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Topic: [ANNOUNCE] BitcoinNordic: Instant Bitcoins with Scandinavian credit cards (Read 6363 times)

sr. member
Activity: 252
Merit: 250
Inactive



Great stuff.  Hope you guys can eventually take US issued cards.
legendary
Activity: 1246
Merit: 1015
Strength in numbers
This thread doesn't describe it but I see that Bitcoin Nordic will also cash out to PayPal or to a bank account (with withdrawal being free or inexpensive in a few countries, and international transfer to other countries as well):
 - https://bitcoinnordic.com/sell


I see 10% fee. Though they use a 24hr average so you could pick up some value on a spike I guess, though usually not 10%.
legendary
Activity: 2506
Merit: 1010
This thread doesn't describe it but I see that Bitcoin Nordic will also cash out to PayPal or to a bank account (with withdrawal being free or inexpensive in a few countries, and international transfer to other countries as well):
 - https://bitcoinnordic.com/sell
sr. member
Activity: 304
Merit: 250
I'm glad you like it! And we're thankful for you spreading the word. We're now featuring your testimonials on the front page: https://bitcoinnordic.com/

You are also very welcome to review us on http://www.trustpilot.com/review/bitcoinnordic.com . We'll try to collect testimonials there.

BTW, about a week after we opened Bitcoin Nordic a hairdresser in Copenhagen started accepting Bitcoin as payment and mentioned Bitcoin Nordic as the place to buy them. I have the feeling that we made that happen by making buying Bitcoins easy and fast.
legendary
Activity: 945
Merit: 1003
Done!!

From clicking "next" on the sms confirmation page - and til getting the bitcoin in my wallet took a full

-
18 seconds
-

!!
You guys are awesome. I'll recommend your service to bitcoin friends of mine!
sr. member
Activity: 304
Merit: 250
What about Finland?
Finnish credit cards are not supported at the moment.

This is great news! As a dane I need to give this a try real soon.

What happened to all the bs you were dealing with in the fall (financiel virksomhed regler)?
When you've finished your purchase, let me know here if you liked it. =)

The regulation I was dealing with was only related to opening an exchange MtGox / Intersango style. Selling Bitcoins directly like we're doing now is not subject to the same regulation.
legendary
Activity: 945
Merit: 1003
This is great news! As a dane I need to give this a try real soon.

What happened to all the bs you were dealing with in the fall (financiel virksomhed regler)?

Congratulations to Lasse et al.
hero member
Activity: 614
Merit: 500
Hi,
This looks like a brilliant idea! Like the poster above, I hope you don't encounter too much fraud.
  
A couple questions.

  • is there a transaction limit as to how much you can buy?
  • can you please provide an exact list of supported countries. The term Scandinavia usually refers to Norway and Sweden but also sometimes to Denmark, Iceland, Finland, and the Faroe Islands.
There is currently a 1000DKK per day per card limit and a 10,000DKK per day system-wide limit. If we don't encounter much fraud these limits will be raised.

Scandinavia refers to Denmark, Sweden, and Norway.

What about Finland?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
sr. member
Activity: 304
Merit: 250
Is anyone that wants to make use of that as an authentication method allowed to do so?
 - http://en.wikipedia.org/wiki/NemID
I'm note sure, there may be some requirements. BitcoinNordic doesn't employ NemID directly but through eWire, another company.
legendary
Activity: 2506
Merit: 1010
Danish customers will need to identify using the government and bank created NemID system

Is anyone that wants to make use of that as an authentication method allowed to do so?
 - http://en.wikipedia.org/wiki/NemID
sr. member
Activity: 304
Merit: 250
1000 kroner is roughly $175 if my math serves me right. One suggestion i would add is to have a screening process where the purchaser of the coins is required to scan and send a proof of identification if he wishes to purchase more than 300Dk (or pick any number).  That should stave off carders somewhat.

