c/net is reporting that Bitcoin startup Circle is now open for public use worldwide in seven languages.
The fact that Circle is not a trading exchange is what sets it apart from many other Bitcoin services on the Web. Circle does not operate by offering users the option to buy into the cryptocurrency at a specific rate with hopes of trading it for more. Instead, the company simply provides a service in which users can deposit local currency in return for Bitcoin. Upon withdrawal, Bitcoin is converted to local currency. No fees are incurred for the service.Circle is the digital currency company founded in 2013 by Internet entrepreneurs Jeremy Allaire and Sean Neville.