posted Mon, 08/08/2016 - 17:59
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Does anyone know where I can buy Bitcoin using American Express?
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Does anyone know where I can buy Bitcoin using American Express?
veriesxUse LibertyX. You go to a store that sells the pins, you pay cash and you get a pin that you redeem to your own personal wallet. Then you can send them to whoever. I think they charge 1.5% to redeem which is pretty cheap.
Advice from a BANNED member,.........
Just sayin.
AnonLocalbitcoin if you're wanting to do cash or some other type of payment in person or online. Prices are much more reasonable too.
https://paxful.com/
Anonpaxful is a good place to go if you're looking to be brutally raped.
Hey, I mean he asked via Amex. Localbitcoins would be cash. But yes, I understand.
AnonVery true. Most dealers on pax raise their rates 3x-4x the amount. It's ridiculous. I don't know how any of them stay in business
GnarkillI don't think a credit card will allow you to purchase bitcoins but I use circle app it was the only one that was simple for a tech illiterate tard like myself good luck
Did You have to provide them with a picture I.D. in order too purchase/buy from them ? They turned down my debit card funds purchase until I provide them with a Goverment issued I.D., I'm not too happy about giving them that. Anyone have any suggestions ?
GnarkillNo I didn't have to do that at all
Thank You for the reply. I tried buying the max of $300.00 for funds, Now I have them telling me to provide I.D. using a debit card. Not sure what to do now as I don't want to use western union or money gram anymore when purchasing from the vendors.
These places are required to verify your identity by law, Patriot Act - Know Your Customer (KYC). They need your ID because they can't verify your identity with the tools they have. If you want to use their services, you need to cough up your ID. Just don't be retarded with your account; don't leave payment notes and move your money to a different wallet, before a final purchase. For example, you buy the bitcoin at your exchange, then send the coins to your wallet off-site (ie. bitcoin.info) and finally to your source.
You're one of the most informative people I've ever seen on the forums
I appreciate the compliment. I'm all about sharing information.
Excellent info. Do You think it would be safe If I do provide them with I.D. ? Roughly 2-4 transactions a Year with the vendors on this site, $150.00-350.00 each transaction.Thanks for the info.
If it is coinbase or circle, provide your ID. It is the only way to use their services based on your identity. I have years of credit history. My profiles are already built. I rarely get this request.
Thanks. I'm sick of western union busting my chops, Especially the clerk when I give them cash and she's looking at me funny when I wire money, Last time they held my money for 5 Days before they sent it too a vendor. Thanks again !
GnarkillWhere I live all I had to do was download app and boom it works
Circle still verified your identity. They are required to do so. Just because you didn't send in any documentation doesn't mean they didn't identify you. They operate in the US. The same KYC law applies. There are companies that are solely dedicated to building profiles on everyone. An example would be LexisNexis.
Even your bank account you linked completed KYC requirements. You go and start doing suspicious activity, this all gets turned over to authorities. Granted, you have to be doing some heavy activity. That's why you read about stolen identities being used in criminal activity.
GnarkillShit nice to know thanks man
GnarkillPull your money back out and download a app called circle pay add your bank account number and routing number and use that u should never have to show I'd also with circle pay you can request a larger amount you can transfer from your account I can do like 5k or some shit a day
Excellent info. Thank You !!!
No, I haven't seen them as an option in four years.