Author

Topic: Which are the cheapest BTC exchanges? (Read 1184 times)

hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
July 01, 2013, 03:03:22 PM
#13
Deposits and withdrawals to/from a US account look really easy there [CampBX].  They do a low volume?  Does that mean slow buy/sell transactions?
They have an extremely low volume, which obviously makes manipulations easier.

The low volume means the spread is larger, and it can take longer to fill orders if you don't want to cross the spread. While getting money to and from US accounts is nice and easy using Dwolla, the website itself is rather tediously slow, takes several seconds for any page load, and I don't like the layout, it seems like every piece of information is tucked away behind a different page load making the whole experience extremely time consuming to just put in a couple simple orders.
legendary
Activity: 1284
Merit: 1001
July 01, 2013, 02:54:31 PM
#12
The price is low for a reason.

Either there is no sufficient depth/order book, or it costs too much to move money in/out.

Moving fiat both into and out of Bitstamp is very cheap, quick and simple for most Europeans. What's hard is moving fiat out of MtGox, and this is why their price is so much higher than the other exchanges.
sr. member
Activity: 392
Merit: 250
July 01, 2013, 09:19:22 AM
#11
The price is low for a reason.

Either there is no sufficient depth/order book, or it costs too much to move money in/out.



don't forget this
sr. member
Activity: 431
Merit: 251
July 01, 2013, 09:09:21 AM
#10
Quote
No idea, i am Europe based.
Me too at the moment.  Are all Bitstamp deposits/withdrawals made via wire transfer?

Quote
They have an extremely low volume, which obviously makes manipulations easier.
Can you tell me a little more about this?  Are you saying if I want to buy BTC on campbx, there may be a long delay?

If you are in Europe, Bitstamp (with SEPA) is probably your best option.  If you have a US bank account though, and especially if you have a Dwolla account, then CampBX is probably better.

As for buying on CampBX and low volume, this is really only going to be a problem if you want to buy or sell lots of Bitcoin.  If you are looking to buy/sell less than 100 BTC or so, you should be perfectly fine.
legendary
Activity: 1372
Merit: 1000
July 01, 2013, 07:18:22 AM
#9
Quote
No idea, i am Europe based.
Me too at the moment.  Are all Bitstamp deposits/withdrawals made via wire transfer?

Quote
They have an extremely low volume, which obviously makes manipulations easier.
Can you tell me a little more about this?  Are you saying if I want to buy BTC on campbx, there may be a long delay?

legendary
Activity: 1316
Merit: 1003
July 01, 2013, 05:58:20 AM
#8
How is it making deposits and withdrawals to/from Bitstamp from a US account?
No idea, i am Europe based.
That only applies to fiat, correct?
Correct, BTC flow is as fast as on any other exchange.
Deposits and withdrawals to/from a US account look really easy there.  They do a low volume?  Does that mean slow buy/sell transactions?
They have an extremely low volume, which obviously makes manipulations easier.
legendary
Activity: 1372
Merit: 1000
July 01, 2013, 05:37:50 AM
#7
Quote
Gox is by far the biggest. Followed by Bitstamp that has roughly 1/4 of the volume.
How is it making deposits and withdrawals to/from Bitstamp from a US account?

Quote
Btce is not bad for trading but is a bitch when it comes to deposits and withdrawals.
That only applies to fiat, correct?

Quote
And CapBX, well not really anything to tell about them.
Deposits and withdrawals to/from a US account look really easy there.  They do a low volume?  Does that mean slow buy/sell transactions?
sr. member
Activity: 392
Merit: 250
legendary
Activity: 1316
Merit: 1003
June 29, 2013, 01:33:45 PM
#5
Real nice, thank you.  Are those considered to be the big 4 exchanges?  mtgox, bitstamp, btce, campbx?
Gox is by far the biggest. Followed by Bitstamp that has roughly 1/4 of the volume.
Btce is not bad for trading but is a bitch when it comes to deposits and withdrawals.
And CapBX, well not really anything to tell about them. Wink
legendary
Activity: 1067
Merit: 1000
June 29, 2013, 07:55:17 AM
#4
The price is low for a reason.

Either there is no sufficient depth/order book, or it costs too much to move money in/out.

legendary
Activity: 1372
Merit: 1000
June 29, 2013, 04:54:11 AM
#3
Real nice, thank you.  Are those considered to be the big 4 exchanges?  mtgox, bitstamp, btce, campbx?
hero member
Activity: 518
Merit: 500
June 29, 2013, 04:38:56 AM
#2
Use http://bitcoinity.org/markets/ and you can see in real-time for yourself
legendary
Activity: 1372
Merit: 1000
June 29, 2013, 04:05:31 AM
#1
Are there exchanges which have a consistently low price on BTC?  bitstamp.com has the lowest I've seen with $90.26 at the moment.
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