Based on looking at the website, Quickbt.com is no longer operational, having ceased its services on December 10, 2018. While it claims a history of facilitating Bitcoin purchases for Canadians, its current status as a defunct platform means it cannot be recommended for any digital currency transactions.
The website serves primarily as an archive, redirecting users to other cryptocurrency exchanges.
Overall Review Summary:
- Operational Status: Defunct since December 10, 2018.
- Purpose: Formerly facilitated Bitcoin, Litecoin, and Ethereum purchases. now redirects to other exchanges.
- Current Utility: None for direct cryptocurrency transactions.
- Ethical Consideration: While the site itself is inactive, the underlying activity of trading cryptocurrencies involves significant ethical concerns from an Islamic perspective, particularly regarding speculation, high volatility, and often, a lack of tangible assets.
- Security: Not applicable as the platform is inactive.
- Recommendation: Not recommended for any purpose, as it is no longer active. Furthermore, engagement with volatile digital currencies like Bitcoin often involves elements of gharar excessive uncertainty and riba interest-like gains through speculation which are not permissible.
The website, Quickbt.com, clearly states that it was operational from August 10, 2013, until December 10, 2018. This means any attempt to “buy Bitcoin,” “Buy Litecoin,” or “Buy Ethereum” directly through QuickBT will be futile.
The site explicitly thanks users for their past business and directs them to alternative platforms like Bull Bitcoin, Kraken, and Gemini.
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For anyone seeking to engage with digital currencies, Quickbt.com offers no direct service.
From an Islamic standpoint, the volatile and speculative nature of many cryptocurrencies raises significant concerns, as transactions should ideally be backed by tangible assets and avoid excessive uncertainty.
While the site itself is a relic, its former purpose highlights an area that requires careful consideration for those seeking ethical financial practices.
Best Ethical Alternatives to Volatile Digital Currencies:
Instead of engaging with highly speculative and volatile digital currencies, consider investments and financial activities that align with ethical principles, focusing on tangible assets, real economic activity, and clear, non-speculative returns.
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- Key Features: Invests in companies with strong ethical, social, and governance ESG practices. screens out industries like alcohol, tobacco, gambling, and conventional finance. focuses on long-term growth.
- Average Price: Varies based on fund management fees expense ratios typically 0.2% – 1.0% annually.
- Pros: Aligns with values. supports sustainable businesses. diversifies portfolio.
- Cons: Returns may not always outperform conventional funds. limited options compared to mainstream investments.
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Real Estate Investment Trusts REITs
- Key Features: Companies that own, operate, or finance income-producing real estate. offers diversification and liquidity in real estate. often provides stable dividends.
- Average Price: Varies by stock price. can be bought through brokerage accounts.
- Pros: Invests in tangible assets. provides regular income. potentially good hedge against inflation.
- Cons: Subject to real estate market fluctuations. dividends may be taxed as ordinary income.
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- Key Features: Investment in publicly traded companies that adhere to Islamic finance principles, screened for activities like conventional banking, insurance, gambling, and non-permissible products. often involves purification of impermissible income.
- Average Price: Varies by stock price and brokerage fees.
- Pros: Direct ownership in ethical businesses. potential for capital appreciation and dividends. transparent and Sharia-compliant.
- Cons: Requires careful screening. market volatility can impact returns. may have fewer options than conventional stock markets.
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Commodities Physical Gold/Silver
- Key Features: Tangible assets with intrinsic value. often considered a safe-haven investment during economic uncertainty. provides diversification.
- Average Price: Fluctuates with market prices. typically involves a premium over spot price.
- Pros: Tangible and historically stable. preserves wealth. avoids speculative financial products.
- Cons: No income generation dividends/interest. storage costs and security concerns. price volatility can occur.
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Ethical Crowdfunding Platforms
- Key Features: Funds ethical businesses or projects directly, often through profit-sharing or equity models. bypasses conventional interest-based lending.
