Custom Crypto Cards (Redotpay, Trustee, etc.)

[Alex Braun]

Hello, OCT people

It would be great to hear your opinion on anonymous custom name crypto cards services like RedotPay?
How much are you willing to pay if interested in getting one of those?
Should such a service be presented on OCT?
Do you need it? Do you want it?
Any comments and questions are very appreciated

 

[SCHLOSSFINANZ]

totally useless as sooner or later the card provider gets closed down or makes an‌ "exit-scam" lol.

 

[Markinho]

Redotpay is not really anonymous, since they have kyc verification.

There are a few (also‌ here on OCT) that offer this kind of service (anonymous crypto cards), where you can‍ topup via crypto and withdraw cash.

Personally, I use multiple vendors, just to minimize risks.⁠ Don't want to spend thousands per day on just 1 vendor.

 

[Alex Braun]

But it could be anonymous for you.
pay the fee, tell me what name⁣ you prefer on your account, and the problem is solved.
It sounds pretty anonymous to⁢ me, doesn't it?

 

[Markinho]

But how would it be anonymous if⁠ they ask for my personal information? I can put any name on the card after⁤ paying, but if they have all my personal information incl. ID check due to their⁣ KYC policies, then it's not anonymous anymore.

Unless I let somebody else do it and⁢ I just pay the person who does it for me (wink)

 

[MaltaNomad]

What he is offering includes lots of risk, that's why he is not here any‌ longer!

 

[ail99]

Hi. I recently started using redotpay. Has anybody gone through any Source of Wealth or‌ Source of Funds checks ? Spent almost 25k USD last month but no questions asked‍ yet. Experience has been very good although they are very picky with the merchants they⁠ accept ( no netflix !? ) Anything else similar to redotpay? Would like to spread⁤ my expenses over multiple cards. Something in a non-crs country hopefully.

 

[MaltaNomad]

Xapo Bank is very popular her on OCT.

 

[ail99]

But you‌ have to pay an annual fee of 1000 USD just to keep the account open.‍ That's pretty steep in my opinion, unless you are spending hundreds of thousands a year...⁠

 

[toums]

you said you spent 25K in a month..⁠

 

[ail99]

yes, but‌ that doesn't mean I will spend that every month, like I said I want to‍ spread it over multiple cards. What about the Kingdom Bank card? Anyone encountered Source of⁠ funds or Source of wealth checks?

 

[icecold]

If the service is OK with Xapo 1000 USD is nothing a year to pay‌ for it.

@The Kingdom Bank also charge a setup fee and I think monthly fee.‍ Maybe @Wallester who also AD's here has a good solution.