Bitcoin is a consensus network that enables a new payment system using digital money. It is the first decentralized peer-to-peer payment network, powered by its users with no central authority or middlemen.
Virtual currency is becoming more popular by the minute. In fact, it seems that everyone wants in, yet it isn’t always so easy to get a hold of. For instance, the process of purchasing Bitcoins by bank transfer is a lengthy one, which in some cases can take days. Getting approval for your documents can also take a while, so until you actually get your order processed, it could take some time. BitcoinofAmerica.org is here to change that. We now offer the fastest way of purchasing virtual currency online using your Credit Card, Debit Card, Cash, Wire, and PayPal, so you can buy bitcoins 24/7!
Depending on your country of residence, you may not be able to use the functions of the site. It is your responsibility to follow those rules and laws in your country of residence and/or country from which you access this site and service. Unfortunately, due to changes in our policy, we cannot currently serve any customers outside US residents.
Yes, you can purchase Bitcoins with a Credit Card or a Debit Card.
With Bitcoinofamerica.org, you can buy Bitcoins with credit card, cash, wire, PayPal and Cash Deposits. However, we always prefer payment via wire transfers.
A Reference ID number or MTCN number is a unique number generated after you complete a payment via MoneyGram or Western Union. You have to update us with this number on step 3 in order to allow us to locate your transfer successfully.
If you would like to buy different amounts, please enter the amount in each box to complete your purchase.
As for now, we offer Bitcoins.
Check http://blockchain.com or www.blocktrail.com and copy and paste the TIN (Transaction Identification Number). You will be able to see the records of the coins sent to or from your address. You can also check www.blocktrail.com or any other site that offers bitcoin transactions, also known as TINs.
As part of BitcoinofAmerica.org’s policy to prevent money laundering, we request our clients to identify themselves. If we cannot identify you, we will not do business with you.
We do not save your credit card info, as we use a merchant account to collect your payments only.
Yes, only if you pay with a credit/debit card, and PayPal, there is a $100 per day per person limit. If you pay with cash, you can purchase up to $7,500 worth of bitcoins per month and for anything more, we use wire. Using wire transfer, you can make unlimited purchases. Moreover, we offer you a nice break on the rates, especially if you plan to purchase daily. We also give you the coins the same day usually, since we receive most wires the same day.
Courts and jurisdictions are divided on whether or not digital and virtual currencies are actual currencies. Accordingly, digital and virtual currencies may or may not be “money” and, therefore, not subject to anti-money laundering statutes.
We have developed and You agree to abide by Our anti-money laundering policy, designed to meet strict standards, including the existence of systems and controls to mitigate the risk to any person who accesses or uses the Service. This includes, but is not limited to:
Our Customer Identity Program (“CIP”) is an important part of our BSA/AML Program, and helps us detect suspicious activity in a timely manner, and prevent fraud. In accordance with this, in order to open an Account, Your identity must be verified, authenticated, and checked against government watch-lists, including the Office of Foreign Assets Control (“OFAC”). If You are an individual, prior to opening an account, We will collect, verify and authenticate the following information:
If You are an institutional customer, We will collect, verify and authenticate the following information:
We also file required reports (i.e. Suspicious Activity Reports) if we know, suspect, or have reason to suspect any malicious activities . A suspicious transaction is often one that is inconsistent with a customer’s known and legitimate business, personal activities, or personal means.
Our compliance department monitors transaction to help identify unusual patterns of customer activity. In addition, we have to report all currency transactions over a determined amount to the US government (i.e. FinCEN). Our compliance department maintains records and supporting documentation of all reports that we file.
We retain all records for five (5) years and are readily available upon official request by an applicable examiner, regulator, or law enforcement agency.