Topic: Buy/Sell Cheapest Bitcoins with Bank wire (Read 1828 times)

This occurs on localbitcoins is not surprising. it is not a real exchange but a p2p market.

what a flash crash!

$10,100 per BTC on localbitcoins  ?!! 

right.
but where you buy bitcoin that need not intermedium while intermedium will charge a fee, who willing to trade by face to face?

In fact, very little charged by exchange. Bank wire would be charged by bank, any third pay would be charged by exchanges and payments, this is a fairly large cost.

we all would be better to trust coinbase, both are 1% cost, but compared to the rebellious price on localbitcoins which usually more 20%~80% expensive than the market.  

e.g.
Gray line is it

recent 30 day


recent 7 day

Localbitcoins is the best! If you have a trusted seller/buyer

For the entry and exit ways are not the same, but bank wire is feasible in each Exchanges, and bank fees are not included.

Buy 1 bitcoin with USD on the following exchanges:



Bitstamp

[Buy] 0.1%$ + 0.5%BTC
Deposit USD: 0.1%  ->  Buy BTC:  0.5%  ->  Withdraw BTC: 0

[Sell] 0.59%$  -  Not cheapest to sell since the minimum fee, unless the price more than $15,000/BTC
Deposit BTC: 0  ->  Sell BTC: 0.5%  ->  Withdraw USD: 0.09%

Note:
Minimum deposit fee is $15
No volume within last 30 days


LakeBTC

[Buy] 0.2%BTC  -  Cheapest to buy!
Deposit USD: 0  ->  Buy BTC:  0.2%  ->  Withdraw BTC: 0

[Sell] (0.4%$ + 5)$  -  Cheapest to sell for now until the price reach at $2500/BTC
Deposit BTC: 0  ->  Sell BTC: 0.2%  ->  Withdraw USD: 0.2% + $5

Note:
The fee rates in promotion for a long time, which may change someday
Minimum USD withdraw is $50
Buy/Sell BTC with Taker


Bitfinex

[Buy] 0.1%$ + 0.2%BTC
Deposit USD: 0.1%  ->  Buy BTC:  0.2%  ->  Withdraw BTC: 0

[Sell] 0.3%$  -  Not cheapest to sell since the minimum fee, unless the price more than $20,000/BTC
Deposit BTC: 0  ->  Sell BTC: 0.2%  ->  Withdraw USD: 0.1%

Note:
Minimum deposit fee is $20
Minimum withdraw fee is $20
Buy/Sell BTC with Taker


BTC-e

[Buy] 1%$ + (0.2% + 0.001)BTC
Deposit USD: 1%  ->  Buy BTC:  0.2%  ->  Withdraw BTC: 0.001 BTC

[Sell] 1.7%$
Deposit BTC: 0  ->  Sell BTC: 0.2%  ->  Withdraw USD: 1.5%

Note:
Yes, 1% and 1.5% fee with bank wire charged by btc-e, there is nothing wrong, I specifically went to btc-e website to check it out again before the release
Minimum USD deposit is $2,000 that means the minimum fee is $20
Minimum BTC withdraw is 0.002 BTC, and daily limit withdrawal is 100 BTC
Minimum USD withdraw is $1,000, but the minimum fee is $15


Coinbase

[Buy] 1%$
Buy BTC:  1%

[Sell] 1%$
Sell BTC: 1%

Note:
Anyway coinbase will charge 1% to convert bitcoin into your local fiat currency


LocalBitcoins

[Buy] 1%BTC
Buy BTC:  1%

[Sell] 1%$
Sell BTC: 1%

Note:
1% fee from the purchase amount, USD or BTC


ANX

[Buy] 0.6%BTC
Deposit USD: 0  ->  Buy BTC:  0.6%  ->  Withdraw BTC: 0

[Sell] (1.1% + 25)$
Deposit BTC: 0  ->  Sell BTC: 0.6%  ->  Withdraw USD: 0.5% +$25

Note:
Minimum USD deposit is $100


itBit

[Buy] 5$ + 0.5%BTC
Deposit USD: $5  ->  Buy BTC:  0.5%  ->  Withdraw BTC: 0

[Sell] (0.5% + 30)$
Deposit BTC: 0  ->  Sell BTC: 0.5%  ->  Withdraw USD: $30

Note:
Buy/Sell BTC with Taker



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