You can buy up to $9500 worth of bitcoins and altcoins using personal or cashier’s checks (no business checks). Checks require 10 business days to clear. The hold time is dependent on your bank (call us for a list of banks with faster release times).
Checks from the following banks will be released within 3 business days
We go to the bank and cash directly at your bank. You must be available for the bank to call and verify.
For ALL other banks there is a 10 business day hold to prevent fraud.
- Because of the bounced check scams and other fees we now require a $50 cash deposit to be sent with the check. If the check clears the $50 will be returned or credited to your purchase. If there are any issues the cash deposit is lost.
- Valid phone number (no VOIP, Google Voice or burner apps)
- If using a personal check you must include photo of your driver’s license or state ID. No photocopies. Photo must be in focus, color, unedited, show all information and that information must match the check.
- if purchasing with a cashier’s check state ID is not needed
- Checks made out to or from third parties will not be accepted.
- Business checks will not be accepted. Personal or cashiers checks only.
Failure to adhere to the directions provided may result in delays, payment rejection, or cancellation. No exceptions will be made to accommodate a buyer who does not read the instructions and follow them completely.
- Call us at 844-Bank-BTC or use our contact page to send us a message. Explain you want to buy with check, and include ALL of the following info.
How much do you want to buy?
What bank is the check drawn on?
That you understand the $50 cash deposit and will include it with your check
- We will give you the mailing address to send your check and $50 cash deposit to.
- Email us your bitcoin wallet address. We only accept wallet addresses that are typed into into an email so we may copy and paste it for accuracy.
- For personal checks, in the same email a clear and unedited picture of your state issued photo ID.
- Once payment is received we will notify you. We cannot receive mail on the weekends.
- Coin will be help 10 business days to make sure check clears and fraud prevention. Once the 10 business days is passed we release the bitcoins to the wallet address you emailed us