Bittylicious - UK Bitcoins using Bank Transfers

[gigatux]

What's happened to the seller wars recently?

Have a chat with the owner of Bitcoin Average. The different markets use different averages for their prices. Bittylicious seems to use a 1 (or perhaps 3)-hour average compared to sometimes a 24-hour average, which means in a rising market it will look more expensive. Conversely, it will look cheaper in a falling market.

[phaskie]

Even not using bitcoinaverage though it's currently £265 to buy on bittylicious, £240 on gox, under £260 on localbitcoins and bitbargain.

[gigatux]

Even not using bitcoinaverage though it's currently £265 to buy on bittylicious, £240 on gox, under £260 on localbitcoins and bitbargain.

OK, in which case yes Bittylicious is a bit more expensive at the moment (it's just not £10 more expensive as the BitcoinAverage page would lead you to believe).

[hilariousandco]

Bought some FTC from Bitty yesterday and was very impressed with the speed of the service. Think I had the coins within about 5 minutes. Is this a UK-only based service? I'd recommend it to others, but don't know if you need a UK bank account to trade with.

[gigatux]

Bought some FTC from Bitty yesterday and was very impressed with the speed of the service. Think I had the coins within about 5 minutes. Is this a UK-only based service? I'd recommend it to others, but don't know if you need a UK bank account to trade with.

Thanks for your comments!

It's only UK-only because we don't have any sellers in other countries that have suitable bank accounts to help us out.

[zolace]

Hi,

I just launched a new site that allows people to buy Bitcoins using UK's Faster Payments system (i.e. regular bank transfers for most people). It's not a marketplace, so users can't register as sellers; it's really just a simple service to send Bitcoins once money has been deposited.

It's in a testing phase at the moment, but is live (with minimal margins to compensate those helping to test) so if anyone's interested, please sign up at http://www.bittylicious.com/. I'll post another announcement when it's open to all.

Feedback, constructive criticism etc. all welcome on this thread of course.

Thanks.

lol funny name with the licious part but  congrats on ur site.

[zolace]

Hi,

I just launched a new site that allows people to buy Bitcoins using UK's Faster Payments system (i.e. regular bank transfers for most people). It's not a marketplace, so users can't register as sellers; it's really just a simple service to send Bitcoins once money has been deposited.

It's in a testing phase at the moment, but is live (with minimal margins to compensate those helping to test) so if anyone's interested, please sign up at http://www.bittylicious.com/. I'll post another announcement when it's open to all.

Feedback, constructive criticism etc. all welcome on this thread of course.

Thanks.

lol funny name with the licious part but  congrats on ur site.

need help in the USA let me know, PM me lets see whats your mission on this business.

[DL]

Hi Gigatux, nice work, just had my first successful trade and will do more. I agree with other posters that more information and more detail in the help and support sections is needed. I transacted using Barclays PingIt and it worked well, but there is no description of the PingIt process in the help. My first attempt to use PingIt failed because the seller failed to include his mobile number - your seller interface should be checking that sort of thing so that simple mistakes can't happen. For me, PingIt is preferable to UK Bank transfers because with my bank (NatWest) I would have to setup a new payee each time there was a new seller whereas with PingIt I can just add a mobile phone number to my contacts book. Keep up the good work.

[hilariousandco]

Hi Gigatux, nice work, just had my first successful trade and will do more. I agree with other posters that more information and more detail in the help and support sections is needed. I transacted using Barclays PingIt and it worked well, but there is no description of the PingIt process in the help. My first attempt to use PingIt failed because the seller failed to include his mobile number - your seller interface should be checking that sort of thing so that simple mistakes can't happen. For me, PingIt is preferable to UK Bank transfers because with my bank (NatWest) I would have to setup a new payee each time there was a new seller whereas with PingIt I can just add a mobile phone number to my contacts book. Keep up the good work.

It's not that difficult to set up a new payee. And isn't it more expensive to use Pingit?

[gigatux]

There's no reason for it to be more expensive to use PingIt, but there are fewer sellers offering this service so there's less competition. This usually makes the price a bit higher.

Regarding the lack of a mobile phone number for PingIt, you're absolutely right. In the future, we won't be trusting sellers to add this detail and will require that they request activation for each offer. I assumed they'd set the offers up correctly before making them live but clearly it's better to manually validate each offer.

