Bitcoin debit card - page 151. | Bitcointalksearch.org

fenghush

sr. member

Activity: 658

Merit: 250

Thanks, I got the invite and I signed up, just curious if I need to fund my account for $1 before I request the card?

No particular reason about IBAN other than to know if each card acts as an individual account rather than being bundled under one company.

Quote from: gosha@e-coin on January 19, 2015, 06:10:00 PM

Quote from: fenghush on January 19, 2015, 04:54:43 PM

I'll entertain you for $1, my only concern is if this service will suddenly disappear. It sounds like you're loading the cards with flat from a reserve rather than selling the bitcoins the clients sent on an exchange, then withdraw and then load it to the card as that will take a few days, and holding the bitcoins to later refill the flat reserve. So in theory, at some point, you can just stop honouring BTC deposits and blame your bank.
Do we get an IBAN to load the card with bank wire?

I just requested an invite.

In pure theory, any service can suddenly disappear, so, totally see your point about trust. We will have to earn it, which is, of course, easier said than done. The way we see it, is by talking to the community, caring for the customers, being willing to help, being as open as we can be (only not disclosing the commercially sensitive information), nurturing your feedback, acting on your criticism and by sticking around. If you can think of anything else which could make you or other users feel more secure - very happy to discuss.

Your understanding is correct in principle. In future there will be no need to physically deposit your BTC into the card, the conversion will take place automatically. And the best part it that the card will be multi currency, which means whatever fiat currency you spend, conversions will be done at interbank rate (no bank conversion fees).

Could you go into a bit more detail on why you may want/need to load the card via bank wire?

The beta activation code will be sent to you shortly.

Thank you for your trust and would appreciate your candid feedback here once you have tried the service!

gosha@e-coin

hero member

Activity: 938

Merit: 500

Quote from: fenghush on January 19, 2015, 04:54:43 PM

I'll entertain you for $1, my only concern is if this service will suddenly disappear. It sounds like you're loading the cards with flat from a reserve rather than selling the bitcoins the clients sent on an exchange, then withdraw and then load it to the card as that will take a few days, and holding the bitcoins to later refill the flat reserve. So in theory, at some point, you can just stop honouring BTC deposits and blame your bank.
Do we get an IBAN to load the card with bank wire?

I just requested an invite.

In pure theory, any service can suddenly disappear, so, totally see your point about trust. We will have to earn it, which is, of course, easier said than done. The way we see it, is by talking to the community, caring for the customers, being willing to help, being as open as we can be (only not disclosing the commercially sensitive information), nurturing your feedback, acting on your criticism and by sticking around. If you can think of anything else which could make you or other users feel more secure - very happy to discuss.

Your understanding is correct in principle. In future there will be no need to physically deposit your BTC into the card, the conversion will take place automatically. And the best part it that the card will be multi currency, which means whatever fiat currency you spend, conversions will be done at interbank rate (no bank conversion fees).

Could you go into a bit more detail on why you may want/need to load the card via bank wire?

The beta activation code will be sent to you shortly.

Thank you for your trust and would appreciate your candid feedback here once you have tried the service!

fenghush

sr. member

Activity: 658

Merit: 250

I'll entertain you for $1, my only concern is if this service will suddenly disappear. It sounds like you're loading the cards with flat from a reserve rather than selling the bitcoins the clients sent on an exchange, then withdraw and then load it to the card as that will take a few days, and holding the bitcoins to later refill the flat reserve. So in theory, at some point, you can just stop honouring BTC deposits and blame your bank.
Do we get an IBAN to load the card with bank wire?

I just requested an invite.

gosha@e-coin

hero member

Activity: 938

Merit: 500

Quote from: mlmdaily on January 19, 2015, 02:27:27 PM

1. whether the card can be shipped to one address, after I received the card, can I change my address and verify the card ?
2. Whether the name can be changed?
3. can I order ten cards at the same time, and associate each card to different accounts?
4. Can I open multiple accounts by the same name? and same shipping address?
5. I found the site https://www.e-coin.io/, when I log in, I can deposit BTC, but whether I can withdraw my BTC to another wallet address? or I must withdraw in cash? Can I do trading?

1 and 2 - why would you need to do that?
3 - at the moment one card per account. In theory you could create several accounts and order several cards, but later on you may run into difficulties trying to verify your account / address / identity if you want to increase the card limits.
4 - same as 3
5 - that is our website, correct. Yes, you can transfer BTC to another wallet. If you want to load your debit card, then the BTC is converted into USD (other currencies to follow later)

mlmdaily

newbie

Activity: 73

Merit: 0

1. whether the card can be shipped to one address, after I received the card, can I change my address and verify the card ?
2. Whether the name can be changed?
3. can I order ten cards at the same time, and associate each card to different accounts?
4. Can I open multiple accounts by the same name? and same shipping address?
5. I found the site https://www.e-coin.io/, when I log in, I can deposit BTC, but whether I can withdraw my BTC to another wallet address? or I must withdraw in cash? Can I do trading?

gosha@e-coin

hero member

Activity: 938

Merit: 500

Quote from: DARKANGEL6415 on January 18, 2015, 11:44:24 AM

Quote from: Legal Counsel Zhou (PRC) on January 16, 2015, 02:33:29 AM

Quote from: kano on January 07, 2015, 06:04:50 PM

BTC <-> VISA is not a new idea, it's just something that not even the well known BTC companies have been able to do yet, so you need to provide a LOT of details and why YOU are able to do this when others cannot.

