Original post · Thu, December 8, 2016
Circle Discontinues Bitcoin Support
u/MisterYouAreSoDumb
So it looks like Circle just rage-quit Bitcoin today. They seem to be frustrated by the transaction limit issue the past year, and would prefer to move to their own proprietary blockchain currency called Spark. I think they are going to fail miserably, but we will see.
Circle removes ability to buy and sell Bitcoin as it doubles down on mobile payments
What this means is that anyone with a Circle account can no longer use it for the only real purpose it had. You can no longer buy/sell BTC, nor can you send the BTC already in your account to another wallet. This means that you cannot pay for orders via Circle anymore, which sucks. Unfortunately, the only real alternative with the same ease of use is Coinbase. So for now, we suggest using Coinbase to purchase your BTC. Then I would suggest using an intermediate wallet, like blockchain.info or Electrum, to actually pay for the orders. Coinbase has been a bit strict with closing people's accounts. So it is best to use an intermediate wallet for payments for the time being.
There are a couple other Bitcoin services out there that look promising as well:
Bitpanda- This seems to be a Europe-based paltform where you can buy BTC using a bunch of different payment options.
CEX.IO- This seems like a good place for US and European customers to buy/sell BTC using credit/debit cards or bank accounts.
PAXFUL- This seems like an okay marketplace to buy BTC using various payment options.