[GUIDE] How to buy shares on Bitfunder

[blackswan]

Since I keep seeing posts asking about how to buy shares on Bitfunder as a US user, I'm posting a guide.

This guide does not require you to have a verified Weexchange account.

We will be using a VPN tunnel to mask our IP to make it seem like we're connecting from another country.

For this guide I will be using IPVanish, my preferred VPN service (they are a paid option, about $10 for a month, 7-day money back guarantee).

Feel free to seek out your own VPN service, there are some free VPN options available.
(Please be careful with free VPNs, they are compromised often and are not secure)


Before:


Step 1.  Connect to a server from another country.  
On IPVanish, I find Dusseldorf, Germany works best for me.

(It doesn't matter too much which protocol you use, I like OpenVPN and L2TP)

Step 2.  Clear your browser cache/cookies.

Step 3. Go to www.bitfunder.com
Login to your account.

Step 4.  You can now buy!



I've found that not all foreign servers work, some do, some don't for me.  Keep trying them until you find one that works.

Obviously this is not a permanent solution as on Nov 1, US users will be forced to sell their shares (or something like that).  You can always buy shares in which you believe the asset holder has a transfer plan in place.

Good luck.

[SebastianJu]

How will you buy shares without moving bitcoins to your bitfunder account? Thats only possible through weexchange.

[blackswan]

How will you buy shares without moving bitcoins to your bitfunder account? Thats only possible through weexchange.

You can still direct deposit BTC to your weexchange account and transfer it over to bitfunder with no problems.

[SebastianJu]

How will you buy shares without moving bitcoins to your bitfunder account? Thats only possible through weexchange.

You can still direct deposit BTC to your weexchange account and transfer it over to bitfunder with no problems.

Looks like i overread the "verified" weexchange account.

[fran2k]

So, if your IP is not from US you can still trading in BitFunder without registering?

[fluidjax]

How will you buy shares without moving bitcoins to your bitfunder account? Thats only possible through weexchange.

You can still direct deposit BTC to your weexchange account and transfer it over to bitfunder with no problems.

I don't think this is true.
From Bitfunder home page...


Important Notice (October 8th, 2013):
...
All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.
...

[b!z]

This is a pretty good guide. I was wondering how a US citizen would buy shares on Bitfunder with the new rules.
Instead of using IPVanish, I would recommend Private Internet Access which is actually hosting this forum. They have a pretty good choice of locations in and outside the US for a much cheaper price.

You would still have to get verified, since it became a requirement on BitFunder. The process does not sound too difficult, though. I hope this helps.

[fran2k]

For me seems like you can fully operate with a non-US IP until November 1st, before that you must verify anywhere you are.

[hulk]

You still need to get verified on weexchange, so this is useless.