ANX's premium card is a visa debit card. they hold the ANX logo because the underlying bank allows people to print their own logo on it if buying 100 cards in bulk. the underlying bank for ANX is www.mbank.pl

note... this is only valid for the premium card. their basic and plus debits are not visas.

LOL what my ANX Premium card is a mastercard and it does not have my name on it just says ANX so i cant use it to rent cars or buy airline tickets. Also my ANX Premium was sent from tokyo to me in midwest USA and i got it in like 5-6 days including weekend. I really hope this card not like ANX Premium, i hate that i have to send bitcoin, then they will deposit to card $100 minimal then you can use like 2-3 business days tokyo time/holidays

to address this post and others you have made above:
- E-Coin card will have your name on it
- Minimum deposit to the card is only $5, maximum is capped depending on whether you choose to verify your account (identity and address) address
- Deposit to the card is immediate
- we cannot ship the cards to the US for now either. Canada is no problem.
- you are right in that the card is rather similar to Xapo/ANX; our card is already available to order NOW and is shipped the same day though
- a lot of information has been openly published since that old post you refer to, hopefully all the questions and doubts have been addressed by now. If something is still unclear, please, let us know and we will try to respond. The only information we won't be able to share here is the commercially sensitive data which cannot be shared without signing an appropriate non-disclosure document

Thank you for your comments - always interested to hear all the opinions

dload.1

legendary

Activity: 994

Merit: 1004

BTC

Quote from: gosha@e-coin on January 19, 2015, 11:49:41 AM

Quote from: dload.1 on January 19, 2015, 10:34:38 AM

hi i have a question, if i was to find someone there in the uk to ship my card 2. then they send it here to the u.s to me, it will work fine here? and also i would need fake name and or fake address there in order to get it?

technically (or legally) there is nothing to stop you from doing so. If you are happy with the lower withdrawal/spending/lifetime limits of the card allowed by unverified account (remember, despite not being obliged to as yet, we are respecting and sticking to the KYC and AML regulations and limitations), you can order it to your friend's address and then collect it from there.

No need to use any fake credentials though

ok thanks i have no problem with the lower limits, i think i will check with him and get me one while they are still cheap.

gosha@e-coin

hero member

Activity: 938

Merit: 500

Quote from: dload.1 on January 19, 2015, 10:34:38 AM

hi i have a question, if i was to find someone there in the uk to ship my card 2. then they send it here to the u.s to me, it will work fine here? and also i would need fake name and or fake address there in order to get it?

technically (or legally) there is nothing to stop you from doing so. If you are happy with the lower withdrawal/spending/lifetime limits of the card allowed by unverified account (remember, despite not being obliged to as yet, we are respecting and sticking to the KYC and AML regulations and limitations), you can order it to your friend's address and then collect it from there.

No need to use any fake credentials though

dload.1

legendary

Activity: 994

Merit: 1004

BTC

hi i have a question, if i was to find someone there in the uk to ship my card 2. then they send it here to the u.s to me, it will work fine here? and also i would need fake name and or fake address there in order to get it?

LusyLi

newbie

Activity: 13

Merit: 0

Quote from: jdebunt on January 19, 2015, 07:04:50 AM

received my card an hour ago in the mail, will activate it in a bit

And how are you feeling? It is useful?

jdebunt

legendary

Activity: 1596

Merit: 1010

Quote from: pmatveev on January 19, 2015, 07:12:07 AM

good news

how long did delivery take? 4 business days?

erh...something like that

Review is coming soon (for the part I canr eview that is, not tested it in a shop yet)

pmatveev

full member

Activity: 184

Merit: 100

Quote from: jdebunt on January 19, 2015, 07:04:50 AM

received my card an hour ago in the mail, will activate it in a bit

good news

how long did delivery take? 4 business days?

jdebunt

legendary

Activity: 1596

Merit: 1010

received my card an hour ago in the mail, will activate it in a bit

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: Legal Counsel Zhou (PRC) on January 16, 2015, 02:33:29 AM

Quote from: kano on January 07, 2015, 06:04:50 PM

BTC <-> VISA is not a new idea, it's just something that not even the well known BTC companies have been able to do yet, so you need to provide a LOT of details and why YOU are able to do this when others cannot.

