Topic: High fees at other vexchanges on the market. (Read 2818 times)

Hi all

So to update, I've been using hitbtc now for the past week or so and it's been working out fine so far.. interface takes some time to get used to but after that it's kinda simple for just basic trading like I need. One thing is that to withdraw fiat you have to wire in funds from your nominated bank account first (I guess some security thing, not sure) - which takes a while but after that the withdrawals seem to go pretty fast, i've made 3 now (well almost), will attach a screenshot fyi. Thanks again everyone for helping out!

https://i.imgur.com/l9cHoUm.png?1

Hi all
So I wanted to say firstly thank you to everyone who posted here to help me out - i got a lot of useful info which i will refer to in future (i guess it won't get deleted for a while? 
I've now had a chance to look at a lot of different exchanges and do some research on them, and after everything i settled on bitstamp and hitbtc. These two had the easiest interface i found, with everything set out in a sensible way and their credentials obviously seem pretty good so i doubt i'd have any major problems
As i'm looking to withdraw in euro in the end, i'm thinking hitbtc will be best though. I noticed bitstamp is in the US and when i opened an account there was no euro stuff anywhere, despite them saying they cater for euro withdrawals too. I later found that you have to withdraw money in dollars and then it gets transfered as euro, but that you won't know how much euro you get until after you've completed the transaction.....obviously that's not quite good enough for me as I want to know what i'm getting really. I also thought (but don't know) that if it's being sent from the US, it could take a while to reach a european bank account.
My account on hitbtc definitely shows euros and I read they're europe based so that kinda clears up any issues i had with bitstamp i guess. i need to make a deposit to my account from my bank account to verify it first though, which will take a day or two perhaps, but then i should be good to go.
thanks everybody again - i'll write here again to let you know how it's going and if there are any issues of course.

So I looked at other exchanges. I looked at hitbtc - they have a normal faq and how-to at least.

Now I understand you a bit more.

Not so much, but its my salary for a full time day job – so all of my money.

It was such a long time ago and did not reoccur with any other exchange. How much cash will you want to keep there?

I will check it

I think ease of use, simple interface and safety at least! Don’t want to lose money. I heard about Mt.gox issues.

lol - look at this thread. Just wanted to suggest a Cryptsy.
https://bitcointalksearch.org/topic/cryptsy-has-fixed-a-recent-site-issue-665572 

hm. This thread is about withdrawals… what else do you need? 

Yea, but I need to be sure about other stuff too..

I used Bitstamp and Hitbtc – they have same fees, but bitstamp is much bigger. But all went ok both times.

Found two new exchanges: icbit and hitbtc. But I don’t know if I can trust them any more than others.

Mika, so what did you choose?

k. ur choice

yea, but I wrote that I can’t understand anything there and I do not trust them enough.

Ok, your choice. When I need that, I choose btc-e. Yes, they have some problems with support etc. but it otherwise works fine and I’ve not had any problems with them before.

Bitcoin exchanges involve real money. I don’t need something where I’ll get problems with withdrawal etc in future. I need somewhere where I can easily exchange my bitcoins for euros with minimal losses on withdrawal.

Mika, are you stupid? Don’t waste your time – choose market leaders.

Sure. I’ll take another look at the market by myself.