Difference between revisions of "BitInstant"
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==History== | ==History== | ||
| − | The BitInstant Project was founded by two BitCoin traders Gareth Nelson and Charlie Shrem who saw the need for a quick, easy, and secure way of transferring funds to their Exchange accounts. | + | The BitInstant Project was founded by two BitCoin traders Gareth Nelson and Charlie Shrem who saw the need for a quick, easy, and secure way of transferring funds to their Exchange accounts. |
| − | + | ||
| − | + | It was announced through the media on August 23, 2011<ref>[http://www.betabeat.com/2011/08/23/bored-with-bitcoin-bitinstant-is-about-to-goose-the-market-by-making-trading-faster/ Bored With Bitcoin? BitInstant Is About to Goose the Market By Making Trading Faster]</ref>. | |
| − | + | ||
| + | BitInstant is based out of New York City with an office in the United Kingdom. | ||
On April 16, 2012 the service began offering Coinapult as a destination option for the funds<ref>[http://bitcointalk.org/index.php?topic=76863.0 Bypass the exchanges w/ BitInstant Pay-to-Email feature]</ref>. With Coinapult, BitInstant cash deposits are converted to bitcoins which are then claimed through e-mail or from a mobile phone (SMS / text message). | On April 16, 2012 the service began offering Coinapult as a destination option for the funds<ref>[http://bitcointalk.org/index.php?topic=76863.0 Bypass the exchanges w/ BitInstant Pay-to-Email feature]</ref>. With Coinapult, BitInstant cash deposits are converted to bitcoins which are then claimed through e-mail or from a mobile phone (SMS / text message). | ||
Revision as of 16:02, 17 June 2012
BitInstant is a new service that allows you to quickly and easily transfer funds into your online exchange account without delay.
It provides a means to rapidly topup your account at one of several bitcoin exchanges far faster than the usual methods.
Bitinstant makes most deposits happen instantly - within a matter of seconds in ideal cases, and in an absolute worst-case scenario they will still aim to have funds into your exchange account before a stated maximum deadline (on average about 30 minutes depending on various conditions).
Contents
Methods of Payment
U.S. - USD
- Cash deposit (Major banks, 7-11, Walmart, CVS, and Moneygram locations)
- Dwolla
- Liberty Reserve
- Redeemable code from MtGox, Crypto X Change, BitStamp and BTC-E
Brazil - BRL
- Boleto
- Banco Rendimento
Russia - RUB
- Qiwi
- Cypberplat
Fund destinations (Pay to)
Fees & Rates
BitInstant dynamically calculates fees based on various factors, and start at 0.26%. Discounted rates may be available for certain high-volume traders through special arrangement, contact them for more details Their rates can be viewed on their Rates & Fees page, as well as on their homepage.
History
The BitInstant Project was founded by two BitCoin traders Gareth Nelson and Charlie Shrem who saw the need for a quick, easy, and secure way of transferring funds to their Exchange accounts.
It was announced through the media on August 23, 2011[1].
BitInstant is based out of New York City with an office in the United Kingdom.
On April 16, 2012 the service began offering Coinapult as a destination option for the funds[2]. With Coinapult, BitInstant cash deposits are converted to bitcoins which are then claimed through e-mail or from a mobile phone (SMS / text message).
One June 5,2012 the service launched its integration with the BitcoinSpinner mobile app, simplifying the purchase of bitcoins using a mobile app[3].
API
BitInstant provides an API that may be used to automate various tasks with their service. To connect to it you may use either XML-RPC or a RESTful protocol using JSON. For XML-RPC, please point your client at https://www.bitinstant.com/api/xmlrpc. For RESTful JSON, please point your client at https://www.bitinstant.com/api/json.
Documentation can be viewed on their API page
See Also
External Links
- BitInstant Website
- BitInstant FAQ
