BitInstant
BitInstant is a new service that allows you to quickly and easily transfer funds into your online exchange account without delay.
It provides a means to rapidly topup your account at one of several bitcoin exchanges far faster than the usual methods.
Bitinstant makes most deposits happen instantly - within a matter of seconds in ideal cases, and in an absolute worst-case scenario they will still aim to have funds into your exchange account before a stated maximum deadline (on average about 30 minutes depending on various conditions).
Methods of Payment
U.S. - USD
- Cash deposit (7-11, Walmart, CVS, and Moneygram locations)
- Dwolla
- Redeemable code from MtGox, Bitstamp and BTC-E
Brazil - BRL
- Boleto
- Banco Rendimento
Russia - RUB
- Qiwi
- Cypberplat
Fund destinations (Pay to)
Fees & Rates
BitInstant dynamically calculates fees based on various factors, and start at 0.26%. Discounted rates may be available for certain high-volume traders through special arrangement, contact them for more details Their rates can be viewed on their Rates & Fees page, as well as on their homepage.
Customer Service
- Support request form
- E-mail: support@bitinstant.com
- General inquiries: info@bitinstant.com
- IRC:
- Server: irc.bitinstant.com
- Channel: #BitInstant
- or via Web.
History
The BitInstant Project was founded by two BitCoin traders Gareth Nelson and Charlie Shrem who saw the need for a quick, easy, and secure way of transferring funds to their Exchange accounts.
It was announced through the media on August 23, 2011[1].
BitInstant is based out of New York City with an office in the United Kingdom.
On April 16, 2012 the service began offering Coinapult as a destination option for the funds[2]. With Coinapult, BitInstant cash deposits are converted to bitcoins which are then claimed through e-mail or from a mobile phone (SMS / text message).
One June 5,2012 the service launched its integration with the BitcoinSpinner mobile app, simplifying the purchase of bitcoins using a mobile app[3].
API
BitInstant provides an API that may be used to automate various tasks with their service. To connect to it you may use either XML-RPC or a RESTful protocol using JSON. For XML-RPC, please point your client at https://www.bitinstant.com/api/xmlrpc. For RESTful JSON, please point your client at https://www.bitinstant.com/api/json.
Documentation can be viewed on their API page
See Also
External Links
- BitInstant Website
- BitInstant FAQ