Can you no longer buy bitcoin on circle

How long do bitcoin transactions take to complete? On Android Click on the QR Code button, after clicking on the 3 vertical dots in the top right corner of the main screen At the top of the screen, select My Address. Note: You can no longer buy and sell bitcoin through Circle Pay.

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Circle Internet Financial, once one of the best-funded early bitcoin startups, has announced it will no longer allow customers to buy and sell the digital currency. Confirmed today via an announcement in The Wall Street Journal and first revealed last night in a customer updateCircle said it will now focus on using a soon-to-be-launched proprietary blockchain-based protocol called Spark. Users can still convert bitcoins stored via the service to dollars, cidcle or euros and continue sending money via social messaging, without fees. Despite the changes, Circle maintained that its vision is unchanged, even if the technology it uses will shift. A blog post issued today reads:. A big part of that was a long-term bet on blockchain and digital currency technology, which we thought held the potential to provide the missing layer of protocols needed for open value exchange.

How long do bitcoin transactions take to complete?

Circle is a quite new bitcoin service as it exited the beta stage on October 1, First of all, it should be noted that Circle is not an exchange where you can trade bitcoins with others. You just deposit money to Circle, or withdraw. If you deposit USD, for example, Circle converts the money you deposit into BTC at its current market rate, and you see bitcoins in your account. You may then send bitcoins to others, to withdraw your bitcoins, or withdraw USD at a later time at the market price of that time. One of the first things that attracts attention is that Circle comes in 7 different languages; English, Spanish, French, German, Portuguese, Chinese and Japanese.

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Circle Internet Financial, once one of the best-funded early bitcoin startups, has announced it will no longer allow customers to buy and sell the digital currency. Confirmed today via an announcement in The Wall Street Journal and first revealed last night in a customer update oonger, Circle said it will now focus on using a soon-to-be-launched proprietary blockchain-based protocol called Spark. Users can still convert bitcoins stored via the service can you no longer buy bitcoin on circle dollars, pounds or euros and continue sending money via social messaging, without fees.

Despite the changes, Circle maintained that its vision is unchanged, even if the om it uses will shift. A blog post issued today reads:. A big part of that was a long-term bet on blockchain and digital currency technology, which we thought held the potential to provide the missing layer of protocols needed for open value exchange. Scissors image via Shutterstock. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

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Sending Money using the Bitcoin Network

This will generate a new Bitcoin address every time that will stay connected to your Circle Pay account. A big part of that was a long-term bet on blockchain and digital currency technology, which we thought held the potential to provide the missing layer of protocols needed for open value exchange. Where can you find your Bitcoin address? Sending Money using the Bitcoin Network Bitcoin customers on Circle Pay can send money to anyone anywhere in the world no matter what Bitcoin wallet the recipient uses other cryptocurrencies are not supported on Circle Pay. You’re welcome to hold bitcoin in your Circle Pay account and it will be covered by our third party private insurance, like .