14 February 2014

Acquiring Bitcoins

1.Coinbase



Coinbase is not just a place to buy and sell Bitcoins, but you can also use them as an online wallet - or, if you own a company you can use their tools to accept Bitcoin payments.


+ Android app available

+ All-in-one solution for acquiring, using and accepting Bitcoin

- U.S. bank accounts only

- Credit card (Visa) required if you want to buy or sell more than $3,000 per day




2.CampBX



CampBX is a Bitcoin trading platform without merchant tools, but advanced trading options (Margin trading, Stop-Loss orders, etc.).



+ Advanced trading options

- Only allows money orders from USPS, MoneyGram and WesternUnion at the moment.



3.VirWoX



VirWoX is not a typical Bitcoin exchange - it started in 2007 as an exchange for Second Life Lindens - in 2011 they added Bitcoin, but you need to buy Second Life Lindens first and then you can use them to buy Bitcoins.



+ 7 years of experience in online currency trading

+ Many payment options available (PayPal, Credit Card / Debit Card, Neteller, Ukash, Paysafecard and others)

- High fees due to the risk of some payment options



4.LocalBitcoins



LocalBitcoins is not a Bitcoin exchange, but an escrow service with an integrated rating system for your trades with other people.



+ You could make some new friends there, if there’s a listing in your area.

+ People are willing to accept many different types of payments.

- It’s not the place for everyone as it requires you to find honest trading partners on your own.

- It might take a while to find someone who is willing to trade with you.


I’ve personally used all these services and they all support Two-Factor-Authentication with Google Authenticator.


February 02, 2014 at 02:56PM