- Average Price: Investment amounts vary by platform and project.
- Pros: Supports real economic activity. direct impact. potential for higher returns.
- Cons: Higher risk as investments are often in startups or smaller businesses. illiquid investments.
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- Key Features: Direct investment in a local business or startup, often involving a share of profits or equity. supports entrepreneurship and community development.
- Average Price: Highly variable, from a few thousand to much more, depending on the business.
- Pros: Direct control or influence. supports local economy. potential for significant returns if successful.
- Cons: High risk of failure. requires active involvement or deep understanding. illiquid.
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Sustainable Agriculture Investments
- Key Features: Investing in farms or agricultural projects that prioritize environmental stewardship and ethical practices. often involves profit-sharing models or direct equity.
- Average Price: Varies widely, often substantial capital required.
- Pros: Supports food security and sustainable practices. tangible assets. potential for stable returns.
- Cons: Dependent on agricultural cycles and weather. requires specialized knowledge. illiquid.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Quickbt.com Review & First Look
Based on a thorough examination of its website, Quickbt.com is not an active service but rather a historical archive of a once-operational digital currency exchange.
The site clearly states its operational period as August 10, 2013, to December 10, 2018. This immediate revelation means that anyone visiting Quickbt.com with the intention of buying or selling Bitcoin, Litecoin, or Ethereum today will find themselves unable to do so directly through this platform.
The website serves as a testament to its past, highlighting its former role in introducing Canadians to digital currency technology and its journey through banking barriers, service cancellations, and regulatory uncertainty.
The front page prominently features a “Quick Thank You” message, which explicitly details its cessation of operations.
This level of transparency, while acknowledging its defunct status, is a critical piece of information for any potential user. Signaturerentacarorl.com Review
It immediately clarifies that the site’s primary function now is informational and directional, pointing users towards other active exchanges.
This review will delve into what the website presents, its historical context, and why its current state renders it unsuitable for modern digital currency needs.
Operational Status and Historical Context
Quickbt.com prominently features a “Thank You” message indicating its operational period from August 10, 2013, to December 10, 2018. This five-year window positions it as one of the “longest continuously running Digital Currency operations in the world” during its active phase.
The website highlights its role in overcoming significant challenges, including banking barriers, service cancellations, and regulatory uncertainty, which were common hurdles for early cryptocurrency businesses.
It proudly states having sold Bitcoin over 215,000 times without ever holding coins or collecting passports, a model that might have minimized certain risks for the platform but introduced different levels of trust reliance for users. Fortechint.com Review
The historical context reveals a pioneering effort in a nascent industry, contributing to the adoption of digital currencies in Canada.
Website Design and Information Accessibility
The design of Quickbt.com is functional but dated, reflecting its last update in 2019. The layout is straightforward, with clear navigation links at the top and bottom of the page.
Key information, such as the site’s operational status and recommended alternatives, is immediately visible upon landing on the homepage, preventing users from wasting time attempting to transact.
However, many of the internal links, such as “BUY BITCOIN,” “BITCOIN FIRST STEPS,” “ABOUT,” “FAQ,” “CONTACT,” “POLICIES,” and “API,” all redirect to the same “thank you” page.
This indicates a complete cessation of internal content and services, reinforcing its defunct status. Gdmfx.com Review
The lack of active content behind these links means that while the categories exist, the information they promise is no longer available in detail on Quickbt.com itself.
Quickbt.com Pros & Cons
Given that Quickbt.com is no longer operational, a traditional pros and cons analysis regarding its current utility is not applicable.
Instead, we can assess the implications of its defunct status and what that means for users.
The primary “con” is its non-functionality, rendering it useless for its intended purpose.
Any “pros” would relate to its historical transparency or the potential for users to learn from its past operation, but these are not direct benefits for someone seeking to engage in digital currency transactions today. Drum.dog Review
Major Cons: Non-Operational Status
The most significant drawback of Quickbt.com is that it is completely defunct.
