BTC2BID is offering you a chance to earn a $10 sign-up bonus when you create a new account and a chance to earn $10 referral bonuses for each family member or friend that creates a new account and completes their first transaction! BTC2BID offers private Bitcoin Auctions where you can bid to purchase or sell Bitcoins using cash with in-person transactions in an online platform between members across the world! BTC2BID has thousands of members across more than 100 countries in over 1000 cities. In the exchange platform, BTC2BID acts as an escrow agent to make sure both ends meet the terms of agreement! Sign up today! There are no fees to utilize the service!
BTC2BID Promotion Information:
- Sign Up Now
- Promotion: Earn a $10 sign-up bonus when you create a new account and a chance to earn $10 referral bonuses for each family member or friend that creates a new account and completes their first transaction!
- Availability: Worldwide.
- Expiration: None
- Terms: In order to trade on BTC2BID every buyer and seller is required to have a verified account. Each user has to enter an email address, a mobile phone number and a bitcoin wallet public key. BTC2BID will send a verification link to the user’s email address, a unique verification code to the user’s mobile phone and a code to the email address for the verifcation of the bitcoin wallet. $10 worth of bitcoin is credited to your bonus balance upon signup. The bonus balance can be tracked in the ‘Bonus Balance’ section of the account. It is possible to send invitation links to friends in the ‘Invite Friends’ section of the account. $10 worth of bitcoin is credited to your bonus balance for every friend who signs up and successfully completes their first deal. See full terms and conditions here.
How To Earn BTC2BID Promotion:
- Sellers posts an auctions to sell Bitcoin for between $20 and $2,000 cash.
- Bidders submit their bids for a deal. Bidders will not know the bid amount entered by the other participants.
- The bidder who is the first to match or exceed the seller’s price request is declared the winning bidder.
- If there is a matching bid, the seller deposits 100% of the Bitcoins they bid to sell into BTC2BID’s escrow wallet, and the buyer deposits 10% of the Bitcoins they bid to buy into BTC2BID’s escrow wallet, providing a mutual guarantee that the deal will be concluded successfully.After the escrow deposits are made, BTC2BID will disclose the reciprocal contact details for each party, so that a time and location can be set to make the deal.
- BTC2BID will provide the seller with a unique password that must be delivered to the buyer during the meeting in exchange for the cash payment.
- Once the transaction is confirmed and finalized with the exchange of the password and cash, BTC2BID automatically transfers the Bitcoins purchased plus the escrow amount that the buyer deposited to the buyer’s wallet, and the deal closes and is deemed completed.
BTC2BID Referral Program Information:
For every friend or family member that you refer who signs up to create a new account and successfully completes their first transaction, you will receive a $10 referral credit bonus credited to your bonus balance. There are no limitations on the amount of people you may refer. For example, if you refer 1,000 friends who sign up and complete their first deal, you will receive $10,000 in Bitcoins in your Bonus Balance.
Bottom Line
BTC2BID is safe and secure so in the case something goes wrong, they have provided a relatively secure way to make in-person cash transactions for Bitcoins. The site is COMODO Hackers proof, there is a 2-factor authetication for BTC wallets added to user account, complete privacy, no US server, no ID card, data & password encryption, and backed by Amazon infrastructure! Let us know in the comment section below how this promotion went for you! If you’re looking for the best ways to save money, check out our section on how to save money online!