BitQuick Review – buying bitcoins with cash

BitQuick Buy Bitcoin and Sell Bitcoin Instantly for Cash_4

BitQuick is a Bitcoin exchange that allows you to buy or sell bitcoins with cash money.

Ledger Nano S - The secure hardware wallet

To buy Bitcoin with a credit card, ATM or a wire transfer click here.

BitQuick is considered to be a trusted Bitcoin exchange (although it was hacked in March 2016).

BitQuick-Buy-Bitcoin-and-Sell-Bitcoin-Instantly-for-Cash_1-678x381 BitQuick Review - buying bitcoins with cash

Payment Methods Accepted
BitQuick accepts only Cash deposits. That means you will have to deposit the cash into the Bitcoin sellers account. Once the seller sees your deposit, he then release the bitcoins to your account on BitQuick.

Wire transfers, in-person account to account transfers, ACH transfers, check deposits, Wells Fargo Sure Pay, Chase QuickPay and any other unauthorized deposit methods are not be accepted.

Supported Countries
BitQuick is operating in 49 US states. New York is the only state not supported to the BitLicense.

Privacy
BitQuick requires an ID verification for the purchase of bitcoin, so it is a less anonymous method compared to other cash methods, such as LocalBitcoins.

Limits & Liquidity
BitQuick enforces no limits. Also, buy and sell offers are publically available on the order book.

Speed of execution
In most cases you can receive your coins within one hour of your payment.

Fees
Buyers fees are 2% for cash deposit purchases.
BitQuick does not charge sellers any fees. Also, If you are selling bitcoins you can often sell your coins for higher than market rate.

Customer Support
BitQuick has a good Customer Support via email, Twitter, and Facebook.

Click here to start using BitQuick

How to Buy Bitcoins on BitQuick

  • Select an order from the current order book.
  • Enter your email address and submit.
  • Pay the described sum in cash to the account shown on the confirmation page by going to any local branch of the sellers bank and filling out a deposit slip.
  • Upload the receipt to link that is provided in your email.
  • Coins will typically be sent within 3 hours of the funds being confirmed by the seller.

How to Sell Bitcoins on BitQuick

  • Fill out the sell form.
  • Deposit the necessary amount of Bitcoin (BTC) for sale into your personalized escrow address that is provided after you create your order.
  • Receive cash deposits from buyers on BitQuick.co instantly, and confirm these deposits with BitQuick.
  • An email will be sent automatically to remind you when a deposit is made.

Get your Bitcoin wallet

It is strongly advised not to store your cryptocurrency on an exchange, only on a dedicated wallet that you own. Here you can read more about what is a Bitcoin Wallet and here about the advantages of HD wallets.

Click here to start using BitQuick

To learn more on buying Bitcoin with a credit card, ATM or a wire transfer click here.

Don’t forget to get a wallet – Keep your coins safe!
BitQuick-Buy-Bitcoin-and-Sell-Bitcoin-Instantly-for-Cash_1-678x381 BitQuick Review - buying bitcoins with cashIt is strongly advised not to store your cryptocurrency on an exchange, only on a dedicated wallet that you own. Here you can read more about what is a Bitcoin Wallet.

Trezor Bitcoin wallet
Coinmama: Buy Bitcoins with Credit Card

Be the first to comment

Leave a Reply

Your email address will not be published.


*