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Circle Internet Financial has unveiled a new Bitcoin service that includes a digital wallet for securely storing Bitcoins. The company also offers Android and Apple iOS apps to manage the wallet as well as a web-based interface. Circle is a FREE service aimed at general consumers to allow them to seamlessly import traditional currency from a linked bank account or credit card and convert the funds to Bitcoins stored in a Circle Bitcoin account.

The consumer then can send and receive Bitcoins to and from anyone. Unlike most other Bitcoin services, Circle will even transfer money to and from your banking account at no charge! That makes Circle a very cost-effective method of buying, selling, and storing Bitcoins.

In short, Circle is looking to operate in a gap between the Bitcoin-savvy world and the traditional world. The biggest advantage of all appears when a Circle customer wishes to send money to or from someone in a foreign country.

Unlike banks, Western Union, and other traditional money transfer services, Circle does not charge fees to send money overseas. Circle is taking security seriously. The company says it has invested in military-grade hardware as well as in sophisticated multiple-signature architecture for authorizing transactions and cold-storage wallets.

It will also provide customers with free insurance from theft. All customer money will be held in reserve although not in segregated accountsand the business is regulated as a money transmitter. Bitcoin links to bank accounts and to credit cards. Most banks do not charge fees to transfer funds but Visa and MasterCard both charge cash advance fees to make deposits into another service, such as Circle. In most cases, it is better to make deposits from a linked bank account where you will not be charged cash advance fees.

Circle helps customers keep track of their Bitcoin holdings in order to comply with the IRS guidance issued this year that ruled Bitcoin is a commodity and subject to capital-gains taxes. Your current balance in the Circle account may be displayed either in Bitcoins or in a number of other currencies.

I chose to display my balance in both Bitcoins and in U. The funds are actually kept in Bitcoins and the balance that is to be displayed is calculated by using the current exchange rate.

I downloaded the Circle app for iPhone and quickly configured it. I have used several other Bitcoin apps before and the Circle app was loosely similar. I did have to provide my full name, address, email address, and cell phone number so that I could receive text messages concerning Circle deposits, withdrawals, and similar notices. I then linked my checking account by entering the account name, routing number, and account number.

A message appeared stating that two tiny deposits would be made to my checking account and that I would have to verify them once the deposits appeared in my checking account.

This is expected to require one to three business days. Not wanting to wait, I then transferred a small amount of Bitcoin from a different Bitcoin wallet I have to the new Bitcoin address created by Circle. The funds appeared in my Circle app within a few minutes. Funds can be sent to another person by scanning a QR code or by specifying a Bitcoin address or an email address. The funds are always sent in Bitcoins so it is up to the recipient to receive the funds and to convert the Bitcoins to his or her local currency, if desired.

Circle appears to be a well-thought-out application. I found it to be extremely extremely easy to use. Perhaps the best feature of all is the ability to send funds anywhere in the world free of charge. There are no transfer fees or currency exchange fees.

This makes it much, much cheaper than Western Union or bank transfers or purchasing checks written in foreign denominations. In fact, it is also cheaper than most other Bitcoin services. I plan to use Circle to make all future withdrawals from my checking account simply because there are no fees to do so. Once the funds are available within Circle, the Bitcoins can be transferred to any other Bitcoin wallet or used to make payments to anyone or any company that accepts Bitcoins.

I have no method of verifying the claims. However, I suspect that time and perhaps a few audits will eventually determine if the company can live up to its claims. Of course, the same is true of all other Bitcoin services.

If you wish to hide your Bitcoin transactions, Circle is probably a poor choice. You are commenting using your WordPress. You are commenting using your Twitter account.

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When it comes to finding the best bitcoin exchange things are not all that easy. Many of the best bitcoin exchanges to buy bitcoin are only recently online. This means that they have had little time to get the word out about their services and products.

Most people coming to this page will be asking how to buy bitcoin online through a secure means. Well, here is a good starting point. First thing to consider when looking for the best bitcoin exchange is how safe are the website and server. It is also a good to look for available currency pairs: The location usually gives an idea of what is on offer.

However, the largest bitcoin exchanges usually have many options for buying bitcoin with government issued currency and altcoins. Furthering that you can simply buy as a CFD through brokerage platforms. Although you should always do your own research before investing, below is the table of the best bitcoin exchanges to buy bitcoin online. Secure cryptocurrency exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with paypal, as many users request this feature.

Ranking preference is also given for sites to buy bitcoin with credit card. Check out each option on the following best bitcoin exchange list. Be sure to bookmark this page for future reference.

Each outstanding site should have detailed instructions. From here, one can easily figure out how to buy bitcoin with credit card, paypal, cash, bank transfers. Each will have an upside compared to others.

Check a few out and look up on forums to see what users are saying about the service provided, and which they think are the best Crypto Exchanges to buy bitcoin easily. The service is all over the world, meaning you can use euros, pounds, yen, australian dollars, swiss francs, canadian dollars, krona, rubles, lira, rupees and so on. If you pay by physical cash then you get to meet the person in real life. Alternatively you can do a fast bank transfer and the site will hold your coins in escrow for you once it goes through.

Obviously there are more simple ways to start using a crypto exchnages and bitcoin exchange and buy altcoins. Some like to buy with paypal, but not many leading bitcoin exchanges accept this because of chargebacks. Generally the biggest bitcoin exchanges to buy cryptocurrency will be toward the top of the above list.

