I'm not sure why more people in the US don't use this, it seems like a no-brainer to me!
Not to knock Charlie, but buying $100 worth of bitcoins using BitInstant would invole 3, possibly 4 middle men
Bank Deposit middlemen
Trust Cash
Bit Instant
Coinapult
Other locations middlemen
ZipZap
Moneygram
Bit Instant
Coinapult
with total fees ranging from 7-8% on a $100 cash purchase. BitFloor has a 0.1% rebate on a $100 cash purchase. Am I missing something here?
Topic: Get PAID to buy bitcoins with cash (USA) - page 3. (Read 8389 times)
With Bitfloor's cash deposits, you can deposit cash with any Chase bank branch, for zero fees, and have the money in your exchange account within about 15 minutes.
In addition to cash deposit, USD funds can be added using ING Person-to-person and bank transfer as well (SWIFT).
- http://en.bitcoin.it/wiki/Bitfloor
Here's the link describing the fees:
- https://bitfloor.com/docs/#trading-fees
With Bitfloor's cash deposits, you can deposit cash with any Chase bank branch, for zero fees, and have the money in your exchange account within about 15 minutes.
You can buy bitcoins from an order already on the sell book and pay a 0.4% commission
OR
you can place a limit buy order that gets added to the order book. When a seller hits it, you earn a 0.1% rebate.
What? I get paid to buy bitcoins? yes, that's really how it works
https://bitfloor.com
I wish all of the exchanges would add this liquidity pricing model. It encourages buyers and sellers to add orders to the order book, creating a more liquid exchange.
You can buy bitcoins from an order already on the sell book and pay a 0.4% commission
OR
you can place a limit buy order that gets added to the order book. When a seller hits it, you earn a 0.1% rebate.
What? I get paid to buy bitcoins? yes, that's really how it works
https://bitfloor.com
I wish all of the exchanges would add this liquidity pricing model. It encourages buyers and sellers to add orders to the order book, creating a more liquid exchange.
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