Cheapest place to buy Bitcoin in the US

wasserman99

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Quote from: caribbeanbitcoiner on September 06, 2014, 02:55:29 PM

Quote from: dankkk on September 06, 2014, 02:51:52 PM

Quote from: caribbeanbitcoiner on September 06, 2014, 01:11:27 PM

Is Coinbase my only option?

I would suggest trying to become a liquidity provider on localbitcoins.com. You can generally buy bitcoin at below market cost, however you will need to wait for people to take up your offer and would not be able to buy exactly when you want.

Sounds very interesting! can you explain more in newbie terms?

What you would basically do is setup an offer to buy bitcoin on LBC at something below the market price (it is priced in percentage terms of the bitstamp rate, so you could set it to 90% of the bitstamp rate). Then you would need to wait for someone to accept your offer, fund escrow, then you would send the other person payment as per the terms of your advertisement (You would say how you plan on paying the seller - you could choose to send them a western union payment for example).

oceans

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I have always found that coinbase have always done great deals when it comes to buying bitcoins in the US so this may be one for you to take a look at.

caribbeanbitcoiner

full member

Activity: 131

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Quote from: dankkk on September 06, 2014, 02:51:52 PM

Quote from: caribbeanbitcoiner on September 06, 2014, 01:11:27 PM

Is Coinbase my only option?

I would suggest trying to become a liquidity provider on localbitcoins.com. You can generally buy bitcoin at below market cost, however you will need to wait for people to take up your offer and would not be able to buy exactly when you want.

Sounds very interesting! can you explain more in newbie terms?

dankkk

sr. member

Activity: 308

Merit: 250

Quote from: caribbeanbitcoiner on September 06, 2014, 01:11:27 PM

Is Coinbase my only option?

I would suggest trying to become a liquidity provider on localbitcoins.com. You can generally buy bitcoin at below market cost, however you will need to wait for people to take up your offer and would not be able to buy exactly when you want.

caribbeanbitcoiner

full member

Activity: 131

Merit: 100

Quote from: gadman2 on September 06, 2014, 01:12:04 PM

Circle, I don't think they've officially released, but I have access.

I signed up twice but I guess I'm not good enough for them Embarrassed

snarlpill

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$5 24k Gold FREE 4 sign-up! Mene.com/invite/h5ZRRP

I usually buy from coin.mx if I am not doing a p2p trade. U.S. based, and once you get verified (not hard) you can do instant deposits from credit/debit card and fully Instant buys. A little while ago the selling price used to be higher than average, and a good arbitrage opportunity could be had. Now I think the prices have leveled a bit more with the average market price. Their support is A+ too from my experience, so they get my trusted vouch for them.

I dislike Coinbase. They have started banning accounts connected with BTC gambling, and I've heard numerous other problems from people. Plus a 4 day wait to get coins if you don't have a Visa card, get out of here. 4 days in the 24/7 crypto world might as well be 4 weeks to me.

Hope this helps,
snarlpill

Bigbear8

member

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Coinbase if you are looking for great deals..You can also use localbitcoins incase you find someone more suitable.

Mightycoin

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Merit: 10

Quote from: caribbeanbitcoiner on September 06, 2014, 01:11:27 PM

Is Coinbase my only option?

I guess coinbase is the best available option to buy.And I don't think others are cheaper than coinbase

gadman2

legendary

Activity: 977

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Circle, I don't think they've officially released, but I have access.

caribbeanbitcoiner

full member

Activity: 131

Merit: 100

Is Coinbase my only option?

Topic: Cheapest place to buy Bitcoin in the US (Read 1130 times)