Month: February 2015

Buying Bitcoins with Cash, Western Union – How-to Guide

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Bying Bitcoins with Cash

Bitcoins are the digital currency of the 21st century. They were introduced in 2009 as open source software. With the ease of internet hacking today, the pseudonymous developer Satoshi Nakamoto programmed the system with cryptography to control transfer and creation of the money. Using “peer-to-peer” technology, the currency is not controlled by banks or authoritative government allowing easier transfer of funds. Your bitcoin money is held in an online wallet, allowing ease of access to your funds.
“Bitcoin Mining,” is a way to earn bitcoins. When you mine, you solve complicated math algorithms with special software that rewards you with bitcoins when completed. Many miners use multiple “rigs,” or computer setups running the special software to earn more funds. Pools are a community of miners working together that spread any funds earned out evenly. They’re a great place for a beginning miner to start his or her Bitcoin career.

The major problem with this new sprawling currency is without a solid backing as of February 13, 2014, the value of each coin fluctuates insanely. This provides uncertainty within value of the funds, and may scare away more cautious people.

Buying Bitcoins with Cash

Though the currency is digital in nature, there are many ways to purchase the coins. Even the most-used form of money, cold cash, can be used to buy bitcoins. Buying bitcoins with cash? Many shops and businesses carry gift cards, which can be bought with cash. You simply pick out the amount in bitcoins you want, and pay for it at the register.

Then, you have to deposit a code from the card onto the website and soon your funds will appear. Buying bitcoins with cash provides a better certainty to the actual value of the product. Many websites have special options allowing you to buy and transfer bitcoins at your local bank and with wire transfers. The variety of ways to easily buy bitcoins with cash makes the foundation seem much stronger.

Local Bitcoins Exchange Marketplace

There is a local bitcoin marketplace that connects buyers and sellers of bitcoins locally. It’s kind of like Craigslist but provide more security. The site will automatically identify your location using your ISP IP address and displays bitcoin buyers and sellers near you. Visit http://www.Goldxcash.net to get started!

Buying bitcoins with Western Union

If you want to buy bitcoins with western union, there is a way available. Online transfer is another great way of buying bitcoins with cold-hard cash. Western Union is an ecommerce and Communications Company that allows bitcoins to be bought and sent.

They accept bitcoins as a viable form of currency, allowing wire transfers between cash and Bitcoin to occur. Buying bitcoins with Western Union is simple, though it would be wise to be familiar with bitcoin marketplaces first. When selecting a payment option, Western Union should be available on most mainstream marketplaces to buy funds for your Bitcoin wallet. You can now spend your newly cash-bought bitcoins with Western Union.

http://www.Goldxcash.net

Buy bitcoin with credit card

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How to buy and sell bitcoins with credit cardHave a credit card or debit card and want to buy/sell bitcoin (btc), litecoin (ltc) or other cryptocurrency and digital money? There is nothing simpler if you use our service!

How it started
Credit cards as a payment method have a long history. The concept of using a card for purchases was described in 1887. It was a story from utopian novel, however. The fantasies became real in 1958 when Bank of America launched the BankAmericard in California. BankAmericard became the first successful recognizably modern credit card and with its overseas affiliates eventually evolved into the Visa system. In 1966 the ancestor of MasterCard was born when a group of banks established Master Charge to compete with BankAmericard. The same year Barclaycard in the UK launched the first credit card outside USA.

Today world top card providers are Visa, MasterCard, Maestro, American Express and UnionPay. Now millions of people around the world use credit cards every day. Using a credit card the person can buy almost everything and pay for various services, from mobile recharge online to games.

Credit card benefits
Credit card offers such options as cash advance and overdraft. A cash advance is a short-term currency loan provided by most credit card issuers. The service allows cardholders to withdraw cash up to the credit limit (or some percentage of it). The maximum amount that can be borrowed and the frequency of the allowed advances vary depending on the terms and conditions of the credit card.

Overdraft is a loan arrangement under which a credit card provider extends credit up to a maximum amount (called overdraft limit) against which a customer can make withdrawals. It’s a type of revolving loan where credits are available for re-borrowing, and interest is charged only on the daily overdraft balance.

So, the main benefit of credit card to each customer is convenience. Compared to debit cards and checks, a credit card allows small short-term loans to be instantly made to a customer who need not calculate a balance remaining before every transaction, provided the total charges do not exceed the maximum credit line for the card.

Many credit cards offer rewards and benefits packages, such as enhanced product warranties at no cost, free loss/damage coverage on new purchases, various insurance protections. Credit cards can also offer reward points which may be redeemed for cash, products, or airline tickets.

Why do people choose our service?
The advantages of this way of funding are instant transactions and the opportunity to buy Bitcoins on credit. However, it’s obvious that because of the high risk of accepting credit cards as a payment method for btc/ltc, the customer has to complete the thorough verification in this case. The first payments might be hold for a while, initial limits might be rather strict. The fee for this payment method is little bigger comparing to others (because of the high cost of the payment processing).

As for withdrawal, despite it takes some time and not instant (funding process takes 1-3 business days), great advantage of our service is the possibility to withdraw Bitcoin to any credit/debit card Visa or Mastercard, which are available anywhere in the world. www.Goldxcash.net makes possible to pay your credits, utility bills, make internet shopping etc using Bitcoin! All you need is withdrawal Bitcoin to your credit card. Risks of these transactions are much less then for funding Bitcoin using Credit card, so verification will be much simplier.

Your security is our priority. We don’t keep any credit cards details of our customers on our servers. Moreover, we even don’t see them. All transactions are done using the credit card payment processing which complies with strictest security standards is controlled by Visa and MasterCard. Also, we completed the PCI compliance certification: our site http://www.Goldxcash.net has been tested by the independent specialists (auditors) and they conclude that it matches all the security requirements for online financial services. That’s why it’s completely safe to fund your e-currency account with credit card and make withdrawal to credit card with us! The customer has nothing to worry about. The process of e-currency purchasing is very easy and accompanied by detailed instructions about every step. Please read our complete guides “How can I buy bitcoins with credit card” and “How to sell bitcoins using credit card?” for more information.

Generally, credit card is convenient for the small btc purchases mostly. In you need to purchase medium or big amounts of virtual currency, it will be cheaper to use a bank wire (although it will take much more time). Other alternative payment methods are also available for our clients, please check the whole list before making decision. As for selling, it’s very convenient to sell bigger amount of Bitcoins and other virtual currencies, at www.Goldxcash.net we offer to send up to 5000 usd per day to each of your credit card.

We offer fast, secure, licensed service with 24/7 online, multi-language support. We accept Visa, Visa Electron, MasterCard and Maestro credit and debit cards (including prepaid cards). If you wish to buy bitcoins with credit card instantly or make a withdrawal to your credit card www.Goldxcash.net is all you need!