Is there an on the fly service to exchange physical currency for BTC for payment processing? [closed]


I don't know of any third parties that provide this service. I do know of a few (Example) that provide the opposite, where a customer has bitcoin, but the merchant will not accept it, however.

The problem here is that these customers (in your scenario) would be giving a credit card for payment. They have up to 30 days to claim the charges are fraudulent and unless you have some good proof that they are not, you will not get your money from them. In your example, they would be buying bitcoin with it, which would then be transferred to you, leaving this third party carrying all the risk. The only way I, personally, would run a business like this is with high fees to offset the high risk. You might at well just raise prices 2~4%. It's easier and is becoming more common for brick and mortar shops to do this for card purchases and not cash.

The difference with the reverse situation, where the customer has bitcoin and the merchant will not accept it, is that there is very...

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'Ello everyone. ^^ First off, I'd like to preface this by saying that I'm


a proficient (or even competent!) web programmer or anything like that. Just another BTC lover that loves sometimes conceptualizing things in my spare time. Hehe.

I do feel, though, that this idea is feasible; and since I have heard murmurings of people wondering how to make BTC a physical currency I thought I would throw my hat in the ring. THAT SAID, here's my idea.

The way this would work is there would be a website where one would deposit BTC, all of which would be held under a username of some sort (perhaps OpenID, which has seen some popularity recently?) until the end user decides to withdraw it.

At that point, a one-use code would be generated on the server's end and given to the user in the form of a graphic to print out (containing the randomly-generated code, a barcode with the same information to scan [QR codes would be very useful for this purpose], and most likely...

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Bitpay offers one of, if not the most comprehensive solution for merchants wishing to integrate a Bitcoin payment processor into their existing operations.

The company offers a wide range of 'plug-ins' for existing shopping cart software including Magenta, OpenCart, Zen Cart, X-Cart, Wordpress (Woocommerce, E-Commerce etc), Drupal Ubercart, and others. So if you have already got a store running with any of these then integrating Bitcoin payments is super-simple. If you are just starting out, then a partnership with Shopify allows you to create a new store that accepts BTC payments.

All merchants get access to a point of sale app so that you can take payments in a physical store using a phone or app, and anyone wanting a more comprehensive solution can take advantage of BitPay's integrations with Soft Touch POS systems.

Merchants using BitPay can choose to instantly convert all or part of their sales revenue into a range of fiat currencies including US Dollars,...

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There are many virtual currencies appearing on the market at the moment. The most well-known is probably Bitcoin, but there are many others as well. Some are getting a lot of press attention at the moment, some good and some bad, but it is useful for people to understand more about them and when they might find them useful. Bitcoin has been around since 2009 and allows people to trade online without having to use a payment processor such as a bank. The other virtual currencies work in the same way, but they have different exchange rates and operate from different countries in some cases. It is necessary to have an exchange platform where people can swap their real currency for a virtual currency and the other way round.

BTC-e is an example of a platform that can be used to do this. BTC-e works with Bitcoins and other virtual currencies as well as real money as a deposit collector. This means that it is possible to exchange your virtual currency using it. It works as a...

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Building the exchange software in-house: Gather a dedicated team of developers (friends, freelancers) to build (and maintain) your exchange software. Make sure that they understand how an exchange operates in general, how cryptocurrency and blockchain technology works, and that they implement the above-mentioned components.

From a programming language point of view, the choice of the proper language might also vary depending on which cryptocurrency you want to implement for your exchange (check out this post). Furthermore, make sure that your software is compatible with various payment processing platforms or banks to safeguard payment transactions within your exchange.

Most importantly (this is a no-brainer, but some people seem to have unrealistic expectations), you need to estimate the costs and time associated with developing, maintaining, and constantly upgrading the software in-house. Due to its inherent complex nature, developing an exchange software from...

