does the bitcoin become cheaper if you buy from a country with a low currency value?
Topic: cheapest way to buy bitcoins (Read 453 times)
does the bitcoin become cheaper if you buy from a country with a low currency value?
does the bitcoin become cheaper if you buy from a country with a low currency value?
Now bitcoin is cheap everywhere.)) Safely buy on the exchanges. The best way to buy directly from the coin owner. Such a rush as last year is no longer, so the prices are almost the same everywhere.
does the bitcoin become cheaper if you buy from a country with a low currency value?
What do you mean the value of a low currency? what pair? USD?
in my opinion this is not possible, if a currency even has a low currency due to inflation, even though it is dealing with a BTC pair, they will definitely still use a rate that is more or less the same
does the bitcoin become cheaper if you buy from a country with a low currency value?
Literally bitcoin was too expensive if you buy em 1 each, then as far as I know in every country that are open into bitcoin each of them are not having the same amount of price because it will depend on the value of their fiat currency that's all I know about it. Although the market in crypto or bitcoin trading was totally down compared to to 2017 that was 19k$ almost.
does the bitcoin become cheaper if you buy from a country with a low currency value?
I guess the prices are just the same everywhere despite of having different currencies. If you would want to purchase at a cheaper price, then you should be wise to buy during this time where the prices are still low. You should be smart enough to buy while the market is in dip. Through that, you will be able to gain a better profit in the future.
The best way and almost cheapest way that you could find bitcoin sellers around yourself is localbitcoins website , That is great and you can see high trusted sellers and choose the best rate , Of course you need to pay some fee to localbitcoins website , but everything in it is so smooth and you can assure that you are using a well known website .
does the bitcoin become cheaper if you buy from a country with a low currency value?
I guess the prices are just the same everywhere despite of having different currencies. If you would want to purchase at a cheaper price, then you should be wise to buy during this time where the prices are still low. You should be smart enough to buy while the market is in dip. Through that, you will be able to gain a better profit in the future.
There is no same price of Bitcoin everywhere but the difference is very less and price increase and decrease is directly proportional to the BTC price is USD, so there is no point of getting BTC much cheaper anywhere. Someone wrote here that if someone is need of quick money he may sell the BTC at cheaper price but in regular exchange price of Bitcoin will be almost same. If currency value of any country is low as comparison to USD then higher value of that particular currency needs to be invested to buy Bitcoin.
does the bitcoin become cheaper if you buy from a country with a low currency value?
does the bitcoin become cheaper if you buy from a country with a low currency value?
Cryptocurrency exchanges is one of the best ways to buy bitcoin, for example exmo, yobit.
i thought that there's only one price everywhere. after reading the comments here, i just realized that there's still information i have not heard before. good that i saw this thread.
Even in CMC you'll see that there are different prices so it only differs by law of supply and demand in an area or per transaction. I say the transaction of 2 parties involved.
Until last year this possibility of arbitration between countries was real. I remember that for a long time, the value of bitcoin in Korean exchanges had a value above the price seen in other countries, due to the great demand there.
This was also happening in my country, Brazil. But nowadays prices are homogeneous with very few variations.
This was also happening in my country, Brazil. But nowadays prices are homogeneous with very few variations.
does the bitcoin become cheaper if you buy from a country with a low currency value?
I have noticed that bitcoin price remain the same in every exchange usually it doesn't change. When people need urgent cash then they sometimes consider selling at à little bit less price but all the country adjust bitcoin price with a global price.
does the bitcoin become cheaper if you buy from a country with a low currency value?
no the value of bitcoin is the same in everywhere, because all countries follow the price of bitcoin by adjusting the price of their currency. so if you buy in any place the results remain the same. why don't you buy bitcoin now cause i think this is the lowest price.
It is not 100% same price, there is always price differences among exchanges although only so small amount. Maybe this price differences is the one asked by OP. I think that OP is looking for a chance to do arbitrage trading where he want to buy at cheaper rate on exchange A then sell it with higher price on exchange B so that's why he ask like this.
I don't think so, even though bitcoin is a decentralized market but will have the same price and even though there are some differences but it is only a few percent and will not differ much like earth and sky. So wherever you buy bitcoin I'm sure it will be the same even if you buy on an exchange based in a country that only has a low currency value.
does the bitcoin become cheaper if you buy from a country with a low currency value?
does the bitcoin become cheaper if you buy from a country with a low currency value?
no the value of bitcoin is the same in everywhere, because all countries follow the price of bitcoin by adjusting the price of their currency. so if you buy in any place the results remain the same. why don't you buy bitcoin now cause i think this is the lowest price.
Their isn't much difference of price in every country simply because local exchange also rely on different exchange site. Not unless you'll buy personally and you know the person very well, you can ask for discount if he agreed. Their are times that price in local exchange is cheaper of few bucks, also their are times they are ahead. Since they aren't much difference, don't mind it, just buy.
does the bitcoin become cheaper if you buy from a country with a low currency value?
i thought that there's only one price everywhere. after reading the comments here, i just realized that there's still information i have not heard before. good that i saw this thread.
what is recommended is to buy with paypal, because you could be cheaper for the added risk.
Good luck finding someone, who will sell you bitcoins with paypal
It is not recommended to sell bitcoins to anyone paying with paypal. Paypal transactions can be CANCELLED and bitcoin transactions can't.
