One of the more distinct types of Bitcoin scams active in the world today comes in the form of so-called digital currency conversion sites. As the name suggests, these websites will offer to convert Bitcoin to other popular online payment options, such as PayPal, PerfectMoney, and WebMoney. This is another example of why bitcoin users should not rely on third-party service providers, especially not if the conversion does not take …
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New Bitcoin exchanges are starting to pop up all over the world, even though the legal status of digital currency is still a big question. Additionally, most countries require exchange operators to hold a particular license, as they can be seen as money transmitters. BtcBear is a new UK-based exchange offering a lot of features, but with no trading volume so far. Also read: Cloudbet Review The BTCBear Bitcoin Exchange …
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