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Author Topic: HEADS UP: Bitinstant Allowing Bitcoins to be Purchased from 700,000 Locations  (Read 6344 times)

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Offline bitcoinforum.comTopic starter

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Charlie Shrem, CEO of http://www.Bitinstant.com is interviewed by Mark Edge about Bitcoins and Bitinstant.


Bitinstant Hints at New Contract Allowing Bitcoins to be Purchased from 700,000 Locations Including Wal-Mart and 7-11.

-x-x-x

Heads up! This is something really big.
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
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Offline Blazr

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I think this isn't the first big piece of news we're going to hear from BitInstant. Soon enough you may be able to use bitcoins to pay your phone bill/topup your prepaid phone via bitinstant.

newbielink:https://bitcointalk.org/index.php?topic=78254.msg874391#msg874391 [nonactive]

Offline bitcoinforum.comTopic starter

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> Yankee (BitInstant) - April 29, 2012, 06:56:00 PM
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I will be able to accept BTC for airtime within a few weeks with 100 Countries, 320 Mobile Operators
Amazing. I hope most of the South and Central America countries are included.
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Offline dodoking

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That's interesting.. So is there any update on if the wal-mart cards are going to go through?

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BitInstant Transfers $1.1 Million in April as the Bitcoin Economy Takes Off
http://www.thebitcointrader.com/2012/05/bitinstant-transfers-11-million-in.html
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
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Offline Blazr

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BitInstant Transfers $1.1 Million in April as the Bitcoin Economy Takes Off
newbielink:http://www.thebitcointrader.com/2012/05/bitinstant-transfers-11-million-in.html [nonactive]

All I can say is, wow!

I foresee an upcoming price rally.

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HEADS UP!

Bitinstant have announced today that they ENABLED cash deposits at USA, Brazil, and Russia.
Posted by Yankee (BitInstant) at https://bitcointalk.org/index.php?topic=83209.msg916636#msg916636

Quote
Greetings!

This morning, after much anticipation, BitInstant has launched in two new countries, and now enables
cash deposits at over 700,000 locations in USA, Brazil, and Russia (with Canada arriving in a couple
weeks as well).

Previously, cash deposits were only accepted at the four big banks here in the us (Chase, CitiBank,
Wells Fargo, and Bank of America). Now, in addition to the banks, you can make a cash deposit at the
following locations:

USA
Walmart
CVS
7-Eleven
[censored]
Thousands more local convenience, retail, & drug stores and money service locations

Brazil
Boleto Bancário (Boleto)
[These can be paid at ATM's, bank branches, post offices, lottery agents, and some supermarkets and
drug stores as well as via online banking!]

Russia
Qiwi Network
Cyberplat Network
[Both networks contain thousands of cash kiosks popular throughout Russia]

USA and Russia locations enable you to be credited within about an hour, and Brazil requires about 24
hours. The Brazilian Boleto system can be paid with the cash deposits or via Internet Banking .

In total, this now adds over 700,000 cash deposit locations in addition to the major banks where people
in these countries can buy Bitcoins with cash. Canada will be added within weeks, and other countries
will follow. We've been extremely excited about this new deal for months, and we're thrilled to be able
to finally share it with you all!

All deposits have a standard lower rate of 3.99% all around.

Visit BitInstant.com and give it a try!

Always a pleasure serving you!

Thanks,

The Team at Bitinstant
Support@bitinstant.com
1.716.712.4846
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
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