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Appreciate if someone is helping you. Tip him. Reward users who help you. No begging for bitcoin satoshi/tips. You will be banned. No inappropriate language, keep it clean. This stands for FO's and Premium users as well. Do not spam the chatbox with links. You can post links to other faucets once per hour (NO ref links). DO NOT PROMOTE "CLOUD MINING", "PONZIES", "MAGIC BITCOIN DOUBLERS". They are all scams and you should stop kidding yourself. When posting any link do not post short links or any other method to obscure a site's link, always use the full URL. Promoting referral links in public chat is not allowed. If you do this, you will get chat banned for a day, for the first time. Second time will be 2 days, and will be increasing as you break the chat rules. Instead, what you can do is ask the person you want to send a referral link if you can PM him with a referral link. If he says yes, then PM...
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About our services - electronic currencies online exchanger that offers low comissions for various exchange directions. Via our online service you can always sell or buy e-currency at the best terms of exchange market. Do you need Bitcoin? You can buy it any time with Perfect Money, BTC-E, OKPAY, LiteCoin. You can also buy Bitcoin via Wire transfer. Do you want to sell Perfect Money? Via our money exchange service you can convert Perfect money to cryptocurrency, withdraw to Visa or Mastercard card of any world bank or receive via Western Money transfer.

Our website provides exchange services of Perfect Money, Visa/MasterCard, BTC-E, OKPAY, BitCoin, LiteCoin, Paypal, MoneyPolo, Alipay, China UnionPay for clients all over the world. Via our website you can also fund your Perfect Money, BTC-E, OKPAY, BitCoin e-currency account via International Wire transfer. is one of the best online currency exchangers on the market. We provide online exchange...

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Bitcoin Cash (BCH) balances will be credited by 8/14, for more information:

Posted by TheDjentleman at 2017-08-04 00:54:49

Our plans to handle potential BTC network disruptions:

Posted by ultim8um at 2017-07-27 15:56:11

To meet the increasing demands on support staff, the Trollbox has been disabled indefinitely and moderators have been reallocated to assist in support.

Posted by OldManKidd at 2017-06-07 06:10:17

Update: Improving Our Support Capacity

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Industry growth and its effect on Poloniex:

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Read about the August 1st chain split & Bitcoin-Cash new tokens.

When it comes to finding the best bitcoin exchange things are not all that easy. Why is this so? Simply because many of the best sites to buy bitcoin are rather recently online. This means that they have had little to get the word out about their services and products. Most people coming to this page will be asking how to buy bitcoin online through a secure means. Well, here is a good starting point. Let’s see how.

First thing to consider when looking for the top bitcoin exchange is how safe are the website and server. This boils down to asking: is it a trustworthy exchange providing transparent data of coins in cold storage (more on this later) and are customers happy? It’s also good to lookout for which currency pairs are available: are you looking to trade bitcoin for USD, Euros, or other fiat currencies. The location usually gives an idea of what’s on offer. However, the largest bitcoin sites usually...

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BitPay has relationships with many bitcoin exchanges around the world, but we only utilize exchanges which meet our operational and regulatory requirements. When calculating our exchange rates for BitPay invoices, we only incorporate rates of bitcoin exchanges which meet our regulatory, operational, and market depth requirements.

To calculate the exchange rate for US Dollars, we typically pull the market depth from an exchange with adequate liquidity and reliable withdrawal capabilities in the USA and Eurozone. We factor "slippage" into our exchange rates, which means that the larger the value of the invoice, the lower the exchange rate. Slippage is usually only noticeable on very large invoices.

We set exchange rates for non-USD currencies indirectly using the Open Exchange Rates API. In the future, as Bitcoin markets in non-USD currencies mature, BitPay will use those markets...

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As the Bitcoin market continues to grab the attention of economic entities and analysts all over the world, more and more unique applications provide unique outlets for expression and action using cryptocurrencies. With some analysts even predicting that Bitcoin will eventually become an internationally-recognized currency for all to use, it’s no mystery why new and innovative companies continue to put forward unique applications for the ever-growing form of payment.

Bitcoin Postage is one such organization. Seeking to capitalize on the growing number of entrepreneurs interested in centralizing their global transactions and business models using Bitcoin, Bitcoin Postage is a new service poised to revolutionize the way global consumers, and businesses, do mailings and orders. By allowing users to purchase postage and mail things using their service with Bitcoin, the site offers near complete anonymity—a quality which continues to be virtually unheard of, especially in the...

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OTC Exchange offers convenient low-fee escrow service and a marketplace to perform currency exchange operations between PayPal funds and Bitcoin. The escrow service is using automated verification procedures thus providing payment/funds delivery guarantee for both trading parties.

