OKPay suspends payment processing to all Bitcoin exchanges

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Buying and selling bitcoins differs from country to country. Scroll down for a list of platforms by country. The introduction shows you what you need to consider when buying and okpay y bitcoin bitcoins and which okpay y bitcoin options you have. If you want to get started as quickly as possible you have two options.

If these options aren't feasible for you, read on. There are 3 ways to buy and sell bitcoins. Besides our list, these resources are helpful: To get started quickly we recommend Lykke where you can buy bitcoins with your credit card.

If you can't find your country in the list below please check out the three links above. Otherwise LocalBitcoins is a great choice in many countries that are not listed here. Bitstamp is accessible to everyone who can okpay y bitcoin a bank transfer to their bank account in Slovenia, regardless of the country of your okpay y bitcoin. In Asia okpay y bitcoin exchange Coincheck.

Contact Us Contact Us. Where can I buy and sell bitcoins? If you want to get started as quickly as possible you have two options Login to your Bitbond account and buy bitcoins with a simple Okpay y bitcoin wire transfer European bank account required Get the Lyyke app and buy bitcoins with a credit card credit card required If these options aren't feasible for you, read on.

There are 3 okpay y bitcoin to buy and sell bitcoins Brokers: It okpay y bitcoin usually faster than going through a marketplace or an exchange and the sign up process is easier. But often this also means a okpay y bitcoin higher fees.

Coinbase is the most prominent example of a large broker with a presence in 24 countries. LocalBitcoins is a good example for an international marketplace. The advantage of a marketplace is that cash can be a payment option. However, it usually takes a couple of days until the verification process is completed. If you don't want to wait for a few days, a broker is the better choice. If you want to buy larger volumes more frequently signing up with an exchange is worth the money saved.

Consider these 5 factors when you buy or sell bitcoins Speed: On exchanges the verification process can take a few days but transactions can be very quick. With brokers or marketplaces the initial sign up usually is fast but completing a trade can take a couple of hours or even a day or two. Don't fall for players that try to stay anonymous and don't publish the name of their company only for a slightly lower fee. Typically brokers are more convenient but also a bit more expensive than exchanges.

Before a transaction make sure you know which fees you are paying. Before you buy or sell bitcoins make sure to compare prices of different platforms in your country. Different prices are mainly the result of different market liquidity. If you use marketplaces like LocalBitcoins you can meet the seller in person and pay with cash. When you buy bitcoins online you need to okpay y bitcoin a bank transfer or pay by some other method. Therefore check first if you have access to one of the offered payment options.

Different payment options also have an impact on the fees you need to pay. Bitcoin price of the last 12 months on Bitstamp List of platforms by country where you can buy and sell bitcoins Besides our list, these resources are helpful: Buy Bitcoins Worldwide How to buy bitcoins in In Asia the exchange Coincheck is one of the most popular ones.

The "Type" column indicates whether the platform is a broker Ba marketplace M or an exchange E. Country Platform Type Buy?

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With mounting pressure on online money exchanges from US regulators, payments processor OKPay has announced that it is suspending processing for all Bitcoin exchanges, including industry leader Mt. OKPay itself has had precious little to say publicly about the decision, other than issuing a one-line statement on its website to the effect that it is in the process of suspending its Bitcoin activities. The headline on the notice says the suspension is temporary, but to hear Mt.

Gox tell it, it may be some time before OKPay resumes business with the Bitcoin community. Gox customers and the Bitcoin community are well-informed about this development," reads a statement posted to Mt. Gox's website on Tuesday. The company says that while it's not exactly sure when OKPay processing will be shut off completely, Mt.

Gox will "soon" stop accepting payments via OKPay, probably within the next couple of weeks. Gox to OKPay accounts will not be cut off, but the amount that can be withdrawn will be limited to the amount that the customer had deposited via OKPay; any remaining balance will have to be withdrawn using other means.

Gox has run into problems with one of its payment processors. Just where the Bitcoin market falls under US law is unclear, because the legality of Bitcoin transactions has yet to be tried in court and law enforcement has refused to comment on ongoing investigations, such as the Dwolla case. The US Commodity Futures Trading Commission has said it is investigating whether Bitcoin transactions should rightly be governed by its rules, but no determination has been announced as yet.

Still, there's increasing evidence that regulators' interest in the online payment industry is growing. While Liberty Reserve didn't have any direct connection to Bitcoin payment processing, many in the Bitcoin community worry that the incident is a signal that the government is increasing its scrutiny of alternative payment schemes and that Bitcoin could be its next target.

For its part, Mt. Gox aimed to put a positive spin on the OKPay news, suggesting that the whole situation will sort itself out eventually. Gox wishes the best to OKPay, and we look forward to working together more closely in the future," the company's statement explained. Minds Mastering Machines - Call for papers now open.

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