about money directly linked to a theft, not money washed through 1000s of addresses in many years after a theft.

The only place on earth where you can use a blacklisted wallet is on a mixer or on a tor marketplace. So your question is weird. You're questioning this topic like somebody could magically have a blacklisted wallet without knowing. That is simply not true and impossible.

It's important to understand how crypto works, coins itself cannot be blacklisted. It's the wallet that are blacklisted. And as I said, these transactions are 99.99% auto rejected.

I asked you a very simple question, so I would like to see a simple answer please, and evaluate risk of using your service.
For the record, people don't always know if someone blacklisted their coins because they usually don't dig deep in history of all transactions.
It wouldn't be hard for any legitimate business to simply answer this question, so I will repeat again, in case you received coins that are blacklisted by someone for any reason, are you going to return this coins to original sender or do something else?

So, if you have a blacklisted wallet, you would know it. Because 99% of the times a wallet is blacklisted when they are involved for example in a hack. So we don't expect anyone using our service with a blacklisted wallet. These transactions are 99.99% auto rejected.

At this time, we don't have plans for physical cards, unfortunately. These cards come with more rules and regulations, and are a logistics nightmare at the moment.

---

You misread the entire conversation.

That's cute. Millions of Bitcoins have been stolen over the years, and most of them found a new owner by now who had nothing to do with the theft. That's why money is fungible. You can't blame someone for what someone else did with that money in the past. Using USDT instead of Bitcoin only makes it worse, as it's a centrally controlled centralized token. Nobody blames someone who spends a dollar bill that was stolen before, why would you act different when it comes to digital currencies?

I've seen this before. It sounds shady.

Ok, let's see what happens in next weeks and months.
I am always a bit suspicious whenever new crypto related service appears, maybe because I saw so many scams that I can't count them all.
You will have to prove that you are legit, and I would like to hear experience from other people who used your cards.
I will consider contacting you for testing when you add Bitcoin.

I understand, and in case received coins are blacklisted by someone, are you going to return coins to sender or do something else?
It would be better to make this checks BEFORE sending transaction.

PS
Is there any chance for releasing coinpaycard physical cards and shiopping worldwide?

Hit me up (private message). I've reviewed cards for Ezzocard and AlexPCS in the past.

Appreciate your post! Always happy to help 

CoinPayCard.net helped to solve the issue. Thank you. Will to try use the card)

So, to clarify, this would only be the case for new users. We don't expect that it will ever happen, but for full transparency reasons, we just shared our next-step-plan in case that would ever happen. We will definitely take your tip and add that line today to our ToS. If we should make any platform or policy changes, users would be able to withdraw 100% of their funds if necessary without compromising their privacy 100%.

Some will not be happy with that and imho you should offer those (if there will ever be the case) the option to withdraw their existing funds before leaving the platform.
Even more if you have this kind of things in your ToS, it would be imho a good advertising to clearly write that the users who want to leave in case KYC is suddenly asked will be able to withdraw their existing funds.

Absolutely, and understandably. We have thought hard about our pricing for months, and we think these prices are more than fair at the moment. And we certainly have no plans to raise our prices in the future.
Also, as a very important note, all our card issuers and payment processors know what kind of service we provide. So we don't do this under their noses. The only way for us not to provide KYC-FREE cards is going to be because of law changes. Even if so, we can just switch to our other card issuers in just 5 minutes. If in a case suddenly all card issuer don't want a KYC-FREE card anymore, then we will ask for a simple form of photo ID for new users to still continue our service.

So we have back-up plans for back-up plans to always ensure we can offer cards to our crypto users worldwide.

I honestly hope you'll be here for the "long marathon". I am a chicken and I will not risk my money yet (too many similar businesses didn't get to last more than a couple of weeks, sorry), but if you pass the test of time and remain close to this level of prices I will very much consider using too your services.


LE: after seeing your later "answers" I start doubting your honesty. Sorry.

You are absolute right, we could 100% ask higher prices. However, we are here for the long marathon. We wanted our service to be affordable for the masses, and continue to upgrade our platform. Our app is also coming in the next month to make card creating and funding much easier and accessible. 

Hi Rogue_Sol,
First off, thank you for using and trusting us.

You probably only paid for the card and not the Top-Up. When clicking on "Create A New Card" you can choose the card plan, after clicking on "create" you will be shown a payment address. After the payment, only then your card is created and activated.

After that, you can go to your card and click on "Top-Up Card", you will then be shown a new payment address to fund your card. Did you maybe underpay the payment? You can shoot me a private message with your user email and I can have a look for you.

Thanks,

I've try to use the service..... Account created, login.... Button "Create a new card",  click.... Card created. Two link - "Card details" and "Top-up card". Click Top-up. Write amount, got address for USDT ERC20 and sum of USDT. Send.... 3 hour gone, balance is zero till now. 

We all know that the biggest problem with such services is trust, and that things can go downhill at any moment, but that's always a risk if you're looking for anonymous services. The Basic plan seems like a good option considering the price of only $99 per year, which is really not expensive if we compare it to other services that offer anonymous cards with a fee that is up to 10 times higher.