You're right that more documentation is needed. We are adding it when we can, but there are a few gaps to fill in, no doubt. I'm glad all in all you like the service though!

[hilariousandco]

There's no reason for it to be more expensive to use PingIt, but there are fewer sellers offering this service so there's less competition. This usually makes the price a bit higher.

Regarding the lack of a mobile phone number for PingIt, you're absolutely right. In the future, we won't be trusting sellers to add this detail and will require that they request activation for each offer. I assumed they'd set the offers up correctly before making them live but clearly it's better to manually validate each offer.

You're right that more documentation is needed. We are adding it when we can, but there are a few gaps to fill in, no doubt. I'm glad all in all you like the service though!

I recommend it to everybody I meet who asks where to buy Bitcoins and they haven't had any problems and some of them were very wary about buying coins and bank-transfers etc. Do you have any plans to add any more coins?

[zolace]

I message you but never got a response. 

[gigatux]

I message you but never got a response. 

I assume you made the payment for £150? Our systems were looking for a payment of £150.03 but you paid £150. Although you requested £150 our system matched you up with £150.03 of Bitcoins and would have displayed this (although we'll try to find out why). Because of the mismatch, your order had to be manually approved.

[grums]

Hey,

Just wondering is it possible, instead of sending an online bank transfer. Could I go to a local bank and cash deposit the money into your account? Just wondering as my Bank doesnt support faster payments which is annoying. However the cash deposit method is instant. It would be an extremley helpful way of purchasing BTC.

Thanks.

[gigatux]

Just wondering is it possible, instead of sending an online bank transfer. Could I go to a local bank and cash deposit the money into your account? Just wondering as my Bank doesnt support faster payments which is annoying. However the cash deposit method is instant. It would be an extremley helpful way of purchasing BTC.

I'm very sorry but in terms of fulfilling AML guidelines, we cannot accept cash payments via banks (as they usually accept cash from anyone). It's a shame your bank doesn't support Faster Payments - this system has been around for ages now.

[hilariousandco]

Hey,

Just wondering is it possible, instead of sending an online bank transfer. Could I go to a local bank and cash deposit the money into your account? Just wondering as my Bank doesnt support faster payments which is annoying. However the cash deposit method is instant. It would be an extremley helpful way of purchasing BTC.

Thanks.

Can you not just use Pingit? Or do none of your friends or family have a account with Faster Payments? If not, you can always try buy some coins from the marketplace here. Just use a trusted escrow.

[grums]

Can you not just use Pingit? Or do none of your friends or family have a account with Faster Payments? If not, you can always try buy some coins from the marketplace here. Just use a trusted escrow.

Hi,

Yeah, I normally use a friends account. Just thought I would ask about the cash method as well though as it would be handy. Have never used Pingit before.

I've bought some BTC on the marketplace here as well. But it can take a few hours trying finding someone trustorthy to trade with, wereas bittylicous is always there. Although is more expensive.

[hilariousandco]

Can you not just use Pingit? Or do none of your friends or family have a account with Faster Payments? If not, you can always try buy some coins from the marketplace here. Just use a trusted escrow.

Hi,

Yeah, I normally use a friends account. Just thought I would ask about the cash method as well though as it would be handy. Have never used Pingit before.

I've bought some BTC on the marketplace here as well. But it can take a few hours trying finding someone trustorthy to trade with, wereas bittylicous is always there. Although is more expensive.

Yeah, I can understand that. Pingit is pretty simple and easy to set up and it might be your best bet if you want to buy coins yourself through Bitty.

[zolace]

I message you but never got a response.  

I assume you made the payment for £150? Our systems were looking for a payment of £150.03 but you paid £150. Although you requested £150 our system matched you up with £150.03 of Bitcoins and would have displayed this (although we'll try to find out why). Because of the mismatch, your order had to be manually approved.

lol I never used your service. 
Can you PM your skype, business related.  

[gigatux]

lol I never used your service. 
Can you PM your skype, business related.  

In which case I'm not sure who you are. I don't think we've not replied to an email from more than a few days ago. Please email us again at admin@bittylicious.com