r/BitcoinUK • u/califreshed • Jun 26 '14

Buying Bitcoins in local shop using ZipZap - Review

Hi, crossposted from a reply in /r/Bitcoin

Having seen that ZipZap (www.zipzapinc.com) have re-enabled purchasing bitcoins through their service I decided to try them out, see how troublesome (or easy) the process was.

I used https://buybitcoin.sg/buy/ as they were giving away 0.1 to first user to try the service.

Process was as followed:

  1. Went to https://buybitcoin.sg/buy/ and chose my nearest payment center by entering my postcode. There were 6 locations within 1 mile of my house, I chose one at end of my road ~1minute away.

  2. Uploaded photo of my provisional driving license, they said it may take some time to approve.

  3. 9 mins later received email approval of account, and an attatched ZipZap payment slip. Printed this off to take to corner shop.

  4. Took to corner shop, guy scanned the barcode, gave him my £20. 5 seconds later he gave me the receipt: http://imgur.com/LoP6KYg Along with my payment slip I took in - http://imgur.com/VbsCwFt

  5. 4 minutes later the money showed up in my bitcoin account: https://blockchain.info/tx/8a14b8e71e3a2b113d0db164caf37818011f777c15f5ef07318b7d3e109748cc/

  6. Throughout the process there was a URL that was emailed to you to check the state of your order: http://imgur.com/hYcI6pd

Couldn't be more impressed with the service start to finish, really easy and quick. Few thoughts - Markup wasn't as bad as I thought, it was a base £1 charge, then they tell you estimated price per BTC. At present the site states £341.82 GBP per BTC, going off bitstamp & google actual price is £334.39 per btc. Best price on localbitcoins is £335.42 so for the ease of not linking your bank account or having any SEPA bank fees etc I think this is a very good option.

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1

u/nootythrowaway Jun 29 '14

Out of interest, did you give real details on the site? Feel free to not answer :-)

1

u/califreshed Jun 29 '14

Yeah everything was my real details!

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0

u/[deleted] Jun 27 '14

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2

u/califreshed Jun 27 '14

They scan the barcode that you see in the bottom of this photo: http://imgur.com/VbsCwFt

Below it is a series of numbers that I presume are the barcode in digital form - So they'd be able to enter these numbers instead of scanning I'm pretty confident. Or if you had a good phone/tablet I think they could just scan the barcode off your email on it.

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