THE BITCOIN EXCHANGE

NOW YOU CAN EXCHANGE BITCOINS FOR U.S. DOLLARS INSTANTLY!

HERE’S HOW IT WORKS:

1.) ENTER THE AMOUNT OF BITCOIN YOU WANT TO SELL ON THE TOP LINE.

2.) THE AMOUNT SHOWN ON THE BOTTOM LINE IS THE AMOUNT OF MONEY YOU WILL RECEIVE FOR THIS EXCHANGE.

3.) YOUR FUNDS ARE SENT TO YOU VIA WESTERN UNION OR BANK WIRE.

4.) TO COMPLETE THIS TRANSACTION YOU MUST DEPOSIT THE CORRECT AMOUNT OF BITCOIN TO THE TRUST WALLET BELOW.

Deposit Bitcoin To Trust Wallet.

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5.) ENTER YOUR NAME, BANK, ACCOUNT NUMBER, AND WIRE TRANSFER INSTRUCTIONS, TO RECEIVE PAYMENT IN U.S. DOLLARS.

ENTER YOUR RECEIVING INFORMATION BELOW TO COMPLETE THIS TRANSACTION :

WE WILL EMAIL YOU A COPY OF YOUR TRANSACTION RECEIPT AND CONFIRMATION WITHIN 30 MINUTES.

ALL TRANSACTIONS ARE STRICTLY CONFIDENTIAL.

THANK YOU SINCERELY, THE BITCOIN EXCHANGE SUCCESS TEAM.

INSTANT CASH FOR BITCOIN EXCHANGES OR TRADE BITCOIN FOR U.S. DOLLARS

ENTER THE AMOUNT OF U.S. DOLLARS YOU WANT TO RECEIVE ON THE BOTTOM LINE OF THE QUOTATION FORM. THE AMOUNT OF BITCOIN YOU NEED TO DEPOSIT WILL APPEAR ON THE TOP LINE.

TO COMPLETE THE TRANSACTION DEPOSIT THE CORRECT AMOUNT OF BITCOIN INTO THE TRUST WALLET. YOU WILL RECEIVE A TRANSACTION CONFIRMATION WITHIN 30 MINUTES.

YOUR FUNDS WILL BE AVAILABLE WORLDWIDE AT ANY WESTERN UNION OFFICES OR WILL BE WIRED DIRECTLY TO YOUR BANK ACCOUNT.

ENTER YOUR NAME, BANK, ACCOUNT NUMBER, AND BANK WIRE TRANSFER INSTRUCTIONS TO RECEIVE U.S. DOLLARS.

ENTER FULL NAME AND CONTACT DETAILS IN THE MESSAGE SECTION:

*TO CONFIRM TRANSACTION – PRESS SEND

YOU WILL RECEIVE AN EMAIL TRANSACTION CONFIRMATION WITHIN 30 MINUTES.

THANK YOU- THEBITCOINEXCHANGE.NET

YOU CAN SELL ANY AMOUNT OF BITCOIN OR ANY CRYPTOCURRENCY AND GET PAID IN U.S. DOLLARS OR ANY OTHER FIAT CURRENCY.

(PLEASE NOTE: WE ARE ABLE TO TRANSFER ANY CURRENCY TO ANY COUNTRY UP TO $10,000.00 U.S. DOLLARS PER TRANSACTION PER DAY. AN EXCHANGE FEE OF 2% WILL BE CHARGED ON ALL TRANSACTIONS.)

BY PRESSING SEND OR “CONFIRM TRANSACTION” YOU AGREE TO OUR TERMS OF SERVICE AND TO RECEIVE THE AMOUNTS SPECIFIED ABOVE IN SETTLEMENT OF THIS INSTANT EXCHANGE TRANSACTION.  In the event of Any Problem or Any Questions Please Contact Customer Support.

Please allow 30 minutes for transaction confirmation.

INSTANT BITCOIN EXCHANGE, THEBITCOINEXCHANGE.NET, The Bitcoin Exchange .Net

NEWS UPDATE: Bitcoin on the Rise

BITCOIN PRICE PREDICTIONS ARE TURNING POSITIVE AS CRYPTOCURRENCY MARKET CALMS DOWN.

A tumultuous few weeks for bitcoin may be coming to an end after cryptocurrency markets experienced an exceptionally quiet day of trading.

Over the last 24 hours, the price of bitcoin shifted by less than 1 per cent, as stabilising forces also saw ethereum and bitcoin cash move by a similarly fine margin.

