Author

Topic: Buying BTC (Read 390 times)

sr. member
Activity: 966
Merit: 342
May 27, 2017, 08:15:39 AM
#10
What is that SEPA, how do I pay with it?

SEPA is the Single European Payment Area.
http://www.ecb.europa.eu/paym/retpaym/html/index.en.html

If you're located in Europe, or have a bankaccount in Europe, it's almost certain a SEPA account.
If you're not located in Europe (or located in one of the few European countries which don't use SEPA), then you have to use to oldfashioned way.

A SEPA bankaccount always start with the countrycode, followed by numbers and/or letters. That's called an IBAN-number.
When you pay within SEPA the payment is usually done within 1 or 2 days - the cost is the same as a local payment. Payments are always in Euro.

When you don't know this, I guess you're not European. From what country (or US: what state) are you? Then I can take a look into better options for you.
full member
Activity: 209
Merit: 100
May 27, 2017, 08:02:07 AM
#9
What is that SEPA, how do I pay with it?
sr. member
Activity: 966
Merit: 342
May 27, 2017, 06:43:58 AM
#8
Hmm thanks for answers. Im not really looking to trade, more like investing $100 every month in BTC...so is there anything else worth considering or would Bitstamp be the best?

Where are you located?
There are several other exchanges, I'll name some of them (but there are more)

gdax.com  (better as buying directly on Coinbase)
kraken.com
if you're located in the EU: bl3p.eu

With all three I have good experiences.

sr. member
Activity: 966
Merit: 342
May 27, 2017, 06:41:42 AM
#7
Coinbase actually aren't like a normal exchange in that they don't have different prices for buying and selling.  They seem to cover the difference themselves somehow, and they have very high fees (1.49% as they show here).

Bitstamp's fees get progressively less the more you trade and are detailed here.

Coinbase's website and their services have been experiencing some downtime recently, so personally I would feel better on Bitstamp.

This is a big misunderstanding.

Coinbase isn't an exchange, but does have an exchange. When you log into gdax.com with the credentials of Coinbase, you have a very good exchange.
Makerfee 0%, takerfee 0.25% (or lower when you have high volumes). Transferring money between Coinbase and GDAX is free of charge.

full member
Activity: 209
Merit: 100
May 27, 2017, 06:36:08 AM
#6
Umm on Bitstamp there is a fee when you load money on it and another fee when you buy BTC with it right? So if I want to buy $100 woth of BTC first is card transaction fee, Im left with $93 and then another fee when I actually buy BTC...am I right?
sr. member
Activity: 476
Merit: 254
May 26, 2017, 02:07:14 PM
#5
Hello, what is better to buy Bitcoins (lower fees, etc...) Bitstamp or Coinbase?

For the opportunity to have different options to choose from, you can try localbitcoin where there are several people posting their individual prices in which you can choose the one that falls within your budget but you need to be careful because scammers are equally looking for people who are greedy and ready to rob them of their resources.
full member
Activity: 209
Merit: 100
May 26, 2017, 02:01:12 PM
#4
Hmm thanks for answers. Im not really looking to trade, more like investing $100 every month in BTC...so is there anything else worth considering or would Bitstamp be the best?
legendary
Activity: 924
Merit: 1002
May 25, 2017, 04:12:24 PM
#3
Coinbase actually aren't like a normal exchange in that they don't have different prices for buying and selling.  They seem to cover the difference themselves somehow, and they have very high fees (1.49% as they show here).

Quote
I would say that Coinbase has different price for bying and selling. May be I do not understand you correctly, but this is in Coinbase how they get some profit.

Bitstamp's fees get progressively less the more you trade and are detailed here.

Coinbase's website and their services have been experiencing some downtime recently, so personally I would feel better on Bitstamp.

Quote
If you want to pay with credit card I would suggest Coinbase, it`s instantly quick. Bitstamp credit card payment takes longer (you need to register at provider of payment processor) and there is high fee.
In opposite Bitstamp is better for trading when you have money there.
hero member
Activity: 574
Merit: 500
ClaimWithMe - the most paying faucet of all times!
May 25, 2017, 03:45:13 PM
#2
Coinbase actually aren't like a normal exchange in that they don't have different prices for buying and selling.  They seem to cover the difference themselves somehow, and they have very high fees (1.49% as they show here).

Bitstamp's fees get progressively less the more you trade and are detailed here.

Coinbase's website and their services have been experiencing some downtime recently, so personally I would feel better on Bitstamp.
full member
Activity: 209
Merit: 100
May 25, 2017, 12:13:01 PM
#1
Hello, what is better to buy Bitcoins (lower fees, etc...) Bitstamp or Coinbase?
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