Bittylicious Blog

IDchecker has recently partnered with Bittylicious, the UK’s premier platform for buying Bitcoins. Bittylicious provide users with the simplest interface possible and make it incredibly easy for both new and experienced Bitcoin users to get involved in the Bitcoin ecosystem. Bittylicious was founded in early 2013 and primarily offers Bitcoins and other virtual currencies for sale using online bank transfer and related payment methods.

Recently, Bittylicious opened up three new payment methods allowing European visitors to also purchase Bitcoins. Bittylicious now accepts SEPA bank transfers from users in the Eurozone, iDEAL payments from The Netherlands and Mister Cash/Bancotact from Belgium.

Bittylicious are now using IDchecker’s STRONG ID Basic and STONG ID Plus to verify the identity documents uploaded by Bittylicious account holders.

“The Bitcoin industry has a significant amount of fraudsters taking advantage of the fact that Bitcoin transactions are irreversible. To help combat fraud, IDChecker have provided Bittylicious with a reliable means of validating the ID uploaded by users, which in turn allows Bittylicious to trust its users much more than they otherwise could. IDChecker have helped Bittylicious to integrate seamlessly with their systems, have provided excellent support and provide a very reliable service.” – Marc Warne, Bittylicious Founder

Originally posted at http://www.idchecker.com/idchecker-in-the-news/bittylicious-bitcoin-platform/

Bittylicious is proud to announce that it has opened up a GBP to Auroracoin market on its site.

Auroracoin is a Litecoin inspired altcoin which aims to kick start the Icelandic economy because of uncompetitive economic pressures the Icelandic government has put on its citizens.

From 25th March 2014, each Icelandic resident will be entitled to receive 50% of the total Auroracoins in circulation, with the aim being to create a new, workable currency that enables international trade without being controlled by any single entity.

We are looking for users that would like to offer Auroracoin for sale in any country, including Iceland. Please get in touch with us if you think you can offer this.

Three new altcoins will be activated on the Bittylicious platform on the morning of Monday 10th March.

Vertcoin

Vertcoin is a Litecoin-derived coin but with an algorithm that has been designed to resist the development of custom mining hardware, and multipool mining. This has been achieved by using the adaptive n-factor variant of the scrypt algorithm.


Primecoin

Primecoin attempts to make the mining process yield a useful output rather than working out the match to a useless hash. In Primecoin’s case, it attempts to find prime chains composed of Cunningham chains and bi-twin chains for proof-of-work, which can lead to useful byproducts.


Namecoin

Namecoin is an old coin that provides for an alternative, decentralised domain name system which avoids domain name censorship by being controlled by the network as opposed to a single entity like ICANN.


New sellers

As always, we are looking for further sellers that would like to sell these altcoins and help improve our marketplace. As a seller, you do not necessarily need to be in the UK as Bittylicious is happy to investigate opening in new territories. To apply, please visit our website and fill in the application form.

London, 10th February 2014. Bittylicious is proud to announce the arrival of two new altcoins onto its platform: Dogecoin and Quarkcoin.

Users in the UK are now able to buy Dogecoin and Quarkcoin in pounds simply by performing a bank transfer to a Bittylicious bank account. This drastically simplifies on the extra steps that were previously required to either convert and transfer money abroad, or to first buy Bitcoins and then exchange these. For the first time, UK buyers can use a major exchange to buy Dogecoin and Quarkcoin directly.

Dogecoin is a Litecoin-derived cryptocurrency that is based on the Doge internet meme. Although from a technical perspective it only has tweaks to the Litecoin protocol, it has a huge community doing a lot of work to increase the publicity of virtual currencies, including notable charitable efforts.

Quarkcoin is another altcoin which features nine rounds of hashing (as opposed to one for most other coins) which makes it strongly resistant to ASIC and, to a lesser degree, GPU mining.

Bittylicious is continuously looking for further sellers on its platform to offer both Dogecoin and Quarkcoin both in the UK and abroad. Sellers simply need to have access to a bank account that accepts instant bank transfers.

London, 6th February 2014. In a similar way to how people pay gas and electricity bills, people in the UK can now buy Bitcoins with cash on Bittylicious.

Bittylicious has launched a new service which enables prospective buyers to purchase Bitcoins by handing over cash at any one of over 28,000 ZipZap locations in the country. The process is very simple, and any user that has had their identity documents verified by Bittylicious can obtain Bitcoins this way.

Users simply need to choose how many Bitcoins they want, locate a local payment centre within the Bittylicious website and print off a payment slip to show to the cashier. Alternately, as long as the barcode is clearly available, they can show this to the cashier on a mobile device. The payment centres are typically small supermarkets and other local shops. Within a few minutes of the payment being taken, the Bitcoins are released into the buyer’s Bitcoin wallet.

In the near future, it will also be possible to buy a variety of altcoins, such as Litecoins, Feathercoins and Dogecoins, for cash using the Bittylicious service.

ZipZap, Inc. provides the payment network itself, and plans to offer more territories soon. Founded in 2010, ZipZap is headquartered in San Francisco, California, with operations around the globe.

Bittylicious, founded in early 2013, primarily offers Bitcoins and other virtual currencies for sale using online bank transfers, but has now expanded to offer cash payments via ZipZap.

Update: Bittylicious has also published a step by step guide showing users how to do cash purchases.