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Closed Date1/2014

General Information

Offices

New York, USA
20 W 23rd St
New York, NY, 10010
USA

People

Co-Founder & CTO
Co-Founder & CEO
Head of Marketing and Communications

Funding

TOTAL $1.5M
FUNDING TOTAL $1.5M
Seed, 5/2013
Winklevoss Capital Management
David Azar
$1.5M

Tags

BitInstant Closed down January, 2014

BitInstant

BitInstant is a payment processor for various Bitcoin exchanges and other merchants. Customers of these exchanges and other merchants can easily make a payment to them by using BitInstant, that is an agent and payment processor for those exchanges and other merchants. BitInstant receives money for exchanges and other merchants through various payment systems such as Dwolla, Liberty Reserve, TrustCash and others. In receiving those funds, BitInstant acts as an agent and payment processor for various exchanges and other merchants, such as MtGox, BTC-E, BitStamp, VirWox and other similar services. Funds can be available in as little as 15 minutes and are typically available within one hour at the exchange or other merchant selected by the Customer. All payments are processed automatically.

Recent Milestones

Videos

Screenshots

Sources

  1. With $1.5M Led By Winklevoss Capital, BitInstant Aims To Be The Go-To Site To Buy And Sell Bitcoins (techcrunch.com) [edit]
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Last Edited 2/24/14

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