BitQuick has always offered people the ability to buy cryptocurrency quickly and easily. However, since closing AltQuick.co nearly 3 years ago, we have only offered the option to trade Bitcoin. We're glad to announce that we are now supporting multiple cryptos again; please welcome Bitcoin Cash to the platform!   How Does It Work?   Select your crypto. Starting out, you can now select your crypto via our Quick Buy form or via the filters on our buy page. You just need to click the  button and choose your crypto to buy:                           Note: We charge an additional 3% fee for BCH buys, which is included in the BTC/BCH exchange rate (we use Bitcoin Average's last price as…

  Próximamente, en Chile estaremos lanzando al mercado BitQuick bajo el nuevo nombre de Athena Mercado, servicio que conecta compradores y vendedores de Bitcoin de una manera rápida, fácil y segura. Se podrá operar persona a persona a través de depósitos bancarios en efectivo, algo que hasta el momento no era posible en la región. Tanto para la compra como para la venta el sitio funciona como garante para que el proceso se lleve a cabo de manera simple y segura para ambas partes. Quienes deseen comprar Bitcoin deberán depositar efectivo en la cuenta bancaria del vendedor. Luego estos compradores deben mandar una foto del recibo para que los vendedores verifiquen que la operación haya sido concretada y que los fondos sean recibidos correctamente. En ultima instancia los vendedores liberan…

  Due to the sharp increase in mining fees in late 2017 and early 2018, we decided to start charging a mining fee of 0.001 BTC last November.  After receiving feedback from our users and in light of the recent drop in mining fees, we have reduced our mining fee by 90%, from a minimum of 0.001 BTC to a minimum of 0.0001 BTC. We have also implemented a ceiling so that if the average mining fee of the last 30 days exceeds 0.0001 BTC, the fee will be that amount instead. Example: If mining fees increase and the 30 day average fee amount is 0.0002 BTC, the mining fee will be 0.0002 BTC.  We anticipate being able to implement Segwit by the end of 2018, which should ideally allow us…

  Throughout the past couple of years, certain banks have instituted policies that restrict who is allowed to deposit cash into personal bank accounts. This began with Chase Bank 4 years ago , and since then Bank of America and (most recently) Wells Fargo have followed suit.   Why Is This Happening? The aforementioned banks have likely rolled out this policy for two primary reasons: cash transactions can present compliance risks, especially for three of the largest banks in the US, and an increasingly robust digital economy and a myriad of available digit payment applications and services have rendered cash to be seen as somewhat antiquated from the perspective of the banks.   How Will This Affect BitQuick? Now that Wells Fargo, Chase Bank and Bank of America have rolled out…

  The BitQuick Affiliate Program went live just over 3 years ago, and has been incredibly successful to date.     We're thrilled to have had the opportunity to work with thousands of affiliates that have been paid for sending tens of thousands of customers our way. As a BitQuick affiliate, you are a member of the BitQuick (and Athena Bitcoin) family. This means that when you're accepted to our program, you are granted the opportunity to promote BitQuick and grow alongside us by earning money for your referrals. Interested in becoming an affiliate? Continue reading for a 101 on our program.   Commission Structure   As a BitQuick affiliate, once approved you will earn 1/4 of our 2% fee for each transaction made by a user that you refer…

  Since our launch in August of 2013, we've built our business on the foundation of offering a better, safer way to trade bitcoin peer-to-peer. Other peer-to-peer services are in essence the wild west of bitcoin trading, leaving buyers and sellers to their own devices and necessitating that they learn the ins and outs of trading on their own and rely on a reputation system. Over 4 years ago, BitQuick's founder Jad Mubaslat envisioned a better way to trade, and that vision is still maintained to this day under Athena Bitcoin's ownership and management. Continue reading to find out how BitQuick has your back in ways that other run-of-the-mill, DIY peer-to-peer services do not.   Preventing Scams Involving Third Parties Many common scams exist in the Bitcoin trading world. A…

On August 1st, 2017, a new blockchain split (or "forked") from the main Bitcoin blockchain creating a new, separate cryptocurrency called Bitcoin Cash (BCH). As we stated in our previous post, any BitQuick seller that had a Bitcoin escrow balance during the fork would receive an equivalent amount of the BCH. It's a new year now, and we're proud to announce that to date we've credited 92% of the BCH that were created in escrow as a result of the August 1st split.     If you're a seller that had Bitcoin in escrow on BitQuick during the fork and have not yet claimed your BCH, please email [email protected] with a BCH address and we will quickly have you taken care of. A couple of things to note:  Bitcoin Cash…

BitQuick has proudly serviced thousands of customers since 2013. In order to abide by regulations in the United States, it is required that we collect certain information from customers for KYC/AML purposes ("Know Your Customer" and "Anti-Money Laundering"). Thankfully at BitQuick, we make it easy for users to verify their info. If you are interested in being a buyer, we would recommend that you create your profile ahead of time via our buyer profile page. To fill out your profile, the first step is to visit your profile page and log in with your phone number (if you've never logged in before, an account will be created for you under the phone number that you use):     After logging in for the first time, you will need to fill…

  We are happy to introduce the official launch of our compliance API! Initially released in 2015, it allows state and federally regulated businesses to access customer data in order to remain compliant and fulfill their policy obligations.   An Evolving Landscape After gaining early traction, the concept of Bitcoin was initially met with skepticism by regulators worldwide, especially those in the United States. However, guidance has since been provided by many financial departments, with FinCEN in particular and a number of states in the USA releasing information about what activities in the cryptocurrency world fall under the category of money transmission / money services business according to their laws. In order to remain compliant under these laws, it is usually required that MSBs or Money Transmitters collect customer data…