The places and methods we have for purchasing bitcoins are rapidly expanding. Companies like Bitit and Bitboat are adding to the options, making it easier to walk into a physical store and purchase bitcoin in person. Services like these generally offer a card or voucher that can be redeemed for bitcoins, or traded for bitcoins on an online exchange.
Headquartered in London, BitBoat is an intermediation platform for bitcoin exchange between private parties; serving nine countries, the UK, France, Spain, Italy, Greece, Belgium, Portugal, Romania, Cyprus.
Bitboat offers a card or voucher that can be used at Bitboat to purchase bitcoins, which adds some complications. This option requires users to do the trading for themselves, selling their voucher to other users for bitcoin on a website.
“Our objective is to allow both the buyer and the seller to finalize the exchange in an automated and safe way, without any need for the parties to know and trust each other.”
Bitit’s prepaid bitcoin card and the Bitaccess Flexipin vouchers in Canada, use a secondary payment network behind the scenes. However, Cards and vouchers like