Bitcoin Forum

Deleted.

We are available on live chat should you have any questions.

gain some feedback.. then post this. Admin mite delete it just an FYI

We are a registered US business with all of our information on the table. You have the same type of legal recourse against us as any other retailer. Trust should not be an issue.

I just opened an account at coinrnr and sold $200 (min required) worth of my bitcoins for ACH withdrawal. I will report to bitcointalkers how it went in 3 business days.

Hi James,

I just went ahead and processed this order. It will officially go out on Monday and is expected 1/30/14. You should have received an email as confirmation. Thanks for trying us out!

you guys gonna fix these spreads? $60 bid/ask spread is a little ridiculous

Hi 5thStreetResearch, we apologize but we are not able to change our prices at this time. We are not an exchange as all orders are completed personally by our business. Our service is not meant to be used as a trading platform and our costs of doing business are much higher than theirs as we need to source coins or funds independently for each order.

Mazin,

Thank you very much! I just checked my bank account and it's showing a deposit of $193.20. It did take 3 business days for the funds to transfer. Selling my coins to you was the easy part; waiting for the bank to process the transfer was the hard part.

I will be sending more coins your way for sales.

James

CoinRnR delivered for me. I sold $200 worth of my bitcoins and received my money in 3 business days as promised.

Coinx did NOT. My funds are still "Pending" for over a week now. AVOID!
Campbx used to, but it's having problems now. My funds are in limbo. AVOID!
CoinMkt: I am not sure since I only sold less than $10 of my bitcoins there and I am prevented to transfer it due to "too little amount" or something like that.

Glad to hear everything worked correctly James! Thanks for the feedback :)

Anyone tried them? I'm a bit skeptical...

We have some feedback here: https://bitcointalk.org/index.php?topic=426037.0;all

As well as on Facebook and Twitter. We'll also be adding a testimonials page soon.

Their prices are deceptive and not true. It says buy price of $645 and sell price of $615. These are already higher (for buying) and lower (for selling) than on bitstamp and coinbase. These prices are fine and all UNTIL you realize that they take another 2% fee after this.

Thus, their prices are misleading and I will not be using this company as such. Show your TRUE prices on homepage as what really they are, don't have that hidden 2% fee bullshit which you don't see until the final confirmation page.

Our fees are not hidden (they are very clear on both the order forms and in our Terms of Service). It doesn't make any sense for us to display our cash deposit processing fee on the index as we will very shortly be adding new payment options that have different fees. Also, we've never claimed to get our price directly from any other exchange and have in fact said the contrary that our pricing is based on our own internal supply and demand as we are still a small start up.

I made a deposit several weeks ago, still have not received the btc to my address.  I posted receipt and wrote down reference number, followed directions as asked, can you assist me with this "CoinRnr"

Thanks

We are unaware of any outstanding orders at this time. Please contact us at support@coinrnr.com with your order number or email address so we can help resolve your confusion. We answer emails insanely fast.

I have visa gift cards in Canada, and would like to purchase bitcoin.. I don't think verification is neccessary if they are only gift cards.

thoughts??

We require all users to register and verify in order to enforce transaction limits. At this time, we are not accepting credit/debit card purchases from anywhere except the US. After a few months of initial testing, we should be able to begin opening it up to other markets.

We're certainly not false advertising. Even in my original post I've noted that our prices are typically 3-7% above bitstamp, depending on our internal supply/demand. If we lowered our prices to those of a massive exchange, we would run out of coins every day. I don't agree with your claims that the other providers are much cheaper than the CoinRnr prices either consistently. I'm familiar with both of those markets as well.

At the end of the day, we're a small brokerage that is unable to offer the best available prices on the net. What we do offer is faster delivery, automated verification, credit card payments, and unparalleled customer service (our average response time is consistently under 1 hour).

I appreciate all the positive responses and reviews we've received from the BCT community so far!

Made an account through my fully verified Miicard profile that I've had for over a year, and made a modest test purchase on CoinRnr for $40. It was immediately held and cancelled, and my account was then banned.

My brother made an account through *his* fully verified Miicard profile that he has had for months, and also attempted a modest test purchase. It was immediately cancelled, and his account was also banned.


Major letdown for a site that seemingly had promise. Never going to bother with CoinRnr again.

Hi Zeth,

We use a combination of a lot of data sources and checks to verify that orders are legitimate. As there is a significant fraud risk when it comes to making purchases by credit card, our system is very strict and may sometimes deny some legitimate users.

For that reason, we offer an appeal option for account suspensions. You can verify using Netverify with your webcam (it will have you take a picture of your ID and then of your face) and we will re-approve your account for purchase. If you need help with this process, you can always reach out to support@coinrnr.com. We are working on developing a new customer onboarding process that should address a lot of these issues.

trying this out and hoping it fast and awesome like a pipe dream that just needed to happen a long time ago. Thanks . Will update on status.

edit: Made an account and did all verifications needed ,but pretty sure i change ip on a timer vpn i have and now account is deleted. So pretty sure no btc and now start buying it on the streets.

We have just released some updates to both our bitcoin pricing and fee structure. Clients should be receiving an email today that will explain the changes.

1. Our bitcoin price is now fixed to Bitstamp's 24h high. This will result in significantly better deals on bitcoin purchases.
2. A new fee structure has been implemented. Instead of one flat fee for each payment method, we have scaled the fee depending on the size of your order. This will allow clients who wish to purchase larger amounts a discount.

$100-999 = 5%
$1000-4999 = 4%
$5000-9000 = 3%

Need to make a larger order? Get in touch: support@coinrnr.com

Unfortunately we are no longer accepting credit card purchases at this time. It went ok while it lasted. We didn't like the payment processor we were working with.

In an effort to increase transparency, we have fixed our price to Bitstamp 24h high. This allows us to protect ourselves from volatility but also usually offer pretty competitive pricing.

Need to make a larger purchase? We can probably help. Email us at support@coinrnr.com

Wire Transfers now carry a minimum transaction size of $500.

Bump!