Bitcoin settled at around the $9,600 – well below the $10,000 milestone that one cryptocurrency analyst recently described as the “new normal bottom” – following a flash crash that saw $10 billion wiped from its overall value in the space of just 30 minutes.

Despite this, many experts remained hopeful that bitcoin remains on an upward trajectory and could still go on to reach record highs before the end of the year.

One investor noted on Twitter that the recent price crash did not take bitcoin off its course of setting higher monthly lows since February 2019.

The price of bitcoin has trebled in price over the last seven months, though still remains a long way off its record high of close to $20,000, which it reached in December 2017.

Bitcoin’s volatile history in pictures
Show all 8
Satoshi Nakamoto creates the first bitcoin block in 2009
Bitcoin is used as a currency for the first time
Silk Road opens for business
The first bitcoin ATM appears
Simon Peters, an analyst at online trading platform eToro, explained that the recent dip may simply be as a result of a batch of bitcoin futures contracts that were set to expire.

“Chicago Mercantile Exchange Bitcoin futures contracts are set to expire tomorrow, which historically has prompted trading activity within the cash market,” he told The Independent.

No-deal Brexit ‘will see Bitcoin value hit record high’
“It’s possible that investors are selling off now to insulate themselves from greater losses in the coming days. Furthermore, this downward momentum has been exacerbated by low trading volumes over the last week, which has meant that a relatively small number of big trades have been able to move the needle sharply.”

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Several prominent figures within the cryptocurrency community have stood by their previous positive predictions, with cyber security pioneer John McAfee continuing to stand by his bold bet that bitcoin will hit $500,000 in 2020.

Such a claim seems modest when compared to other historic predictions. Computer scientist Hal Finney, who some believe may be the pseudonymous creator of bitcoin Satoshi Nakamoto, was perhaps the most bullish about bitcoin’s price potential.

One week after the first ever genesis block of bitcoin was created in January 2009, Finney published his thoughts on what the value of bitcoin would be if it went on to replace the US dollar as the main global currency.

“Imagine that bitcoin is successful and becomes the dominant payment system in use throughout the world,” he wrote.

“Then the total value of the currency should be equal to the total value of all the wealth in the world. Current estimates of total worldwide household wealth that I have found range from $100 trillion to $300 trillion. With 20 million [bitcoin], that gives each coin a value of about $10 million.”

BEST BITCOIN EXCHANGES

A List of The Best Bitcoin Exchanges

 THESE ARE THE BEST BITCOIN EXCHANGES:

BlockTrades.Org – REVIEW

  • High Liquidity
  • Instant Exchange
  • Newbie Friendly
  • Always Puts Customers First
  • No Account Needed
  • Anonymous
  • We Buy Bitcoins

No Deposit Fees:
No Withdrawal Fees:
No Trading Fees:
No Commissions:

No Brokerage Fees:

No Exchange Fees:

Ratings: Excellent

Futures Trading?No  Derivatives?No

Margin Trading? YES

Visit Website

Coinbase.com Review    

  • Professionally made website
  • Educational Materials (videos)
  • Easy verification process
  • Copy trading
  • Does not accept Bitcoin deposits/withdrawals
  • Limited cryptocurrency listings
  • No live chat

No

Deposit Fees:
NoneWithdrawal Fees:
YesTrading Fees:

Good

Futures?Yes Derivatives?No Margin Trading?Yes

Visit Website

Etoro.com Review  

  • Easy account creation
  • No minimum deposit
  • Awesome interactive website
  • Unregulated
  • Some negative reviews

No

Deposit Fees:
NoneWithdrawal Fees:
NoTrading Fees:
None

Excellent

Futures?No Derivatives?No Margin Trading?Yes

Visit Website

Simplefx.com Review    

  • Demo Mode
  • High trading volume
  • Hard Verification
  • Many user complaints
  • Fees are high

No

Deposit Fees:
YesWithdrawal Fees:Trading Fees:
0.1%

Excellent

Futures?No Derivatives?No Margin Trading?Yes

Visit Website

Hitbtc.com Review    

  • Support for numerous altcoins
  • Fast deposits and withdrawals
  • Competitive fees
  • Weak liquidity for some of the coins
  • No mobile apps

No

Deposit Fees:
YesWithdrawal Fees:
YesTrading Fees:
No

Good

Futures?No Derivatives?No Margin Trading?No

Visit Website

Livecoin.net Review   

  • Wide range of exchange options
  • Accepts Credit Cards
  • 2FA Security
  • High transaction fee of 0.5%
  • Negative comments from the community
  • Still a lot to prove (a fairly new company)

No

Deposit Fees:
NoneWithdrawal Fees:
NoneTrading Fees:
0.5%

Good

Futures?No Derivatives?No Margin Trading?No

Visit Website

Changelly.com Review  

  • Easy to get verified ( 2 factor authentication)
  • Accepts Credit Card and PayPal
  • 24 hr expected resolution through their help-desk
  • Referral program
  • Website is too plain (there are no charts and no transparency)
  • A good number of negative reviews about how they operate
  • Was hacked

Yes, around January 2017

Deposit Fees:
NoWithdrawal Fees:
YesTrading Fees:
PayPal processing fee of 2.9% + $0.30 on top of the loan amount and interest.

