CoinCard: Difference between revisions

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CoinCard no longer operating.
 
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'''CoinCard''' is an exchange where bitcoins can be sold with payment received through [[PayPal]] or from a virtual prepaid debit card (gift card).
'''CoinCard''' was an exchange where bitcoins were traded for virtual prepaid cards.


Payment is delivered nearly instantly after payment has [[confirmation|confirmed]].  CoinCard uses 2 blocks as the confirmation threshold.
The site was first publicly available on Feburary 25, 2011<ref>[https://bitcointalk.org/index.php?topic=3874.0 CoinCard - Buying PayPal $ and gift cards with Bitcoin]</ref>.  On April 30, 2011 the exchange's operator stopped cashing out to PayPal after the payment network froze the exchange's PayPal account<ref>[http://www.bitcoin.org/smf/index.php?topic=2555.msg101084#msg101084 CoinPal beta - Buying bitcoins with PayPal]</ref>.   


The site was first publicly available on Feburary 25, 2011<ref>[http://www.bitcoin.org/smf/index.php?topic=3874.0 CoinCard - Buying PayPal $ and gift cards with Bitcoin]</ref>.  
The site resumed service on December 20, 2011<ref>[https://bitcointalk.org/index.php?topic=3874.msg656464#msg656464 Reopen announcement]</ref>.


The operator of the site also operates [[CoinPal]] for [[buying bitcoins]].
On September 4, 2012, the operator closed it permanently<ref>[http://bitcointalk.org/index.php?topic=3874.msg1159828#msg1159828 CoinCard - Buying Amazon $ and gift cards with Bitcoin - CLOSED]</ref>.


==Fees==
The operator of the site previously operated [[CoinPal]] for [[buying bitcoins]].
 
* PayPal: Amounts under $50, 3%. Amounts $50 and over, $1 plus 1%.
* Domino's Gift Card: 1%


==See Also==
==See Also==


* [[Selling bitcoins]]
* [[Selling bitcoins]]
 
* [[Buying bitcoins]]
==External Links==
 
* [http://coincard.ndrix.com CoinCard.ndrix.com] web site


==References==
==References==
<references />
<references />
[[Category:Exchanges]]

Latest revision as of 00:01, 7 September 2012

CoinCard was an exchange where bitcoins were traded for virtual prepaid cards.

The site was first publicly available on Feburary 25, 2011[1]. On April 30, 2011 the exchange's operator stopped cashing out to PayPal after the payment network froze the exchange's PayPal account[2].

The site resumed service on December 20, 2011[3].

On September 4, 2012, the operator closed it permanently[4].

The operator of the site previously operated CoinPal for buying bitcoins.

See Also

References