Bitcoin Nordic
| Industry | Bitcoin exchange |
| Founded | 2 April 2012 |
| Headquarters | Denmark |
Bitcoin Nordic was a Denmark-based bitcoin exchange that offered several fiat funding and withdrawal methods. The service was announced on 2 April 2012.[1]
History
At launch the exchange marketed Scandinavian credit-card purchases alongside bank and cash rails. On 30 May 2012 it discontinued credit-card purchases after its merchant processor, eWire, ended the relationship, citing Visa and Mastercard pressure.[2]
On 14 July 2012 the operator announced CashU support for purchases aimed at customers in the Middle East and North Africa.[3]
The exchange later discontinued services. The available historical record does not establish an exact closing date.
Former funding methods
While the exchange operated, purchase rails included:
- Bank wire: SEPA euro transfers from the EU, domestic Danish krone wires, and international USD wires to a Danish account
- Cash or cheque by mail in Denmark, or in-person deposit in Copenhagen by appointment, in currencies including EUR, DKK, USD, GBP, NOK, and SEK
- CashU card redemption
- UKash vouchers used to fund a CashU account
Sell-side settlement was described as PayPal or SEPA bank transfer after a sale priced from Mt. Gox less a fee, with the sell trade said to complete within 24 hours.