Good

Futures?No Derivatives?No Margin Trading?No

Visit Website

Xcoins.io Review  

  • Accepts US residents
  • Anonymous
  • Easy account creation
  • New to the market
  • Does not accept Fiat deposits
  • Could use more customer service channels

No

Deposit Fees:
NoWithdrawal Fees:
0.00001689 BTCTrading Fees:
Yes

Excellent

Futures?YesDerivatives?N/AMargin Trading?Yes

Visit Website

1fox.com Review   

  • Probably the fastest way to buy and sell BTC
  • Trading with cash
  • Higher fees
  • Need to go to the bank to make it happen
  • Site was offline for a month after an attack

Yes

Deposit Fees:
NoWithdrawal Fees:
NoTrading Fees:
0-2%

Good

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

BitQuick.co Review    LOTS OF ALTCOINS  

  • User-friendly Interface
  • Security -Yobi codes (deposit codes)
  • Free Coins
  • Negative reviews

No

Deposit Fees:
YesWithdrawal Fees:
YesTrading Fees:
0.2%

Excellent

Futures?Derivatives?NoMargin Trading?No

Visit Website

Yobit.net Review   

  • Accepts Fiat Currency Deposits
  • Physical Card
  • A lot of deposit options
  • Unregulated
  • Limited number of coins

No

Deposit Fees:
2%Withdrawal Fees:
2%Trading Fees:
0.43%

Excellent

Futures?Derivatives?YesMargin Trading?Yes

Visit Website

Bitbay.net Review  

  • Safe and decentralized trading
  • Arbitrators
  • 2-out-of-3 multisig security in trades
  • Wide selection of FIAT and Crypto Currencies
  • They need more aggressive advertising
  • More active development
  • They need to team up with other companies
  • High fees

No

Deposit Fees:
NoWithdrawal Fees:
YesTrading Fees:
0.001% – 0.009%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Bitsquare.io Review   8080

  • Easy to use website
  • Great features
  • Verification process is long
  • Focused on Argentinean market

No

Deposit Fees:
YesWithdrawal Fees:
$20Trading Fees:
2%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Satoshitango.com Review    HIGH VOLUME  

  • High USD liquidity
  • Low fees
  • Full package of order types, margin trading and lending market
  • Hack has been solved professionally and innovative
  • Not a transparent company
  • Reputation loss due to hack

Yes

Deposit Fees:
NoWithdrawal Fees:
No, except wire transfersTrading Fees:
0-0.2%

Good

Futures?NoDerivatives?NoMargin Trading?Yes

Visit Website

Bitfinex.com Review    

  • Competitive fees
  • Good security
  • Accepts many different FIAT currencies
  • Website could use some improvements
  • Doesn’t keep the pace with competition

No

Deposit Fees:
NoWithdrawal Fees:
Yes, 1% + 5 USDTrading Fees:
0.0 – 0.15%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

LakeBTC.com Review    

  • High trading volume
  • Horrible Support
  • Inflated Prices (up to 10% above the real price)
  • Verification process is demanding a lot
  • Lots of bad reviews

Yes, hacked in 2013

Deposit Fees:
YesWithdrawal Fees:
YesTrading Fees:
0.1-7%

Good

Futures?NoDerivatives?NoMargin Trading?Yes

Visit Website

Cex.io Review    

  • Private and fast
  • Easy to Use
  • Need to keep an eye for scams
  • Not suitable for large buyers
  • Now ID verification is required

No

Deposit Fees:
NoWithdrawal Fees:
NoTrading Fees:
1%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

LocalBitcoins.com Review  

  • Fast exchange
  • Two-factor authentication
  • Discounts for verified credit cards
  • High Bitcoin Premium

No

Deposit Fees:
NoWithdrawal Fees:
NoTrading Fees:
None

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Buysomebitcoins.com Review   

  • Good liquidity
  • Competitive fees
  • International market
  • Owned by Coinbase which is known for lack of privacy
  • Support could be way better

