BitQuick’s New Campaign

BitQuick is challenging USA and Europe to sell their bitcoins by using Bitquick.co.
‘We’re calling it the BitQuick challenge,’ says Founder Jad Mubaslat. ‘We’re so confident users will come back, that we’re giving away $10 or 0.03 BTC, whichever is greater, to the first 150 new sellers for the month of October and November. We’re also completely removing withdrawal fees for October and November. You now get paid to sell on BitQuick when you’re a new customer.’
After hearing this offer, I had a few questions for Jad that he gladly answered.
Why would I use Bitquick instead of Coinbase?
While institutional money continues to flow into the Bitcoin space and merchant adoption surges, mainstream adoption still lacks. Consumers have still been left with few options to get in and out of the Bitcoin economy quickly and safely. While there are retail options for consumers, such as Coinbase and Circle, they must wait multiple days and go through tedious verification procedures before being able to trade instantly, and even still there are strict limits to how much users can instantly trade.
With BitQuick, you do not have to set up an account, and buyers receive their coins within 3 hours after paying for their order and uploading a photo of their receipt. Sellers often receive money into their account the same day if their coins are priced reasonably close to current market rates. You also cannot buy or sell any bitcoin through Coinbase without a bank account. Buyers do not even need to have a bank account to buy coins with BitQuick. While our sellers do still need to provide a bank account number, we are now serving the masses of unbanked and underbanked buyers that were previously left with few viable options when it came to purchasing Bitcoin.

This post was published at Bitcoin Magazine on OCTOBER 28, 2014.