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Topic: How some services offer Bitcoin against credit card ? - page 2. (Read 2430 times)

sr. member
Activity: 462
Merit: 250
Well indeed im in fact have seen even an Ad here in the forum saying they accept credit card to sell bitcoins.. i dotn know how but they woulndt do that if they are not secure.

If u have seen it in the forum, then it is most likely a scam and they'll ask u to pat first. Pay first CC payment can be only be done to highly reliable merchants.

The site is indacoin, https://indacoin.com/change , it seems fishy but maybe someone already tried it.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
Well indeed im in fact have seen even an Ad here in the forum saying they accept credit card to sell bitcoins.. i dotn know how but they woulndt do that if they are not secure.

If u have seen it in the forum, then it is most likely a scam and they'll ask u to pat first. Pay first CC payment can be only be done to highly reliable merchants.
sr. member
Activity: 462
Merit: 250
Well indeed im in fact have seen even an Ad here in the forum saying they accept credit card to sell bitcoins.. i dotn know how but they woulndt do that if they are not secure.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
I figure most would go the Virwox route -- high fees and low limits, in order to mitigate the risk of chargebacks. I wonder how well that model works.
member
Activity: 70
Merit: 10
Can you give a couple examples so we can take a look at who is doing this (and then maybe speculate as to how they are mitigating risk)?

https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_Card
You can find several ways to buy bitcoin with CC.
Some of the sites (such as Bittylicious) require ID verification, and some (like Virwox) have a low trade limit and high fees.

How fast is this happening ?
hero member
Activity: 569
Merit: 500
Can you give a couple examples so we can take a look at who is doing this (and then maybe speculate as to how they are mitigating risk)?

https://en.bitcoin.it/wiki/How_To_Buy_Bitcoins_With_Your_Credit_Card
You can find several ways to buy bitcoin with CC.
Some of the sites (such as Bittylicious) require ID verification, and some (like Virwox) have a low trade limit and high fees.
sr. member
Activity: 294
Merit: 250

Can you give a couple examples so we can take a look at who is doing this (and then maybe speculate as to how they are mitigating risk)?

legendary
Activity: 2394
Merit: 1216
The revolution will be digital
I found some services offer Bitcoin against Credit Card. How do they mitigate the risk of chargeback ? Any idea ?
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