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Topic: Fastest and Cheapest Way to Buy Bitcoin (Read 46754 times)

sr. member
Activity: 336
Merit: 250
DLISK - Next Generation Coin
October 04, 2014, 07:00:07 PM
#20
Is there a good way of buying bitcoin on credit card at all?!

I use virwox and have to currency convert over 3 times before I am able to withdraw in BTC!!!!

Please help!

www.circle.com
I wouldn't necessarily call this a good way to use a CC to buy bitcoin as you have to pay ~3% to the issuing credit card company and would pay interest right away instead of having the normal grace period before interest is charged
sr. member
Activity: 364
Merit: 250
October 04, 2014, 02:26:58 PM
#19
Is there a good way of buying bitcoin on credit card at all?!

I use virwox and have to currency convert over 3 times before I am able to withdraw in BTC!!!!

Please help!

www.circle.com
newbie
Activity: 1
Merit: 0
October 04, 2014, 01:10:04 PM
#18
Is there a good way of buying bitcoin on credit card at all?!

I use virwox and have to currency convert over 3 times before I am able to withdraw in BTC!!!!

Please help!
member
Activity: 98
Merit: 10
September 02, 2013, 11:55:26 AM
#17
I'm not sure where you are located, but I heard OKPay wasn't working with US residents.  I haven't tried, though.

You're right, they are not. Sad Government tyranny here in America is getting worse. I dont know where else to buy bitcoins.
hero member
Activity: 881
Merit: 500
CyberTrade
August 09, 2013, 11:43:23 AM
#16
www.Bitcoin-Brokers.org

You can buy bitcoin with a cash deposit at the following banks today:

Bank of America
Wells Fargo
Citibank
US Bank
PNC Bank
Chase

Bitcoin in your wallet super fast...same day.

Here is an 8000 view thread talking about the service:

https://bitcointalksearch.org/topic/buy-bitcoin-with-cash-deposits-at-most-banks-in-the-usa-with-bitcoin-brokers-237164
hero member
Activity: 698
Merit: 500
5% Bitcoin Discount - All Orders
So I am trying to do some calculations to figure out what the fastest and cheapest ways are to buy bitcoins.

Here's what I've come up with so far:

Bank Account --> Dwolla --> CampBX; Cost = 0.25 USD, Time = 3 days (for ACH)
eBay Purchase via PayPal, Cost: Astronomical (about 40-60%); Time = hours
Cash --> BitInstant --> (various); Cost = 1-2%; Time = about 90 minutes


So it looks like ACH to CampBX is cheapest for buying BTC and Bitinstant is the quickest.

Anyone care to add anything to the list that might be cheaper or quicker than I what I've come up with?

What country are you from?
member
Activity: 81
Merit: 10
In the UK at this point in time, the best and cheapest way is generally through p2p exchanges such as Bitbargain or Localbitcoins. 

There is a new site up called Bittylicious but they averaging around 8% above gox and you can get for around 2-4% on these two platforms above. 

Anyone know of other methods to buy coins if you live on this island commonly known as the united kingdom?
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
I'm not sure where you are located, but I heard OKPay wasn't working with US residents.  I haven't tried, though.
newbie
Activity: 30
Merit: 0
BTC-E 4% via OKpay
full member
Activity: 210
Merit: 100
Hi guys,

I need to buy BTC/LTC and other alts in a continous basis. I need to pay them with credit card or paypal. I need someone to sell me btc and other coins on a regular basis and volume.

We can do very small transactions so you make sure everything is fine and build a trust relationship.
member
Activity: 108
Merit: 10
BitcoinsCanada is very fast.
legendary
Activity: 2114
Merit: 1002
June 02, 2013, 08:44:53 AM
#9
It's really annoying that there is not a cheap escrow service. I have a couple of BTC for sale but I just do not want to end up out of pocket. It's a shame there's scammers out there that just rip everyone off and ruin it

Here's an escrow, they are based in Australia.
http://btcrow.com/
legendary
Activity: 2114
Merit: 1002
June 02, 2013, 08:43:30 AM
#8
My competitor site at dgtmkt.com - direct deposit via Malaysian bank accounts. Only 10 mins. The fastest in the world and its not even in USA.
legendary
Activity: 1012
Merit: 1000
We on P. Sherman 42 Wallaby Way, Sydney
June 02, 2013, 12:56:10 AM
#7
Cash to BTC via Bitinstant will cost you more than 1-2%. You are looking at 4% plus the $3.95 fee on top of that.

Still, it is probably the best method for someone new to the game. I bought hundreds of coins via Bitinstant last year and it was usually easy as can be.
newbie
Activity: 28
Merit: 0
June 01, 2013, 04:25:39 PM
#6
It's really annoying that there is not a cheap escrow service. I have a couple of BTC for sale but I just do not want to end up out of pocket. It's a shame there's scammers out there that just rip everyone off and ruin it
cp1
hero member
Activity: 616
Merit: 500
Stop using branwallets
June 01, 2013, 03:57:32 PM
#5
localbitcoins.com has escrow and you don't have to wait for confirmations
hero member
Activity: 504
Merit: 500
June 01, 2013, 03:56:56 PM
#4
Anyone mind reposting a link to that face-to-face BTC local exchange site for us new people? ;p
full member
Activity: 141
Merit: 115
June 01, 2013, 04:29:01 AM
#3
If you are UK resident:

https://bitbargain.co.uk/

I bought several times there using Bank Transfer (there are some other options for Barclays Bank and
Natwest Bank customers called Pingit and Natwest PYC respectively).

It has never taken more than 10 min to receive my BTC. They don't charge anything when you buy.

Prices start from Mt.Gox average up to 2-3% above it. If you want most offers visit them evening time (GMT).

full member
Activity: 121
Merit: 100
June 01, 2013, 02:40:17 AM
#2
local, with a face-to-face meeting
otc - get into the web of trust
sr. member
Activity: 252
Merit: 250
June 01, 2013, 02:27:01 AM
#1
So I am trying to do some calculations to figure out what the fastest and cheapest ways are to buy bitcoins.

Here's what I've come up with so far:

Bank Account --> Dwolla --> CampBX; Cost = 0.25 USD, Time = 3 days (for ACH)
eBay Purchase via PayPal, Cost: Astronomical (about 40-60%); Time = hours
Cash --> BitInstant --> (various); Cost = 1-2%; Time = about 90 minutes


So it looks like ACH to CampBX is cheapest for buying BTC and Bitinstant is the quickest.

Anyone care to add anything to the list that might be cheaper or quicker than I what I've come up with?
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