Users cannot purchase or sell any digital currencies through the platform.
This means any navigation to the site for transaction purposes will be futile.
The website itself states this clearly on its homepage, which is a rare but important form of transparency.
Impact: A user visiting Quickbt.com will immediately encounter a message stating its cessation of services, effectively making the site an online museum piece rather than a functional exchange. This leads to wasted time and a necessary redirection to other platforms.
According to the site, it ceased operations on December 10, 2018, nearly six years ago. Dailypassive.com Review
This long period of inactivity means any associated accounts or user data would likely be dormant or removed, further emphasizing its non-operational state.
Ethical Concerns with Digital Currencies
While Quickbt.com itself is defunct, the very product it dealt with—digital currencies like Bitcoin—raises significant ethical concerns from an Islamic perspective. The volatile nature of cryptocurrencies, their speculative trading, and the lack of tangible backing for many of them can lead to gharar excessive uncertainty or risk and riba interest-based gains, often through speculation.
Volatility: Bitcoin and other digital currencies are known for extreme price swings, which makes them highly speculative assets rather than stable stores of value or direct representations of real economic activity. For example, Bitcoin’s price has seen swings of over 80% within a single year multiple times throughout its history. This level of volatility is often seen as pure speculation, akin to gambling, which is prohibited in Islam.
Lack of Tangible Value: Unlike conventional currencies backed by national economies or gold, many cryptocurrencies are not directly tied to tangible assets or productive economic activity. Their value is largely driven by supply and demand, speculation, and adoption rates. This lack of tangible backing can be a concern for ethical investors.
Potential for Illicit Use: The decentralized and anonymous nature of some digital currency transactions has made them a preferred method for illicit activities, such as money laundering and funding illegal operations. While this is not an inherent flaw of the technology itself, it contributes to an environment where ethical considerations become paramount. According to a Chainalysis report, illicit crypto transactions totaled $24.2 billion in 2023.
Redirection to External Sites
Instead of offering direct services, Quickbt.com directs users to three other major cryptocurrency exchanges: Bull Bitcoin, Kraken, and Gemini.
While these platforms are active, users should be aware that these are third-party recommendations.
Dependency: Users are entirely dependent on these external recommendations. There’s no ongoing service or support provided by Quickbt.com for these referrals.
Due Diligence Required: Even though the recommended exchanges are well-known, it is incumbent upon the user to conduct their own due diligence regarding the legitimacy, security, and ethical alignment of these platforms before engaging in any transactions. Each of these platforms operates under its own terms, conditions, and regulatory compliance, which may or may not align with Islamic financial principles. For example, some exchanges may offer interest-bearing accounts or derivatives trading, which would be problematic.
Quickbt.com Alternatives
Given that Quickbt.com is no longer an active service, the concept of “alternatives” primarily refers to active platforms where individuals might consider engaging in digital currency transactions. Niraiya.com Review
However, it’s crucial to reiterate the ethical concerns surrounding volatile digital currencies from an Islamic perspective, as highlighted previously.
While some might still choose to explore these options, for those committed to ethical finance, tangible asset investments and Sharia-compliant financial products remain superior choices.
This section will list the alternatives suggested by Quickbt.com itself, along with a reminder of ethical investment principles.
Bull Bitcoin
Overview: Bull Bitcoin positions itself as a simple and instant way to buy Bitcoin in Canada. It focuses purely on Bitcoin, aiming for a straightforward user experience without the complexities of a full-fledged exchange offering numerous altcoins.
Key Features:
- Bitcoin-Only Focus: This specialization might appeal to users who are solely interested in Bitcoin and want to avoid the distraction of other cryptocurrencies.
- Instant Purchases: Claims to offer quick transactions, allowing users to acquire Bitcoin without significant delays.
- Canadian Focus: Tailored for the Canadian market, potentially offering localized payment methods and customer support.