Maybe it sounds too good to be true, and maybe time will show that it really is, who knows, we'll see.

Hello digaran,

Let me answer your questions.

No, we are not affiliated with VISA, as we are NOT a bank. We work with card issuers to issue our cards. You can google it more to figure out how that works.
Every website/service even BitcoinTalk.org cannot guarantee that their service will work 100% of the time. There can be a dozen of reason why a service disruption would be happening, for example our hosting provider
gets cut of electricity. Our card issuer suffers from a disturbance, our payment system API is out. We are just a transparent about the availability of our service as we can be. And we of course don't expect such things to happen, these things happen to the best.

Moreover, we are new on this forum and our service is new. Ass we said in our pre-announcement and in the announcement text.

Are you affiliated with visa? If you are then how could they issue cards KYC free or allow anyone to provide a free KYC service using their name and network of payment?

If you are not affiliated with them, how can you claim that your cards work every where that visa is accepted?

Note for potential users of this service: read the terms, they are clearly stating that there is no guaranty/warranty for their service to work, so that means you should not trust a service which offers zero guaranty of providing a reliable service.

A red flag, I wouldn't vouch for such service if I were a reputable forum member. Moreover, forum reputation is not credible at all whatsoever.

Hi dkbit98, thank you for your advice. I can assure you that we have years of experience using, handling and building on crypto, so I can brag a little that we are experts in this field.

There are several types of service that these 3rd party provides. Please go to their website, and you may find more information about their service. If you used the costumer side
of Coinbase for example, their Exchange YOU are maybe limited in what coins you can send and from where. We don't use consumer grade services, we use Institutional level services, which gives us much more power in what kind of transactions we can accept and how. We also don't use their service to directly accepted payments from users. Furthermore, we use our own internal relay system. That means user pay first to us -> then coins are sent to a 3rd party service provider (also called off-ramps) in order to exchange the coins to for example USD in real-time. However, the moment you send a payment, there is and will be always a check to verify that the wallet you used is not blacklisted by any government entity. Not doing so would make us money launders, and banks wouldn't work with us to issue cards. This is explained as simple as possible, but the systems and infrastructure behind the scenes are more complicated than you would guess.

I hope this clears it more up for you.

Binance and Coinbase obviously care about this!
Sorry but you obviously don't know what you are talking about, or you just recently started dealing with crypto, but I can show you many examples of coins being seized for reasons I mentioned above.
I am not twisting anyone words, since I asked initial question and I know what I meant to say.
Good luck with your cards, and don't say later that I didn't warn you about this in advance.

Hello dkbit98,

We are talking here about plain sight stolen coins in a wallet, you never mentioned coins coming from gambling or mixing. These coins will ofcourse not be blacklisted. I think everybody that uses crypto knows if they have stolen coins, they won't send it to any service directly.

So if you have stolen coins in a wallet that is blacklisted, no matter what service or website you will use. Your funds will not come true. If you have coins from gambling or mixing, who cares. You can use these coins.
Please don't twist our words.

But again, till the whole conversation is absolutely off-topic. We are not a service to be used for illegal activities, such as money laundering.

Excuse me but this is not off-topic at all.
Your customer would be sending coins to you directly and since you didn't mention anything about third parties on your website, they could lose their coins.
Exchanges can flag or blacklist coins for various stupid reasons, and they don't have to give any proof or explanation, this includes coins used for gambling or coins coming from mixer or coinjoin.
Better think about that in advance, or use some different methods to deal with this.

Better be sure, because they are certainly going to ask for kyc verification or other private information.

This question is a bit off-topic.

So to be clear, no, we don't accept any stole coins. If somebody uses a wallet that is blacklisted to buy/fund a card, the coins will be frozen by the 3rd party handling our payments. What then will happen next
is not something we have experienced, and I'm not sure. So i won't be the right person to provide information about that procedure. I can only guess that law enforcement will be contacted in order to return those coins to their respect owners, I guess.


Understandable, as I responded to your question: We would love to provide some free cards to reputable BitcoinTalk users to test out the service free of charge.
P.s. we don't share our card issuer, that is private information.

It says in your site that when we give you crypto you charge the card with USD, that means exchange/trading usdt for USD. You failed to answer about your card issuer though.
Someone asked for a test card, try and give a few free cards so people can vouch that your service is working.
But trusting an online entity without a physical address with money is beyond stupid, just saying.

Let me clarify this, what exactly means when you say that transaction will be blocked if wallet is blacklisted?

Imagine someone is sending coins that originate from stolen coins and Binance/Coinbase blacklisted them.
Customer registers account on your CoinPayCard website and sends coins to generated address, what happens next exactly?
Can this coins be frozen or seized in any way by you or third parties?

No, that is not what kind of service we provide. A user can buy/fund Virtual Debit cards with USDT. When funding your card with USDT, your card will be instant funded and ready to use.

We would love to provide some free cards to reputable BitcoinTalk users to test out the service free of charge.

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.

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?

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 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.

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Hi Dave, let me answer your questions below.

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.


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



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


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.

Some thoughts:

From your T&C  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

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.

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?

Reserved for updates.