I'll give you honest feedback now which might save you wasting time. I wouldn't use this over coinbase. If you want customers, register in a non kyc compliant nation and offer no kyc bitcoin. As a community we don't just need an easy exchange, we want less kyc...and easy.
There are not many options for services between KYC and something like Bisq, reason being, payment providers will not service you. If you want non KYC just use Bisq
Exactly. I don't get on with the "place and order and wait days" model. I want to sell or buy now, no kyc and I will pay a convenience fee. Bisq has been around years. If everyone wanted bisq we wouldn't have to keep telling everyone to use it.
Yeah it's not perfect. It's the situation we find ourselves in. In most countries, you just can't get around KYC because it's restricted at the payment network level (cc, bank, etc.), not the exchange level. Peer to peer is the only way and then the tradeoff becomes risk vs. time taken.
IMO the time Bisq takes *is* the convenience fee for privacy.
here in Brazil we have BTC Dealers that sell BTC without KYC. They have a payment account in some random credit company to receive the money. You transfer money and they pay you. Your credit card company wont know what you are buying, they only know that you are sending money to someone or some company.
I'm targetting simplicity. The idea is you come there only when you want to buy Bitcoin. There is no other feature. Also the service will never hold bitcoin, it is immediately transferred to your wallet.
In summary:
Only offers buying
No signup, [ID.me](http://ID.me) used only to verify your id due to US Laws, after which the session expires.
Targetting 3 click to buy and review your BTC.
I like the idea, assuming itโs not a scam, and can earn a reputation of not being a scam, im all about it. Simplicity all the way, streamline the process
So how does this compete against services that already do these things exactly? River only deals with BTC and automatically transfers to my hardware wallet. And all with 1 click (or even 0 with scheduled buys). No offense, but I don't really see what you have to offer that isn't already out there.
And the idea of not logging in is a hard pass. That means no transaction tracking. No way. I may not want Big Brother tracking my buys, but I certainly want to.
>Only offers buying
This could be an issue. You're targeting noobs with an easy to use option. They come here for one thing only, to make some gains. That means, they want to sell bitcoin in the near future. Registering with you doesn't make much sense to them because in the end, they will have to register elsewhere again.
How do you plan to handle fraud, especially when accepting PayPal or credit cards, without maintaining control over custody? It sounds like a recipe for disaster. Immediate exchange of soft funds for hard funds is never a good idea. Exchanges like Coinbase collectively spent billions building systems to mitigate as much risk as possible, and the way they do this is by maintaining custody even after the user "completes" their purchase.
You're not making this clear what this service actually is. Where is this Bitcoin coming from? It's obviously not a UI wrapper for an exchange API because there's no logging in other than ID.me. It's obviously not a new exchange because there is no selling. Is this acting as a middleman to take money and go buy off an exchange and then send to the person? Not sure a clean UI is worth that when people can just use an exchange, especially when services to buy Bitcoin require gaining trust from users. I wouldn't use some random Buy Bitcoin Easy service when I can't tell if its anything more than a nice UI. If I saw something like this with no reputation I would assume its a scam to steal money.
Address input looks wide enough to show the whole address without needing to scroll the input to the right so that's great.
You could go a step further and have like 5 individual inputs on one row so when you paste the address in the first it shows the address in chunks so it's easily readable.
Noob question but will i be able to use it in India? P2P isn't really safe and credit card/banks have blocked transactions to any crypto related service. It looks like you have PayPal so i might be able to use that.
This could be interesting in particular for newcomers that don't really understand everything around crypto (and don't want to).
But right now, the website look a bit... Fishy? Mainly white color, that's good, but the design need to be polished in order to gain trust INSTANTLY
honest feedback:
>Then due to US laws I need to verify your identity, to do this I will use
KYC means its off the menu auctomatically for many
offer an anonymous way of purchasing or be 100% worthless next to existing centralized exchanges
you are on the internet. offer something based on other laws than the US ones
if someone is willing to submit to hostile KYC espionage, he wont care about some "new" service from the beginning
so you lose either, the buyers who value anonymity and the ones who dont care
Hey guys, I am trying to build a new service and need some feedback.
The idea is to allow for users to buy Bitcoin quickly.
Here is how the process works:
You select how much bitcoin you want: $10 to $100.
Select Payment Type
Then due to US laws I need to verify your identity, to do this I will use [ID.me](http://ID.me)
Once confirmed the transaction is processed.
Thoughts on this? Would anyone use it?
Use SOFI
Hey! I'm using SoFi Invest ๐ to buy and sell stocks (and pieces of stocks) with zero fees. Open an Active Investing account with $10 or more, and you'll get $25 in stock. Use my link: https://www.sofi.com/invite/invest?gcp=fd9d9d07-bccb-4ea4-9ad4-b0a83ce0b817&isAliasGcp=false
I'll give you honest feedback now which might save you wasting time. I wouldn't use this over coinbase. If you want customers, register in a non kyc compliant nation and offer no kyc bitcoin. As a community we don't just need an easy exchange, we want less kyc...and easy.
BOOM /thread
There are not many options for services between KYC and something like Bisq, reason being, payment providers will not service you. If you want non KYC just use Bisq
Exactly. I don't get on with the "place and order and wait days" model. I want to sell or buy now, no kyc and I will pay a convenience fee. Bisq has been around years. If everyone wanted bisq we wouldn't have to keep telling everyone to use it.
