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Topic: How Do You Buy BTC? - page 6. (Read 8969 times)

sr. member
Activity: 266
Merit: 250
July 06, 2014, 01:02:37 AM
#96
I have used Coinbase. My understanding is that Circle's new service is/will be similar. Is it live yet? Has anyone tried it? The more competition for exchanges and brokers, the better.

Can't say I've read too much positive things about them. I know many people dislike them because they look (and function) too similar to a bank. But if they allow users to buy BTC and withdraw them just like any other exchange, then I don't see the harm in using them.


they're like a broker. and i think they front run their customers. Roll Eyes
sr. member
Activity: 406
Merit: 250
July 06, 2014, 12:48:18 AM
#95
I have used Coinbase. My understanding is that Circle's new service is/will be similar. Is it live yet? Has anyone tried it? The more competition for exchanges and brokers, the better.

Can't say I've read too much positive things about them. I know many people dislike them because they look (and function) too similar to a bank. But if they allow users to buy BTC and withdraw them just like any other exchange, then I don't see the harm in using them.

In Australia I use CoinJar for buy and sell

Too bad they don't accept customers from NZ. The closest thing we've got here is bitNZ. I've never tried them but you have to submit ID and proof of address and their prices aren't that much lower than LocalBitcoins.com so I might as well just use them instead.
hero member
Activity: 504
Merit: 500
July 06, 2014, 12:17:47 AM
#94
Coinbase. when i get the itch to trade, i send coins to an exchange. Btce usually.
newbie
Activity: 55
Merit: 0
July 05, 2014, 07:43:54 PM
#93
I bought mine from localbitcoins.com
hero member
Activity: 658
Merit: 500
July 05, 2014, 06:20:30 PM
#92
i'm in the US, so i use Coinbase. direct ACH from my bank account, nice and easy. not for trading, though.

same here, it's by far the easiest way to get $ into bitcoin. but since i also trade, i generally move my coins to Stamp, BTC-E and Bitfinex once i have them. cold storage too. i would never store my coins at coinbase.
full member
Activity: 182
Merit: 100
July 05, 2014, 06:03:16 PM
#91
i'm in the US, so i use Coinbase. direct ACH from my bank account, nice and easy. not for trading, though.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 05, 2014, 04:49:22 PM
#90
i buy btc from btc-e and it a good exchange, never had any problems.

Do you send fiat there? I love BTCE as an exchange -- best trading platform and engine, IMO. But I have heard of people running into headaches wiring money there, not having it properly credited, and the situation being delayed by language issues from their customer service. I've never had issues, but I only send coins in and out.
sr. member
Activity: 1036
Merit: 275
July 05, 2014, 12:01:51 PM
#89
i buy btc from btc-e and it a good exchange, never had any problems.
hero member
Activity: 674
Merit: 500
July 05, 2014, 11:21:30 AM
#88
I haven't heard too many complaints about wiring money to Bitstamp/Bitfinex, but BTCE I have heard of people running into delays/issues.

But there are quite some complaints about the Bitstamp KYC. The following are some examples.
https://bitcointalksearch.org/topic/bitstamp-wanted-to-withdraw-money-and-was-hit-with-these-weird-kyc-questions-406908
https://bitcointalksearch.org/topic/kyc-with-bitstamp-520928
https://bitcointalksearch.org/topic/bitstamp-kyc-insanity-563071

hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 04, 2014, 06:30:19 PM
#87
Try Coinbase.com

Pretty sure Coinbase is US only. For US residents, it's a good/easy way to get money from your bank account into BTC. But it's certainly not good for trading, and I don't particularly trust their pricing mechanisms.
hero member
Activity: 1078
Merit: 504
July 04, 2014, 06:23:52 PM
#86
I bought bitcoin in this forum currency exchange section.
newbie
Activity: 21
Merit: 0
July 04, 2014, 05:10:53 PM
#85
Try Coinbase.com
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 04, 2014, 03:52:04 PM
#84
exchanges, no other way tho

There are plenty of other ways. Local Bitcoins as some have said, IRC, trading and certain forum marketplaces, black markets and plenty of other ways.

Black markets? Do tell.

Localbitcoins is easiest -- I love cash/in-person but that will only get you so far if you really want to buy in/cash out a lot. I haven't heard too many complaints about wiring money to Bitstamp/Bitfinex, but BTCE I have heard of people running into delays/issues. However, BTCE is the superior trading platform of the three IMO.
hero member
Activity: 577
Merit: 504
July 04, 2014, 08:20:15 AM
#83
exchanges, no other way tho

There are plenty of other ways. Local Bitcoins as some have said, IRC, trading and certain forum marketplaces, black markets and plenty of other ways.

Maybe he want to say he only uses exchanges and no other way to buy bitcoin himself?  Smiley
member
Activity: 64
Merit: 10
Experience is simply the name we give our mistakes
July 04, 2014, 08:12:59 AM
#82
Used localbitcoins once, but it's pretty expensive (10-15% onto current market value).
bitcoin.de is my favorite now. Works with SEPA, low fees and most of the time <24h 'till I have the BTC.
legendary
Activity: 2296
Merit: 1014
July 04, 2014, 08:06:48 AM
#81
exchanges, no other way tho
newbie
Activity: 17
Merit: 0
July 04, 2014, 07:31:26 AM
#80
I use localbitcoins to buy bitcoin.
The price is slightly higher there, but I can get the bitcoin fast and without any verification.

Same here. They're slightly more expensive (around 10 percent more in my country) but when your goal is to buy small amounts of BTC and hodl them long term, the price difference isn't really going to make that much of a difference anyway 5 or 10 years from now. Heck, I've seen the BTC/USD price move more than that in the space of a single day.

You're right, in fact just today the price has gone over 5% down and 5% up.
sr. member
Activity: 406
Merit: 250
July 04, 2014, 07:05:16 AM
#79
I use localbitcoins to buy bitcoin.
The price is slightly higher there, but I can get the bitcoin fast and without any verification.

Same here. They're slightly more expensive (around 10 percent more in my country) but when your goal is to buy small amounts of BTC and hodl them long term, the price difference isn't really going to make that much of a difference anyway 5 or 10 years from now. Heck, I've seen the BTC/USD price move more than that in the space of a single day.
hero member
Activity: 577
Merit: 504
July 04, 2014, 06:55:49 AM
#78
I use localbitcoins to buy bitcoin.
The price is slightly higher there, but I can get the bitcoin fast and without any verification.
newbie
Activity: 17
Merit: 0
July 04, 2014, 04:30:43 AM
#77
Exchanges are the easiest way for me. I have a verified igot account so it takes me a day or two to get coins / funds in or out
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