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Author Topic: buy.bitcoin.com works OK. Expensive, but it works.  (Read 481 times)
OROBTC (OP)
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November 18, 2016, 03:49:45 AM
 #1

...

Today I tested out this service, to pay for BTC with a credit (debit) card.  Yes, it worked just fine.  It is kind-of expensive for an online service, but it works (I am an American here in the USA):

https://buy.bitcoin.com/

Fees:

Simplex:       5.0%
bitcoin.com:  2.5%

(minimums apply)

You need email access and your smartphone (SMS message).
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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U2
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November 18, 2016, 03:55:51 AM
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For no I.D. requirements the rates aren't that bad at all actually. I've seen worse rates after they know what blood type I am, my mother's maiden name and a stool sample. Thanks for the info, I hadn't noticed this service before.
pedrog
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November 18, 2016, 03:49:23 PM
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How long did it take?

7.5% is not expensive for laundering stolen credit cards, it's very cheap actually.

Usually this kind of services take up to 30% and go to great lengths to identify the user, how long will these guys operate with this kind of fees and procedures?

ged00u
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November 18, 2016, 06:30:29 PM
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At least they do pay. Thanks for testing the site. I highly appreciate that. I have some question: How many bitcoin do they have left ? or they have unlimited Bitcoin for customers to buy ? The price is not very high actually. The price is here cheaper than my local bitcoin selling service. Well, if I have an international debit card, I will consider to buy some bitcoin here
BuySomeBitcoins
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November 18, 2016, 06:53:27 PM
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If I am not mistaking, they use Simplex.cc to process your payments, they gather your ID and deliver late.

If you are a EU/US resident, you can buy small amounts of coins but other countries are insta-declined.
That service is nice if you do not care about your privacy or coins spending tractability.

We will offer a better solution soon Smiley
OROBTC (OP)
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November 18, 2016, 08:27:55 PM
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...

More comments in reply to the above remarks.

The process was fairly quick.  After they OK'd the transaction, I had to leave (a wifi place in my city).  By the time I got home (40 mins.), the BTC were in my wallet (and they were mixed via bitmixer.io as well).

My transaction was small, so I paid more than 7.5% (hence my observation above about minimums).  7.5% would be the total fees if buying something like $200 worth.

simplex, yes.  But, the BTC ATM I bought from the other day collected my smartphone data as well.

I have no idea how many BTC they have left.  Again, I bought fairly small (to test the service).

My credit card was not a stolen one.  I have used it to buy BTC from other services in the past.

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BuySomeBitcoins: better solutions are always welcome.  Show us one!
BuySomeBitcoins
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November 18, 2016, 08:45:07 PM
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BuySomeBitcoins: better solutions are always welcome.  Show us one!

Working on it, link on my signature.
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