Author Topic: AltQuick.co has introduced BTSX and BitUSD to USD. Buy and sell in USA  (Read 3730 times)

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Offline Gentso1

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Is their a cash deposit limit?

$10,000 per transaction so a pretty nice limit  8)

sounds good thank you and yes a very nice limit.

Offline champbronc2

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Offline luckybit

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Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco

For ease of use, services such as yours should be integrated into Bitshares X client.
Does anyone else agree with that?

https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads


Offline GaltReport

Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco


So I can take USD, deposit it into a bank account in person and you'll send me BTSX?

You will have to trust "someone" to send it to you I believe.  You will deposit money into "someone's" account, send them a copy of the receipt and they are "supposed" to send you your coin.  No escrow involved I believe.   I have heard of problems with this approach on reddit.  Can't remember the details though and whether it was on the selling side or buying side.
The risk is for the seller of the digital asset. It went something like this:
1) deposit money and get receipt
2) receive digital asset
3) go back to bank with receipt and get money back.

I haven't bought this way before but if you go to localbtc and read the ads it's clear this is what happens. I'll need to checkout this service to see how they mitigate that attack.
Yep, that was it!!  Somehow the depositor got the teller to return the deposit.  Allegedly.  Sounds crazy that someone (a non-account holder) could deposit funds, get their digital assets, and then come back and say they made a mistake and the teller then debits the account for the deposited funds!!
« Last Edit: August 29, 2014, 03:14:19 am by GaltReport »

Offline champbronc2

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Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco


So I can take USD, deposit it into a bank account in person and you'll send me BTSX?

You will have to trust "someone" to send it to you I believe.  You will deposit money into "someone's" account, send them a copy of the receipt and they are "supposed" to send you your coin.  No escrow involved I believe.   I have heard of problems with this approach on reddit.  Can't remember the details though and whether it was on the selling side or buying side.
The risk is for the seller of the digital asset. It went something like this:
1) deposit money and get receipt
2) receive digital asset
3) go back to bank with receipt and get money back.

I haven't bought this way before but if you go to localbtc and read the ads it's clear this is what happens. I'll need to checkout this service to see how they mitigate that attack.

We require photographic proof of the receipt with BitQuick.co written on it and a government issued ID to mitigate any fraudulent activity.

It is as easy as going to the bank, depositing cash, receive BTSX.

If someone has a high res. png X instead of the B, I'd be happy to replace it.

Offline Riverhead

Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco


So I can take USD, deposit it into a bank account in person and you'll send me BTSX?

You will have to trust "someone" to send it to you I believe.  You will deposit money into "someone's" account, send them a copy of the receipt and they are "supposed" to send you your coin.  No escrow involved I believe.   I have heard of problems with this approach on reddit.  Can't remember the details though and whether it was on the selling side or buying side.
The risk is for the seller of the digital asset. It went something like this:
1) deposit money and get receipt
2) receive digital asset
3) go back to bank with receipt and get money back.

I haven't bought this way before but if you go to localbtc and read the ads it's clear this is what happens. I'll need to checkout this service to see how they mitigate that attack.

Offline GaltReport

Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco


So I can take USD, deposit it into a bank account in person and you'll send me BTSX?

You will have to trust "someone" to send it to you I believe.  You will deposit money into "someone's" account, send them a copy of the receipt and they are "supposed" to send you your coin.  No escrow involved I believe.   I have heard of problems with this approach on reddit.  Can't remember the details though and whether it was on the selling side or buying side.


Offline yellowecho

696c6f766562726f776e696573

Offline Gentso1

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« Last Edit: August 29, 2014, 12:25:34 am by Gentso1 »

Offline tonyk

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Great!
Hope you have taken the step needed to not run in any legal trouble, and can continue to provide this service for all willing buyers and sellers.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline toast

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Can you replace the "b" icon with the "X" icon for BitSharesX?
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline toast

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Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline gamey

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Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco


So I can take USD, deposit it into a bank account in person and you'll send me BTSX?   
I speak for myself and only myself.