No

Deposit Fees:
NoWithdrawal Fees:
YesTrading Fees:
0.1 – 0.25%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Gdax.com Review   

  • Good reputation
  • High volume and liquidity
  • Connections in the industry grant it additional legitimacy
  • Easy to use and quick
  • Supports only BTC/FIAT trades
  • More negative comments in the recent past
  • Slightly higher fees if you are trading lower volumes

Yes, in January 2015

Deposit Fees:
NoWithdrawal Fees:
NoTrading Fees:
0,25% – 0,1%

Very Good

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Bitstamp.com Review   

  • Numerous deposit options, including PayPal
  • Multiple cryptocurrencies
  • Trustworthy and reliable
  • Low liquidity
  • No live chat support

No

Deposit Fees:
YesWithdrawal Fees:
YesTrading Fees:
0.45%

Good

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Cryptonit.net Review   

  • Fast transaction 
  • Community Involvement 
  • Website is straightforward 
  • Only Paypal
  • Very basic site

Deposit Fees:
NoWithdrawal Fees:
None, you pay their crypto price and that’s it, aside from PayPal charge.Trading Fees:
None, they sell high.

Good

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Wesellcrypto.com Review   

  • Easy account creation
  • Online and Offline payment options
  • Easy to operate platform
  • Fees are high (3-11.9%)
  • No leveraged trading
  • No App

No

Deposit Fees:
N/AWithdrawal Fees:
N/ATrading Fees:
3% – 11.9%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Bitit.io Review    

  • No fees for Chinese traders
  • Super-high liquidity
  • 24/7 phone support
  • Minimal information in English
  • Possibly faking trading volume

Yes, but nothing serious

Deposit Fees:
For Chinese users – no, for foreigners – yesWithdrawal Fees:
YesTrading Fees:
0.2%

Excellent

Futures?NoDerivatives?NoMargin Trading?Yes

Visit Website

Huobi.com Review    

  • Low fees
  • Excellent liquidity in EUR markets
  • Margin trading supported
  • Weak support for mobile platforms
  • No “advanced” orders (stoploss etc.)
  • Often has uptime problems when market gets hot
  • Volume lags a bit in BTC/USD

No

Deposit Fees:
Yes, in some casesWithdrawal Fees:
YesTrading Fees:
0.0 – 0.26%

Excellent

Futures?NoDerivatives?NoMargin Trading?Yes

Visit Website

Kraken.com Review    

  • Superb liquidity, often the best in the world
  • Many advanced trading options
  • Low fees
  • Sometimes foreign traders have problems with verification
  • Chinese Exchange (PBoC)

No

Deposit Fees:
In most cases noWithdrawal Fees:
YesTrading Fees:
0.10 – 0.20%

Excellent

Futures?YesDerivatives?NoMargin Trading?Yes

Visit Website

OKCoin.com Review   

  • Federally regulated
  • Available in all 50 states of USA
  • Good liquidity and competitive fees
  • Keeps BTC in cold storage, backed by audited reserve minimum
  • No mobile apps
  • No margin trading and short selling
  • No ACH transfers

No

Deposit Fees:
YesWithdrawal Fees:
YesTrading Fees:
0.20%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Itbit.com Review   

  • Competitive fees
  • Free deposits
  • Great support
  • Low liquidity
  • Doesn’t support mobile devices

No

Deposit Fees:
NoWithdrawal Fees:
YesTrading Fees:
0.29% flat

Good

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

BitKonan.com Review   

  • Wire Transfer accepted
  • Wallet service
  • Easy account creation (supports multiple countries)
  • A lot of features
  • High trading fees
  • Focuses on BTC

No

Deposit Fees:
N/AWithdrawal Fees:
N/ATrading Fees:
0.50%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Singapore.belfrics.com Review   

  • Accepts crypto deposits and fiat
  • User-friendly website
  • Competitive fees
  • Unregulated
  • Negative remarks about creating an account

No

Deposit Fees:
$10Withdrawal Fees:
up to $20.00Trading Fees:
None

Excellent

Futures?NoDerivatives?NoMargin Trading?Yes

Visit Website

Coinfloor.co.uk Review  

  • Accepts BTC and Fiat deposits
  • Awesome website design
  • Account verification is a pain
  • Translation Issues with pages

No

Deposit Fees:
$10Withdrawal Fees:
$10Trading Fees:
0.5%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Bitex.la Review   

  • Easy account creation
  • BTC oriented exchange
  • Anonymous trading
  • Only accepts BTC payments
  • Exchange rates are very expensive

No

Deposit Fees:
NoneWithdrawal Fees:
0.0001 BTCTrading Fees:
0.4% up to 0.6%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Coinsecure.in Review   

  • Intuitive website
  • No deposit/withdrawal fees
  • Crazy account creation (limited countries accepted)
  • High trading fees
  • Needs more coverage (countries accepted)

No

Deposit Fees:
NoWithdrawal Fees:
NoTrading Fees:
0.25%

Excellent

Futures?NoDerivatives?NoMargin Trading?

