Since the fees are low and you can get low value cards I can see them being good for the 1 and done kind of thing.
Need a card for $38.45 at a potentially sketchy website. Get one use it and move on. If CoinDebit disappears 6 seconds after the merchant gets approval, not your problem.
The flip side of that is the bad part, you have no way of getting your money back if they don't ship / do whatever they say they were going to do if CoinDebit goes away your funds are lost.
Will probably try it sooner or later.
Good find.
-Dave
Topic: [unofficial] CoinDebit NO-KYC pre-paid cards? - page 3. (Read 1062 times)
Well, even CryptoDebit refused some stuff, like selling reloadable debit cards so just because they didn't want to scam you immediately doesn't mean that they are legit. Smarter scammers tend to play the long game anyway.
I am not trying to defend CoinDebit in any way here, but I think your scam busting skills are not as good as they use to be, maybe because you are not investigating them so much anymore 
I personally tried to talk with both services so I can judge situation from different angles, and I didn't say that is the reason why I think something is legit or not.
As for scammers, I don't know any intelligent scammers that would limit themselves only to United States and refuse people from all other countries in the world.
btw you can see Bitcoin developers like Lorenzo Primiterra The Crypto Nomad and others testing CoinDebit cards...
but they confirmed this service is only for United States merchants, so it won't work in EU and other parts of the world... scammers would sold me the card asap.
Well, even CryptoDebit refused some stuff, like selling reloadable debit cards so just because they didn't want to scam you immediately doesn't mean that they are legit. Smarter scammers tend to play the long game anyway.You can start company in 2020 and register domain in 2021, I don't see anything strange about that.
Well, it would be interesting to see how they offered their service in 2020 without website. And as I mentioned, domain expires in about 2-3 weeks which is another red flag for me.Terms of service are often times copy-pasted, but I suspect that first one posting this terms was CoinDebit and CryptoDebit later used their idea.
To be honest, I wouldn't even tag someone (at least not with negative feedback, maybe neutral ) for copying the TOS, if thats the only bad thing I could find. Yeah, its a lazy and shitty thing to do but it doesn't mean that some service is a scam as so many do that. And yeah I agree, due similar name and the fact that CoinDebit is older than Criptodebit chances are that they indeed copied from them. Still, I am strictly unsupportive of projects that steal from others.
Same here, but imho its a different thing to copy/paste something as generic as TOS usually is, and to copy the whole idea and concept of some business/project, like classic scams tend to do. 
For anyone interested to research deeper, this is their twitter account and they started it in 2021:
https://twitter.com/Coin_debit
Thanks for the link, I couldn't find it on their website. Since this service is being advertised by people who, I am sure, are unlikely to promote an outright scam, I tend to agree it may be legit. In particular, Lili from the Foundation devices team has mentioned them as a good way to convert your bitcoin into fiat: https://twitter.com/Marketsbylili/status/1523684169905180672https://twitter.com/Coin_debit
Still, I am strictly unsupportive of projects that steal from others.
So honestly I don't see how this is any better than CryptoDebit. At least not at the first look.
My gut feeling is telling me this could be different story from CryptoDebit scammers, but let's wait and see, that is why I asked everyone to investigate it.Anyway, I contacted them and asked if it's possible to order and ship their cards to Europe (I wanted to do similar thing with CryptoDebit scammers),
but they confirmed this service is only for United States merchants, so it won't work in EU and other parts of the world... scammers would sold me the card asap.
You can start company in 2020 and register domain in 2021, I don't see anything strange about that.
I noticed similarities not only in the names of both projects but also in how they love stealing the content of other, more reputable, companies so that their own business would look more attractive and trustworthy to inexperienced clients.
Terms of service are often times copy-pasted, but I suspect that first one posting this terms was CoinDebit and CryptoDebit later used their idea.For anyone interested to research deeper, this is their twitter account and they started it in 2021:
https://twitter.com/Coin_debit
This looks like real people demo testing CoinDebit cards:
https://twitter.com/Bitcoinbeach/status/1517329007569608704
I noticed similarities not only in the names of both projects but also in how they love stealing the content of other, more reputable, companies so that their own business would look more attractive and trustworthy to inexperienced clients.
