Coinsbee vs UseBitcoin
It is a trade-off. Coinsbee has the higher Safety grade (5.8 against 5.5), while UseBitcoin has the higher Privacy grade (6.3 against 2.3).
Coinsbee
Gift cards for 250+ cryptocurrencies; ID check required above €1,000 per order
Privacy
2.3/ 10
Poor
Safety
5.8/ 10
Fair
ID on risk flag KYC 3 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
| Coinsbee | UseBitcoin | |
|---|---|---|
| Category | Gift Cards | Gift Cards |
| KYC policy | ID on risk flag | 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, ETH, LTC, XMR, USDT | BTC |
| Pay with | Crypto | Lightning |
| Fees | Not published | No fee stated; some codes are listed at a discount |
| Limits | Without verification: max €1,000 per order and €10,000 in total | Denominations vary by product, for example ¥1,000-¥100,000 for au PAY |
| Founded | 2019 | Not published |
| Jurisdiction | Germany | Japan |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Coinsbee
May request IDRequires emailClosed source5+ years operating
Both
Legal entity disclosed
Only UseBitcoin
Accepts Lightning
Where they sit among gift cards
Questions
Is Coinsbee or UseBitcoin safer?
Coinsbee has the higher Safety grade: Coinsbee 5.8, UseBitcoin 5.5, out of 10.
Does Coinsbee or UseBitcoin require KYC?
Coinsbee is KYC level 3 (ID on risk flag). UseBitcoin is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Coinsbee has 0 and UseBitcoin has 0 documented incidents in the registry.