- Non-Custodial Options: The platform emphasizes user control over their Bitcoin, often promoting direct withdrawal to a user’s own wallet rather than holding funds on the exchange.
Ethical Consideration: As a platform dealing solely in Bitcoin, the ethical concerns regarding speculation and gharar excessive uncertainty still apply. While it might offer a non-custodial approach which is favorable, the underlying asset remains highly volatile.
Kraken
Overview: Kraken is a globally recognized cryptocurrency exchange known for its wide range of supported digital assets, advanced trading features, and emphasis on security. It caters to both beginners and experienced traders. Modress.com Review
- Extensive Cryptocurrency Selection: Offers a broad array of cryptocurrencies beyond just Bitcoin, including Ethereum, Litecoin, Ripple, and many others.
- Advanced Trading Tools: Provides features like margin trading often involves interest, which is riba, futures trading, and staking, which can complicate ethical compliance.
- High Liquidity: As a major exchange, Kraken generally offers good liquidity, meaning trades can be executed quickly at competitive prices.
- Global Reach with Regulatory Compliance: Operates in numerous countries, including Canada, and often complies with local financial regulations.
Ethical Consideration: Kraken’s offering of margin trading and staking which can sometimes be akin to interest-bearing activities or involve locking assets for speculative gains makes it particularly challenging to navigate from an Islamic finance perspective. The sheer volume of highly speculative altcoins also raises the gharar concern significantly.
Gemini
Overview: Gemini is another prominent cryptocurrency exchange known for its strong regulatory compliance, security measures, and user-friendly interface. Founded by the Winklevoss twins, it aims to be a trusted and regulated gateway to the crypto economy.
- Regulation and Security: Places a strong emphasis on regulatory compliance and security protocols, including holding various licenses and utilizing robust cold storage solutions for digital assets.
- User-Friendly Interface: Designed to be accessible for both novice and experienced investors.
- Earn Programs: Gemini offers “Earn” programs similar to interest-bearing accounts where users can lend out their crypto to earn returns, which is typically considered riba.
- NFT Marketplace Integration: Provides access to the growing market of Non-Fungible Tokens NFTs, which can also carry speculative risks.
Ethical Consideration: Gemini’s “Earn” program is a significant ethical red flag due to its riba-like nature. While its focus on security and regulation is positive, the offerings that resemble conventional interest-bearing products make it problematic for Sharia-compliant investment.
How to Cancel Quickbt.com Subscription
Given that Quickbt.com ceased operations on December 10, 2018, there is no active subscription service or ongoing account management that would require cancellation.
Any user accounts or recurring payments would have been terminated or ceased at the time of its closure.
Therefore, there is no action required to “cancel” a Quickbt.com subscription because no such service exists today.
No Active Subscriptions
Quickbt.com explicitly states its operational period ended in 2018. This means any notion of an active “subscription” or ongoing service is entirely moot. Workclubhq.com Review
The platform is not running any active payment processing, user accounts, or service provisions.
Implication: Users who may have had accounts or recurring purchases with Quickbt.com before December 2018 would have had their services terminated automatically upon the platform’s closure. There is no need for manual cancellation, as the system itself is inactive.
Historical Context: In its active period, Quickbt.com focused on direct digital currency purchases rather than a subscription model for recurring payments or premium features. This further reinforces the idea that there would be no “subscription” to cancel in the traditional sense.
Data Privacy and Account Closure
While there’s no subscription to cancel, former users might wonder about their historical data.
Typically, when a service ceases operations, there are protocols for data retention and eventual deletion, often guided by regulatory requirements.
Data Retention: Quickbt.com’s “Policies” link redirects to its general thank you page, meaning there’s no direct access to specific data retention policies. However, reputable financial services, even defunct ones, are usually required to retain certain transaction records for a period e.g., 7 years in Canada for financial records for regulatory and anti-money laundering AML purposes.
