newbie from US, confused how to buy bitcoins - page 2.

drudgeboat

newbie

Activity: 25

Merit: 0

Quote from: Raoul Duke on June 10, 2012, 01:26:17 PM

Those instructions are pretty clear to me.
Especially Step 2:

Quote

Step 2

You will be given a "deposit slip" with info on it. Print this out, and take it to the location.

Take your deposit slip and go to the cash deposit location you selected. Follow the deposit instructions on the slip; they will tell you what to do (and who to speak with) at the deposit location (Walmart, bank branch, 7-Eleven, etc)

Have you tryed to follow the steps? It says they'll give you more instructions as per the part that I bolded above.

Also, there is a Live Help assistant at their website.
https://www.bitinstant.com/contact

Haha I'm sorry friend, maybe I'm just stupid :p but I'm having a hard time figuring all this out. I have not actually gotten that far yet, because the banks they list are not in my area, and there are no Walmarts or 7-Elevens for at least a 40 minute drive (I live in a rural area).

I guess I really just have 2 questions I can't find the answer for;

1) Under the "Cash Deposit" option for BitInstant, there is an "Other Locations" option. What are the possible other locations?
2) When I select "Cash Deposit" and "BitCoin to Email" on BitInstant, I need to input 3 things; Destination Account, Amount in USD, and "Email Address / Mobile Phone Number". I understand the 1st is the email you're sending the money to, the 2nd is how much (duh), however what is the 3rd input for? Can it be the same email address as the destination address? Confused as to what that is for.

Thanks for your help everyone

Sorry I am such a noob but I am trying to learn.

Cheers

djred

newbie

Activity: 8

Merit: 0

you can always use http://mtgox.com

that is what i use to buy and sell my bitcoins.

Raoul Duke

legendary

Activity: 1358

Merit: 1002

Those instructions are pretty clear to me.
Especially Step 2:

Quote

Step 2

You will be given a "deposit slip" with info on it. Print this out, and take it to the location.

Take your deposit slip and go to the cash deposit location you selected. Follow the deposit instructions on the slip; they will tell you what to do (and who to speak with) at the deposit location (Walmart, bank branch, 7-Eleven, etc)

Have you tryed to follow the steps? It says they'll give you more instructions as per the part that I bolded above. Max that can happen is that you won't deposit if there is a mistake or you can't go to your chosen location and it will become invalid Wink

Also, there is a Live Help assistant at their website.
https://www.bitinstant.com/contact
You can't get better than that.

Kazimir

legendary

Activity: 1176

Merit: 1011

Quote from: drudgeboat on June 10, 2012, 01:12:13 PM

How do I use Intersango? Does it need to be connected to my bank account? What is the process of paying like? (sorry, I am new to all of this).

Just like any other bitcoin exchange I know:

1. Open an account (just register with your email address or something, some exchanges may require you to provide more info than others, intersango.com happens to require only an email address).

2. Deposit money to them by doing a wire transfer. Your account will contain detailed instructions how to go about this. In case of intersango.com they have a generic bank account number, that I have to wire the money to, making sure to include a reference number in the payment description so they can tie my payment to my intersango account.

3. Once the euros or dollars appear on your account's balance (this can take a few days, due to fucking banks deliberately delaying transactions, meanwhile gobbling up interest on your money), you can place orders to buy bitcoins.

4. Once the order comes through (i.e. if anybody decides to sell their bitcoins for the price I'm offering, just common trading market practice) you get bitcoins on your balance, which you can then withdraw to my own bitcoin address.

5. Finally, your money is now free from banks and governments woth their monopoly and control and hidden agendas and crap!

You may also get in touch with intersango.com's support, so far they've been very helpful to me.

drudgeboat

newbie

Activity: 25

Merit: 0

Quote from: Raoul Duke on June 10, 2012, 01:15:06 PM

Quote from: drudgeboat on June 10, 2012, 01:13:16 PM

Quote from: Raoul Duke on June 10, 2012, 01:10:37 PM

I think you can buy Bitinstant credit at WallMart or some similar shops.
Just look at the drop down on the bitintsnt website.

Walmart is listed under the "Cash Deposit" option, but I'm not sure what this entails. How do I deposit cash at a Walmart? Has anyone here had any first-hand experience with using bitInstant?

Thanks!

Everything you need to know is at Bitinstant's website https://www.bitinstant.com/howitworks/cash
I also didn't knew and it took me 30 seconds to find out.

