CoinCard: Difference between revisions

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Sgornick (talk | contribs)
m →‎See Also: Fix link for Buying bitcoins.
Sgornick (talk | contribs)
Remove option for cashing out to PayPal following the payment network's actions.
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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''' is an exchange where bitcoins can be traded for virtual prepaid cards.


Payment is delivered nearly instantly after payment has [[confirmation|confirmed]].  CoinCard uses 2 blocks as the confirmation threshold.
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>[http://www.bitcoin.org/smf/index.php?topic=3874.0 CoinCard - Buying PayPal $ and gift cards with Bitcoin]</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>.  On April 30, 2011 the exchanges 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 operator of the site also operates [[CoinPal]] for [[buying bitcoins]].
The operator of the site previously operated [[CoinPal]] for [[buying bitcoins]].


==Fees==
==Fees==


* PayPal: Amounts under $50, 3%.  Amounts $50 and over, $1 plus 1%.
* Domino's Gift Card: 1%
* Domino's Gift Card: 1%



Revision as of 01:36, 3 May 2011

CoinCard is an exchange where bitcoins can be traded for virtual prepaid cards.

Payment is delivered nearly instantly after payment has confirmed. CoinCard uses 2 blocks as the confirmation threshold.

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

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

Fees

  • Domino's Gift Card: 1%

See Also

External Links

References