Account Access: There is no mechanism to log into old Quickbt.com accounts. All user interfaces for account management would have been disabled upon closure. Users should assume that any previous account access or personal dashboards are no longer available.
Best Practice for Former Users: If you were a Quickbt.com user before 2018, ensure that any digital currency you purchased was moved to a wallet or exchange under your control before the service shut down. If you had any lingering concerns about personal data, you could attempt to contact them via the provided email address , though response times or data access might be limited due to the inactive status.
How to Cancel Quickbt.com Free Trial
The concept of a “free trial” is not applicable to Quickbt.com.
Based on the information available on its historical homepage, Quickbt.com operated as a direct service for buying digital currencies, not a subscription-based platform offering trials. Gadgetshill.com Review
Furthermore, since the website ceased all operations on December 10, 2018, there are no active services, including free trials, to enroll in or cancel.
No Free Trial Offerings
Quickbt.com’s stated business model was to facilitate direct purchases of Bitcoin, Litecoin, and Ethereum.
This model typically involves a direct transaction for the digital currency at a specified price, not a period of free access or a trial.
Business Model: Historically, cryptocurrency exchanges like Quickbt.com earned revenue through transaction fees or spreads on purchases, rather than subscriptions or premium features that might necessitate a free trial period.
Current State: As the website is entirely defunct and serves only as an archive and redirection hub, there are no active services, free or paid, being offered. Therefore, the idea of a “free trial” on Quickbt.com is irrelevant.
Implications of Defunct Status for Trials
Even if Quickbt.com had offered a trial in its operational period which it did not, any such trial would have ceased with the platform’s closure in 2018. There is no lingering obligation or service that could be considered “active” from a trial perspective.
No Automatic Charges: Since the platform is not processing any payments, there is no risk of unexpected charges stemming from a forgotten “free trial” that automatically converted to a paid subscription.
User Information: For any platform, including those that offer trials, it is crucial to understand how user information is handled. While Quickbt.com is closed, users should always be mindful of providing personal and financial data to online services and ensure they understand data retention policies. In the case of Quickbt.com, due to its inactivity, any data related to past transactions would be subject to its historical data retention policies, which are no longer publicly accessible on the site.
Quickbt.com Pricing
Given that Quickbt.com is no longer operational and ceased all services on December 10, 2018, there is no current pricing structure or live exchange rates available on the website. Mozartturkey.com Review
Any historical pricing information would be irrelevant for current transactions.
The site’s primary function was to facilitate the purchase of digital currencies, which would have involved a transaction fee or a spread between the buying and selling price, common practice among such exchanges.
However, none of this information is available or applicable today.
Historical Pricing Model
During its active period 2013-2018, Quickbt.com would have likely employed a simple pricing model typical of “buy/sell” cryptocurrency services at the time.
Transaction Fees: Most digital currency exchanges charge a fee for each transaction. This could be a flat fee or a percentage of the transaction amount.
Spread: Alternatively, or in addition to direct fees, exchanges might incorporate a “spread” – the difference between the price at which they buy cryptocurrency and the slightly higher price at which they sell it to users. This spread acts as their profit margin.
Premium for Simplicity: Services that offered quick and easy access to digital currencies often charged a slight premium compared to more complex exchanges with order books, reflecting the convenience factor.
No Current Data: The current Quickbt.com website provides no historical or current pricing data. There are no charts, order books, or fee schedules to be found.
Irrelevance for Current Transactions
The non-operational status of Quickbt.com means that any discussion of its past pricing is purely historical and holds no practical relevance for anyone looking to engage in digital currency transactions today.
No Active Exchange: Since the platform is entirely defunct, there’s no way to initiate a trade or view real-time pricing from Quickbt.com.
Referrals Only: The site redirects users to other exchanges Bull Bitcoin, Kraken, Gemini, each of which has its own independent pricing model, fee structures, and real-time rates. Users interested in current digital currency prices would need to visit these active platforms directly.
