Bit Instant

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instance_of gptkb:Telecommunications_company
gptkbp:associated_with gptkb:Mt._Gox
gptkbp:business_model Peer-to-peer transactions
gptkbp:closing_date gptkb:2013
Legal challenges
gptkbp:closure_type Regulatory issues
Market disruption
Legacy in crypto space
gptkbp:collaborations Various ATM operators
gptkbp:community_engagement Forums and social media
gptkbp:competitors gptkb:Local_Bitcoins
gptkb:Coinbase
gptkb:Bit_Pay
gptkbp:customer_support Email and phone support
gptkbp:data_usage Instant transactions
Varies by method
gptkbp:economic_impact Facilitated Bitcoin adoption
Pioneered Bitcoin transactions
gptkbp:feedback Mixed reviews
gptkbp:founded gptkb:New_York
Charlie Shrem
gptkbp:founder Charlie Shrem
Entrepreneur in cryptocurrency
gptkbp:frequency 2011 to 2013
gptkbp:headquarters gptkb:Borough
https://www.w3.org/2000/01/rdf-schema#label Bit Instant
gptkbp:in-game_currency gptkb:Bitcoin
gptkb:Litecoin
Other cryptocurrencies
gptkbp:launch_date gptkb:2011
gptkbp:legacy Influenced future exchanges
gptkbp:legal_issue Money laundering allegations
gptkbp:marketing_strategy Affiliate marketing
gptkbp:notable_event Seized by U. S. authorities
gptkbp:notable_users Early Bitcoin adopters
gptkbp:partnerships Various local businesses
Payment processors
gptkbp:payment_methods Wire transfers
Cash deposits
gptkbp:regulatory_compliance Struggled with compliance
gptkbp:reputation Controversial
gptkbp:revenue Transaction fees
gptkbp:security_features Two-factor authentication
gptkbp:service_type gptkb:currency
gptkbp:target_market Cryptocurrency users
gptkbp:technology gptkb:software_framework
gptkbp:user_base Thousands of users
gptkbp:user_interface gptkb:mobile_application
Web-based platform
gptkbp:website bitinstant.com
gptkbp:year gptkb:2013
gptkbp:bfsParent gptkb:Winklevoss_Capital_Management
gptkbp:bfsLayer 6