ANX's premium card is a visa debit card. they hold the ANX logo because the underlying bank allows people to print their own logo on it if buying 100 cards in bulk. the underlying bank for ANX is www.mbank.pl

note... this is only valid for the premium card. their basic and plus debits are not visas.

LOL what my ANX Premium card is a mastercard and it does not have my name on it just says ANX so i cant use it to rent cars or buy airline tickets. Also my ANX Premium was sent from tokyo to me in midwest USA and i got it in like 5-6 days including weekend. I really hope this card not like ANX Premium, i hate that i have to send bitcoin, then they will deposit to card $100 minimal then you can use like 2-3 business days tokyo time/holidays

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: Puppet on January 15, 2015, 05:51:29 AM

I received my card today. A few things where unexpected.
First of all, the card actually carries my name, which is cool but some may not like. Those polish cards were all generic and "anonymous"
The card is actually issued by https://www.mychoicecorporate.com/company/
Which at first glance seems legit.
I got no pin, but it states I have to call mychoice in the UK to activate the card. The letter states I will have to confirm the card number and my date of birth. I dont remember giving the latter when I signed up (and it may not have been my actual birthdate), but we'll see.

thats company is th eone who provides the XAPO debit card as well. I have been waiting for XAPO card for some time but i am in the USA so i was told they have to get it worked out before can ship to USA customers. Also was told can have card " XAPO " shipped to someone outside usa like canada and use it in usa just fine. I am not sure if this card will be the same but sounds like it

DARKANGEL6415

hero member

Activity: 672

Merit: 500

ADAMANT — the most secure and anonymous messenger

Quote from: gosha@e-coin on January 07, 2015, 04:20:24 PM

Quote from: kano on January 07, 2015, 03:52:18 PM

Quote from: gosha@e-coin on January 07, 2015, 03:42:21 PM

...
Full details can be found here: https://www.e-coin.io/legal
...

There are no details anywhere.
Details you should have are the company name and full registration details.
The fully verifiable names of the company owners and the historical contact address details of the company.

To have such a card you must be dealing with VISA and VISA will not allow some random anonymous internet scammer to deal with them.
They will require such details also.

You expect people to give you BTC with a zero trust rating, no posts on this forum and all details about your company and web site hidden.

Seriously - you think anyone WOULDN'T think it's a scam?

Totally see your point, mate. I wouldn't trust my money to someone I don't know.
Hence, this post and this whole discussion.

You can see the company details here:
http://wck2.companieshouse.gov.uk
Company No. 09228951

Or here:
https://www.duedil.com/company/09228951/e-coin-trading-limited

Or here:
http://companycheck.co.uk/company/09228951/E-COIN-TRADING-LIMITED

Will be happy to PM more details to you and would appreciate if you could check them and post in this forum once all your questions have been answered.

To have such a card we can be dealing with Visa directly or with an official Visa card issuer. The latter is the case for us. You are absolutely right in that neither would deal with a random internet scammer, so the actual fact that the card is being issued and shipped is proof of the opposite.

May I suggest that you give it a try? It is only $1 during beta stage, and not free only for the reason that people don't treat free stuff seriously.
Also, would be happy to meet you at http://bitcoinexpo2015.com/ later this month.

Hope I've addressed your concerns best as I could

trust me you are better of just posting all the information the people are asking you for instead of sending PM to people one by one. That way everyone can see what you are posting and also so you dont run the risk of person reading it and getting wrong translation if they dont speak english good. I know might only be one dollar but it is a poor attitude to say " only $1 " yes i spend $6 for each pack of smokes so yes $1 is not alot but noone wants to loose even if just $1

mlmdaily

newbie

Activity: 73

Merit: 0

how much it will cost for each card?
I can order multiple cards and withdraw from each account by multiple cards?

dmitrycrypto

member

Activity: 63

Merit: 11

Quote from: mlmdaily on January 17, 2015, 11:15:46 AM

also, whether I can transfer fund between the cards online?
also, if I am not verified, does that mean I can only withdraw $1000 lifetime from ATM? The left 1500 USD can only be used on POS?

Yes you can transfer funds between our cards and use those funds to buy bitcoins if needed.
$1000 is the max to withdraw for unverified accounts the rest should be spent on POS/online merchants.

mlmdaily

newbie

Activity: 73

Merit: 0

also, whether I can transfer fund between the cards online?
also, if I am not verified, does that mean I can only withdraw $1000 lifetime from ATM? The left 1500 USD can only be used on POS?

mlmdaily

newbie

Activity: 73

Merit: 0

withdrawal limits for unverified $2500 lifetime,$2500 per day? It is not refundable? in this way I have to get multiple card for each account? How much each card cost?

Topic: Bitcoin debit card - page 151. (Read 293925 times)