OTC Exchange marketplace does not require its members to maintain any kind of internal balance and employ deposit/withdrawal procedures. Funds are only kept by the marketplace till order fulfilment. Should order originator wish to close non-fulfilled or partially fulfilled order, correspondent Bitcoin amount is sent back to its respective owner. PayPal funds are not kept by the marketplace at all, they go directly member to member.

How It Works

OTC Exchange escrow service employs delivery confirmations and timeouts in its work process, which means that both seller and buyer parties are guaranteed to either have their funds delivered promptly or the deal being reversed...

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BitPay Atlanta GA, payment processor and merchant service API
CoinGate, Vilnius, Lithuania, Accept Bitcoin payments and receive payouts in Euros, U.S. Dollars or bitcoins. E-commerce plugins, API, Point of Sale app for Android / iOS / web, payment buttons.
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CoinPip Singapore, CoinPip enables businesses to send and receive digital payments
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CoinsBank United Kingdom, payment processor, exchange and card issuer.
Bitaps Russia, payment processor.
GoUrl Dominica, Official...

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Bitcoin exchange is carried out in special automated services. The process is intuitive and simple: enter amount and billing address Bitcoin and choose the payment system through which you want to withdraw Bitcoins. The service automatically generates a payment to a specified address of payments with the conversion of the internal rate.

There is one important point - any Bitcoin exchanger in some way tied to the rate of any exchange. Accordingly, if there is a connection to the exchange, the rate during the day can vary significantly. You can make savings by following the course, and choosing the right moment to make an exchange Bitcoin. Furthermore, there are systems that perform these operations, too. For example, Americans can use aggregator Coinbase. For exchanges, you can use the service offline LocalBitcoin. Webmoney purse WMX allows exchanging. All these services cover Bitcoin segments. Exchange, however, is less profitable in economic terms, rather than on...

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Will this method actually work ?

Probably yes. I’m saying probably because I have received a handful of emails from people who weren’t able to get their Bitcoins. having said that, from all of the people who didn’t get their coins I haven’t gotten one email stating their money wasn’t returned to them. So yes, the process is a bit irritating but I have been using this method since 2013 and it hasn’t failed me yet.

How much fees will be deducted from my deposit ?

This is probably the second most asked question I get. It’s important to understand that when you buy Bitcoins through Virwox you are actually conducting two transactions. USD to SLL and SLL to BTC. This means you’ll need to pay a fee for each of these transactions.

The problem is that Virwox’s fee structure is always changing that is why I advise to check each case in person before proceeding. There is a pretty cool site which shows you the current BTC/USD rate after all of Virwox’s fees. I’m...

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Favorable conditions for PM exchanging

"Perfect Money" is an electronic payment system, which was established to make all financial operations with the new level of quality and speed. It assumes low rates, a high security level and a responsive technical support.

We are proud to announce that our service is an official partner of PM, because this system has many advantages:

No need to download and install any complex software. Maximum security level and the safety guarantee for all funds in clients' accounts. Quick technical support. Easy and user-friendly interface.

Wide range of e-currency exchange directions

On our site you could exchange Perfect Money to almost every type of other e-cash. In particular, we present converting to Wire USD, Paxum EUR, Advanced Cash USD, BTC-e USD, Privat24 UAH, ePayments USD, OkPay USD, Qiwi RUB, Yandex Money RUB and Payza USD.

The discount system for regular users

We'd like to offer some discounts to...

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Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.

If you are new to Bitcoin, check out We Use Coins and You can also explore the Bitcoin Wiki:

How to buy bitcoins worldwide
Buying Reddit Gold with bitcoin

Will I earn money by mining bitcoin?

Security guide for beginners - (WIP)

Community guidelines

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person...
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There is no information on the BitClub Network website indicating who owns or runs the company.

The BitClub Network website domain (“”) was registered on the 22nd of July 2014, however the domain registration is set to private.

The BitClub Network website itself is being hosted out of the Netherlands, without more information however it’s not clear whether this is also where the owner(s) of the company are based out of.

As always, if a MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

The BitClub Network Product Line

BitClub Network has no retailable products or services.

Affiliates market membership to the company itself ($99) and then invest and encourage others to invest in three “mining pools”.

The BitClub Network Compensation Plan

The BitClub Network compensation plan revolves around affiliates investing in three “mining...

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