Copy/pasting TOS is pretty much the standard practice, even by legit business. It sucks, but unfortunately that's how it is now. Had they appeared on the forum officially, I would have redtagged them like I did in the case of CriptoDebit.
Pretty much this. That's why I said that they don't look any better than CriptoDebit and would most likely end up the same way. 
Can someone explain what exactly is U.S. debit card? Card which issued by U.S. company? Does that mean local business outside U.S. doesn't accept this kind of card?
Seems like a standard debit card. Apparently, cards can be classified as US Debit or Visa Debit cards. The difference between them is in the way you verify yourself. If you pay with a US debit card, you need to enter your PIN. With a VISA Debit, no PIN is required, but you have to sign the receipt. That's what I understood from these two sources:
https://www.firstfinancial.org/youth-young-adults/it-all-adds-up/it-all-adds-up-article/5-things-you-need-to-know-about-your-debit-card/
https://support.nmi.com/hc/en-gb/articles/115001293352-US-Debit-vs-VISA-Debit-vs-Direct-Debit
Cards are accepted anywhere that accepts United States debit
Can someone explain what exactly is U.S. debit card? Card which issued by U.S. company? Does that mean local business outside U.S. doesn't accept this kind of card?
I wouldn't mind that condition if they'll return your money when they decide to block your access. I don't use any other site that says they can just keep my money if they feel like it (and that wouldn't even be legal).
They didn't say they would take away your money, just restrict access to their website, but you should still use their card just fine.Only time you need to use their website is during card creation or money loading, everything else is visa related.
I would remain skeptical unless their ToS explicitly state they'll return the money if they decide to block customer.
they love stealing the content of other, more reputable, companies
Good find! It's ironic if even their Terms are stolen. It also explains why the Terms don't make sense for a site that sells debit cards. This one for example:Had they appeared on the forum officially, I would have redtagged them like I did in the case of CriptoDebit.
Agreed. Even though I don't tag for plagiarism, stealing even the TOS makes it very likely they're scammers. Especially since they claim copyright on their TOS:Quote
23. Copyright/Trademark
Copyright © 2022, Coin Debit and/or its affiliates.
Copyright © 2022, Coin Debit and/or its affiliates.
Quote
Unauthorized copying, distribution, modification, public display, or public performance of copyrighted works may be an infringement of the rights of the copyright owner.
Now they're just making fun of themselves! Some members probably saw recent shady project in forum that is most likely scam called CriptoDebit, so maybe you notice similarity in the name with CoinDebit project that looks legit.
This two services should not be confused.
I noticed similarities not only in the names of both projects but also in how they love stealing the content of other, more reputable, companies so that their own business would look more attractive and trustworthy to inexperienced clients. This two services should not be confused.
They clearly have copypasted word for word terms and conditions from oracle.com:
Quote from: https://www.oracle.com/cis/legal/terms.html
10. Monitoring
Oracle has no obligation to monitor the Site or screen Content that is Shared on or through the Site. However, Oracle reserves the right to review the Site and Content and to monitor all use of and activity on the Site, and to remove or choose not to make available on or through the Site any Content in its sole discretion. Oracle may remove Content that is confidential or proprietary to a third party without that third party's permission.
11. Termination of Use
Oracle may, in its sole discretion, at any time discontinue providing or limit access to the Site, any areas of the Site or Content provided on or through the Site. You agree that Oracle may, in its sole discretion, at any time, terminate or limit your access to, or use of, the Site or any Content. Oracle may terminate or limit your access to or use of the Site if Oracle determines, in its sole discretion, that you have infringed the copyrights of a third party. You agree that Oracle shall not be liable to you or any third-party for any termination or limitation of your access to, or use of, the Site or any Content, including Content that you may have Shared.
