I have a couple of friendswho want to purchase bitcoin, I would buy the bitcoins for everyone, that is why I have all of their card and personal info. I wanted to use a single wallet (mine) and then transfer the funds to each of my friends preferred wallets
Can I personally be traced?
First off, service recommendations are off-topic on this site, for more ...
Main reasons :
1) Bitcoin is anonymous, free and irreversible. Credit and debit card transactions have to be reversible, Paypal transactions are reversible. So such a system would be a gold mine for card thieves, money launderers, scamers, etc. A relatively small website cannot face the risks.
2) If you're dealing with credit cards you have to follow some ...
Yes, there is Smart Card Wallet project, though there seems to be no clear indication on what stage the project currently is.
There is also hardware wallet by Slush. It's not smart card based, but works pretty much the same way. Also still in development.
Yes, I am Canadian and I have used both these services:
They can be added as Online Bill Payee at RBC, BMO, Scotia, or TD Bank (takes 1 to 2 days)
I never left my seat and Bitcoins were deposited with the hour!
They use TD Canada Trust, and you can add them as a Payee by calling your EasyLine banking, ...
No one will trade you Bitcoins for credit/debit because these kinds of transactions are highly prone to fraud and are easily reversible, while the Bitcoin side of the transaction is not. It's entirely too easy for me to call my bank and have a charge reversed - and now I've got your coins and my dollars and you have nothing.
Getting a prepaid card on BitGold is pretty easy, you just have to sign up for an account, make sure you have you deposit 1 GAU (gram of gold) on it and request one by providing an id document and a proof of address.
You can use wherever they accept a MasterCard, pretty much everywhere. I personally tried it in Canada and Italy, and it worked flawlessly.
there are many card provider services. Wirex is one of the popular bitcoin debit card provider. I found this article with list of best bitcoin debit card providers
There are exchanges inbuilt within the wallets to convert cryptos into eachonther as well as they support crypto to fiat exchange.
I'm using this one
Low fees, they accept BTC, BCH, ETH, LTC and BTG
Also, they have very cool app for iOS & Android
It really depends from country to country and card companies:
Countries are enforcing regulations on financial institutions: KYC (Know Your Customer) and AML (Anti Money Laundering) - which when applied to disposable cards make them impossible to use in the same way you can't use them to transfer money to anyone's personal account
Second issue is fraud and ...
"money from my bank account" would be more like Dwolla or Popmoney. There are plenty of exchanges that accept Dwolla.
Debit cards, and more so credit cards, are not bank to bank transfers. The money goes through a third party processing network which will have its own fees and chargeback requirements and rules, all of which get very complicated. I'm sure ...
You would have to ask your employer, but I have never seen that before.
For bitcoin debit cards read this:
Taking a quick look here: https://en.bitcoin.it/wiki/Selling_bitcoins reveals that BTC-E is capable of doing PayPal withdrawals.
I'm not sure how closely it meets your requirements, and PayPal clearly requires you to provide personally identifiable information, but it could be helpful.
Using a prepaid card is the hard way.
Your better option is to use an exchange.
Does your bank have online Bill Payment? If so, you might be able to send funds to CA VirtEx using that method.
You can instead deposit cash at Royal Bank, Bank of Montreal or ScotiaBank, and it will be credited to your account at CA VirtEx.
Another Canadian exchange, ...