Topic: Need to buy BTC w/ USD (Read 1043 times)
Thanks for the info guys. Ended up buying 200 BTC off Andrew Vorobyov as I needed the coins quick. I'll check out the websites linked, I'll eventually need a way to go the other way and liquidate some coins once I tire of hoarding my mining output.
Cash deposit to bitfloor is free and right now you can buy them for $5.27 (their fee for liquidity takers is 0.4%). Also, you can buy on CampBX for as low as $5.15 right now. They have several forms of free deposit and I believe their fee is 0.55%, but I don't think they have cash deposits yet (so it will be a little slower). BitInstant is also fast (their fees vary depending on the gazillion options they offer).
What's the fastest way to go about doing this? Skimming this sub-forum makes it sound like Mt. Gox is broken/slow and Tradehill is gone. I'd prefer an automated exchange versus having to make half a dozen trades to fill out my order. I'm looking to buy roughly 200 -250BTC in one order. Anyone have an exchange/process they've had good success with?
Fastest?
- http://www.BitInstant.com
Deposit at a bank. They'll limit you to $1,000 per day thought.
How about BitFloor, cash deposit at Chase.
- http://www.BitFloor.com
Heh, pick Chase bank as the option for BitInstant and when you visit do two transactions, one for BitInstant, one for BitFloor.
Next time, though, ... if you are verified, Dwolla to Mt. Gox is going to be the cheapest. But you asked fastest, not cheapest.
1. Top up your account ( https://www.liqpay.com/?do=topple_liqpay )
2. Tell me how much BTC you want.
3. Get ready to take picture of your ID where your name is written with English letters.
4. Next to your ID must be sheet of paper that says "I paid invoice #x at LiqPay.com" where X will be invoice id that you will receive from me by email.
No commission, price will be MTGOX rate at the time transfer is made.
Example, you card charged $100 USD. MTGOX rate is Bid/Ask 5.21/5.23. You will receive 19.12 BTC
2. Tell me how much BTC you want.
3. Get ready to take picture of your ID where your name is written with English letters.
4. Next to your ID must be sheet of paper that says "I paid invoice #x at LiqPay.com" where X will be invoice id that you will receive from me by email.
No commission, price will be MTGOX rate at the time transfer is made.
Example, you card charged $100 USD. MTGOX rate is Bid/Ask 5.21/5.23. You will receive 19.12 BTC
What's the fastest way to go about doing this? Skimming this sub-forum makes it sound like Mt. Gox is broken/slow and Tradehill is gone. I'd prefer an automated exchange versus having to make half a dozen trades to fill out my order. I'm looking to buy roughly 200 -250BTC in one order. Anyone have an exchange/process they've had good success with?
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