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Wire Transfers now carry a minimum transaction size of $500.
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Do you really allow credit card purchases? If so, how's that been going?
How much do you charge above bitstamp? If it's low enough I might use you guys as a supplier when my usual BTC stock runs low.
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. |
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Buy or Sell bitcoin and receive your payment the same exact day.
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Another week, more bitcoin!
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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 |
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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 |
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We are familiar with this consumer alert and keep in contact with multiple attorneys though we do appreciate your concern.
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Great service but I think not being registered with the state of North Carolina as a MSB is going to cost you your business and investments. The Gov is no longer watching to see if people will comply they are forcing people to comply. Paypal had the same problems when they first started and had to go state by state to get the MSB, green dot when through the same process. Next time CoinRNR is in a gas station in NC I suggest he looks at the door and see that they even had to register with NC as a MSB just to sell green dot and other stored value. The Federal MSB does not protect you from each state, you are in violation of each state that requires MSB if you accept payments from the customers in that state. So you could be charged by each state you accept payments as being a unlicensed MSB/MT http://www.fincen.gov/financial_institutions/msb/pdf/msbstatecontactsfinal.pdfNorth Carolina listings of money transmitters https://www.nccob.org/Online/MTS/MTSCompanyListing.aspxWhat you need to be a Money Service Transmitter in NC https://www.nccob.org/Online/MTS/MTSCompanyListing.aspx53-208.5. License qualifications. (a) Each licensee shall have at all times a net worth of not less than one hundred thousand dollars ($100,000) calculated in accordance with generally accepted accounting principles. Licensees engaging in money transmission at more than one location or through authorized delegates shall have an additional net worth of ten thousand dollars ($10,000) per location in this State, as applicable, to a maximum of five hundred thousand dollars ($500,000). Licensees with neither locations nor authorized delegates in this State shall have an additional net worth as established by the Commissioner in an amount not to exceed a maximum of five hundred thousand dollars ($500,000). Great business, Great idea, legal suicide...... I'm familiar with the MTA in NC. I don't, however, agree with you that what we are providing is 'stored value' or a 'payment instrument' and therefor our activities are not money transmission by the NC definition. Without further clarity from state level regulators (honestly, the only state really to provide true clarity on bitcoin money transmission licensing thus far has been Texas), it's impossible to assume how they will define bitcoin in their laws. If a state were to follow in the footsteps of the IRS for example, and declare bitcoin as property, none of the current money transmitter laws would apply. We do not hold customer funds nor do we do not conduct remittances. Instead, we only provide a retail USD to bitcoin transaction with verified individuals (no 3rd parties) who adhere to strict transaction limitations. Gas stations offering prepaid cards, western union, or other money transmissions, are of course required to be licensed as is any check casher or exchanger of foreign currency. In the interested of keeping this thread on topic, feel free to PM me to discuss this more. |
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I just registered for an account, it said I will be contacted with more information. How long does that usually take?
Hi, If the account was rejected, you may not always receive any additional contact. Feel free to reach out to support@coinrnr.com from your account email address and we will look it up for you. |
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Hi Mazin,
Another small sell order sent just now.
Thank you!
James
Sorry for late reply, been a busy few days. Everything was sent as normal of course. |
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Hi Mazin,
Sell order sent!
Thank you,
James
Completed. |
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Just registered and verified Tier3 with NetVerify, all in all took about 10 minutes (had to switch webcams to get a focused picture of my ID). Looking forward to trying you out!
Your order was just processed! Welcome to CoinRnr  Order was super smooth, just put in another Completed! |
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It's the weekend...but unlike your bank, we're still open.
Visa, Mastercard, Discover, and American Express accepted for US residents! INTERAC Online available for Canadians.
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Just registered and verified Tier3 with NetVerify, all in all took about 10 minutes (had to switch webcams to get a focused picture of my ID). Looking forward to trying you out!
Your order was just processed! Welcome to CoinRnr |
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Not yet, but that is on the way.
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How does the verification process work? What info do you need?
During registration you'll need to provide name, email address, billing address, date of birth, and a phone number. Verification consists of verifying with a third party; either Netverify or miiCard. Netverify allows you to upload your ID with your webcam and miiCard verifies you through your financial institution. |
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Buy bitcoin with a cash deposit, wire transfer, or credit card and receive your coins today! Why wait 3+ days from anywhere else?
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New week, new coins. Come get em!
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