Topic: Circle.com - Anyone out there using it? What are your experiences so far? (Read 14655 times)
December 16, 2014, 08:17:52 PM
I have started using it for small amounts, just for an additional option outside of coinbase for quick btc purchases. I have been unable to help myself lately since the prices have hung so low...
December 06, 2014, 12:16:51 AM
Circle works fine for me.
December 06, 2014, 12:16:14 AM
Circle is excellent. Gone are the days when the only way to buy Bitcoin with a credit card was to pay 5 times the price on eBay or some shady website.
My ONLY complaint so far is that the exchange rate they use is high, but then again that helps when selling Bitcoin, it's just that I tend to buy more than I sell which forces me to use Coinbase for that side of the transaction.
My ONLY complaint so far is that the exchange rate they use is high, but then again that helps when selling Bitcoin, it's just that I tend to buy more than I sell which forces me to use Coinbase for that side of the transaction.
October 19, 2014, 07:28:21 PM
When I log in I just get a message that says a further review is needed and that they will contact me. After a few days where nothing happened I sent an email asking what the heck, still no answer.
Seriously bad start. Too bad, the concept was perfect.
Got a reply from them 4 days ago (not my main mail, stopped checking daily after the first few weeks). They asked about my IP (nothing specific, just "tell us about your ip address". The next day they sent another mail that simply said "suspended". Just mailed them back, said I use a VPN and to not be so impatient. Let's see how long it takes this time.Seriously bad start. Too bad, the concept was perfect.
October 19, 2014, 05:17:56 AM
When I log in I just get a message that says a further review is needed and that they will contact me. After a few days where nothing happened I sent an email asking what the heck, still no answer.
Seriously bad start. Too bad, the concept was perfect.
Got a reply from them 4 days ago (not my main mail, stopped checking daily after the first few weeks). They asked about my IP (nothing specific, just "tell us about your ip address". The next day they sent another mail that simply said "suspended". Just mailed them back, said I use a VPN and to not be so impatient. Let's see how long it takes this time. Seriously bad start. Too bad, the concept was perfect.
October 19, 2014, 04:48:10 AM
I've been using Circle to buy BTC the past couple weeks and it has been going great. Being able to use my credit and debit card to instantly buy BTC is super convenient. The fees are not as ridiculous as I thought it would be, definitely cheaper than me wiring money to Bitstamp to buy through those means. My only gripe with it is the relatively low weekly starting limit of $500 USD.
Did using your credit card make the purchase a cash advance or post as a purchase? I don't want to pay interest fees and have been having issues with my debit card lately (new one on the way). 
October 19, 2014, 12:25:03 AM
I've been using Circle to buy BTC the past couple weeks and it has been going great. Being able to use my credit and debit card to instantly buy BTC is super convenient. The fees are not as ridiculous as I thought it would be, definitely cheaper than me wiring money to Bitstamp to buy through those means. My only gripe with it is the relatively low weekly starting limit of $500 USD.
well said
Circle is a great service
October 18, 2014, 04:29:20 PM
I've been using Circle to buy BTC the past couple weeks and it has been going great. Being able to use my credit and debit card to instantly buy BTC is super convenient. The fees are not as ridiculous as I thought it would be, definitely cheaper than me wiring money to Bitstamp to buy through those means. My only gripe with it is the relatively low weekly starting limit of $500 USD.
October 18, 2014, 04:27:27 PM
Looks like its for US customers only 
Some Australians at least are having success with linking Visa *debit* cards (but I could not link my Mastercard *debit* card).
Too risky to link my cards with this kind of stuff.
What are you worried about? You are covered on the credit card side by their consumer protection anyways.
October 16, 2014, 05:17:22 AM
Looks like its for US customers only
Some Australians at least are having success with linking Visa *debit* cards (but I could not link my Mastercard *debit* card).
Too risky to link my cards with this kind of stuff.
October 16, 2014, 04:05:54 AM
Looks like its for US customers only
Some Australians at least are having success with linking Visa *debit* cards (but I could not link my Mastercard *debit* card).
