BitInstant no Bitcoin to email

Cash deposits through BitInstant are the fastest way to buy Bitcoins (currently available in USA, Russia, and Brazil). The entire process can take as little as 20 minutes if you're near a deposit location. Let's walk through the process...

Step 1

Select "Bitcoin to email" and Bitcoins will be bought at the market rate automatically and sent directly to your email address after your deposit.

Step 2

You will be given a "deposit slip" with info on it. Print this out, and take it to the location.

Take your deposit slip and go to the cash deposit location you selected. Follow the deposit instructions on the slip; they will tell you what to do (and who to speak with) at the deposit location (Walmart, bank branch, 7-Eleven, etc)

Step 3

After you've deposited your cash, you are done.

Within 30-60 minutes, you will be notified via email that your transfer was successful, and the Bitcoins will arrive in your email inbox. From there you can send the coins anywhere, but we recommend storing them in with a wallet service like

Even the ultimate fiat currency is subject

2013-03-11 15:26:33 by jujyiui

To theft.
Online institutions of all types are vulnerable to hacking, and Bitcoin is no exception: last week, hackers stole over $12,000 worth of Bitcoin currency from Bitinstant, one of the bigger Bitcoin transaction sites. As with many recent hacks, the Bitcoin theft was executed thanks to a bit of social engineering. According to the Bitinstant blog, the attacker went to the company's domain registrar posing as a Bitinstant employee — the attacker had a similar enough email address and knowledge of the employee's date of birth and mother's maiden name. From there, the attacker convinced the domain registrar to make the fake email address the default and to reset the account's password

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