BTC.com Wallet Lets Users Buy BTC With Credit Cards

On January 17 BTC.com announced that wallet users can buy bitcoin in their digital wallet worldwide using credit cards
18 January 2018   813

BTC.com is a Bitcoin and BitcoinCash wallet, open-source and fully featured mining pool and a block explorer. The wallet has made an announcement stating that the users can now buy Bitcoin directly in their BTC.com wallet with a credit card.

To be able to buy Bitcoin the users should:

  • Create a new wallet or log in to their BTC.com wallet
  • Go to the Bitcoin section of the wallet.
  • Choose “Buy” in the menu.
  • To buy bitcoin with your credit card, select “Buy with Credit Card (Simplex)”
  • Choose the amount
  • Fill out the billing information
  • Enter credit card information to complete the purchase
  • Verify the identity

BTC.com instruction of buying BitcoinBTC.com instruction of buying Bitcoin with Credit Card

Currently, the minimum amount to buy is $50, or equivalent in BTC or EUR. At the moment, the credit card checkout is available for web wallet users via wallet.btc.com, and the team of BTC.com promised to release this feature for iOS/Android app users as well.

Moreover, it was stated in the announcement that buying Bitcoin Cash will be added in the near future.

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   114

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.