Bitcoin Forum

Economy => Service Discussion => Topic started by: MegaFall on April 09, 2015, 10:33:54 PM



Title: BitPay
Post by: MegaFall on April 09, 2015, 10:33:54 PM
Does anybody know if it is possible to transfer funds to and from a bitpay account? Say from bitpay to a cold wallet and then from the cold wallet to bitpay if I needed to withdraw funds to USD? Looking at their site it seems that I can go from bitpay to an address but not the other way.


Title: Re: BitPay
Post by: bitpop on April 09, 2015, 10:38:55 PM
Depositing into your bitpay will get you banned, they're not an exchange


Title: Re: BitPay
Post by: MegaFall on April 09, 2015, 10:40:50 PM
Depositing into your bitpay will get you banned, they're not an exchange

Coinbase it is then.

Don't see why BitPay can't they clearly already have an MSB license to be doing the conversion from BTC to USD anyway.


Title: Re: BitPay
Post by: bitpop on April 09, 2015, 11:04:44 PM
Depositing into your bitpay will get you banned, they're not an exchange

Coinbase it is then.

Don't see why BitPay can't they clearly already have an MSB license to be doing the conversion from BTC to USD anyway.

They're possibly doing no fees to help adoption, exchanging adds more work.