Topic: Plattform to buy BTC from time to time to my own wallet (Read 239 times)

Yes, indeed, they announced no fee for DCA, but it takes about 8 days if you do hourly DCA. I like it, works good. If I'm not wrong the spread is something like 0,13%. One more good at strike is, that if you choose flexible withdrawal of your bitcoins, you do not pay any transaction fees at all.

Pocket is pocketbitcoin.com a Swiss company allowing you to SEPA on an account which immediately gets exchanged into Bitcoins and transferred to your given wallet.

In addition, it appears strike is doing a no fee DCA as well but who knows how long it'll last as promos end at some point. Some good promos tbh but how's the spread though?

I've never heard of pocket TBH. Make sure they're reputable @OP.

A couple of times, to avoid the high Binance withdrawal fee, I sent Litecoin from Binance to eXch, converted to BTC there in my wallet. I certainly had funds on Binance, it sounds a bit complicated, but it was somewhat cheaper.

What I now use is Strike, Pocket currently. They have decent fees and in terms of Strike there is even a zero fee on chain transaction option.

But he said he has been using Binance, so....

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Bitcoin on Tron chain? is that really Bitcoin?

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OP how about platforms like
Hodlhodl.com
localcoinswap.com (You don't have to worry about withdrawal fees, just on chain transaction fees).

Alternatively, you can make bulk purchases instead of daily or weekly small purchases to avoid incurring very high exchange withdrawal fees
for example
Purchase and withdraw at once Bitcoin worth $1,000 ---> withdrawal fee $5 (0.0008 BTC)
Purchase $100 of BTC and withdraw each for 10 times ---> Total withdrawal fees $50 (0.008 BTC)

If you've same issues as the Op related with the high fee transactions, it could be due to congestions or depending on the network you uses for the transfer of the funds.
I can only recommend you to try the Tron network for the transaction which offers zero or lesser fees than other networks.

i thinks Binance is best to buy btc time to time

Hey also from Germany,

I was always buying my Bitcoin from Kraken and just recently discovered https://getbittr.com/.
I dont think there is a easier way to buy Bitcoin without any huge KYC.

You sign up (send me a PM if youd like to get a ref link for helping out), then you enter your BTC Adress, sign a message and enter the Bank Details where you will be sending money from...
Then you will receive a email with their bank details and done.
You send them an amount and they will buy at current market price and send it to your wallet you specified...
Really simple, I can help you out if you have any further questions.
Fees are really low. (1.5%)

Sent them 255€
Bittr Fee 3.83€
Miners Fee to send you BTC 0,00000374BTC

I setup a recurring Bank Transfer and now it will always automatically buy BTC.
Really simple.

In German and a bit more detailed
https://bitcointalksearch.org/topic/m.64082661

Thank you very much for your answer. I was just trying to say that I'm willing to go any way that is legal and has an acceptable difference.
Thank you for the links as well, I'll look into it.

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https://peachbitcoin.com/ could be of interesting for you too.

Thank you very much, I'll look into it.

From my perspective these two phrases contradict each other in the way that if you are looking to buy bitcoin from someone in the forum you will - most likely - pay a premium over it because you will be making a non-KYC[1] transaction. Some say that this price is even the right price for the bitcoin because the price that is being traded in the main exchanges has a hidden cost - your privacy.

On the other hand, fees on Binance are extremely high and they overcharge you especially when you want to withdrawal to your wallet (they don't even let you choose your fee rate because of it). You could save on the overall cost of the operation if the exchange allowed you to send your purchase directly to your wallet, but I do not have knowledge of any exchange doing that (please correct me if I am wrong).

As an alternative option, perhaps you could look upon Peach Bitcoin[2]. This is an no-KYC application - based in Switzerland - that gathers around people wanting to buy and sell bitcoin directly between each other, and you are able to send your purchase directly into your wallet (or address). You are able to buy up until 1000 CHF[3] (~1.033 €) per day (100.000 CHF (~ 103.000 €) per year) without the need to undergo KYC procedures, which keeps your privacy to you (as it should).

Do note that, on the top of the current price of bitcoin of the market within the application, Peach Bitcoin charges the buyer a 2% fee[4] besides the network fee, so take this in consideration if you're planning on buying there. You also have the option of setting up your own buy offer if you do not kind any that you think it's fair - it may take some time to fill up but usually it does according to the community.

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[1]https://thebitcoinmanual.com/articles/what-is-non-kyc-bitcoin/
[2]https://peachbitcoin.com/
[3]https://peachbitcoin.com/how-to-buy-btc-no-kyc/
[4]https://peachbitcoin.com/faq/trading/#what-are-the-fees-for-trading-on-peach

Bestchange (or Bisq). I don’t know if these options were considered as platforms for purchasing bitcoin, but I would not call these websites useless. Bestchange is an exchanger aggregator that has been tested for many years (more than 16 years, I hope, enough for trust?), allowing you to buy and sell bitcoin from anywhere in the world, not just from Germany.

This is the first time I have heard of such a practice. On bestchange you will receive exactly as many bitcoin as you indicate in the exchange request.

Bestchange supports many different payment methods - for any choice. To see it in person, just click on the green signature at the bottom of my post and you will be redirected to this website.

I'm open to anything that is legal and doesn't drain to much of the invest I would like to do. I do get recommendations on Twitter, but I'm 100% sure these trading sites are scam. Unfortunately, I've no solution, but I'm sure many are facing this problem.

I have the same problem in England. It would be useful if we could create a club here in the forum for these services. The trading boards are full of suspect threads, and offers that  don't appeal to me.

Hello,

I'm from Germany and I would like to buy Bitcoin from time to time, which than I transfer to my own wallet. I've used until now Binance, pocketbitcoin.com. On Binance I also used the P2P function, which than end into your spot wallet and withdrawal fees are very high. The cheapest I've seen until now was about 17€ and the most expensive about 80€. On pocketbitcoin.com it basically looks good, but after a test-buy I found out that roughly 15% less was transferred to my wallet.

I'm sorry if there is an answer somewhere in the forum, but I couldn't find anything useful. Does anyone know, or could recommend a trustful way buying Bitcoins from Germany without wasting to much of the reoccurring investment?

I would be willing to buy from someone here who is trustful, but I couldn't find offers from trusted people in the forum. I can do Credit Card, SEPA, Paypal or even hand over f2f if necessary as long as it is a fair exchange. The amounts are not going to be high, but regular. Could someone please point me to a service or a person?

Thank you very much in advance.