Can I Post Bond For An Inmate Using Cryptocurrency?

Posted by Orange County Bail Bonds Now on March 10th, 2018

So you are in need of a Bail Bonds in Orange County, but you're low on American currency? Luckily for you, the staff and company from Orange County Bail Bonds Now can help you today if you have any form of Cryptocurrency available! Give us a call and we can show you exactly how to get the process started, but keep in mind, we don't have to accept the currency that you have. 

How Can I Still Post Bond If Crypto Is All I Have?

For starters, we'll have to verify that the identity you are using is actually yours. Proper identification is all that we'll need at first.

Then what we'll do is verify that you have sufficient funds in your crypto bank account. Also, we'll do our due diligence by researching the coin you are planning on using to make sure it's worth any value.

Once we have verified that the coin is worth a considerable amount, we'll have no problem taking the risk. 

Can We Complete The Bail Process Over The Phone?

This depends due to a few reasons. Since cryptocurrency is still fairly new and is prone to cyber-hacking and fraud, we may require you to physically meet with one of our agents to verify your identity.

What we can do over the phone is:

1. Paperwork and applications. We generally try to get this completed over the phone anyways that way we don't waste any time during the pre-approval process.
2. Run any payments through debit or credit if you don't plan on using your Crypto. 
3. Send documents for signatures via DocuSign for electronic signatures.

Why We Accept Crypto As A Bail Bond Company

We chose to accept cryptocurrency back in 2016 when the currency "Bitcoin" came around due to it's popularity. Since then we have been able to bond out individuals through Bitcoin with a combined total of ,412. While this premium is non-refundable, the cosigners were unable to pay with American Dollars and this was their next best choice!

Another reason why we've decided to collect premium in the form of crypto is that these other companies simply don't do it! This is serious money that you can potentially be missing out on as an investor, business owner, bail agent or entrepreneur.

We'll end this rant on bail bonds accepting cryptocurrency with a solid conclusion. 

As leaders in the bail industry, we must strive to become innovators as technology advances and as our economy does as well. The companies that are being left behind are the mom and pop shops that refuse to try out new tactics, strategies and flat out new risks!

We're going to try to keep posting on this site as much as possible and if you want to follow us, remember that you can find us on Alignable, Facebook & Google Maps!