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Topic: ★ Bitcoin Magnet ★ Buy & sell bitcoins automatically using your UK bank account! - page 5. (Read 8434 times)

legendary
Activity: 1414
Merit: 1077
Ok just registered lets give this a go Smiley

Cool, let me know what you think. Any feedback would be great.

Ok will do, it's been pretty straightforward so far with registering and setting up bank payment details.

Email with details came through quickly too.

Just got to wait for an hour before payment can be sent to a new recipient.

So from what I understand you can do one-off purchases or set up a standing order for regular set interval purchases?

Correct. I designed it with recurring payments in mind, but works just the same for single payments.

That's great thank you all good so far Smiley.
member
Activity: 113
Merit: 10
Ok just registered lets give this a go Smiley

Cool, let me know what you think. Any feedback would be great.

Ok will do, it's been pretty straightforward so far with registering and setting up bank payment details.

Email with details came through quickly too.

Just got to wait for an hour before payment can be sent to a new recipient.

So from what I understand you can do one-off purchases or set up a standing order for regular set interval purchases?

Correct. I designed it with recurring payments in mind, but works just the same for single payments.
legendary
Activity: 1414
Merit: 1077
Ok just registered lets give this a go Smiley

Cool, let me know what you think. Any feedback would be great.

Ok will do, it's been pretty straightforward so far with registering and setting up bank payment details.

Email with details came through quickly too.

Just got to wait for an hour before payment can be sent to a new recipient.

So from what I understand you can do one-off purchases or set up a standing order for regular set interval purchases?
member
Activity: 113
Merit: 10
Ok just registered lets give this a go Smiley

Cool, let me know what you think. Any feedback would be great.
legendary
Activity: 1414
Merit: 1077
Ok just registered lets give this a go Smiley
member
Activity: 113
Merit: 10
To encourage people to try the service, I will not charge any fee for orders made today.
member
Activity: 113
Merit: 10
Websites not loading?

Works fine here.

My question is why should anyone trust this website? With all the scams going around lately, it might help if you post some background info on you or whoever is behind the site. Would probably get more buyers.

One thing I noticed is: http://whois.domaintools.com/bitcoinmagnet.co.uk - Newly registered domain hosted at http://www.000webhost.com/, a free or cheap host which is normally use by scammers and phishers.

True, the website is being hosted for free. I guess that could raise eyebrows but my rationale was just to save on costs, not privacy. If I wanted privacy I would have hidden the Whois details. Plus, the whole business model revolves around direct bank transfers, so quite difficult to hide in that sphere anyway! I will add more info in the OP about myself etc, in order to paint a clearer picture. Thanks for the advice, I always appreciate feedback.

John
legendary
Activity: 1414
Merit: 1077
Websites not loading?

Works fine here.

My question is why should anyone trust this website? With all the scams going around lately, it might help if you post some background info on you or whoever is behind the site. Would probably get more buyers.

Sorry working here now too must have been down for a few minutes when I first tried.

I agree, more info is needed.
legendary
Activity: 1120
Merit: 1000
Websites not loading?

Works fine here.

My question is why should anyone trust this website? With all the scams going around lately, it might help if you post some background info on you or whoever is behind the site. Would probably get more buyers.

One thing I noticed is: http://whois.domaintools.com/bitcoinmagnet.co.uk - Newly registered domain hosted at http://www.000webhost.com/, a free or cheap host which is normally use by scammers and phishers.
legendary
Activity: 1414
Merit: 1077
member
Activity: 113
Merit: 10
COMING SOON!



The easiest way to buy & sell bitcoin in the UK.

How it works:

Buy bitcoin from Bitcoin Magnet

► Register - we will ask for your bitcoin wallet address and give you a unique reference code.
► Send a bank transfer to us and include your unique reference code.
► Receive bitcoin to your wallet.

All future payments that include your unique reference code will be converted into bitcoin and sent to your wallet.

Sell bitcoin to Bitcoin Magnet

► Register - we will ask for your bank account details and give you a unique bitcoin address.
► Send bitcoin to your unique bitcoin address.
► Receive GBP via a bank transfer.

All future payments sent to your unique bitcoin address will be converted into GBP and sent to your bank account.

Fees:

  • 5% per transaction. Bitcoin price is taken directly from Bitstamp.net.

Limits:

  • Buying: £5 minimum, £100 maximum.
  • Selling: £5 minimum, £200 maximum (± 10% once converted from BTC).

Timings:

  • Orders are processed several times per day. We do our best to give you the best price from Bitstamp when you submitted your order. Email confirmation will be sent to you within 5 hours, usually much quicker. We are working on an automated system and it should be ready by the end of November.

This service is only available to people with a UK bank account. A receipt is emailed to you after each transaction.

Please try it out and let me know what you think.

Thanks,

John
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