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Author Topic: Anyone use Circle BTC USD exchange?  (Read 625 times)
Hollingsworth (OP)
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June 17, 2015, 06:18:28 AM
 #1

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.
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June 17, 2015, 06:23:25 AM
 #2

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.
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June 17, 2015, 07:06:18 AM
 #3

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

BetterBets.io
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June 17, 2015, 02:02:01 PM
 #4

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.

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WhatTheGox
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June 17, 2015, 04:02:26 PM
 #5

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.
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June 17, 2015, 04:57:22 PM
Last edit: June 18, 2015, 03:35:22 PM by Valanor
 #6


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

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June 17, 2015, 05:01:53 PM
 #7

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.

theres nothing here. message me if you want to put something here.
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