★ Bitcoin Magnet ★ Buy & sell bitcoins automatically using your UK bank account!

[Bitcoin Magnet]

COMING SOON!



The easiest way to buy & sell bitcoin in the UK.

How it works:

Buy bitcoin from Bitcoin Magnet

► Register - we will ask for your bitcoin wallet address and give you a unique reference code.
► Send a bank transfer to us and include your unique reference code.
► Receive bitcoin to your wallet.

All future payments that include your unique reference code will be converted into bitcoin and sent to your wallet.

Sell bitcoin to Bitcoin Magnet

► Register - we will ask for your bank account details and give you a unique bitcoin address.
► Send bitcoin to your unique bitcoin address.
► Receive GBP via a bank transfer.

All future payments sent to your unique bitcoin address will be converted into GBP and sent to your bank account.

Fees:

• 5% per transaction. Bitcoin price is taken directly from Bitstamp.net.

Limits:

• Buying: £5 minimum, £100 maximum.
• Selling: £5 minimum, £200 maximum (± 10% once converted from BTC).

Timings:

• Orders are processed several times per day. We do our best to give you the best price from Bitstamp when you submitted your order. Email confirmation will be sent to you within 5 hours, usually much quicker. We are working on an automated system and it should be ready by the end of November.

This service is only available to people with a UK bank account. A receipt is emailed to you after each transaction.

Please try it out and let me know what you think.

Thanks,

John

[hedgy73]

Websites not loading?

[xetsr]

Websites not loading?

Works fine here.

My question is why should anyone trust this website? With all the scams going around lately, it might help if you post some background info on you or whoever is behind the site. Would probably get more buyers.

One thing I noticed is: http://whois.domaintools.com/bitcoinmagnet.co.uk - Newly registered domain hosted at http://www.000webhost.com/, a free or cheap host which is normally use by scammers and phishers.

[hedgy73]

Websites not loading?

Works fine here.

My question is why should anyone trust this website? With all the scams going around lately, it might help if you post some background info on you or whoever is behind the site. Would probably get more buyers.

Sorry working here now too must have been down for a few minutes when I first tried.

I agree, more info is needed.

[Bitcoin Magnet]

Websites not loading?

Works fine here.

My question is why should anyone trust this website? With all the scams going around lately, it might help if you post some background info on you or whoever is behind the site. Would probably get more buyers.

One thing I noticed is: http://whois.domaintools.com/bitcoinmagnet.co.uk - Newly registered domain hosted at http://www.000webhost.com/, a free or cheap host which is normally use by scammers and phishers.

True, the website is being hosted for free. I guess that could raise eyebrows but my rationale was just to save on costs, not privacy. If I wanted privacy I would have hidden the Whois details. Plus, the whole business model revolves around direct bank transfers, so quite difficult to hide in that sphere anyway! I will add more info in the OP about myself etc, in order to paint a clearer picture. Thanks for the advice, I always appreciate feedback.

John

[Bitcoin Magnet]

To encourage people to try the service, I will not charge any fee for orders made today.

[hedgy73]

Ok just registered lets give this a go

[Bitcoin Magnet]

Ok just registered lets give this a go

Cool, let me know what you think. Any feedback would be great.

[hedgy73]

Ok just registered lets give this a go

Cool, let me know what you think. Any feedback would be great.

Ok will do, it's been pretty straightforward so far with registering and setting up bank payment details.

Email with details came through quickly too.

Just got to wait for an hour before payment can be sent to a new recipient.

So from what I understand you can do one-off purchases or set up a standing order for regular set interval purchases?

[Bitcoin Magnet]

Ok just registered lets give this a go

Cool, let me know what you think. Any feedback would be great.

Ok will do, it's been pretty straightforward so far with registering and setting up bank payment details.

Email with details came through quickly too.

Just got to wait for an hour before payment can be sent to a new recipient.

So from what I understand you can do one-off purchases or set up a standing order for regular set interval purchases?

Correct. I designed it with recurring payments in mind, but works just the same for single payments.

[hedgy73]

Ok just registered lets give this a go

Cool, let me know what you think. Any feedback would be great.

Ok will do, it's been pretty straightforward so far with registering and setting up bank payment details.

Email with details came through quickly too.

Just got to wait for an hour before payment can be sent to a new recipient.

So from what I understand you can do one-off purchases or set up a standing order for regular set interval purchases?

Correct. I designed it with recurring payments in mind, but works just the same for single payments.

That's great thank you all good so far .

[hedgy73]

Just made a purchase, not sure how long it will take to show in your account (said 2 hours on my online banking).

[Bitcoin Magnet]

Just made a purchase, not sure how long it will take to show in your account (said 2 hours on my online banking).

OK, you'll receive the BTC and an email receipt shortly after I receive payment. Let's see how fast the banks work on a weekend...!

[hedgy73]

Just made a purchase, not sure how long it will take to show in your account (said 2 hours on my online banking).

OK, you'll receive the BTC and an email receipt shortly after I receive payment. Let's see how fast the banks work on a weekend...!

Sounds good to me thank you, yes lets see

[WhatsBitcoin]

Hope things go well here...

[Bitcoin Magnet]

Just made a purchase, not sure how long it will take to show in your account (said 2 hours on my online banking).

OK, you'll receive the BTC and an email receipt shortly after I receive payment. Let's see how fast the banks work on a weekend...!

Sounds good to me thank you, yes lets see

GBP received, BTC sent, invoice on its way
Thanks for trying out the service!

[hedgy73]

Excellent thank you I can see btc on way .

This has been a very pleasant experience and I will definitely be using your service again.

Summary:

Register on http://www.bitcoinmagnet.co.uk/register.html with email and btc address.
Receive email with bank details for payments to be sent.
Set up new recipient with your bank account.
Transfer money to bitcoinmagnet.
Receive email confirmation when payment received and how much btc will be sent.
Receive btc.

You really can't get easier than that. 10/10 .

[Bitcoin Magnet]

Excellent thank you I can see btc on way .

This has been a very pleasant experience and I will definitely be using your service again.

Summary:

Register on http://www.bitcoinmagnet.co.uk/register.html with email and btc address.
Receive email with bank details for payments to be sent.
Set up new recipient with your bank account.
Transfer money to bitcoinmagnet.
Receive email confirmation when payment received and how much btc will be sent.
Receive btc.

You really can't get easier than that. 10/10 .

Thanks for the positive review 

[hedgy73]

Excellent thank you I can see btc on way .

This has been a very pleasant experience and I will definitely be using your service again.

Summary:

Register on http://www.bitcoinmagnet.co.uk/register.html with email and btc address.
Receive email with bank details for payments to be sent.
Set up new recipient with your bank account.
Transfer money to bitcoinmagnet.
Receive email confirmation when payment received and how much btc will be sent.
Receive btc.

You really can't get easier than that. 10/10 .

Thanks for the positive review 

You're welcome its a good service you're providing.

[Bitcoin Magnet]

No fees again today! Please take a look at the site and place an order