PSA: BitInstant's cash-to-bitcoin-address service is reliable, but they fudge the exchange rate; on top of the stated 3.99% fee (and unstated ZipZap fee), BitInstant has consistently marked up the exchange rate way above ($6 or so) the maximum that MtGox quotes around the time the transfer is made. ಠ_ಠ . This includes any time at which the order was open. This is a consistent markup from ... Following a guide, I used bitinstant cash to bitcoin address option, but on the order summary, I'm simply quoted in USD the amount I will receive in my wallet. I submitted the order, but haven't yet gone down to CVS to make the cash deposit. I thought that the cash to bitcoin address option would automatically convert my USD to bitcoin at the current market rate? What am I doing wrong? Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. ZipZap acts as the cash deposit station, while BitInstant, converts the cash deposit into the bitcoin equivalent. With this option, all you have to do is locate a cash deposit station, make your payment, and expect your bitcoins in your wallet within a few hours. While they provide a sorely needed service, there’s the attendant downside of relatively high service charges. For instance ... Buy, sell and margin trade Bitcoin (BTC) and Ethereum (ETH) in exchange with EUR, USD, CAD, GBP, and JPY. Leveraged trading on US based Bitcoin and Ethereum exchange. Download the Bitcoin Wallet by Bitcoin.com. A simple, secure way to send and receive Bitcoin. Available for iOS, Android, Mac, Windows, and Linux. Supports Bitcoin Cash (BCH) and Bitcoin (BTC).
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