Ethical Finance Perspective: From an ethical finance standpoint, the focus should always be on clarity, transparency, and avoiding excessive charges or hidden fees. While Quickbt.com’s past pricing model is unknown, in ethical transactions, fees should be clearly disclosed and justified by the service provided, rather than embedded in opaque spreads. Telco-soft.com Review
Quickbt.com vs. Competitors
Instead, the comparison must be framed historically, looking at how it positioned itself during its active years against the broader market of its time, and how the platforms it now recommends Bull Bitcoin, Kraken, Gemini stand as its modern-day counterparts.
Historical Positioning: Simplicity vs. Features
During its operational period 2013-2018, Quickbt.com seemed to prioritize simplicity and direct access for Canadians looking to buy Bitcoin.
Quickbt.com’s Approach: The website’s text suggests a focus on “first Bitcoin” experiences, aiming for ease of use without holding coins or collecting passports. This implies a more streamlined, over-the-counter OTC type of service rather than a full-fledged trading exchange. Its claim of “215,000 times” selling Bitcoin in five years indicates a high volume of small, direct purchases.
Key Differentiator Historical: Its focus on direct, non-custodial transactions for Canadians was a distinguishing factor, aiming to simplify the process significantly.
Modern-Day “Competitors” Recommended Alternatives
Quickbt.com now redirects users to Bull Bitcoin, Kraken, and Gemini, which are all active and significant players in the contemporary digital currency market.
These platforms represent what a user would engage with today.
Bull Bitcoin: This platform maintains a focus on Bitcoin-only and aims for simplicity, somewhat mirroring Quickbt.com’s historical approach but with modern infrastructure. It emphasizes self-custody.
Kraken: This is a comprehensive global exchange offering a vast array of cryptocurrencies, advanced trading tools, and derivatives. It caters to a much broader and more sophisticated user base than Quickbt.com historically targeted.
Gemini: Known for its regulatory compliance and security, Gemini provides a user-friendly experience, but also offers more advanced features like institutional services and yield-generating programs.
Comparison of Functionality Historical vs. Current:
- Asset Variety: Quickbt.com offered Bitcoin, Litecoin, and Ethereum. Modern exchanges like Kraken and Gemini offer hundreds.
- Trading Features: Quickbt.com was likely limited to simple buy/sell. Kraken and Gemini offer spot trading, margin, futures, staking, and more.
- Security Features: While Quickbt.com mentioned not holding coins, modern exchanges invest heavily in cold storage, multi-factor authentication, and insurance policies.
From an ethical perspective, the complex offerings of modern exchanges, particularly features like margin trading often involving riba, staking which can have gharar elements, and derivatives, introduce significant challenges for Sharia compliance that Quickbt.com, in its simplicity, might have historically avoided. Travelpartnergroup.com Review
Quickbt.com Security
Given that Quickbt.com ceased operations on December 10, 2018, any discussion of its security features is purely historical and theoretical.
The site is currently a static informational page, meaning there are no active systems, databases, or transactional mechanisms that would be subject to ongoing security assessment.
While the website mentions “overcame… hackers from everywhere,” this refers to its active period.
For current users, the primary “security” concern is understanding that the site is defunct and not attempting to input any sensitive information.
Historical Security Posture
During its operational years, Quickbt.com’s security would have been paramount to its credibility, especially given the nascent and often turbulent environment of early cryptocurrency exchanges.
Claim of No Known Hacks: The website proudly states it operated “without ever holding a coin, collecting a passport, or knowingly being hacked.” The claim of “without ever holding a coin” suggests a non-custodial or peer-to-peer model where users’ digital assets were not held on the exchange’s servers, which is generally a superior security practice. This minimizes the risk of large-scale exchange hacks, as there’s no central honeypot of funds to target.
