How To Buy Bitcoins In A Local Store
Bitit, previously just a Bitcoin gift card service, has made it possible to buy Bitcoins in more than 100,000 retail stores. How to buy Bitcoins in less that 10 minutes. This marks a new expansion for the Paris-based company, which has partnered with distribution network specialist Neosurf to launch cash-for-Bitcoin buying in convenience stores around the world. Available in France, UK, Spain, Italy, Canada, Belgium and other countries. This innovation makes that much stronger the international presence of the young french company, which has realized a two-digit month-over-month growth in....
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The world's largest peer-to-peer bitcoin marketplace Local Bitcoins and bitcoin marketplace BitQuick have terminated their services in New York due to the strict restrictions and fees demanded by New York's BitLicense. Local Bitcoins is a unique case; as every single seller on Local Bitcoins would be required to pay $5,000 to apply for BitLicense. The Local Bitcoins team wrote on their blog:"From today onwards users from New York are no longer allowed to use LocalBitcoins because of the legislation known as the BitLicense (23 NYCRR 200) which makes it a federal offense to sell virtual....
After learning about Bitcoin for the first time, the next thing a person usually wants to do is learn how to buy Bitcoin. Although a common misconception is that Bitcoin is some kind of company with stock available for trade online, the reality is bitcoins are nothing more than a digital currency. This means bitcoins can be purchased or earned in ways similar to any other currency in the world. Here are some common ways you can buy bitcoins today. How to Buy Bitcoin Locally. One of the best ways to gain access to the Bitcoin network is through other, local Bitcoin users. Certain apps, such....
The fraudulent LocalBitcoins app has been removed from the Google Play app store. A fake LocalBitcoins app is being distributed on the Google Play store in a bid to steal user bitcoins. The Helsinki-based bitcoin exchange said that it has reached out to the app store to have the fraudulent app removed. LocalBitcoins staff said earlier today that upon download the fake app seeks "to get access to your account by having you activate HMAC authentication for your account". Five reviewers on the Google Play store posted claims that their bitcoins had been stolen as a result of downloading the....
Mycelium has recently come out with a feature for their Android wallets called Local Trader, which allows people to buy and sell bitcoins locally, in person, with cash. Initially, the trades were limited to sell ads, meaning people willing to sell bitcoins could put up an ad, and those wishing to buy bitcoins could contact them and set up a time to meet and trade. The option to set up a buy ad, which would allow locals to convert their bitcoins back to cash, was delayed, since Mycelium wanted to first focus on helping those new to Bitcoin to have an easy way to get their first bitcoins.....
Somewhere in South London, an organic grocery store is accepting payment for goods in a currency that is not controlled by the Bank of England, and that is transmitted by text from a cellphone. What may be surprising is that it's not another trendy store cashing in on the bitcoin bump. Instead, it's a Brixton shopkeeper taking a local currency that has been in existence since around the same time Satoshi Nakamoto releasedhis fateful paper. The store is Brixton Wholefoods and its owner is Tony Benest, a 30-year resident of the South London neighbourhood. Benest recently signed up so that....