Topic: [OFFICIAL ANNOUNCEMENT THREAD] TRUCOIN - BUY BITCOIN INSTANTLY (Read 2870 times)

Yes because it's instant and Trucoin processes CC purchases as a straight transaction, whereas Circle was processing as cash advances

Great site, I will be sharing this site in the future to people who ask, "Where can I buy some Bitcoin?"

Worked awesome for me, I don't mind the extra 1 or 2% in fees to not have to wait a week to buy.

The Einsteinium News is a good news crytpocurrency publication, all stories are self-written, each author is writing about his coin, her company, their product, her service, and/or himself; some are pros most are not, all have a message to share with the larger community.

We want The Einsteinium News to be the place where products and services go to make a good first impression.  100% FUD-free so you can enjoy the informative cryptocurrency (CC) articles as well as the great giveaways, and sweet shopping items.

Currently all content is published FREE not just the news and information but also the ads, and shopping page listings.  In time, many will have rates associated with them.  When that time comes we will accept all exchange listed CCs.  Individual sellers on the Shopping page may specify CC preferences (we automatically escrow all funds).

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If the first level of CC development is coin and community creation, involving software creation for the coin and organizing to form a community, and if the second level is getting major CC exposure with placement on a prominent exchange, then the third level would be utility -- a CC graduates from a commodity to a currency with utility.   Our publication will help you where we can every step of the way.

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There is a small markup over the spot price and the processing fee.

Trucoin has mentioned as they start to grow and have more volume, they would like to put pressure on their processors to lower the cost. Bitcoin is deemed risky by payment processors because of fraud and because of that it's still an unknown to them, hence the higher fees.

You can't get instant anywhere else that doesn't include some hidden fees (circle)
You also can't get limits that high instantly there either..

When working with visa or MasterCard unfortunately there is no way around interchange fees.

I'm looking forward to seeing how this turns out.  The more the better  Circle , Trucoin etc,. etc., .....

Hmm, looks decent, but is it better than Circle?

Unfortunately looks like it costs about 9%...

~3% worse exchange rate than coinbase plus a 6% processing fee.  It would also be nice if they showed fees somewhere before the whole registration process.

supporting
looking forward to the roll out to the rest of 'Merica

+1, easy to use and very nearly instant to get bitcoins.

reserved for updates

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The Facts:

Year Founded: 2011
Founders: Chris Brunner & Brent James
Location: Atlanta, GA USA

Service: Buy Bitcoin using CC
Industry: Bitcoin exchange/purchase
Competitors: Circle, Coinbase,

Value Proposition:
- Buy Bitcoin with your credit card
- Instant Bitcoin transfer
- Legal and Compliant method to buy Bitcoin
- No complex verification process
- $500 Daily Limits

Advantage: Compliance first - they got licensing before they operated in the US and they're rolling out to 32 states and counting
Where:  Trucoin USA, Inc. of Georgia is an authorized delegate of CoinX, Inc. in AL, AR, CT, DC, FL, GA, ID, KY, ME, MI, MN, MS, NE, NJ, ND, OR, RI, SD and WY. Service also available in AZ, KS, MT, NM, MA, TX, SC and WV. (to be updated as they expand to more states)


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Reddit: http://www.reddit.com/r/TRUCOIN
Twitter: https://twitter.com/trucoin
Linkedin: https://www.linkedin.com/company/trucoin



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Notable media mentions:

Yahoo Finance: Trucoin Opens to Thousands on its Waitlist in Over Two Dozen States
http://finance.yahoo.com/news/trucoin-opens-thousands-waitlist-over-130000752.html

CoinDesk: Trucoin Opens MasterCard, Visa Bitcoin Buying Services in US
http://www.coindesk.com/trucoin-opens-mastercard-visa-bitcoin-buying/

Technews: Bitcoin News: Trucoin Brings Bitcoin Buying Service to 32 US States
http://www.technews.org/bitcoin-news-trucoin-brings-bitcoin-buying-service-to-32-us-states/2918575/

PYMTS: Trucoin will expand its bitcoin buying service to 32 US states in the next few weeks.
http://www.pymnts.com/in-depth/2014/bitcoin-tracker-week-47-bitcoin-haunted-by-the-ghost-of-falling-prices/

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