Oracle has no obligation to monitor the Site or screen Content that is Shared on or through the Site. However, Oracle reserves the right to review the Site and Content and to monitor all use of and activity on the Site, and to remove or choose not to make available on or through the Site any Content in its sole discretion. Oracle may remove Content that is confidential or proprietary to a third party without that third party's permission.
11. Termination of Use
Oracle may, in its sole discretion, at any time discontinue providing or limit access to the Site, any areas of the Site or Content provided on or through the Site. You agree that Oracle may, in its sole discretion, at any time, terminate or limit your access to, or use of, the Site or any Content. Oracle may terminate or limit your access to or use of the Site if Oracle determines, in its sole discretion, that you have infringed the copyrights of a third party. You agree that Oracle shall not be liable to you or any third-party for any termination or limitation of your access to, or use of, the Site or any Content, including Content that you may have Shared.
Quote from: https://www.coindebit.io/terms-of-service
10. Monitoring
Coin Debit has no obligation to monitor the Site or screen Content that is Shared on or through the Site. However, Coin Debit reserves the right to review the Site and Content and to monitor all use of and activity on the Site, and to remove or choose not to make available on or through the Site any Content in its sole discretion. Coin Debit may remove Content that is confidential or proprietary to a third party without that third party's permission.
11. Termination of Use
Coin Debit may, in its sole discretion, at any time discontinue providing or limit access to the Site, any areas of the Site or Content provided on or through the Site. You agree that Coin Debit may, in its sole discretion, at any time, terminate or limit your access to, or use of, the Site or any Content. Coin Debit may terminate or limit your access to or use of the Site if Coin Debit determines, in its sole discretion, that you have infringed the copyrights of a third party. You agree that Coin Debit shall not be liable to you or any third-party for any termination or limitation of your access to, or use of, the Site or any Content, including Content that you may have Shared.
Coin Debit has no obligation to monitor the Site or screen Content that is Shared on or through the Site. However, Coin Debit reserves the right to review the Site and Content and to monitor all use of and activity on the Site, and to remove or choose not to make available on or through the Site any Content in its sole discretion. Coin Debit may remove Content that is confidential or proprietary to a third party without that third party's permission.
11. Termination of Use
Coin Debit may, in its sole discretion, at any time discontinue providing or limit access to the Site, any areas of the Site or Content provided on or through the Site. You agree that Coin Debit may, in its sole discretion, at any time, terminate or limit your access to, or use of, the Site or any Content. Coin Debit may terminate or limit your access to or use of the Site if Coin Debit determines, in its sole discretion, that you have infringed the copyrights of a third party. You agree that Coin Debit shall not be liable to you or any third-party for any termination or limitation of your access to, or use of, the Site or any Content, including Content that you may have Shared.
Had they appeared on the forum officially, I would have redtagged them like I did in the case of CriptoDebit.
Some members probably saw recent shady project in forum that is most likely scam called CriptoDebit, so maybe you notice similarity in the name with CoinDebit project that looks legit.
To be honest, if CoinDebit came to forum providing so little info about their services(and not much can be found on their website) they would probably end up tagged like it happened with Criptodebit. One of the red flags for me is that they claim on the website that they are in business since 2020, while whois says that website is live since 2021 (and expires very soon), and same goes for their Twitter account. So honestly I don't see how this is any better than CryptoDebit. At least not at the first look. Quote
Domain Name: coindebit.io
Registry Domain ID: a6b1cc9de98646908ecb7ea4929ffb57-DONUTS
Registrar WHOIS Server: whois.godaddy.com/
Registrar URL: http://www.godaddy.com/domains/search.aspx?ci=8990
Updated Date: 2021-11-23T16:36:17Z
Creation Date: 2021-06-02T03:32:45Z
Registry Expiry Date: 2022-06-02T03:32:45Z
Registry Domain ID: a6b1cc9de98646908ecb7ea4929ffb57-DONUTS
Registrar WHOIS Server: whois.godaddy.com/
Registrar URL: http://www.godaddy.com/domains/search.aspx?ci=8990
Updated Date: 2021-11-23T16:36:17Z
Creation Date: 2021-06-02T03:32:45Z
Registry Expiry Date: 2022-06-02T03:32:45Z
Might be nothing but I just don't like when they lie about stuff like that.
