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Author Topic: new: btc-e Withdrawal on debit/credit cards VISA/MasterCard now available, how?  (Read 1899 times)
rojuwah (OP)
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March 19, 2014, 01:27:55 PM
Last edit: March 19, 2014, 02:20:20 PM by rojuwah
 #1

I just saw a tweet from btc-e announcing that "Withdrawal on debit/credit cards VISA and MasterCard is now available".

From bitcointalk topic=76394.0, I see that such a service is previously operated and then discontinued. Indeed offered by a site named aurumxchange, which is currently shut down by US gov.

Now how is that possible in general, especially for a shady exchange like btc-e? (extensive discussion about shadiness is something else) Now your ideas about this service.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Bitco
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March 19, 2014, 01:37:10 PM
 #2

Using Original Credit Transactions.  We'll see how long this lasts.  I'm guessing some banks aren't going to like it.
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March 19, 2014, 07:37:29 PM
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It's does not matter how they manage to do it.
It's very convenient and it works! I've tried already.
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March 19, 2014, 09:50:16 PM
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Using Original Credit Transactions.  We'll see how long this lasts.  I'm guessing some banks aren't going to like it.

well indeed it will not last for long Smiley or maybe I am wrong - that would be not bad at all.
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March 20, 2014, 12:32:43 PM
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Does this work from the US?
rojuwah (OP)
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March 24, 2014, 11:49:18 AM
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if it is a convenient service, why not other exchanges apply it? Or what took an exchange so long to show up and allow users to withdraw money using cc?
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