I wish you the best of luck on your business!
Danish customers will need to identify using the government and bank created NemID system.
legendary
Activity: 1304
Merit: 1014
Please be very careful with fraud.  There is a reason why most ways to buy bitcoins don't involve credit cards.  But, maybe you've figured it out.  Good luck and be safe.
R-
full member
Activity: 238
Merit: 100
Pasta
Hi,
This looks like a brilliant idea! Like the poster above, I hope you don't encounter too much fraud.
  
A couple questions.

  • is there a transaction limit as to how much you can buy?
  • can you please provide an exact list of supported countries. The term Scandinavia usually refers to Norway and Sweden but also sometimes to Denmark, Iceland, Finland, and the Faroe Islands.
There is currently a 1000DKK per day per card limit and a 10,000DKK per day system-wide limit. If we don't encounter much fraud these limits will be raised.

Scandinavia refers to Denmark, Sweden, and Norway.

1000 kroner is roughly $175 if my math serves me right. One suggestion i would add is to have a screening process where the purchaser of the coins is required to scan and send a proof of identification if he wishes to purchase more than 300Dk (or pick any number).  That should stave off carders somewhat.

I wish you the best of luck on your business!
sr. member
Activity: 304
Merit: 250
Hi,
This looks like a brilliant idea! Like the poster above, I hope you don't encounter too much fraud.
  
A couple questions.

  • is there a transaction limit as to how much you can buy?
  • can you please provide an exact list of supported countries. The term Scandinavia usually refers to Norway and Sweden but also sometimes to Denmark, Iceland, Finland, and the Faroe Islands.
There is currently a 1000DKK per day per card limit and a 10,000DKK per day system-wide limit. If we don't encounter much fraud these limits will be raised.

Scandinavia refers to Denmark, Sweden, and Norway.
R-
full member
Activity: 238
Merit: 100
Pasta
Hi,
This looks like a brilliant idea! Like the poster above, I hope you don't encounter too much fraud.
 
A couple questions.

  • is there a transaction limit as to how much you can buy?
  • can you please provide an exact list of supported countries. The term Scandinavia usually refers to Norway and Sweden but also sometimes to Denmark, Iceland, Finland, and the Faroe Islands.
hero member
Activity: 560
Merit: 501
This is awesome! I hope you will find a sustainable way to receive payments without running into issues with chargebacks and the like.
sr. member
Activity: 304
Merit: 250
Thanks Jan! I also used BitcoinSpinner for my tests.  Smiley
Jan
legendary
Activity: 1043
Merit: 1002
Just tried it.
1  Enter amount in DKK, your email address, Bitcoin address
2) Enter credit card info (I used a Danish credit card called Dankort)
3) Enter your mobile number
4) After a few seconds I receive a text message with a confirmation code, which I enter
5) I receive a confirmation email from [email protected]
6) I receive a confirmation email from  [email protected]
7) My 3.26583 BTC tick into my BitcoinSpinner app after 25 seconds!

All in all I paid 100 DKK for 3.26583 BTC and the process took less than a minute.
The last trade on MtGox was 27.60924 DKK for one BTC at that time, and would have given me 3.62197583 BTC.
However transferring funds to MtGox is much more expensive from Denmark and would have taken several days.

Awesome!


Buying BTC this way is so much more pleasant than what I used to do, so I just has to try it again, this time for 500 DKK.
Took 1 minute and 20 seconds from clicking Finish till my 16.43164 BTC ticked in.  Grin
Jan
legendary
Activity: 1043
Merit: 1002
Just tried it.
1  Enter amount in DKK, your email address, Bitcoin address
2) Enter credit card info (I used a Danish credit card called Dankort)
3) Enter your mobile number
4) After a few seconds I receive a text message with a confirmation code, which I enter
5) I receive a confirmation email from [email protected]
6) I receive a confirmation email from  [email protected]
7) My 3.26583 BTC tick into my BitcoinSpinner app after 25 seconds!

All in all I paid 100 DKK for 3.26583 BTC and the process took less than a minute.
The last trade on MtGox was 27.60924 DKK for one BTC at that time, and would have given me 3.62197583 BTC.
However transferring funds to MtGox is much more expensive from Denmark and would have taken several days.

Awesome!
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