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Topic: 2012-11-30 joecascio.net Coinbase - Finally, a simple, cheap way to buy bitcoin (Read 932 times)
November 30, 2012, 02:48:03 PM
November 30, 2012, 01:18:51 PM
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November 30, 2012, 01:06:58 PM
http://joecascio.net/joecblog/2012/11/30/coinbase-com-finally-a-simple-cheap-way-to-buy-bitcoin/
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Quote
I have been using Coinbase to buy bitcoin lately and have found it to be the simplest, lowest cost, if not the fastest alternative for online purchasing I have tried. They use convenient and very low cost (15 cent) ACH transfers to withdraw money from a bank account you designate to buy bitcoin, or into which to deposit money when you sell bitcoin. Because of the ACH transfer, it currently requires a US bank account. Their fee is only 1%, which is much lower than other services like Bitinstant, which charges 3.99% and also entails “surprise” charges by other intermediaries like TrustCash, which can raise the total charge to over 10% depending on how much you buy.
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