[NEW] BitInstant BETA | Bitcointalksearch.org

Gamah

newbie

Activity: 44

Merit: 0

Quote from: dance4x on June 08, 2013, 08:56:18 AM

Are you sure you will be able to purchase bitcoin with a debit card? I think that may just be for transfers from Mt Gox. Source: https://new.bitinstant.com/howitworks

As a worst case scenario, you could use paypal and use a debit card on paypal (which activates instantly)

dance4x

full member

Activity: 143

Merit: 100

Quote from: Franktank on June 07, 2013, 11:15:58 PM

After playing with it for couple minutes, they have some interesting features set up for BitInstant Beta.

New Features
ACH (linking bank account) [Not working yet]
Debit Card Purchase [Not working yet]
"Instant Debit Transfer" (less than 24 hr ACH) [Not working yet]

Something "Interesting"
While signing up, it appears like they may be pulling credit history info (unconfirmed, don't panic!). I say this because they asked questions like:

1) Which of the following street addresses have you lived at before?
2) Do know any of the following individuals? (family member listed)
3) Have you ever had any of these telephone numbers before?

And so on, more to come...

Are you sure you will be able to purchase bitcoin with a debit card? I think that may just be for transfers from Mt Gox. Source: https://new.bitinstant.com/howitworks

Gamah

newbie

Activity: 44

Merit: 0

Some interesting information.... I was able to get bitcoin to paypal in less than 30 minutes... but my paypal transaction wasn't handled by anything that looked even remotely like bitinstant.

In fact, look here:
https://i.imgur.com/fvKaguo.png

Something fishy is going on... I don't think I'll be using bitinstant until I see more reasoning as to why this place is paying me when I pay bitinstant. Also, I somehow obtained an extra 21 cents (victory!)

http://www.virwox.com/

paypal has a big no-no to exchange type services, which I did not think bitinstant had portrayed itself to be. However since bitinstant is not the company that initiated this paypal transaction I'm not sure if they're liable if I get boned by virwox.

Franktank

hero member

Activity: 560

Merit: 500

Pictures

Franktank

hero member

Activity: 560

Merit: 500

After playing with it for couple minutes, they have some interesting features set up for BitInstant Beta.

New Features
ACH (linking bank account) [Not working yet]
Debit Card Purchase [Not working yet]
"Instant Debit Transfer" (less than 24 hr ACH) [Not working yet]

Something "Interesting"
While signing up, it appears like they may be pulling credit history info (unconfirmed, don't panic!). I say this because they asked questions like:

1) Which of the following street addresses have you lived at before?
2) Do know any of the following individuals? (family member listed)
3) Have you ever had any of these telephone numbers before?

And so on, more to come...

Franktank

hero member

Activity: 560

Merit: 500

Got my invite!! Will try to provide a comprehensive review if possible, stay tuned!!!

Franktank

hero member

Activity: 560

Merit: 500

Quote from: Benson Samuel on May 18, 2013, 10:53:40 PM

Oops, looks like it is 1.5m and not 1.3.

Yeah, saw the dropdown..

If they can honor the prices of MtGox, convenience of Coinbase, the functionality of BIPS.me, and speed (before the crazy price variances and heavy traffic) of old BitInstant, we may have something special on our hands..

Benson Samuel

legendary

Activity: 1890

Merit: 1000

Landscaping Bitcoin for India!

Quote from: Franktank on May 18, 2013, 10:50:44 PM

Quote from: Benson Samuel on May 18, 2013, 10:44:00 PM

They got funded 1.3 mil. Hope they do some expansion outside US as well apart frm RUS.

Article regarding Winklevoss investing the 1.3 million here.

It looks like it. If you click on "Sell Bitcoins" and click the drop down, it does give you a small list of countries.

Oops, looks like it is 1.5m and not 1.3.

Yeah, saw the dropdown..

Franktank

hero member

Activity: 560

Merit: 500

Quote from: Benson Samuel on May 18, 2013, 10:44:00 PM

They got funded 1.3 mil. Hope they do some expansion outside US as well apart frm RUS.

Article regarding Winklevoss investing the 1.3 million here.

It looks like it. If you click on "Sell Bitcoins" and click the drop down, it does give you a small list of countries.

Franktank

hero member

Activity: 560

Merit: 500

With features like ACH, Instant Debit Transfer, and etc., it's getting the best of all worlds. I know that people like the anonymity of cash deposits, bank wires, and money orders but the convenience of direct deposit really does appeal to the "casuals."

Benson Samuel

legendary

Activity: 1890

Merit: 1000

Landscaping Bitcoin for India!

Quote from: Franktank on May 18, 2013, 10:40:13 PM

Have any folks gotten into the new BitInstant Beta? Things are looking promising with the new changes.

The New BitInstant

Seeing as it's in closed beta, would like to hear some thoughts on those that have gotten in.

They got funded 1.3 mil. Hope they do some expansion outside US as well apart frm RUS.

evilscoop

sr. member

Activity: 350

Merit: 250

still no UK
still a worthless site for me

Franktank

hero member

Activity: 560

Merit: 500

Have any folks gotten into the new BitInstant Beta? Things are looking promising with the new changes.

The New BitInstant

Seeing as it's in closed beta, would like to hear some thoughts on those that have gotten in.

Topic: [NEW] BitInstant BETA (Read 1476 times)