Buying coin..? | Bitcointalksearch.org

cabron

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Quote from: cryptovigi on September 18, 2020, 04:29:15 PM

have bought coins on binance via debit card many times and it was always ok ...

But there is one small problem ... Coins purchased with a credit
/ debit card must be stored for a minimum of 24 hours in the binance wallet - you cannot take them outside .. you can trade immediately but withdraw is possible no earlier than after 24 ...

Very inconvenient when you just purchase BTC all because you wanted to pay someone that very same day. I haven't experienced buying through a credit card but if this is the card with Binance, they are sure not the first place to go. But it pays to buy BTC ahead of time as investment as well than just letting money sleep on bank acounts.

cryptovigi

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have bought coins on binance via debit card many times and it was always ok ...

But there is one small problem ... Coins purchased with a credit
/ debit card must be stored for a minimum of 24 hours in the binance wallet - you cannot take them outside .. you can trade immediately but withdraw is possible no earlier than after 24 ...

OmegaStarScream

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All services charge about the same fee. You should consider using cards that allow C2C transfers (Paysera, Payoneer, Neteller, etc.) instead.

akram143

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Apart from coinbase and other trading platforms,you can try p2p exchanges as well, I can see good deals on LBC from USA and also quick transaction time,most of them uses moneygram as secure payment way so if you can better try for low fee.

jossiel

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Both are good exchanges but for the fees, you can compare them. In addition to what they've said, here are the links for both exchanges.

https://support.coinmama.com/hc/en-us/articles/360012659019-Fees-Charges

https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/fees

https://www.binance.com/en/fee/depositFee

barbara44

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I would say coinbase is still the best if you want to do legit places, I realize that not every person likes the fee structure there but honestly they are so big that they actually pay taxes and work with SEC and IRS which is more than I can say for many other places, so I would still prefer them over any other place.

I do not use them at all because I am not from USA which means if I want to use them I would have to swift money to them and it would be even more cost to me, I have local exchange in my own nation and very proud of them, however every nation has to use their own and you guys have coinbase that is best there. Of course you can just google other options and check what people say about them but believe me they will not be as good as coinbase in any other legal manner.

Findingnemo

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Quote from: Dumblefty24 on September 16, 2020, 06:50:04 AM

Hey, besides Coinbase and Cash App what's the best method to purchase? KYC is no problem if it's a legit company/website. I'll be using debit card. Seems like the going rate is around 10%, or 4% plus .0005 w/d which for $100 buyer = 10%.

I'm looking at Binance and Coinmama. Are those best/Cheapest or anything else out there?

Thanks for the help.

Edit- I'm in the US if that helps

Coinbase pro has less fee that coinbase so you can try it if you want but as far as I know Coinbase is best place to buy bitcoin for US residents and bank transfer has less fee than using a debit card.

Dumblefty24

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Quote from: Salauddin1994 on September 17, 2020, 02:24:19 AM

Coinbase is a great place to buy coins and keep all trader accounts and assets safe the platform is us-based which means they have to operate under the world's toughest financial regulatory body you can easily buy with a debit card. There are different products suitable for different traders and investors by adopting different payment methods including fiat currency low fees are accessible through many competitive exchange comparison browsers or smartphone applications.

literally says besides coinbase first line

GreatArkansas

legendary

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Have you tried to use BestChange (https://www.bestchange.com/)?
On that website, you can see and check some exchanges that got different rates and also you can compare them on BestChange.
Some of the exchanges there are also available for debit card or credit cards. Just explore their and you can check some best rates depends on what you want.

Salauddin1994

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Coinbase is a great place to buy coins and keep all trader accounts and assets safe the platform is us-based which means they have to operate under the world's toughest financial regulatory body you can easily buy with a debit card. There are different products suitable for different traders and investors by adopting different payment methods including fiat currency low fees are accessible through many competitive exchange comparison browsers or smartphone applications.

jackg

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https://bit.ly/387FXHi lightning theory

However long the bank payment takes to process.

For me it's virtually instant but I'm in the UK so I can't say fir the US. You could check your bank account or phone the bank.

Dumblefty24

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Quote from: jackg on September 16, 2020, 07:36:45 AM

Do you have to use a debit card? You pay much less fees using a bank transfer (and have more control over how much they take).

I think I pay about 0.5% in fees when I last bought with coinbase.. (pro.coinbase.com)

How long does it usually take until you can w/d the btc?

jackg

copper member

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https://bit.ly/387FXHi lightning theory

Do you have to use a debit card? You pay much less fees using a bank transfer (and have more control over how much they take).

I think I pay about 0.5% in fees when I last bought with coinbase.. (pro.coinbase.com)

Dumblefty24

newbie

Activity: 46

Merit: 0

Hey, besides Coinbase and Cash App what's the best method to purchase? KYC is no problem if it's a legit company/website. I'll be using debit card. Seems like the going rate is around 10%, or 4% plus .0005 w/d which for $100 buyer = 10%.

I'm looking at Binance and Coinmama. Are those best/Cheapest or anything else out there?

Thanks for the help.

Edit- I'm in the US if that helps

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