BTC Buy: Difference between revisions

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Update to reflect suspension of product lines. Remove from category exchanges as that service is no longer provided.
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Sells prepaid virtual gift cards, and wireless refills in exchange for Bitcoins.
Formerly a seller of prepaid virtual gift cards, and wireless refills in exchange for Bitcoins.


==Gift cards==
The brands of gift cards cards offered, also referred to as prepaid debit cards, are:
* Amazon
* NewEgg
* Barnes & Noble
* ThinkGeek.com
* Sears (also redeemable at Kmart and Lands' End)
* drugstore.com (also redeemable at Beauty.com, and VisionDirect.com)
The price offered on BTC Buy is based on last price needed to realize $500 worth of bitcoin. Some cards have small surcharge (published on the site), some are sold at the current rate with no surcharge at all.
The site offers fast turnaround, with most orders filled within less than an hour, which makes it attractive to those who want to spend BTC without wait.
==Wireless Refills==
BTC Buy started offering refills on prepaid wireless plans on April, 2012. It is possible to purchase wireless refill PIN for the following cellphone providers:
* AT&T GoPhone
* Cricket PAYgo
* Page Plus Cellular
* Simple Mobile
* T-Mobile
* Virgin Mobile
* Verizon
* TracFone
* NET10
Wireless refills generally do not carry commissions, and often are discounted.


==History==
==History==


The site was launched on June 8, 2011<ref>[http://forum.bitcoin.org/index.php?topic=12506.0 BTC Buy (www.btcbuy.info): trade BTC for gift cards]</ref>.
The site was launched on June 8, 2011<ref>[http://forum.bitcoin.org/index.php?topic=12506.0 BTC Buy (www.btcbuy.info): trade BTC for gift cards]</ref>.
==See Also==


* [[Selling bitcoins]]
On April 3, 2013 the prepaid gift cards and wireless services were discontinued due to regulatory concerns.  The service will pivot to other goods that are not associated with transmission of money.


==External Links==


* [http://www.btcbuy.info BTC Buy] web site
* [http://www.btcbuy.info BTC Buy] web site
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==References==
==References==
<references />
<references />
[[Category:Exchanges]]

Revision as of 05:12, 4 April 2013

Formerly a seller of prepaid virtual gift cards, and wireless refills in exchange for Bitcoins.


History

The site was launched on June 8, 2011[1].

On April 3, 2013 the prepaid gift cards and wireless services were discontinued due to regulatory concerns. The service will pivot to other goods that are not associated with transmission of money.


References

  1. ↑ BTC Buy (www.btcbuy.info): trade BTC for gift cards
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