“Collecting a Passport”: This likely refers to a less stringent Know Your Customer KYC process compared to today’s standards, which, while offering user privacy, can also pose regulatory and anti-money laundering AML challenges. This aspect of security is more about regulatory compliance and identity verification than technical system resilience. Advantagederm.com Review
Current Security Implications of Defunct Status
For anyone visiting Quickbt.com today, the site itself poses no active security threat in terms of data input or transaction processing, as it is non-operational.
No Active Data Collection: The website is static, meaning it’s not actively collecting new user data, financial information, or processing logins. Therefore, there’s no immediate risk of data breaches through the site itself for current visitors.
Malware Risk: While unlikely, it’s always a general internet security best practice to ensure your browser and operating system are up-to-date when visiting any website, even static ones, to mitigate risks from outdated site code or vulnerabilities. However, specific to Quickbt.com, there’s no indication of such issues.
Redirected Trust: The only “security” consideration related to Quickbt.com now is the implied trust placed on the external sites it recommends Bull Bitcoin, Kraken, Gemini. Users must conduct their own security due diligence on these active platforms, as Quickbt.com holds no responsibility for their operations or security practices. Each recommended exchange has its own set of security features e.g., two-factor authentication, cold storage, bug bounties that users should investigate independently.
Quickbt.com Features
As Quickbt.com ceased its operations on December 10, 2018, its “features” are entirely historical and no longer active or accessible.
The website itself is a static page serving as an archive and a redirection hub.
During its active period, Quickbt.com focused on providing a straightforward pathway for Canadians to acquire digital currencies.
Historical Service Offerings Pre-2018
Quickbt.com’s core features revolved around facilitating the purchase of a limited selection of digital currencies.
Cryptocurrency Purchases: The site allowed users to “Buy Bitcoin,” “Buy Litecoin,” and “Buy Ethereum.” This indicates a focus on the most prominent cryptocurrencies of its time, rather than a broad altcoin exchange.
Focus on Canadian Market: The language on the site and the references to “Canadians” suggest a localized service, likely offering payment methods common in Canada.
Simplicity and Speed: The name “QuickBT” implies a design for rapid and easy transactions, likely appealing to new users looking to enter the digital currency space without navigating complex trading platforms.
Non-Custodial Claim: The statement “without ever holding a coin” suggests that Quickbt.com might have facilitated direct transfers from its reserves to the user’s personal wallet, thereby avoiding the risk of holding customer funds on the exchange. This was a significant feature for security-conscious users.
Volume of Transactions: The claim of selling Bitcoin “over 215,000 times” in five years indicates that the service was widely used for quick, possibly smaller-volume transactions. Fitnessfirstusa.com Review
Non-Functional Features Post-2018
All the features mentioned above are now defunct.
The current website does not offer any interactive services or live functionalities.
No Active Trading: Users cannot initiate buy or sell orders for any digital currencies on Quickbt.com.
Inactive Account Management: There are no login portals, account dashboards, or transaction history views available. Any previous user accounts would have been deactivated or archived.
Static Information: The current website primarily serves as an informational page, acknowledging its closure and directing users to other platforms. All the previously linked sections like “About,” “FAQ,” “Contact,” “Policies,” and “API” now lead to the same “thank you” page, indicating a complete shutdown of detailed information resources within the site.
Customer Support: While an email address is provided, the level of active customer support for historical inquiries or general questions is likely minimal, given the platform’s inactive status.
FAQ
What is Quickbt.com?
Quickbt.com was a digital currency exchange that allowed users, primarily in Canada, to buy Bitcoin, Litecoin, and Ethereum.
It operated from August 10, 2013, until December 10, 2018, and is no longer an active service.
Is Quickbt.com still active?
No, Quickbt.com is not active. Joblink.co Review
It ceased all operations on December 10, 2018, and now serves as a static informational website that redirects users to other cryptocurrency exchanges.
Can I buy Bitcoin on Quickbt.com today?