Right, I've read through that multiple times. It doesn't answer my questions, which is why I posted here.

How does one deposit money at a Walmart or 7-Eleven? I've never heard of that being done. It always says you can deposit at "bank branches", but what banks? Could I make the deposit from my local bank, or does it need to be Bank of America/the other big chain banks? BitInstant also lists "other locations" as a deposit option, but states nowhere what these "other locations" are.

I just want an easy way to purchase bitcoins... Preferably without having to jump through a bunch of hoops and go to the bank..?

Raoul Duke

legendary

Activity: 1358

Merit: 1002

Quote from: drudgeboat on June 10, 2012, 01:13:16 PM

Quote from: Raoul Duke on June 10, 2012, 01:10:37 PM

I think you can buy Bitinstant credit at WallMart or some similar shops.
Just look at the drop down on the bitintsnt website.

Walmart is listed under the "Cash Deposit" option, but I'm not sure what this entails. How do I deposit cash at a Walmart? Has anyone here had any first-hand experience with using bitInstant?

Thanks!

Everything you need to know is at Bitinstant's website https://www.bitinstant.com/howitworks/cash
I also didn't knew and it took me 30 seconds to find out.

drudgeboat

newbie

Activity: 25

Merit: 0

Quote from: Raoul Duke on June 10, 2012, 01:10:37 PM

I think you can buy Bitinstant credit at WallMart or some similar shops.
Just look at the drop down on the bitintsnt website.

Walmart is listed under the "Cash Deposit" option, but I'm not sure what this entails. How do I deposit cash at a Walmart? Has anyone here had any first-hand experience with using bitInstant?

Thanks!

drudgeboat

newbie

Activity: 25

Merit: 0

Quote from: Kazimir on June 10, 2012, 01:07:10 PM

Personally I can recommend intersango.com (an exchange to buy & sell bitcoins for USD / EUR / etc). As far as I know they also support U.S. customers.

By the way, I don't live in the U.S. myself, exactly what is the deal with all those US bank chains? Do you people in the USofA have normal internet banking, i.e. can you simply wire transfer money from your bank account to any other regular bank account in the world? (it's the de facto standard way of doing payments here in Europe)

Thanks for the reply!

How do I use Intersango? Does it need to be connected to my bank account? What is the process of paying like? (sorry, I am new to all of this).

There are major bank chains here in the US like Bank of America and Citi Bank, and then smaller regional banks. I believe we can do wire transfers as you described but honestly I am not too familiar with this kind of thing, I just got very curious and decided to look into it.

Raoul Duke

legendary

Activity: 1358

Merit: 1002

I think you can buy Bitinstant credit at WallMart or some similar shops.
Just look at the drop down on the bitintsnt website.

vssa

full member

Activity: 207

Merit: 100

try this site http://www.btcwallet.org/
a lot of info about how to buy bitcoins

Kazimir

legendary

Activity: 1176

Merit: 1011

Personally I can recommend intersango.com (an exchange to buy & sell bitcoins for USD / EUR / etc). As far as I know they also support U.S. customers.

By the way, I don't live in the U.S. myself, exactly what is the deal with all those US bank chains? Do you people in the USofA have normal internet banking, i.e. can you simply wire transfer money from your bank account to any other regular bank account in the world? (it's the de facto standard way of doing payments here in Europe)

drudgeboat

newbie

Activity: 25

Merit: 0

Hi!
I am curious about this whole bitcoin thing and am interested in purchasing a few bitcoins. I am a complete newbie, however, and I have not found any clear guides or tutorials for how to do this.

I would like to use bitinstant to send bitcoins to my email.

Most seem to mention bank deposits; the only banks which BitInstant lists (Citi, Bank of America, other big-name chain banks) are not available in my area; we only have smaller state banks.

How can I use BitInstant to purchase my bitcoins? I do have a bank account and debit card however they both belong to smaller local banks, not big chain banks.

EDIT: I have a new question; is there a safe/secure way for me to obtain bitcoins in the US, entirely on-line? Without having to go in to any stores or banks to do in-person deposists? ALSO, how do I buy bitcoins with moneyPak? I keep hearing that but I'm not sure how to do it.

Any help / suggestions / tips are MUCH appreciated!

Topic: newbie from US, confused how to buy bitcoins - page 2. (Read 2842 times)