Frequently Asked Questions
Frequently Asked Questions
1. What is BuyCoinNow? BuyCoinNow is a cryptocurrency purchase platform, where you can buy BITCOINS via VISA card, Neteller, Skrill, and bank transfer or dotpay.
2. What is cryptocurrency? A cryptocurrency is a digital or virtual currency employing cryptographic security. Our website offers Bitcoin purchases.
3. What is Bitcoin? Bitcoin is a consensus network that enables a new payment system and a completely digitally funds management. It is the first decentralized peer-to-peer payment network that is powered by its users, with no middlemen or central authority.
4. Who can use your service? Absolutely anyone with access to the Internet who has passed our security protocols. All you need is a valid ID proving that you are over 18 years old.
5. How long does it take before BuyCoinNow will send funds to my wallet? This is dependent on the time when the transaction is concluded. Our system is releasing bitcoins every three hours, starting at 2 AM UTC. A countdown to the next release session is available at the bottom of our main page, together with a list of the previously mentioned fixed hours. This is available at https://buycoinnow.com/#next-payout-session Additionally, depending on the value of transactions, there may be a requirement for more accurate manual verification, which usually takes up to 24 hours.
6. I have placed my order, how do I know if my payment went through? Our system sends you emails with the status of purchase. Remember that this process, while fast, is not instantaneous. When you deposit funds for your purchase, our Compliance Agents might need to look into your transaction for security purposes. If there will be any discrepancies, we will contact you.
7. What fees can I expect for each transaction? We charge commission for each transaction. The payment amount includes our fees, so you will not pay any extra.
8. What is the Blockchain? Bitcoin is dependent on the blockchain that underlies and structures the system. The blockchain is the backbone of the protocol, and is the glue that holds the network together. It is simply a vast, distributed public ledger of accounts. It keeps track of every transaction ever made in the network, which means that all transactions are timestamped and verified by network miners. This is how it works: miners with specialized computers compete to solve mathematical problems with other miners, and once they solve it they are awarded with Bitcoin, but they also add a “block" of completed transactions to the blockchain for future viewing and verifiability. Once a block is added to the chain the cycle repeats itself, and the miners continue to compete to solve these difficult problems. Every transaction on the blockchain is completely transparent and accounted for in its logs. Anyone can see the public keys of any transaction they want (although there are no names associated with transactions). One could go all the way back and view the very first transactions ever made on the first block ever created. This block was unironically called the Genesis Block.
9. How do I sign up?
Simply visit the signup page and fill your data, email and choose a password.
Check your inbox, look for a message from BuyCoinNow and confirm your account by clicking on the confirmation link in the message.
We take the security of our Customers with an utmost care, and as such we will require you to go through a verification procedure in some cases. This process is quite easy, all you need to do is to upload a picture of your ID, and a selfie with a piece of paper that has “This is a BuyCoinNow.com purchase handwritten on it together with your ID. To make this process seamless, please make sure that all of the details are visible and clear. Once we receive said pictures, we will review them and contact you if any followup will be necessary. See how easy this is?
You are all set!
10. I found a bug, what do I do? Please, contact us @ email@example.com
11. I have my own website and would like to be a partner for BuyCoinNow.
You can contact us @ firstname.lastname@example.org, we will send you your personal referral link which you can put on your website. From every transaction from your referral link you will get %. Once you have collected enough funds to make a payout (which is decided by you, not us), contact our Support so that we could process it, and you get your money.
Remember! If you did not received email with a private key and you bought BTC using the external sites that only cooperate with us regards selling bitcoins, you need you contact their Support team. BuyCoinNow won't have access to the private key so we will not help you.