Difference between revisions of "CoinPal"
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| − | '''CoinPal''' is an exchange that accepts [[PayPal]] for relatively small order sizes and a weekly limit on purchases. | + | '''CoinPal''' is an exchange that accepts [[PayPal]] for relatively small order sizes and a weekly limit on purchases. The site was first publicly available on December 31, 2010<ref>[http://www.bitcoin.org/smf/index.php?topic=2555.0 CoinPal beta - Buying bitcoins with PayPal]</ref>. On January 14th, 2010 CoinPal introduced an API that allows merchants and others seeking payment to use the service to accept micro-payments<ref>[http://www.bitcoin.org/smf/index.php?topic=2555.msg38148#msg38148 Re: CoinPal beta - Buying bitcoins with PayPal]</ref>. The operator of the site also operates [[CoinCard]] for [[selling bitcoins]]. |
| − | + | ==Weekly Limits== | |
| + | There is a limit on the number of bitcoins each customer can buy each week. This limit depends on the amount of time that has passed since the customer's first order. | ||
| + | |||
| + | {| class="wikitable" | ||
| + | |- | ||
| + | ! Minimum days since customer's first order | ||
| + | ! Weekly limit | ||
| + | |- | ||
| + | | 0 | ||
| + | | 20 | ||
| + | |- | ||
| + | | 7 | ||
| + | | 40 | ||
| + | |- | ||
| + | | 14 | ||
| + | | 60 | ||
| + | |- | ||
| + | | 45 | ||
| + | | 80 | ||
| + | |} | ||
Those trading on [[Bitcoin-otc|Bitcoin OTC]] can increase their weekly purchase limits by connecting CoinPal to the [[Bitcoin-otc|OTC web of trust]]<ref>[http://coinpal.ndrix.com/user/gpg Authenticate with a PGP Key]</ref>. | Those trading on [[Bitcoin-otc|Bitcoin OTC]] can increase their weekly purchase limits by connecting CoinPal to the [[Bitcoin-otc|OTC web of trust]]<ref>[http://coinpal.ndrix.com/user/gpg Authenticate with a PGP Key]</ref>. | ||
Revision as of 19:01, 2 April 2011
CoinPal is an exchange that accepts PayPal for relatively small order sizes and a weekly limit on purchases. The site was first publicly available on December 31, 2010[1]. On January 14th, 2010 CoinPal introduced an API that allows merchants and others seeking payment to use the service to accept micro-payments[2]. The operator of the site also operates CoinCard for selling bitcoins.
Weekly Limits
There is a limit on the number of bitcoins each customer can buy each week. This limit depends on the amount of time that has passed since the customer's first order.
| Minimum days since customer's first order | Weekly limit |
|---|---|
| 0 | 20 |
| 7 | 40 |
| 14 | 60 |
| 45 | 80 |
Those trading on Bitcoin OTC can increase their weekly purchase limits by connecting CoinPal to the OTC web of trust[3].
See Also
External Links
- CoinPal.ndrix.com web site
