BitBargain: Difference between revisions
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==History== | |||
BitBargain.co.uk launched on December 26, 2012<ref>[http://bitcointalk.org/index.php?topic=133342.0 Bitcoin for GBP in the United Kingdom - Quick exchange]</ref>. | |||
===External Links=== | ===External Links=== |
Revision as of 20:46, 7 January 2013
BitBargain is a marketplace for bitcoin sales in the United Kingdom that facilitates fast and secure GBP to bitcoin transactions using instant payment methods such as bank transfers, Pingit or Ukash.
Offers
Sellers create offers. An offer includes an item (Bitcoin or Litecoin), a payment method (bank transfer, Pingit, Ukash) and some other settings (minimum, maximum amount per transaction, price formula, trust).
Buying process
No direct communication is established between buyer and seller. The buyer makes a request and the seller has a very short time to accept it (100 seconds currently). The buyer then gets the details necessary to make the payment. After receiving the payment, the seller releases the buyer's coins which are immediately moved to the buyer's BitBargain wallet, ready to be sent to any bitcoin address.
Trade speed
Countdowns, sound alerts and SMS notifications help every step of the way to speed up the trade.
Screenshots
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Buyer confirms amount and price
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Buyer makes the payment
History
BitBargain.co.uk launched on December 26, 2012[1].