Author

Topic: What is currently the best exchange to buy BTC with fiat with small fee? (Read 209 times)

legendary
Activity: 1946
Merit: 1427
I've heard good things about CryptoVoucher, afaik they don't require KYC (although, if you use SEPA, they're bound to know most of your info anyways), and the fees are decent.

Haven't tried them out myself though, but it might be worth a shot. (You can buy a voucher for as low as 25$)
See https://cryptovoucher.io/#onLine
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
It's super annoying how people still refer to LBC as a good alternative. It was a good alternative, but has become a place that made people look around for alternatives.
With the levels of verification expected, I do not think many will resort to that site.
In 2019 it became impossible to buy large amounts of Bitcoin without checking.

The best solution is Binance, 2 BTC is not a big deal. But at least until now you can buy without restrictions.
If you have a lot of options "based on your country," this forum will be one of the places where you can buy/sell without KYC.
newbie
Activity: 342
Merit: 0
On local bitcoin site you need to verify your Govt identity one time but after that you can search for the traders who don't want to verify your identity while doing trades and also you can find the traders who are exchanging ETH for BTC.

Verification on LBC is just one aspect of the whole paranoid state they're in. LBC is frequently freezing accounts of those who suddenly see a spike in their volumes or other 'suspicious' changes in use, which then requires you to submit evidence of what is going on, and where you funds came from, who the people are you're dealing with, etc.

It's super annoying how people still refer to LBC as a good alternative. It was a good alternative, but has become a place that made people look around for alternatives.

Luckily i did not start there yet. Thank.
newbie
Activity: 342
Merit: 0
You could also try buying BTC with cash through Bitcoin ATMs, though some of them do require you to provide documents to purchase any amount of coins or above a certain amount. CoinATMRadar has a map you can use to see if there are any near you.

Thanks i will definitely will keep this in mind.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
You could also try buying BTC with cash through Bitcoin ATMs, though some of them do require you to provide documents to purchase any amount of coins or above a certain amount. CoinATMRadar has a map you can use to see if there are any near you.
legendary
Activity: 2170
Merit: 1427
On local bitcoin site you need to verify your Govt identity one time but after that you can search for the traders who don't want to verify your identity while doing trades and also you can find the traders who are exchanging ETH for BTC.

Verification on LBC is just one aspect of the whole paranoid state they're in. LBC is frequently freezing accounts of those who suddenly see a spike in their volumes or other 'suspicious' changes in use, which then requires you to submit evidence of what is going on, and where you funds came from, who the people are you're dealing with, etc.

It's super annoying how people still refer to LBC as a good alternative. It was a good alternative, but has become a place that made people look around for alternatives.
newbie
Activity: 342
Merit: 0
It will become harder and harder to find a exchange with those points. The randomness some got forced to kyc.
Starting/smaller exchanges would offer it but for how long and for sure they would charge higher fees when it becomes a sells pitch.
Im still waiting on a good p2p solution.
I think one is buy btc, another is withdraw to fiat. There is hardly possible to withdraw anywhere exept the bank account in Europe. This will be a big glass house in the future.
newbie
Activity: 342
Merit: 0
On local bitcoin site you need to verify your Govt identity one time but after that you can search for the traders who don't want to verify your identity while doing trades and also you can find the traders who are exchanging ETH for BTC.
I will check this.
hero member
Activity: 1568
Merit: 544
It will become harder and harder to find a exchange with those points. The randomness some got forced to kyc.
Starting/smaller exchanges would offer it but for how long and for sure they would charge higher fees when it becomes a sells pitch.
Im still waiting on a good p2p solution.
newbie
Activity: 342
Merit: 0
Paxful is pretty good, fees do vary by what vendor you use though. Fees will obviously be higher than what you get with an exchange and the best rates will likely be inaccessible to you at first as many vendors choose to trade with people that have a minimum of 25-100 transactions or something like that, but it's better than nothing and that's a fee you pay for avoiding KYC.
Thanks i will check!
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
On local bitcoin site you need to verify your Govt identity one time but after that you can search for the traders who don't want to verify your identity while doing trades and also you can find the traders who are exchanging ETH for BTC.
mk4
legendary
Activity: 2716
Merit: 3817
Paldo.io 🤖
The "best" is subjective completely depends on what your country is. For me though, just as always, I'd go for LocalBitcoins[1]. You can physically meet up with your buyer/seller to prevent banks and other mediators from snooping up on you.


[1] https://localbitcoins.com/
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
Paxful is pretty good, fees do vary by what vendor you use though. Fees will obviously be higher than what you get with an exchange and the best rates will likely be inaccessible to you at first as many vendors choose to trade with people that have a minimum of 25-100 transactions or something like that, but it's better than nothing and that's a fee you pay for avoiding KYC.
newbie
Activity: 342
Merit: 0
Since you want to use a bank transfer to fund your balance you will have no choice to abide by the KYC verifications. As soon a bank transfer is used (no matter for what, money in/out) ID verification is needed. And it's almost the same for cards.
If you really want to avoid to give your ID you can use sites like localbitcoin, paxful, or similar marketplace, Bisq
That's 2019, even a bank won't let you just login in a member area before verification.  Cheesy
I do not argue over some reasonable KYC, but now the Kraken started to ask to much. It changed conditions such that i can no longer able to use wire transfer so i have to verify again. Binance Jercy also reseted my id verification.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
Since you want to use a bank transfer to fund your balance you will have no choice to abide by the KYC verifications. As soon a bank transfer is used (no matter for what, money in/out) ID verification is needed. And it's almost the same for cards.
If you really want to avoid to give your ID you can use sites like localbitcoin, paxful, or similar marketplace, Bisq
That's 2019, even a bank won't let you just login in a member area before verification.  Cheesy
newbie
Activity: 342
Merit: 0
Hello,
I have got email from Kraken to strengthen their policy with regard to fiat deposit. Also Binance Jersy is getting annoying with their check. Coinbase is convenient for purchases with credit card, but fees are high. What is the best option for buying BTC, ETH with fiat at the moment with low fees with smaller KYC checks? Thanks.
Jump to: