Bitcoin of America (www.bitcoinofamerica.org) is a virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN). Bitcoin of America specializes in buying and selling bitcoin, Ethereum, Litecoin and dogecoin for U.S. Dollars or other local currencies via wire transfer or electronic funds transfer such as ACH and SEPA transfers from any bank located in the United States to any bank outside the United States that will accept them.
A customer can wire payments, make payments at a store location, or use a Virtual Currency Kiosk and receive coins the same day. Bitcoin of America is one of many exchanges that will buy and sell bitcoin in exchange for other currencies. There are also different types of brokers who deal exclusively with bitcoins but they act as intermediaries so their prices may vary from those on an exchange like Bitcoin of America because there’s no need to convert into fiat currency ̶ it all happens within the crypto world itself (bitcoin).
The customer can also purchase and sell bitcoin at the price of any other exchange for that particular day. Bitcoin is a volatile currency, so prices vary considerably from one minute to another depending on market conditions but they are typically about ten percent higher than those on an exchange like Bitcoin of America since brokers need to make a profit too.
Bitcoin of America’s customers must be 18 years or older in order to buy bitcoins with PayPal and wire transfers such as ACH or SEPA; 16-year Old may still use debit cards (with parental consent). The company does not accept cash payments under $500 dollars USD ($600 CAD) per transaction; it does however offer Cash by Mail which charges additional fees processing up front for buying purposes. Bitcoin has some strong advantages over traditional money which makes it attractive to people looking for alternative investment strategies.
The price fluctuates based on market conditions but they are typically about ten percent higher than those on an exchange like Bitcoin of America since brokers need to make a profit too. We have been doing business online since 2013, providing a wide range of services including Bitcoin Mining, Exchanges, Merchant Services and Information.
Bitcoin is a virtual currency that was originally introduced on January 2009 as an open source software project by the pseudonymous developer Satoshi Nakamoto. The bitcoin system manages transactions and issues bitcoins in comparable to other currencies without being tied to any country or territory. The current market price for one bitcoin is $ 650 USD ($780 CAD).
The number of businesses accepting payments via Bitcoin has been steadily increasing over time; while today there are several thousand companies across multiple industries using bitcoin to reduce their costs and gain new customers around the world.
About 25 percent of our customer base purchases bitcoins from us with PayPal and wire transfers such as ACH or SEPA .Bitcoin of America is one of the most trusted and reliable Bitcoin exchange in Canada. We offer a convenient way to purchase bitcoins using your high-street bank account or credit card, along with other payment options that you won’t find anywhere else. We also provide safety measures for those who wish to use their bitcoin wallets without sharing any personal information such as name or address.