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    Author Topic: fund BIT-X account with credit card  (Read 2915 times)

    • btc2code (OP)
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    April 04, 2015, 10:06:51 AM
     #1
    I am interested in bit-x as they accept credit card for deposit. Is bit-x legit? Anyone could vouch? Anyone already did deposit through credit card? What is the fee?

  • Amph
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    April 04, 2015, 10:54:52 AM
     #2
    yeah they are legit don't worry, btw fee on deposit does not make sense(fee would come in this case only by your bank, if you deal in a different currencies, but as a far as i know bit-x don't charge any fee on deposit), there is only fee on withdrawal(about 120k satoshi right now)

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    April 04, 2015, 10:58:00 AM
     #3
    It hard to vouch for anyone these days but yes, they seem to be OK. Still, go slowly, invest a bit and if you like, increase it.
    For security, your account has been locked. Email acctcomp15@theymos.e4ward.com

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    April 04, 2015, 03:17:16 PM
     #4
    I have never deposited with a credit card but I would not hesitate to!

    BIT-X is a licensed forex participant. Their official exchange announcement thread can be found here: https://bt.irlbtc.com/view/874312.0
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com

  • rammy2k2
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    April 04, 2015, 07:36:16 PM
     #5
    yea, they are legit 100%

  • dezoel
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    April 05, 2015, 07:14:34 AM
     #6
    Quote from: btc2code on April 04, 2015, 10:06:51 AM
    I am interested in bit-x as they accept credit card for deposit. Is bit-x legit? Anyone could vouch? Anyone already did deposit through credit card? What is the fee?


    very legit, I have some transaction on their site and no problem found... Smiley
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  • btc2code (OP)
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    April 05, 2015, 12:36:04 PM
     #7
    Is credit card deposit instant? If not, how long does it take? Are Bitcoin withdrawals processed immediately like btc-e does?

  • Amph
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    April 05, 2015, 02:09:21 PM
     #8
    Quote from: btc2code on April 05, 2015, 12:36:04 PM
    Is credit card deposit instant? If not, how long does it take? Are Bitcoin withdrawals processed immediately like btc-e does?

    credit card deposit should be instant, as for bitcoin withdrawals, they are very fast too, tried several times, everything went smoothly in 5 mins

  • spinnel
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    April 05, 2015, 02:31:28 PM
     #9
    Quote from: Amph on April 05, 2015, 02:09:21 PM
    Quote from: btc2code on April 05, 2015, 12:36:04 PM
    Is credit card deposit instant? If not, how long does it take? Are Bitcoin withdrawals processed immediately like btc-e does?

    credit card deposit should be instant, as for bitcoin withdrawals, they are very fast too, tried several times, everything went smoothly in 5 mins

    Do they keep most of their funds in cold wallets and do they have multisig on their hot wallets?

  • marcotheminer
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    April 05, 2015, 03:39:29 PM
     #10
    Quote from: spinnel on April 05, 2015, 02:31:28 PM
    Quote from: Amph on April 05, 2015, 02:09:21 PM
    Quote from: btc2code on April 05, 2015, 12:36:04 PM
    Is credit card deposit instant? If not, how long does it take? Are Bitcoin withdrawals processed immediately like btc-e does?

    credit card deposit should be instant, as for bitcoin withdrawals, they are very fast too, tried several times, everything went smoothly in 5 mins

    Do they keep most of their funds in cold wallets and do they have multisig on their hot wallets?

    I believe they utilise both multi signature hot and cold wallets. I'll have an official response shortly.
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com

  • marcotheminer
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    April 06, 2015, 12:42:28 AM
     #11
    Quote from: spinnel on April 05, 2015, 02:31:28 PM
    Quote from: Amph on April 05, 2015, 02:09:21 PM
    Quote from: btc2code on April 05, 2015, 12:36:04 PM
    Is credit card deposit instant? If not, how long does it take? Are Bitcoin withdrawals processed immediately like btc-e does?

    credit card deposit should be instant, as for bitcoin withdrawals, they are very fast too, tried several times, everything went smoothly in 5 mins

    Do they keep most of their funds in cold wallets and do they have multisig on their hot wallets?

