Carbon
Buy Cryptocurrency Instantly using Credit/Debit
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Carbon - Buy Cryptocurrency Instantly using Credit/Debit

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We are building APIs for the cryptocurrency economy!
On our roadmap:
1: On ramps (done)
2: Off ramps (live on sandbox)
3: Coin swaps (live on sandbox)
4: Native stablecoins for each blockchain (done)
5: more? 😏

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This seems legit, but I am curious how is your fee when compared to other top crypto-buying platforms? Any security risk, if any? Also, do you guys mention anything related crypto in bank statement or transactions?
Great question . Also interested
Maker
our fees are now 2.99% or $2, whichever is higher! if something goes wrong, we refund (ie order was not completed) but you do need to make sure your public key is correct. we do not! bank transactions say `Carbon Money` and that's it :)
how secure is it to do transactions without signing up?
Maker
it is very secure - we also have PCI level 1 compliance (highest standard for storing users sensitive info). See a gif of the checkout process for Apple Pay:
That's pretty reasonable! Lower than what I've been paying, at least.
Verification SMSes don't arrive neither to UAE nor to Armenia phone numbers.
nor to Nepal.
Maker
we are working on global coverage through twilio right now - we also let users sign up if the countries don't work. thanks for letting us know
How many states/countries do you have “on-ramp licenses” in?
Maker
we currently don't support USA because MTL's are very expensive but we are covered otherwise in the world with our EU licenses :)
Dope dope. Do you plan to move into the US sometime in the future? I read something recently that said Coinbase’s “moat” is its licenses to operate in the US. Do you plan to compete somehow or do you plan to operate differently? (Lots of questions, I know 😜)
Maker
yes we are a noncustodial version of Coinbase - we specialize in allowing anyone to become a Coinbase - do that’s the difference. These licenses are something we are in the process of obtaining ATM :)
Nice. Supplying pickaxes to the gold miners ⛏ 💎 That’s really cool, Gavin. Looking forward to seeing how Carbon grows. I’ll follow on Twitter
Maker
Welcome! We'd love feedback from everyone :)
Tried it, can confirm that it works and the UX is sleek.
Maker
thanks a lot! glad you are trying it. We are rolling out a referral program soon :)
Where are you based? And is this for EU/US/both?
Maker
we are based globally (one office in US and one office in Europe) - non-US for now but that will be changing in the near future
Can It be used as payment service, where customers will buy Bitcoin and pay for product/service?
Maker
yes we have merchant API endpoints
Nice service and UI but I suspect it'll be hard to keep the service operational once you reach a meaningful volume of transaction.
Maker
can you specify more? are you talking just pure liquidity provisioning?
No, I am more worried about you losing your payment processor/merchant account. You will likely get a lot of fraudulent charges from stolen credit cards, fraudulent chargebacks, etc.
Maker
yep so fraud is definitely a big thing but we’ve taken very strong steps to counter fraud - we’re actually more of an analytics company now rather than pure brokerage. The team with best data will will longer term
Is it only going to be Fiat to crypto, or are you planning crypto to crypto as well?
Maker
oh we have the whole thing done already :) stay tuned and follow us at for more news soon
Great to see Carbon on here. Their switch from a stable coin focus to on ramps is so critical to fixing one of the (many) ux challenges of crypto. Keep up the great work Miles and co!
Maker
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