Go to bitcoinity for a good list of all the best bitcoin exchange site to buy cryptocurrency and their proportional volumes. Some find this handy for arbitrage between markets.

Sadly, with the demise of Cryptsy there is a need for a new major first-rate cryptocurrency and Bitcoin exchange aka altcoins. Having many medium-sized cryptocurrency exchange bitcoin sites is a better situation than having one large amazing option. Bittrex new account creation temporarily disabled has now replaced Poloniex as the largest most amazing option to exchange bitcoin.

Its platform is functional enough to have attracted tens of millions of new customer every month. Things feel smooth when using Bittrex. All big and small trading pairs are offered and it is now possible to do cryptocurrency margin trading on major altcoins. This is a cool feature, but use it with caution as leveraged trading has a certain risk factor.

Keep in mind that some of the best bitcoin exchange sites also do altcoins. Yobit, Bittrex, Cryptopia and Changelly, are great options worth checking out. Some even offer short selling on major coins.

Alternatively, coinmarketcap offers a rather simplified list. This is an important question to ask when choosing the best place to buy bitcoin. Yes, putting the words trustworthy bitcoin exchange and the best place to buy bitcoin in the same sentence seems like an oxymoron, especially when remembering the shiny days of MtGox aka Empty-Gox. While the bitcoin protocol has never been hacked, many peripheral businesses have. Perhaps the best question to ask would be: Generally, those listed here are optimum and of good standing, but please proceed with caution.

Remember never to leave more btc online than you can afford to loose. Please come back to my blog and rate which ever finest site s you chose to buy BTC online. This helps future visitors immensely. CryptoGo is a 3rd party that will go through many different cryptocurrency exchanges and buy you the coin you wish — any coin available.

Basically a bitcoin broker or crypto broker. A big plus is that you can exchange fiat currency for any virtual currency, an extremely rare option in the current exchange range. They can also talk you through the proces of how to buy cryptocurrency. For a thorough look at this new platform, check out my in-depth analysis. With an extremely easy to use interface, it is a huge attraction for beginners who are looking to invest in crypto for the first time.

Buying crypto as a CFD is different to buying and owning the actual cryptocurrency, but does it really matter? We take a look at eToro in more detail. Leverage means you do not need to put the full position down. Although caution is advised when using leverage. Coinbase combine an attractive interface, a great site to get bitcoins with a debit card, and an insured online wallet for your digital currency.

Over 30,, users are signed up, including 75, merchants, and developer apps. Works well for European, and American customers. I've also written a comprehensive Coinbase review for more detail. The China-based cryptocurrency exchange began live trading in July , so is fairly new to the crypto exchange world.

However it has proven itself thus far to its clients, with its robust charting software and both basic and advanced interfaces attracting novice and expert traders.

We've written an in depth analysis of Binance. We've unlisted Bittrex from the ranking while new account registrations remain closed. I'll be re-listing the exchange once new sign-ups are allowed. Currently only corporate accounts are being accepted, which is not ideal for cryptocurrency exchanges. Bittrex has earned it's place as the new contender to the throne of world's largest crypto exchange.

Years of hard work and some lucky circumstances BTC-e shut-down, Poloniex exodus, Cryptsy have compounded a steady inflow of new users. It is a great place to trade bitcoin and other cryptocurrencies. I'll let you read the detail in my Bittrex review, which has some important facts and analysis. New account registration temporarily disabled to cope with demand. Cannot scale as well as Poloniex or Coinbase. Localbitcoins is quite a popular for p2p person to person transactions all over the world.

Simply put, you interact directly with the guy selling to you. Out of all the bitcoin sites listed here, this is one of the first and most reputed. Escrow and dispute resolution is provided by the site.

See my thorough review of Localbitcoins , I personally use it to cash out of positions quite often. Needless to say, CEX is very popular within those currency regions. There is a no-nonsense landing page, giving you the option to buy or sell , , , or USD worth of Bitcoin. I like the transparency given to users about how much they will actually pay - even before they sign up. CEX is indeed a good beginner-optimized alternative to Coinbase.

In late Kraken was temporarily unlisted here following extensive trading engine and UI issues. Thankfully, in January the website underwent a successful migration and all systems are now reported to be functioning to everyone's satisfaction. Kraken works well through SEPA, has an easy verification process expect weeks vetting with current backlog compared to Bitstamp, and is very knowledgeable when it come to cryptography and security.

As of early , this platform has been re-positioning themselves as a crypto exchange by adding multiple new altcoins. I've written an in-depth Kraken review with everything you need to know..

Recently disabled stop-loss and other trading features without giving explanation to the community. GDAX is a cryptocurrency exchange that is great for technical traders and offers high levels of liquidity. Deposits are in USD and can be processed just as rapidly as withdrawls. Also happens to be the best ethereum exchange for serious players in this space. For more information on GDAX.

Xcoins describes itself as a Bitcoin lending service that allows traders to get bitcoins by using a credit card or PayPal. Due to charge back with paypal, buying cryptocurrency has been difficult however Xcoins claims to have found a way around it.

Their unique peer-to-peer lending model connects lenders and borrowers and allows users to get bitcoins through a series of secure loans. Each secure loan can be paid with any PayPal-recognised payment method. Unlike regular cryptocurrency exchanges, borrowers that no longer want the bitcoin can get their money back. Lenders may also choose to join the platform for free. Reports suggest Bitstamp will be sold to a South Korean gamain company.