Difference between revisions of "Flexcoin"

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(Added logo and edited text)
(Less propaganda, more facts.)
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[[File:FlexcoinLogo.jpg]]<br />
 
[[File:FlexcoinLogo.jpg]]<br />
  
Flexcoin bills itself as the first real Bitcoin bank.
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Flexcoin is an [[EWallet]] run by Yooter InterActive Marketing in Pottsville, PA.
  
Run by Yooter InterActive Marketing in Pottsville, PA it allows for a central location for all bitcoin only transactions.
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Flexcoin differentiates itself from [[EWallet]](s) by providing a paid "discount" to account holders.  It generates revenue by charging small transaction fees on outgoing bitcoins but no fees are charged from flexcoin to flexcoin accounts.  These fees are for the most part forwarded back to the account holders via a "discount" payment.  (currently 70% of all flexcoin collected fees are forwarded back to account holders).
  
Flexcoin differentiates itself from [[EWallet]](s) by providing a paid discount to the account holders.  It generates revenue by charging small transaction fees on outgoing bitcoins but no fees are charged from flexcoin to flexcoin accounts.  These fees are for the most part forwarded back to the account holders via a discount payment.  (currently 70% of all flexcoin collected fees are forwarded back to account holders).
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Flexcoin has been running on an invite only process in June 2011,  invites were filled within minutes of releasing them.  
 
 
The bitcoin bank has been running on an invite only process in June 2011,  invites were filled within minutes of releasing them.  
 
 
Flexcoin went live on August 4th 2011 to the general public.
 
Flexcoin went live on August 4th 2011 to the general public.
  
Significant attention is focused on "obtaining the best ID possible" similar to a one word domain name as the ID can be used to transfer bitcoins. 
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Flexcoin offers users an alternative to Bitcoin addresses in the form of personalized addresses:
  
 
Example :   
 
Example :   
 
<br>
 
<br>
Before flexcoin: Pay for your coffee at bitcoin address 1555hjPG7pRwTHVMfukPvjXexQMHFE3qu6
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Bitcoin: Pay for your coffee at bitcoin address 1555hjPG7pRwTHVMfukPvjXexQMHFE3qu6
 
<br>
 
<br>
After flexcoin: Pay for your coffee with flexcoin id '''coffeeshop'''
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flexcoin: Pay for your coffee with flexcoin id '''coffeeshop'''
 
<br>
 
<br>
  
Another significant development is that transfers from ID to ID are instant, meaning no next block wait.
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As with most [[EWallet]]s, transfers within flexcoin are instant, meaning no next block wait.
  
It is one of the first bitcoin eWallets based in the United States and is the first to label itself as a "bank".
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It is one of the first bitcoin eWallets based in the United States and is the first to label itself as a "bank" (though not legally registered as a bank).
  
 
==External links==
 
==External links==

Revision as of 16:26, 27 August 2011

FlexcoinLogo.jpg

Flexcoin is an EWallet run by Yooter InterActive Marketing in Pottsville, PA.

Flexcoin differentiates itself from EWallet(s) by providing a paid "discount" to account holders. It generates revenue by charging small transaction fees on outgoing bitcoins but no fees are charged from flexcoin to flexcoin accounts. These fees are for the most part forwarded back to the account holders via a "discount" payment. (currently 70% of all flexcoin collected fees are forwarded back to account holders).

Flexcoin has been running on an invite only process in June 2011, invites were filled within minutes of releasing them. Flexcoin went live on August 4th 2011 to the general public.

Flexcoin offers users an alternative to Bitcoin addresses in the form of personalized addresses:

Example :
Bitcoin: Pay for your coffee at bitcoin address 1555hjPG7pRwTHVMfukPvjXexQMHFE3qu6
flexcoin: Pay for your coffee with flexcoin id coffeeshop

As with most EWallets, transfers within flexcoin are instant, meaning no next block wait.

It is one of the first bitcoin eWallets based in the United States and is the first to label itself as a "bank" (though not legally registered as a bank).

External links