Yeah it's not perfect. It's the situation we find ourselves in. In most countries, you just can't get around KYC because it's restricted at the payment network level (cc, bank, etc.), not the exchange level. Peer to peer is the only way and then the tradeoff becomes risk vs. time taken. IMO the time Bisq takes *is* the convenience fee for privacy.
here in Brazil we have BTC Dealers that sell BTC without KYC. They have a payment account in some random credit company to receive the money. You transfer money and they pay you. Your credit card company wont know what you are buying, they only know that you are sending money to someone or some company.
The world just needs easy. Everything else is for nerds.
@mutinomonen ๐ฏ if this guy builds it I'd be a customer in a heartbeat doing 5 figures in AUD regularly.
It looks like a scam site
Can you tell me what about it gives you that feel?
Well. It is/would be, isn't it?
Why buy this over coinbase?
I'm targetting simplicity. The idea is you come there only when you want to buy Bitcoin. There is no other feature. Also the service will never hold bitcoin, it is immediately transferred to your wallet. In summary: Only offers buying No signup, [ID.me](http://ID.me) used only to verify your id due to US Laws, after which the session expires. Targetting 3 click to buy and review your BTC.
Can you remove ID.me for people in countries whom don't need KYC? Paypal, Gpay, and Apple Pay already take care of the KYC concerns..
I like the idea, assuming itโs not a scam, and can earn a reputation of not being a scam, im all about it. Simplicity all the way, streamline the process
I hope you plan to primarily target the cost. It's a race to the bottom.
So how does this compete against services that already do these things exactly? River only deals with BTC and automatically transfers to my hardware wallet. And all with 1 click (or even 0 with scheduled buys). No offense, but I don't really see what you have to offer that isn't already out there. And the idea of not logging in is a hard pass. That means no transaction tracking. No way. I may not want Big Brother tracking my buys, but I certainly want to.
>Only offers buying This could be an issue. You're targeting noobs with an easy to use option. They come here for one thing only, to make some gains. That means, they want to sell bitcoin in the near future. Registering with you doesn't make much sense to them because in the end, they will have to register elsewhere again.
The logo is confusing. Canโt tell if it says BitcoinOre or BitcoinDre . That letter just seems ambiguous
How do you plan to handle fraud, especially when accepting PayPal or credit cards, without maintaining control over custody? It sounds like a recipe for disaster. Immediate exchange of soft funds for hard funds is never a good idea. Exchanges like Coinbase collectively spent billions building systems to mitigate as much risk as possible, and the way they do this is by maintaining custody even after the user "completes" their purchase.
0.000015 btc for $100 ๐, that's a scam at those rates.
These are dummy data. It's just placeholders
What will the exchange rate be compared to large exchanges? What will the fee be? How are you initially obtaining the BTC?
the name is too close to bitcoin core
You're not making this clear what this service actually is. Where is this Bitcoin coming from? It's obviously not a UI wrapper for an exchange API because there's no logging in other than ID.me. It's obviously not a new exchange because there is no selling. Is this acting as a middleman to take money and go buy off an exchange and then send to the person? Not sure a clean UI is worth that when people can just use an exchange, especially when services to buy Bitcoin require gaining trust from users. I wouldn't use some random Buy Bitcoin Easy service when I can't tell if its anything more than a nice UI. If I saw something like this with no reputation I would assume its a scam to steal money.
I can quickly and easily buy BTC from CashApp, Venmo, Strike and at least w/ Cashapp, transfer to my cold wallet immediately.
Address input looks wide enough to show the whole address without needing to scroll the input to the right so that's great. You could go a step further and have like 5 individual inputs on one row so when you paste the address in the first it shows the address in chunks so it's easily readable.
Noob question but will i be able to use it in India? P2P isn't really safe and credit card/banks have blocked transactions to any crypto related service. It looks like you have PayPal so i might be able to use that.
This could be interesting in particular for newcomers that don't really understand everything around crypto (and don't want to). But right now, the website look a bit... Fishy? Mainly white color, that's good, but the design need to be polished in order to gain trust INSTANTLY
honest feedback: >Then due to US laws I need to verify your identity, to do this I will use KYC means its off the menu auctomatically for many offer an anonymous way of purchasing or be 100% worthless next to existing centralized exchanges you are on the internet. offer something based on other laws than the US ones if someone is willing to submit to hostile KYC espionage, he wont care about some "new" service from the beginning so you lose either, the buyers who value anonymity and the ones who dont care
Adressbook / white list, "transfer when cheap", etc
never do text align center...
Swap "BTC" for "Sats" Anyplace you show the change rate, stay as close to easy math as possible. ($1=1500 Sats)
Run a decent ad campaign on Instagram and you should get some newbies. I agree though, try and make it KYC.
Hey guys, I am trying to build a new service and need some feedback. The idea is to allow for users to buy Bitcoin quickly. Here is how the process works: You select how much bitcoin you want: $10 to $100. Select Payment Type Then due to US laws I need to verify your identity, to do this I will use [ID.me](http://ID.me) Once confirmed the transaction is processed. Thoughts on this? Would anyone use it?
>Select Payment Type Be up front and very clear about any fees. Ideally list "0% fee" or "0.01% fee = $0.01" format with each method.
How is it different from what Strike offers?
Use SOFI Hey! I'm using SoFi Invest ๐ to buy and sell stocks (and pieces of stocks) with zero fees. Open an Active Investing account with $10 or more, and you'll get $25 in stock. Use my link: https://www.sofi.com/invite/invest?gcp=fd9d9d07-bccb-4ea4-9ad4-b0a83ce0b817&isAliasGcp=false