Indacoin (OP)
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July 24, 2014, 04:44:59 PM Last edit: July 27, 2017, 11:01:05 AM by Indacoin |
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Indacoin is a global platform that lets people from all over the world buy bitcoins/litecoins/ethereum with a credit or debit card without registration. More than 100 countries are supported including, but not limited to: UK, Germany, France, Russia, Ukraine, Spain, Italy, Poland, Turkey, Australia, Philippines, Indonesia, India, Belarus, Brazil, Egypt, Morocco, Vietnam, Nigeria and many others. If it's the first time you use the card, you will receive a call from Indacoin with a 4-digit code, which should be entered on your order page. After that, you will have to enter a 3-digit code, which can be found on your online card statement next to the charge amount. You will have the limit of $50 for the first transaction, $100 for the second transaction available after 4 days of the initial purchase and $500 after 8 days of the first buy. The total limit for the first month will be $5000 and then no limits at all. Since your card is verified, cryptocurrency is sent automatically within 10 minutes after the payment. We’ll be happy to provide additional information here or via our online chat support. Go to https://indacoin.com/change to get started!
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fonenumba
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July 24, 2014, 11:15:59 PM |
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How would the bank's customer service be able to provide the authorization code?
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BIGbangTheory
Member
Offline
Activity: 83
Merit: 10
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July 25, 2014, 01:07:35 AM |
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How much of a premium over bit stamp would you charge for buying?
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Indacoin (OP)
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July 25, 2014, 04:37:41 AM |
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How would the bank's customer service be able to provide the authorization code?
He/she will be able to provide the code since the customer says the memorable/secret word. And sometimes the code is even available via internet banking.
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Indacoin (OP)
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July 28, 2014, 07:05:40 AM |
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How much of a premium over bit stamp would you charge for buying?
Our price is not correlated with bitstamp, but with our own exchange platform. As for the extra fees, the range is 5-15% and depends on whether its your first/second/third etc. purchase on our website. So after each successful exchange the fee will be decreased.
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rammy2k2
Legendary
Offline
Activity: 1974
Merit: 1003
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July 28, 2014, 11:03:20 PM |
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we receive the code on our card statement ? like paypal ?
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Indacoin (OP)
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July 29, 2014, 07:20:56 AM |
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we receive the code on our card statement ? like paypal ?
no, Paypal generates its own code and adds it to the statement. And we ask for the code that is returned by card issuer each time you pay with your debit/credit card. It is usually six to seven digits in length and can be numeric or alphanumeric. Sometimes its also called "Approval Code". In most cases you ll have to call your bank to find out this code. We do understand that it will take some time, but we need it only once to verify the card
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rammy2k2
Legendary
Offline
Activity: 1974
Merit: 1003
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July 29, 2014, 10:13:15 PM |
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we receive the code on our card statement ? like paypal ?
no, Paypal generates its own code and adds it to the statement. And we ask for the code that is returned by card issuer each time you pay with your debit/credit card. It is usually six to seven digits in length and can be numeric or alphanumeric. Sometimes its also called "Approval Code". In most cases you ll have to call your bank to find out this code. We do understand that it will take some time, but we need it only once to verify the card erm ... too complicated ... moving on
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playon
Newbie
Offline
Activity: 35
Merit: 0
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July 30, 2014, 09:16:56 AM |
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i ve been using this service for several months. The good think i usually receive first confirmation within 20 minutes after the payment. The bad thing is you ll have to spend some time monitoring the website to get the best price - sometimes there is almost no difference between their and major exchanges price, but more often you ll have to pay the premium of 7-10%
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sodik
Newbie
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Activity: 2
Merit: 0
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August 01, 2014, 08:00:45 PM |
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The second credit card transaction can be completed on Day 4 after your initial purchase with a 100 USD limit.
What if i will use another CC for the second transaction with different name? Is this allowed? Some feature requests for your CC to BC exchange service: add recurring charge, increase limit for first payment by adding some days time delay before money can be withdrawn.
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Indacoin (OP)
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August 04, 2014, 06:11:44 AM |
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The second credit card transaction can be completed on Day 4 after your initial purchase with a 100 USD limit.
What if i will use another CC for the second transaction with different name? Is this allowed? Some feature requests for your CC to BC exchange service: add recurring charge, increase limit for first payment by adding some days time delay before money can be withdrawn. To use another card for the 2nd/3rd transactions is allowed, but the limits won't be transferred. Only if you ve been using one card for more than 1 month, we could consider limits increasing for your first purchase with a new card - just send us a message to support@indacoin.comThanks for your suggestions - we are definitely thinking about recurring payments for our clients and have already started negotiations with our payment processor regarding that matter.
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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August 04, 2014, 11:56:54 PM |
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Rates are ridiculously high. I buy tons through virwox already.
At the rate I do buy indacoin would pocket over 600+ in fees alone already monthly.
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Indacoin (OP)
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August 05, 2014, 08:36:29 AM |
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Rates are ridiculously high. I buy tons through virwox already.
At the rate I do buy indacoin would pocket over 600+ in fees alone already monthly.
Thanks for the feedback. If you are looking for the best price, you could register on our trading platform https://indacoin.com/tradeOur exchanger is made for people who need bitcoins instantly without registration - thats why the fee is higher and as a result the price might not look so sexy
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Brut
Newbie
Offline
Activity: 32
Merit: 0
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August 06, 2014, 01:54:56 PM |
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Rates are ridiculously high. I buy tons through virwox already.
At the rate I do buy indacoin would pocket over 600+ in fees alone already monthly.
Thanks for the feedback. If you are looking for the best price, you could register on our trading platform https://indacoin.com/tradeOur exchanger is made for people who need bitcoins instantly without registration - thats why the fee is higher and as a result the price might not look so sexy so whats the sense to use exchanger if i can buy bitcoins via trading platform at much better price?
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hasher87
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August 07, 2014, 02:23:01 PM |
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used to purchase btc via virwox since bank transfer is kinda expensive to me, but the going rate of $680/btc via virwox rates is killing me finally signed up for this one, and managed to get $590/btc rates
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Indacoin (OP)
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August 08, 2014, 06:36:04 AM |
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used to purchase btc via virwox since bank transfer is kinda expensive to me, but the going rate of $680/btc via virwox rates is killing me finally signed up for this one, and managed to get $590/btc rates could you please drop us a pm with your nickname on the website - we ll increase your purchase limits
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hasher87
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August 08, 2014, 12:34:23 PM |
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used to purchase btc via virwox since bank transfer is kinda expensive to me, but the going rate of $680/btc via virwox rates is killing me finally signed up for this one, and managed to get $590/btc rates could you please drop us a pm with your nickname on the website - we ll increase your purchase limits sent! will you be allowing withdraw money to other sources soon? like CC/Western Union/paypal?
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hasher87
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August 11, 2014, 08:25:33 AM |
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may i know what are the Investment section is for?
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Indacoin (OP)
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August 11, 2014, 11:08:41 AM |
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yes, we are going to add paypal and cc in the nearest future
As for the investments section, we are launching margin trading this week - so our clients will be able to borrow from each other. And those, who are willing to invest will get good fixed profit (about 40% annually)
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hasher87
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August 13, 2014, 02:26:42 AM |
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yes, we are going to add paypal and cc in the nearest future
As for the investments section, we are launching margin trading this week - so our clients will be able to borrow from each other. And those, who are willing to invest will get good fixed profit (about 40% annually)
awesome! looking forward to see one also managed to snatch US$566 rates of bitcoin! definitely better than virwox
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