Coincards vs UseBitcoin
It is a trade-off. Coincards has the higher Safety grade (6.5 against 5.5), while UseBitcoin has the higher Privacy grade (6.3 against 5.9).
Coincards
Canadian gift-card store accepting Bitcoin and Lightning since 2014
Privacy
5.9/ 10
Fair
Safety
6.5/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
UseBitcoin
Japanese prepaid gift codes paid for over the Lightning Network
Privacy
6.3/ 10
Fair
Safety
5.5/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Coincards | UseBitcoin | |
|---|---|---|
| Category | Gift Cards | Gift Cards |
| KYC policy | No ID mentioned | No ID mentioned |
| Custody | N/A | N/A |
| Sign-up | Email required | Not published |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC | BTC |
| Pay with | Crypto, Lightning | Lightning |
| Fees | Not published | No fee stated; some codes are listed at a discount |
| Limits | Not published | Denominations vary by product, for example ¥1,000-¥100,000 for au PAY |
| Founded | 2014 | Not published |
| Jurisdiction | Canada | Japan |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Coincards
Requires email5+ years operating
Both
Accepts LightningLegal entity disclosed
Only UseBitcoin
Nothing distinct
Where they sit among gift cards
Questions
Is Coincards or UseBitcoin safer?
Coincards has the higher Safety grade: Coincards 6.5, UseBitcoin 5.5, out of 10.
Does Coincards or UseBitcoin require KYC?
Coincards is KYC level 1 (no ID mentioned). UseBitcoin is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Coincards has 0 and UseBitcoin has 0 documented incidents in the registry.