Of course buying with paypal is safe. It is just that no-one will sell coins that way. Atleast no-one should do that.
no, bitcoin has the same exchange rate throughout the world, except Iran. in Iran, the exchange rate is still high. but for all countries, the estimate of the value of bitcoin against the local currency is the same, and also uses the dollar as the main estimate.
It only differs slightly from the original value but its not an option to buy,there must be an elevated fee for a withdrawal.The value of FIAT for cryptocurrency has been balanced but still all of its an offer from the user,it could be that the value of BTC is cheaper if there is an offer for you below the value at that time.
I have been in the cryptocurrency world for more than 3 years and I have never seen the price of bitcoin be cheaper in some places, the price of bitcoin is set around the world and there is no special price comparison
does the bitcoin become cheaper if you buy from a country with a low currency value?
I don't think so, I've investigated countries where currencies have lower values and are almost always equal to the exchange rate, prices are reflected at the same dollar price, or at least that happens in localbitcoin, what is recommended is to buy with paypal, because you could be cheaper for the added risk.
Prices varies on different bitcoin wallet platforms, it changes as well throught time, only thing that makes it cheaper is by buying it from someone that needs it urgently, but still the risk factor is bigger if you choose it. I suggest buying on trusted wallet and exchanges
I think it sometimes varies from exchange to exchange so one could buy at a cheaper exchanges. another thing is using fiat as per the exchange rate per time when compared with a standard exchange rate, one could buy from a local verified escrow group at a much cheaper rate and sell off at an approved exchange banking on some price stability.
does the bitcoin become cheaper if you buy from a country with a low currency value?
No, the value is same everywhere.
But if you buy from a person who needs money quickly and is in an unstable country, where selling could be slow or difficult. Then yes.
does the bitcoin become cheaper if you buy from a country with a low currency value?
The bitcoin price could change but just in exchanges. But ofcourse the price change would be too small. The people usually check the bitcoin price in coinmarketcap website and you can see the differences easily from there. Go to the coinmarketcap.com, hit the bitcoin and ten hit the markets and you can see the difference from the markets. Here you can check: https://coinmarketcap.com/currencies/bitcoin/#markets
I think the price of bitcoin is almost the same at every exchange, maybe there is no other way to buy bitcoin at a cheaper price than we wait for the market to fall.
A commission is provided for at all the exchanges and exchange offices (otherwise, it makes sense to work with them). The only option to buy Bitcoin without commission is to contact private sellers.
The forums are full of offers for the sale of BTC, speculators are not fools, they know the real value of such an asset, so it is not always possible to find a profitable course.
This option to buy BTC is the most insecure. If you decide to use it, be sure to involve the guarantor (there are special services on the network).
Only in this case, again, you will need to pay a commission. It is possible to bypass it only by a personal meeting with the seller. In every major city manages to find speculators.
It is important to understand that after transferring Bitcoin to your address, the seller can no longer cancel or return the currency (it is simply impossible). However, it is better to immediately arrange a meeting in a cafe, because the transaction can take more than an hour.
Until you receive a transfer, do not give money, fraudsters often catch victims with this bait.
The forums are full of offers for the sale of BTC, speculators are not fools, they know the real value of such an asset, so it is not always possible to find a profitable course.
This option to buy BTC is the most insecure. If you decide to use it, be sure to involve the guarantor (there are special services on the network).
Only in this case, again, you will need to pay a commission. It is possible to bypass it only by a personal meeting with the seller. In every major city manages to find speculators.
It is important to understand that after transferring Bitcoin to your address, the seller can no longer cancel or return the currency (it is simply impossible). However, it is better to immediately arrange a meeting in a cafe, because the transaction can take more than an hour.
Until you receive a transfer, do not give money, fraudsters often catch victims with this bait.
There is no cheapest way to buy bitcoin however you can buy it from someone who needs urgent cash. The smart way to buy bitcoin is to buy when the price is low. If you see the price was $3700 on 27th nov but now the price is $4,224.38 on 29th nov.
Coinbase is the quickest and cheapest way to buy Bitcoins
You will pay at least 1.49% of your purchase amount as a fee when you buy Bitcoin with Coinbase. It will charge at least 3.99% of your purchase amount if you use a credit or debit card to buy Bitcoin.
Coinbase is the quickest and cheapest way to buy Bitcoins
You will pay at least 1.49% of your purchase amount as a fee when you buy Bitcoin with Coinbase. It will charge at least 3.99% of your purchase amount if you use a credit or debit card to buy Bitcoin.
We did have exchanges in the past with a higher bitcoin price (Korea, India etc.). If someone manages to get verified, he could always buy by trading with other individuals with the normal rates and sell back in these local exchanges to make a little profit. Aside from that, the best way is probably to trade with people so you can eliminate any third party fees.
does the bitcoin become cheaper if you buy from a country with a low currency value?
No, the value is same everywhere.
But if you buy from a person who needs money quickly and is in an unstable country, where selling could be slow or difficult. Then yes.
Not technically true, there are some regional differences. South Korea is renowned for having much higher costs than elsewhere in the world. But yes, for the most part the differences are negligible and only really in place when those countries have strict regulations that stop many people from being able to buy on their markets.
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does the bitcoin become cheaper if you buy from a country with a low currency value?
No, the value is same everywhere.
But if you buy from a person who needs money quickly and is in an unstable country, where selling could be slow or difficult. Then yes.
does the bitcoin become cheaper if you buy from a country with a low currency value?
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