Visit Website

Gemini.com Review   

  • Exchange and wallet service
  • Virtual wallet with MasterCard
  • Regulated
  • Not anonymous
  • Fees are expensive

No

Deposit Fees:
YesWithdrawal Fees:
$2.99Trading Fees:
0.65%

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Uphold.com Review   

  • Offline transactions
  • No registration needed
  • Fast exchange of hands
  • Unregulated
  • Physical transactions
  • Not anonymous

No

Deposit Fees:
N/AWithdrawal Fees:
N/ATrading Fees:
N/A

Excellent

Futures?NoDerivatives?NoMargin Trading?No

Visit Website

Ptycoin.com Review   

Best USD / Bitcoin Exchanges

Brief History of USD/BTC trading pair

The story of bitcoin has started in 2009. Satoshi Nakamoto, the father of all cryptocurrencies have integrated many different existing ideas to create a new digital asset. After mining the first bitcoins, the value of BTC was first set by two individuals on a Bitcoin Talk thread in 2010. During the transaction, user Laszlo just paid 10000BTC for two Papa John’s pizza in Florida. At that time the 10000BTC worth about 40 USD. Things have changed rapidly ever since then, as one single bitcoin price has just recently hit the all time high value of 3000 USD.

USD was the first currency that users were able to convert bitcoins into. The USD denominated bitcoin market has a daily trading volume of 152000 BTC per day, which accounts for almost 25% of the market. The total market capitalization of bitcoin is equal to the total number of BTC mined which is 16 million times the current bitcoin price. This market capitalization has recently hit the all time high of 50 billion USD when bitcoin prices were on the peak.

The currency of USD is used worldwide, not just in the United States. Seven additional countries have adopted USD as a national currency and 89 more keep their local currency trading tight relative to USD. Many times USD is referred to as global reserve currency. The popularity of USD increased after the WWII when most countries switched to hold their reserves from gold standard to USD through the Bretton Woods agreement. The relative strength of the US economy supports the value of its currency. The current annual US inflation rate is 1.6% and it has been below 4% in the past 20 years.

Exchange USD to Bitcoin

Exchanging USD to bitcoin and selling bitcoin for USD is very easy on the cryptocurrency market. Almost all trading platforms offer the solution to trade USD fiat currency against bitcoin.

You can buy bitcoins using the USD balance of your credit card or bank account. It is also possible to purchase bitcoins for USD from your PayPal account, but you can use couple of other alternative payment providers, such as Skrill, Neteller or OKPay. All of them lets you to fund your account with USD or sell bitcoins for USD.

USD/BTC Country Specific Regulation: Bitcoin in United States

The United States is often criticized for falling behind in the bitcoin regulation compared to other countries. This is because, for many years, the US government and agencies were reluctant to state their position on bitcoin. In the past, bitcoin has been perceived as a currency used by criminals on the dark web mainly due to the pseudo-anonymity feature. However in the recent years, as bitcoin gained bigger and bigger popularity, this negative tag has been disassociated from bitcoin. The governments no longer see bitcoin as a vehicle for money laundering. The FED stated in 2014 that Bitcoin does not present a threat to economic activity.

The regulatory landscape in the US is now more definedthan ever in 2017. As of January 1st, 2017 there are now 13 states with have clearly defined positions in regards to the blockchain and digital currency industry. The other states just remained in the gray area. Due to the stricter than average money transmitting regulation in the United States, the bitcoin service providers have limited capabilities.

The regulation and taxation of Bitcoin changes by each state in the United States. Bitcoin friendly states include Texas, Kansas, Tennesse. Texas was the first to release their official position that selling bitcoin does not require a money transmitting license. South Carolina and Montana do not have money transmission laws or regulation on bitcoin. On the other side of the coin, the most hostile states for bitcoin include Hawaii and New Mexico, where it is explicitly required to have a money transmitting license in order to trade with bitcoin and cryptocurrencies.

Cryptocurrencies are considered as virtual currencies by the IRS which are treated as property thus required to be taxed for gains and losses.

PRICE OF BITCOIN IN U.S. DOLLARS