[2014-09-29] CD: Circle Announces Global Launch of Bitcoin Banking Platform

[LiteCoinGuy]

Circle Announces Global Launch of Bitcoin Banking Platform

http://www.coindesk.com/circle-global-launch/


and 10 USD for free by the way 

[1714173191]

1714173191

[LiteCoinGuy]

http://www.theguardian.com/technology/2014/sep/29/bitcoin-circle-cryptocurrency-jeremy-allaire

[LiteCoinGuy]

http://www.bloomberg.com/news/2014-09-29/circle-debuts-bitcoin-accounts-for-mainstream-users.html

[LiteCoinGuy]

 Circle’s Live

   Oh baby, baby.  All I have to say about Circle’s official public launch is that it is worth the wait.  

http://two-bit-idiot.tumblr.com/post/98718657059/circles-live

[knight22]

I am very impressed. I just bough bitcoins with my credit card in 5 minutes from Canada 

[teek]

I am very impressed. I just bough bitcoins with my credit card in 5 minutes from Canada 

Yep me too, from Canada!  Everything was very fluid,  only seemed to charge a CC processing fee, which amounted to less than 2%.  Appeared to be using bitstamps rates.. 

[aigeezer]

From their service agreement - their INTERNATIONAL service agreement, of all things:

17. Restricted Activities

Using the Services to make the following types of payments is prohibited, and Circle reserves the right to monitor for payments that relate to:

    any Restricted Persons or persons or entities located in Restricted Territories (as each term is defined in Section 29);
    weapons of any kind, including but not limited to firearms, ammunition, knives, or related accessories;
    controlled substances including but not limited to narcotics, prescription drugs, steroids, or related paraphernalia or accessories;
    gambling activities including but not limited to sports betting, casino games, horse racing, dog racing, lotteries, games of chance, sweepstakes, games of skill that may be classified as gambling (i.e. poker), or other activities that facilitate any of the foregoing;
    constitute money-laundering or terrorist financing;
    any sort of ponzi scheme, pyramid scheme, or multi-level marketing program;
    goods or services that infringe or violate any copyright, trademark, or proprietary rights under the laws of any jurisdiction otherwise constitute counterfeit goods;
    debt settlement, refinance, or credit repair services;
    court ordered payments, structured settlements, tax payments, or tax settlements;
    the sale of money orders or cashier’s checks or any unlicensed money transmitter activity;
    lottery contracts, layaway systems, or annuities;
    counterfeit goods; or
    any other matters which we communicate to you that are unacceptable from time to time and which, for example, may be restricted by our and your payment partners.

In the event that Circle learns that you are making any such prohibited payments, Circle may suspend or terminate your Circle Account.

[hua_hui]

Great service.  "all deposits are 100% insured" really impresses me. I will see how they are going !

[Gogo ppp]

I am very impressed. I just bough bitcoins with my credit card in 5 minutes from Canada 

Yep me too, from Canada!  Everything was very fluid,  only seemed to charge a CC processing fee, which amounted to less than 2%.  Appeared to be using bitstamps rates.. 

What determines the exchange rate of the coins?

I'm so sick of btc companies (like Coinbase and Circle) having no phone support, and the website lacks the most fundamental info.

[kjlimo]

I am very impressed. I just bough bitcoins with my credit card in 5 minutes from Canada 

Yep me too, from Canada!  Everything was very fluid,  only seemed to charge a CC processing fee, which amounted to less than 2%.  Appeared to be using bitstamps rates.. 

What determines the exchange rate of the coins?

I'm so sick of btc companies (like Coinbase and Circle) having no phone support, and the website lacks the most fundamental info.

Welcome to the 21st century.  Get used to no phones...

[bernard75]

Great service.  "all deposits are 100% insured" really impresses me. I will see how they are going !

Thats what Gox said too.

[Keyser Soze]

Great service.  "all deposits are 100% insured" really impresses me. I will see how they are going !

Thats what Gox said too.

Did Gox actually use the word insured? At least Circle also confirms the name of the company that is providing the insurance.

[bernard75]

They claimed to have a 100% reserve, which i interpret as insurance.

[Gogo ppp]

I am very impressed. I just bough bitcoins with my credit card in 5 minutes from Canada  

Yep me too, from Canada!  Everything was very fluid,  only seemed to charge a CC processing fee, which amounted to less than 2%.  Appeared to be using bitstamps rates..  

What determines the exchange rate of the coins?

I'm so sick of btc companies (like Coinbase and Circle) having no phone support, and the website lacks the most fundamental info.

Welcome to the 21st century.  Get used to no phones...

Yes and no. My banks have phones. My credit cards have phones.

If a company is not going to have phone support, have live chat support.

If they're going to try to save money on both of those (and even if they're not), HAVE A FRIKKING FAQ THAT IS THOROUGH.

Circle will allow one to buy btc, but it's a secret as far as what determines the exchange rate for USD to btc???

Is it possible they could spare 1 kb on their site for that info?

[Keyser Soze]

Circle will allow one to buy btc, but it's a secret as far as what determines the exchange rate for USD to btc???

Just like Coinbase, it is whatever they offer you. I don't like that you have to create an account and log in to see the price though (unless I am missing something).