No, you cannot buy Bitcoin or any other digital currency on Quickbt.com today.
The platform is defunct and does not facilitate any transactions.
Why did Quickbt.com close?
The website states it “overcame banking barriers, service cancellations, hackers from everywhere, and regulatory uncertainty” but ultimately closed on December 10, 2018. The specific detailed reasons for its closure beyond these general challenges are not provided on the current site.
What alternatives does Quickbt.com recommend?
Quickbt.com recommends three alternative cryptocurrency exchanges: Bull Bitcoin, Kraken, and Gemini.
Are the recommended alternatives Bull Bitcoin, Kraken, Gemini ethical from an Islamic perspective?
While these platforms are active, they offer features like margin trading, staking, and yield programs similar to interest, which raise significant ethical concerns from an Islamic finance perspective.
Users should conduct thorough due diligence to ensure any transactions align with Sharia principles.
Was Quickbt.com ever hacked?
Quickbt.com claims it operated “without ever holding a coin… or knowingly being hacked,” suggesting a strong security record during its active years.
How do I cancel my Quickbt.com account?
There is no active Quickbt.com account to cancel.
All accounts and services were terminated when the platform ceased operations on December 10, 2018.
Is there a Quickbt.com free trial?
No, Quickbt.com did not offer a free trial.
It operated as a direct buy/sell service for digital currencies, and it is now defunct.
What were Quickbt.com’s fees?
Quickbt.com’s specific historical fee structure or pricing models are not detailed on its current static website.
Like most exchanges, it would have charged transaction fees or operated on a spread during its active period.
Can I retrieve my old transaction history from Quickbt.com?
It is highly unlikely you can directly retrieve your old transaction history from Quickbt.com.
The website is defunct, and there is no active login portal or account management system.
You may try contacting them via email, but success is not guaranteed.
What payment methods did Quickbt.com accept historically?
The website does not specify the payment methods it accepted historically.
However, as a Canadian-focused platform, it likely supported common Canadian payment options like Interac e-Transfer or direct bank transfers.
Does Quickbt.com offer customer support?
Quickbt.com provides an email address for questions.
However, given its defunct status, active and timely customer support should not be expected.
Is digital currency trading permissible in Islam?
The permissibility of digital currency trading in Islam is a complex and debated topic. Concerns often revolve around gharar excessive uncertainty, riba interest-like gains from speculation, and the lack of tangible backing for some cryptocurrencies. Many scholars advise caution or consider it impermissible due to high volatility and speculative nature.
What are ethical alternatives to speculative digital currencies?
Ethical alternatives include investments in tangible assets like real estate, physical gold/silver, ethical investment funds, halal stock investments, ethical crowdfunding platforms, and small business investments.
These options align more closely with Islamic finance principles.
Does Quickbt.com have an API?
Quickbt.com had an API during its operational period, but the link to its API documentation now redirects to the general thank you page, indicating that the API is no longer active or supported.
Is Quickbt.com regulated?
During its operational period, Quickbt.com navigated “regulatory uncertainty” as mentioned on its website, typical of early cryptocurrency ventures.
Its current defunct status means it is not under any active regulatory oversight.
What does “without ever holding a coin” mean for Quickbt.com?
This claim suggests that Quickbt.com may have operated on a non-custodial model, meaning it didn’t hold users’ digital currency funds on its servers.
Instead, it might have facilitated direct transfers from its own reserves to the user’s personal wallet upon purchase, reducing the risk of a central hack.
How long was Quickbt.com operational?
Quickbt.com was operational for approximately five years, from August 10, 2013, until December 10, 2018.
Should I trust a website that redirects to other services?
When a website redirects to other services, it’s generally a sign that the original site is no longer active for its primary purpose. While the redirection itself isn’t inherently untrustworthy, users should always perform their own thorough due diligence on the redirected platforms, as the original site bears no responsibility for them.
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