Bitcoin Forum

Economy => Service Discussion => Topic started by: Hollingsworth on June 17, 2015, 06:18:28 AM



Title: Anyone use Circle BTC USD exchange?
Post by: Hollingsworth on June 17, 2015, 06:18:28 AM
Hey folks,
I was wondering what your thoughts are on using Circle to buy btc and sell btc back to USD, via a bank account.

They indicate the do not charge a fee to do this? And their btc/usd exchange rate seems fair.

Sounds almost too good to be true, wondering if I'm missing something...

Thanks for your insights,
H.


Title: Re: Anyone use Circle BTC USD exchange?
Post by: xetsr on June 17, 2015, 06:23:25 AM
I've been using them the past few weeks without any issues. $100 instant release with the rest taking 3 business days when transferring from the bank.

Like most exchanges, they do require identity verification. If you're not from the US or can't verify info then you probably shouldn't bother.


Title: Re: Anyone use Circle BTC USD exchange?
Post by: Amph on June 17, 2015, 07:06:18 AM
I've been using them the past few weeks without any issues. $100 instant release with the rest taking 3 business days when transferring from the bank.

Like most exchanges, they do require identity verification. If you're not from the US or can't verify info then you probably shouldn't bother.

this is strange, because even if you're not from usa, they allow you to continue and to add a bank account, or a debit card to your circle account, despite the message that say that for non USA, they are still working on such thing



Title: Re: Anyone use Circle BTC USD exchange?
Post by: BetterBets.io on June 17, 2015, 02:02:01 PM
I've been using them the past few weeks without any issues. $100 instant release with the rest taking 3 business days when transferring from the bank.

Like most exchanges, they do require identity verification. If you're not from the US or can't verify info then you probably shouldn't bother.

this is strange, because even if you're not from usa, they allow you to continue and to add a bank account, or a debit card to your circle account, despite the message that say that for non USA, they are still working on such thing



They do have a presence in both Ireland and the UK I think I read they accept other countries but are waiting to announce this officially until they have a certain amount to be considered 'global'.
Goldman Sachs just gave them a huge investment so probably soon.


Title: Re: Anyone use Circle BTC USD exchange?
Post by: WhatTheGox on June 17, 2015, 04:02:26 PM
Hey folks,
I was wondering what your thoughts are on using Circle to buy btc and sell btc back to USD, via a bank account.

They indicate the do not charge a fee to do this? And their btc/usd exchange rate seems fair.

Sounds almost too good to be true, wondering if I'm missing something...

Thanks for your insights,
H.

Their rates probably are good and there probably is no fee.  What they must do is make a profit on the trades back and forth based on how many orders they get by their probably quite large customer base.  Seems alright to me.  If they say there is no fee then there is no fee.


Title: Re: Anyone use Circle BTC USD exchange?
Post by: Valanor on June 17, 2015, 04:57:22 PM

this is strange, because even if you're not from usa, they allow you to continue and to add a bank account, or a debit card to your circle account, despite the message that say that for non USA, they are still working on such thing



Im not sure for it , they not support for ASIA region, are you have try this service ?
My country is not listed on that service


Title: Re: Anyone use Circle BTC USD exchange?
Post by: subSTRATA on June 17, 2015, 05:01:53 PM
circle is much better than coinbase imo, coinbase charges 1% on BTC --> fiat sell orders whereas circle has no percent fee. circle also isnt limited to just the USA either.