    Here's your official response:

    The majority of BIT-X's funds are held in multisignature true cold storage (never connected to the internet). A small portion (50 BTC or so, replenished with manual approval) of funds are held in multisignature hot wallets.
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com

  • btc2code (OP)
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    April 06, 2015, 01:49:31 PM
     #12
    I keep looking on the order book of bit-x.com in the past 30 hours. The ptice of bitfinex already moved 10+ USD in the smae time. However, I don't see any change in the order book of bit-x. It seems that there is no trade activities...

  • simpic
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    April 06, 2015, 08:36:16 PM
     #13
    How long does it take to being verified?
    Does it keep any fees on deposits made with credit card?
    Find out places where you can use Bitcoin: CoinMap 1.0 - Bitcoin Map (Android) - Bitcoin-OnOsm (add new shop/ATM) - QuiBitcoin (Italy)

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    April 06, 2015, 08:37:03 PM
     #14
    Quote from: btc2code on April 06, 2015, 01:49:31 PM
    I keep looking on the order book of bit-x.com in the past 30 hours. The ptice of bitfinex already moved 10+ USD in the smae time. However, I don't see any change in the order book of bit-x. It seems that there is no trade activities...

    Last time I checked, there were some large buy and sell walls. This could be the reason for the stability?
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com

  • marcotheminer
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    April 06, 2015, 08:40:04 PM
     #15
    Quote from: simpic on April 06, 2015, 08:36:16 PM
    How long does it take to being verified?
    Does it keep any fees on deposits made with credit card?

    Verification is usually approved within a few hours to a day.

    There are no fees on deposits made with your credit card.
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com

  • btc2code (OP)
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    April 07, 2015, 11:05:24 AM
     #16
    Bit-x.com is attractive to me for credit card deposit. But I am much worried for my ID documents submitted for verfication. How does bit-x.com protect customers' ID documents from not reused in other purpose. I have this concern because bit-x.com is new.

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    April 07, 2015, 12:46:23 PM
     #17
    Quote from: btc2code on April 07, 2015, 11:05:24 AM
    Bit-x.com is attractive to me for credit card deposit. But I am much worried for my ID documents submitted for verfication. How does bit-x.com protect customers' ID documents from not reused in other purpose. I have this concern because bit-x.com is new.

    me too,
    They must protect our ID document. Or they'll never have costumers, Smiley
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  • cryptojumper
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    April 08, 2015, 07:13:39 AM
     #18
    Quote from: dezoel on April 07, 2015, 12:46:23 PM
    Quote from: btc2code on April 07, 2015, 11:05:24 AM
    Bit-x.com is attractive to me for credit card deposit. But I am much worried for my ID documents submitted for verfication. How does bit-x.com protect customers' ID documents from not reused in other purpose. I have this concern because bit-x.com is new.

    me too,
    They must protect our ID document. Or they'll never have costumers, Smiley

    Me three, I would use a credit card to buy something there since they look to be legit, but why can't I just buy like anything else with my card. I don't have to upload my documents when I buy in other online store. Btw, do they accept skrill payments like virwox ?

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    April 08, 2015, 10:39:19 AM
     #19
    Quote from: cryptojumper on April 08, 2015, 07:13:39 AM
    Quote from: dezoel on April 07, 2015, 12:46:23 PM
    Quote from: btc2code on April 07, 2015, 11:05:24 AM
    Bit-x.com is attractive to me for credit card deposit. But I am much worried for my ID documents submitted for verfication. How does bit-x.com protect customers' ID documents from not reused in other purpose. I have this concern because bit-x.com is new.

    me too,
    They must protect our ID document. Or they'll never have costumers, Smiley

    Me three, I would use a credit card to buy something there since they look to be legit, but why can't I just buy like anything else with my card. I don't have to upload my documents when I buy in other online store. Btw, do they accept skrill payments like virwox ?

    Since BIT-X is a licensed platform, they must comply with AML and KYC laws & regulations. This includes verifying the identity of customers once certain amounts are traded or once certain deposit methods are used.
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com

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    April 08, 2015, 10:39:42 AM
     #20
    Quote from: btc2code on April 07, 2015, 11:05:24 AM
    Bit-x.com is attractive to me for credit card deposit. But I am much worried for my ID documents submitted for verfication. How does bit-x.com protect customers' ID documents from not reused in other purpose. I have this concern because bit-x.com is new.

    I'll have a response shortly.
    ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com
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