I wouldn't mind that condition if they'll return your money when they decide to block your access. I don't use any other site that says they can just keep my money if they feel like it (and that wouldn't even be legal).
They didn't say they would take away your money, just restrict access to their website, but you should still use their card just fine.Only time you need to use their website is during card creation or money loading, everything else is visa related.
this is basically more or less the same thing you are getting with any other website you use.
~
You can always order and create new card and change your IP address if they ban you for any reason.
I wouldn't mind that condition if they'll return your money when they decide to block your access. I don't use any other site that says they can just keep my money if they feel like it (and that wouldn't even be legal). ~
You can always order and create new card and change your IP address if they ban you for any reason.
I wouldn't use a site with such conditions. They're basically saying they can decide to kick you as a user whenever they feel like it.
And I wouldn't argue with that, but this is basically more or less the same thing you are getting with any other website you use.In this case you are not creating any account, you are not sending them any of your private information, and you can only send them $250 that is fairly low amount of inflationary fiat money.
You can always order and create new card and change your IP address if they ban you for any reason.
Quote
Coin Debit may, in its sole discretion, at any time discontinue providing or limit access to the Site
Some members probably saw recent shady project in forum that is most likely scam called CriptoDebit, so maybe you notice similarity in the name with CoinDebit project that looks legit.
This two services should not be confused.
CoinDebit is releasing physical and virtual pre-paid Visa cards that can be instantly loaded with bitcoin and spend fully anonymously within ten minutes.
Cards are accepted anywhere that accepts United States debit, only up to $250 can be added on a card, there is a transaction fee when loading card up with money, and monthly maintenance fee.
There is not much information on FAQ page, but it's still early phase and they are fairly active on their twitter page.
Not sure if they are delivering cards worldwide or only within United States, but procedure for creating new cards is very simple and it can be paid with Bitcoin and Lightning.
After reading their terms of service, it's obvious that you shouldn't use this cards for any illegal services, and they may cancel this service at any time.
I am asking other member to check out this new website and investigate any potential red flags.
https://www.coindebit.io/
archive: https://archive.ph/NL0hU
archive: https://archive.ph/SnRcF
This two services should not be confused.
CoinDebit is releasing physical and virtual pre-paid Visa cards that can be instantly loaded with bitcoin and spend fully anonymously within ten minutes.
Cards are accepted anywhere that accepts United States debit, only up to $250 can be added on a card, there is a transaction fee when loading card up with money, and monthly maintenance fee.
There is not much information on FAQ page, but it's still early phase and they are fairly active on their twitter page.
Not sure if they are delivering cards worldwide or only within United States, but procedure for creating new cards is very simple and it can be paid with Bitcoin and Lightning.
After reading their terms of service, it's obvious that you shouldn't use this cards for any illegal services, and they may cancel this service at any time.
I am asking other member to check out this new website and investigate any potential red flags.
https://www.coindebit.io/
archive: https://archive.ph/NL0hU
Quote
Coin Debit may, in its sole discretion, at any time discontinue providing or limit access to the Site, any areas of the Site or Content provided on or through the Site. You agree that Coin Debit may, in its sole discretion, at any time, terminate or limit your access to, or use of, the Site or any Content. Coin Debit may terminate or limit your access to or use of the Site if Coin Debit determines, in its sole discretion, that you have infringed the copyrights of a third party. You agree that Coin Debit shall not be liable to you or any third-party for any termination or limitation of your access to, or use of, the Site or any Content, including Content that you may have Shared.
https://www.coindebit.io/terms-of-servicearchive: https://archive.ph/SnRcF
Jump to: