Author

Topic: Most Cost Effective way to buy Bitcoins? (Read 1160 times)

newbie
Activity: 35
Merit: 0
April 24, 2014, 05:58:14 AM
#8
Is Bitstamp a viable option?

I've been using coinbase, but I'm looking to buy large amounts (to me) of BTC for purchasing gear - and the fees I feel like are started to eat me up.  That coupled with the fact I have to wait so many business days, is hurting my ability to get things done quicker.

Bitstamp seems like a cheaper option if you're trying to buy large amounts, just sucks for US citizens that we can't do what looks like a free SEPA transfer, and have to do a wire transfer (again added fees and waiting).

Are there any options for US Citizens to do SEPA transfers?  Also I was thinking about making my own thread - more for resellers for BTC gear who need to convert their revenue back into BTC, but blah
sr. member
Activity: 448
Merit: 250
April 24, 2014, 05:07:53 AM
#7
you can purchase shares in both the bitcoin Trading and Mining pools, and fund their account with bitcoin, BTC-e, Perfect Money, EgoPay, PexPay, OKPay.
legendary
Activity: 1288
Merit: 1012
April 04, 2014, 02:34:38 AM
#6
You can try out virwox but their fees are too high gl.
newbie
Activity: 42
Merit: 0
April 03, 2014, 08:39:32 PM
#5
Well, I think I found a great way to do it!

I am now on #Bitcoin-OTC and have made my first purchase there.

It was very smooth, but I got lucky to have a trusted member walk me through everything.  If you go there make sure to read the "newbie" guide!

My name over there is boogiewu if anyone has any questions!

full member
Activity: 126
Merit: 100
April 03, 2014, 11:15:10 AM
#4
try https://localbitcoins.com/ and pay with wire transfer
or search in https://bitcointalk.org/index.php?board=53.0
there are a lot of sellers accept many payment options

Thanks I'll start there.

Local Bitcoins prices seem.... very inflated considering my wire transfer fees!

You should expect to pay a good sized premium using localbitcoins.  Unfortunately there are not many other options using paypal or based in the US.  You could use Coinbase but you need a bank account, paypal wont do it there.
newbie
Activity: 42
Merit: 0
April 03, 2014, 10:59:08 AM
#3
try https://localbitcoins.com/ and pay with wire transfer
or search in https://bitcointalk.org/index.php?board=53.0
there are a lot of sellers accept many payment options

Thanks I'll start there.

Local Bitcoins prices seem.... very inflated considering my wire transfer fees!
legendary
Activity: 1512
Merit: 1011
April 03, 2014, 10:46:49 AM
#2
try https://localbitcoins.com/ and pay with wire transfer
or search in https://bitcointalk.org/index.php?board=53.0
there are a lot of sellers accept many payment options
newbie
Activity: 42
Merit: 0
April 03, 2014, 10:32:52 AM
#1
I was looking to buy Bitcoins with my Paypal account but have seen that it is highly unlikely due to fraud.

I was wondering what the quickest and most cost effective methods are other than Paypal (I already maxed out my Coinbase for the week).

Thanks!
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