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Author Topic: [ANN] 700,000 Cash Deposit Locations in Brazil, Russia, USA - BitInstant  (Read 36223 times)
Yankee (BitInstant)
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Charlie Van Bitcoin


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May 23, 2012, 01:22:21 PM
 #1

Greetings!

This morning, after much anticipation, BitInstant has launched in two new countries, and now enables
cash deposits at over 700,000 locations in USA, Brazil, and Russia (with Canada arriving in a couple
weeks as well).

Previously, cash deposits were only accepted at the four big banks here in the us (Chase, CitiBank,
Wells Fargo, and Bank of America). Now, in addition to the banks, you can make a cash deposit at the
following locations:

USA
Walmart
CVS
7-Eleven
MoneyGram
Thousands more local convenience, retail, & drug stores and money service locations

Brazil
Boleto Bancário (Boleto)
[These can be paid at ATM's, bank branches, post offices, lottery agents, and some supermarkets and
drug stores as well as via online banking!]

Russia
Qiwi Network
Cyberplat Network
[Both networks contain thousands of cash kiosks popular throughout Russia]

USA and Russia locations enable you to be credited within about an hour, and Brazil requires about 24
hours. The Brazilian Boleto system can be paid with the cash deposits or via Internet Banking .

In total, this now adds over 700,000 cash deposit locations in addition to the major banks where people
in these countries can buy Bitcoins with cash. Canada will be added within weeks, and other countries
will follow. We've been extremely excited about this new deal for months, and we're thrilled to be able
to finally share it with you all!

All deposits have a standard lower rate of 3.99% all around.

Visit BitInstant.com and give it a try!

Always a pleasure serving you!

Thanks,

The Team at Bitinstant
Support@bitinstant.com
1.716.712.4846

"In a free society, private payments should be covered by merchant-customer privilege just as attorney-client privilege covers confidential legal communication." - Jon Matonis, Director, Bitcoin Foundation
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unclescrooge
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May 23, 2012, 01:23:46 PM
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Awesome, good job guys!

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May 23, 2012, 01:27:30 PM
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Amazing but I tried and got  ...

Quote
Sorry, but this merchant is not ready to accept cash at this time. Please try again later.

I don't even really need to deposit any cash but I was going to try making a deposit at 7-11 on my lunch break just to try it out.  I mean this could bust bitcoin access & adoption wide open.

Gerald Davis  CEO, Tangible Cryptography Inc.
BitSimple. A simpler way to buy and sell bitcoins
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May 23, 2012, 01:30:08 PM
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Sweet.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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May 23, 2012, 01:32:24 PM
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Well that's convenient. Nice job guys.

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Yankee (BitInstant)
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Charlie Van Bitcoin


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May 23, 2012, 01:35:23 PM
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Amazing but I tried and got  ...

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Sorry, but this merchant is not ready to accept cash at this time. Please try again later.

I don't even really need to deposit any cash but I was going to try making a deposit at 7-11 on my lunch break.

Will be fixed in 7 minutes, stand by please- 1 bug

"In a free society, private payments should be covered by merchant-customer privilege just as attorney-client privilege covers confidential legal communication." - Jon Matonis, Director, Bitcoin Foundation
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May 23, 2012, 01:35:57 PM
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Sweeeeeeet

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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May 23, 2012, 01:36:40 PM
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congrats!

Please explain how does cash depositing work in US through Walmart, 711, CVS, etc
Yankee (BitInstant)
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Charlie Van Bitcoin


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May 23, 2012, 01:38:43 PM
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congrats!

Please explain how does cash depositing work in US through Walmart, 711, CVS, etc

Simple!

Same way a US Bank cash deposit works.

Head over to the site, it will generate a deposit slip for you and just hand it into the teller at 7-11.

Your good to go

"In a free society, private payments should be covered by merchant-customer privilege just as attorney-client privilege covers confidential legal communication." - Jon Matonis, Director, Bitcoin Foundation
Nejc Kodric (BitStamp.net)
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May 23, 2012, 01:40:33 PM
 #10

Great news Charlie! I am glad to hear this!!

Best regards,
Nejc Kodrič
www.bitstamp.net

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May 23, 2012, 01:43:42 PM
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Not seeing any walmarts in my deposit locations... What am I missing?

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May 23, 2012, 01:47:34 PM
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Not seeing any walmarts in my deposit locations... What am I missing?

I had the same problem at first, then realized I was on the how it works page instead of the main page.

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May 23, 2012, 01:50:08 PM
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I just did the quote and clicked on the trustcash link. No option to choose anything but the 3 banks.

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Yankee (BitInstant)
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Charlie Van Bitcoin


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May 23, 2012, 01:53:08 PM
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I just did the quote and clicked on the trustcash link. No option to choose anything but the 3 banks.

Not seeing any walmarts in my deposit locations... What am I missing?

You chose 'Major Bank Branch' which is TC locations.

You need to choose one of the other locations on our homepage

"In a free society, private payments should be covered by merchant-customer privilege just as attorney-client privilege covers confidential legal communication." - Jon Matonis, Director, Bitcoin Foundation
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May 23, 2012, 01:55:42 PM
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LOL... DERP.

And some call me an IT professional... I guess that makes them more dumber than me.

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Yankee (BitInstant)
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Charlie Van Bitcoin


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May 23, 2012, 02:01:31 PM
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Amazing but I tried and got  ...

Quote
Sorry, but this merchant is not ready to accept cash at this time. Please try again later.

I don't even really need to deposit any cash but I was going to try making a deposit at 7-11 on my lunch break.

Will be fixed in 7 minutes, stand by please- 1 bug

FIXED!

LOL... DERP.

And some call me an IT professional... I guess that makes them more dumber than me.

LOL, so do you like?

"In a free society, private payments should be covered by merchant-customer privilege just as attorney-client privilege covers confidential legal communication." - Jon Matonis, Director, Bitcoin Foundation
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May 23, 2012, 02:02:57 PM
 #17

Hi,

1- If I choose Brazil I think the field (amount to send) should be real currency and not dollar.
2- "You receive" on first page should include the 1 dollar fee that appear on the next pages.

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May 23, 2012, 02:04:03 PM
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For me in Portsmouth, New Hampshire, I now have 15 locations (other than banks) within a 10 min drive Smiley Smiley Smiley

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May 23, 2012, 02:08:06 PM
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LOL, so do you like?

Veddy nice... making a deposit today at lunch...

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May 23, 2012, 02:08:17 PM
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This looks great! 7-11 shows up as "Eleven" though.

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