October 16, 2014, 02:28:54 AM
I just bought some BTC from circle, and they've now integrated the 1% fee. It just shows final price rather than a separate fee line. Initially they did exchanges at bitstamp rate, but now they have the same pricing as coinbase. No real price advantage between circle vs coinbase anymore.
October 13, 2014, 05:08:40 AM
Looks like its for US customers only
Some Australians at least are having success with linking Visa *debit* cards (but I could not link my Mastercard *debit* card).
October 13, 2014, 04:48:54 AM
Looks like its for US customers only
October 13, 2014, 01:55:52 AM
However the other problem still stands: once 2FA is activated, you can't change the code or delete it. If I want to redo with a different key, that's not possible. To me, this is considered a flaw.
You can click on "lost device" (you'll then have the two questions to answer that you had set up) then you should be able to set it up you 2FA again.
I agree it is annoying that they don't at least have an option to "see the 2FA key code" in text form as well as in QR code form (my *device* doesn't have a QR code reader so I had to use zbar to get the text).
October 13, 2014, 01:46:03 AM
The 2FA has problems in that you cannot remove it after enabled, and you also don't get the secrete key to back up. I always back up all 2FA keys in case my phone gets damaged or lost. But with Circle's 2FA with google authenticator, you're fuked if something happens to your phone.
Huh? The QR code is "what you back up" (you can extract the *code* from that using something like "zbar") but of course if you didn't take a screen snapshot of it (like I did as I *tend to always expect the worse*) then I can see why you might have a problem.
Dammit I think you're right. The backup was the initial QR code that I already scanned with my phone, but now can't retrieve it anymore. I have about a dozen google 2FA on my phone, and every single one initially wrote out the code in plain text so I can copy it somewhere safe.
However the other problem still stands: once 2FA is activated, you can't change the code or delete it. If I want to redo with a different key, that's not possible. To me, this is considered a flaw.
October 12, 2014, 05:41:38 AM
The 2FA has problems in that you cannot remove it after enabled, and you also don't get the secrete key to back up. I always back up all 2FA keys in case my phone gets damaged or lost. But with Circle's 2FA with google authenticator, you're fuked if something happens to your phone.
Huh? The QR code is "what you back up" (you can extract the *code* from that using something like "zbar") but of course if you didn't take a screen snapshot of it (like I did as I *tend to always expect the worse*) then I can see why you might have a problem.
BTW - finally they stopped sending me SMS messages (must have received nearly a thousand of them).
October 12, 2014, 05:16:39 AM
The 2FA has problems in that you cannot remove it after enabled, and you also don't get the secrete key to back up. I always back up all 2FA keys in case my phone gets damaged or lost. But with Circle's 2FA with google authenticator, you're fuked if something happens to your phone.
October 11, 2014, 05:18:10 PM
I'm in Canada and I've been able to get it going with my CapitalOne MC. I got a pre-loaded visa from the post office just to try it out, but it didn't work with that.
I'll wait for my statement to see how much MasterCard charged me, but I don't think I'll be using it until they hook up bank accounts for non-US customers.
I'll wait for my statement to see how much MasterCard charged me, but I don't think I'll be using it until they hook up bank accounts for non-US customers.
October 08, 2014, 09:35:15 AM
Jeff Garzik @jgarzik 2m2 minutes ago
Impressed with @circlebits so far. Added CC, charged $325, immediately withdrew 0.999 BTC to #Bitcoin Qt. Quick & easy though not fee-free.
Impressed with @circlebits so far. Added CC, charged $325, immediately withdrew 0.999 BTC to #Bitcoin Qt. Quick & easy though not fee-free.
He is lucky - I am *still receiving SMS messages even after I changed to using Authenticator this morning (one SMS about every hour now for 48 hours).
I can't get my Mastercard debit card to work (complains that the billing address is wrong despite the fact I've entered it *exactly* as my bank shows it) but that might be because my account is from Australia.
Jump to: