CoinMx Review – Buy Bitcoins with a Credit Card or Cash!

July 2015 update: Coin.MX has suspended its business due to charges brought against the owners. CoinMX is one of the leading Bitcoin exchanges allowing you to purchase Bitcoins with a credit card today. I’ve heard a lot about it and decided to finally try it for myself. This review will describe my personal experience with the exchange as well as different opinions of other CoinMX customers I’ve managed to gather from the web. CoinMX is an american based Bitcoin exchange based in Dallas Texas. It was established in early 2013 and has been accepting customers worldwide since. The first thing I’ve noticed is that other than a physical location there are no individuals shown on the website who actually run the site. This always sets off an alarm for me as many of the scams I’ve encountered have this characteristic. However I’m not going to eliminate an exchange based on that alone. Verification is a bitch, but things go smoothly after.. Once you create an account on CoinMX you’ll need to verify your identity. Unlike other exchanges CoinMX asks you to shoot a video of yourself holding a government issued ID (e.g. passport). This was a pretty awkward moment in my life as I’ve never been requested to shoot a video for verification but I complied. It took about 2 days to get verified but I believe that if you email them right after submitting the video you can get it done in less than 12 hours. Once I got verified things went pretty smooth. Deposits were timely and withdrawals of Bitcoins were instant. I remind you NEVER to leave Bitcoins lying...

Buy and Sell Bitcoins within your area With LocalBitcoins

Are you looking to do a localbitcoins buy or sell today? Perhaps you want bitcoins today and don’t want to go through all the hassle of getting an account set up on an exchange with localbitcoins. Or perhaps you want the added privacy that comes with doing a localbitcoins buy or sell in person. Or maybe you just like the idea that bitcoins are a decentralized currency, and believe trading them should also be decentralized. “The easiest way I have found to do a local bitcoin buy or sell is through Local Bitcoins.” –Jeremy West, founder Full review. The pros and cons of a localbitcoin buy or sell with Localbitcoins The Pros: The layout of Local Bitcoins is quite easy. From the main page, you can simply type in your city, the amount you would like to purchase or sell, and the payment method you prefer. A list of local bitcoin buy or sell options in your area will be returned (in my case, more than thirty local options were returned). There are a number of different ways to do a local bitcoin buy or sell through Local Bitcoins. The easiest way is to simply go to this page, which will take you directly to people in your local area who have posted ads for a local bitcoin sale or this page which will take you directly to people in your local area who have posted ads for a local bitcoin buy. You can shop through these pages for the best prices or the best reviews, or people who are selling or buying in the most preferred way for you. There are many different kinds of...