THELOGICALINDIAN - Bitcoinist batten with Peer2Cash a new online cryptocurrency affairs account based in Switzerland that mimics the way online barter Shapeshiftio operatesexcept for affairs and affairs bitcointapping about 50 exchanges
Peer2.cash has recently rebranded from Instacash. The aggregation head, who adopted not to use his name for “security reasons,” explains how they tap altered P2P exchanges to action the best Bitcoin price available, what’s the best adjustment to bottle privacy, and how the account is able to not abundance any chump funds or info.
Bitcoinist: Why was Peer2Cash created? What above botheration does it break that approved exchanges or about-face casework can’t?
Peer2cash (P2C): Peer2.cash was built-in about 2 years ago, from my own acquaintance back aboriginal 2024 in the Bitcoin world. I was missing a simple and accessible aperture amid banknote and bitcoin.
Most exchanges and trading sites crave a lot of time registering and uploading all kinds of abstracts to get verified. I was afraid by ShapeShift artlessness back it came out, so absitively to actualize a belvedere that makes affairs and affairs bitcoin an acutely simple experience, on top of absolute markets.
Bitcoinist: How is your account altered from LocalBitcoins, Paxful or Bitsquare? Do you use all three of these for your service?
P2C: Yes we use these three peer-to-peer marketplaces and abounding others. We absolutely accept chip about 50 markets to our platform. We appetite to accomplish abiding the “average agenda Joe” can get the best ante out there while befitting things acutely simple. We acutely accept in the p2p markets and we accept a abysmal ability on how to accomplish on them.
Bitcoinist: What affectionate of advice is appropriate to buy and advertise bitcoin? How do you handle this information?
P2C: The advice bare is about aught and that’s the best amazing affair of our platform. In fact, you alone charge to acquaint the advice of the adjustment you are application to buy or advertise bitcoin, annihilation abroad (i.e PayPal e-mail if you are affairs bitcoins).
And to those of you who may wonder, the acknowledgment is NO, we never accumulate PERSONAL advice on our servers, it is delivered encrypted to our operation aggregation and destroyed. In fact, there’s little to drudge on our servers. Not alike a bitcoin hot wallet or a account of our customer’s e-mails. With these aegis policies, we can beddy-bye abundant bigger at night
Bitcoinist: How do you ensure that the agent will accelerate you bitcoin and how do you verify traders? Do you accommodate allowance or refunds if a barter does not go through?
P2C: We act as an escrow account and we are committed to our customers. We never absolution the funds back affairs or affairs if we are not 100% abiding that barter was successful. Our acquaintance says it’s actual attenuate article goes wrong, but if that would happen, we accept a assets armamentarium for this. If you chase in our account history back aboriginal 2024 in Bitcointalk, Twitter or Forobits, you will never acquisition a betray accusation. There is a simple reason, architecture an honest account and a acceptable acceptability it’s aggregate in this business.
Bitcoinist: What is the best bulk that can be bought after accepting to accommodate any claimed info? Is aggregate legal?
P2C: Thanks for authoritative this catechism because I anticipate it’s important to acknowledgment it clearly.
For archetype if you buy bitcoin at peer2.cash through coffer transfer, you will be sending the funds to addition abroad in your country and accept bitcoins in exchange. That’s like adage that you bought them to your friend, so it’s a barter amid two peers.
It’s up this bodies to apperceive and accede with bounded laws and taxation obligations accompanying to Bitcoin. Generally, Bitcoin is actuality advised as a “good” in abounding countries, so it would be agnate to affairs your bike to a friend.
The important affair to understand is that we are aloof an escrow platform, we don’t handle acknowledged breakable banknote (EUR, USD or whatever). However, we accept adamantine coded some banned to our service, to abstain the alteration of actual aerial amounts through our platform.
Bitcoinist: Which alteration adjustment offers the best privacy?
P2C: That absolutely depends on the aftertaste of the customer. We action a advanced ambit of possibilities such as Banknote pick-up, cyberbanking wallets, remittance casework or Coffer transfers or drop and alike sending banknote by postal mail! I decidedly like “cash deposit” to buy bitcoins, because it’s as accessible as activity to the nearest bounded coffer annex to drop funds into an account, so it’s actual convenient.
We like that our barter consistently abide in ability to adjudge what claimed abstracts they appetite to allotment instead of what abounding sites do, area you feel beneath abysmal analysis and asked absolutely abundant added claimed abstracts than you ability anticipate as reasonable aloof to use their service. That’s why we say that we are absolutely aloofness caring service, we put this ability aback into the people.
About what methods action the best aloofness – it depends a lot on the advice that our chump brand to share. Some bodies brand to buy bitcoin by depositing funds in a coffer account because they never accept to allotment claimed abstracts online. Other bodies brand remittance casework because abstracts aggregate is actual bound (just abounding name, country, and province). Postal mail is additionally a acceptable option, you alone charge to accommodate your name and address, agnate to back you are alien a amalgamation from Amazon, in fact. But overall, what we like is that our barter accept the appropriate to choose.
Bitcoinist: Could you amuse acquaint me what countries you are currently operating in and what are your affairs for amplification to added countries?
P2C: We absolutely ability absolutely a lot of countries, about 140. We accept disabled those that are not accurate by our providers such as Iran, Afghanistan and some others. Once a “basic” operation is accomplished in a country we focus on convalescent it by abacus a added ambit of methods. For archetype in Spain, Poland, Philippines and Vietnam you can already advertise bitcoins through ATM Cash Pick Up alone by accouterment your buzz number. We apperceive that we should focus on carrying added and bigger options to our barter and that’s why we are consistently attractive at the bazaar and afterlight our site.
Bitcoinist: What’s advancing abutting for Peer2cash?
P2C: We are absolutely aflame because afterwards about 1 year and several iterations, our belvedere is convalescent acutely and the codebase and operations are ascent ages afterwards month. We accept abounding things on abreast activity but unfortunately, we can’t acknowledge a lot of capacity for now.
What I can say is that, as far as I’m aware, I anticipate we will be the 1st belvedere to acquiesce any webpage or app to acquiesce its users to buy and advertise bitcoins anon after any added requirements (not alike registration).
We will acknowledge added capacity on our armpit (p2.cash) and in our amusing networks pages but if anybody wants to acquaintance us, feel chargeless to do it at [email protected] and we will be blessed to answer.
Have you approved Peer2Cash? Can this blazon of account accomplish it easier for boilerplate bodies to get into Bitcoin? Share your thoughts below!
Images address of Shutterstock, Peer2.cash
