Topic: Which exchange is the most honest and reliable? (Read 1208 times)
I have used btc-e and cryptsy but I have yet to buy btc anywhere but locally or on eBay, although eBay is overpriced because most people buying are actually scammers, I just got lucky and bought at the going rate.
cavirtex answers your question.
the best in the business.
the best in the business.
I have used btc-e and cryptsy so far and don't have anything bad to say. I don't leave a ton of any coins on the servers and once I have traded them to the coin I want I pull them off just incase they get hacked or something.
I have used BTC-e and cryptsy for awhile now. Both are thumbs up for sure.
I've made three SEPA deposits to Kraken and each time they were available the next business day. I haven't withdrawn anything yet but BTCs. The website is really well done and the possibility to use leverage is quite interesting (and risky!). I believe you need to be verified to use this feature though. Bitstamp looks good too, much more volume.
I can confirm kraken processes payment VERY fast. And the registration process is very fast as well and not nearly as restrictive and tedious as mtgox and btc-e. In fact after about a week mt. Gox finaly emailed me about my registration, and they DENIED it (while I sent them legal documents that are undeniable proof of residency) while kraken accepted them in a matter of hours.
Can't even get money into btc-e so I'm not even going to bother with that. Not to mention I hear a lot of stories that tons very hard to get money out of mtgox.
I honestly believe kraken is not nearly as popular as it should be, just because it's new doesn't mean it is bad. Quite the contrary in fact.
Localbitcoins works well too, easy to use, just note that it's kind of like an eBay for bitcoins, you or buying them "over the counter" from individuals, and it's possible to get scammed, so make sure you're dealing with trustworthy people only.
Kraken will get much more popular and liquid when they accept CA amd NY clients. Until then they will have low liquidity. I really like their support and the website is rock solid with unmatched security. Oh, and if they try to rob me, I can show up with the Feds at their door and at their bank without much hassle.
I have done a little localbitcoin but nearly got scammed for a sizeable amount by a counterfeiter. Lucky for me my bank recommended a cool little counting and counterfeit detection machine that saved me a load of coin. For all the crap said about banks, I would rather trust them with my BTC than most the endless fraudsters in Bitcoinland.
What is sad is that BTC-e probably started just fine but they seem to be overrun with inside scammers and all the newbs here look ridiculous when Hero members still talkup BTC-e. Seems that BTC-e knows very well how to play the shill game on these forums too as they have been here for a while.
I've been using most of the exchanges for the last six months. In order of reliability for me:
Reliable so far:
1) Coinbase
2) Bitstamp.net (Coinbase's exchange)
Reliable so far:
1) Coinbase
2) Bitstamp.net (Coinbase's exchange)
Agreed on both of these. I'll note I only have used Coinbase to convert to fiat, rather than the other way around. I have heard of some having difficulties in the other direction. I am about to try buying BTC from them, but will only do it if the price goes down in the near future. At least in some significant amount. Regardless of price, I am going to do a couple buy transactions just to verify a credit card and jack up my limits a bit.
As for Bitstamp, I do not use them personally as an exchange, but I consider their ticker a lot more reliable indicator of value than the often fantastic and unbelievable prices the Magic the Gathering exchange gives. How the Magic the Gathering folks are considered the leading exchange is kind of a mystery, because their ticker is ludicrous. It is hard to avoid the conclusion that these guys have no idea what they're doing.
I have had no problems buying or selling BTC with Coinbase. I think it depends on your bank account and credit score, which they internally calculate rather than make a credit inquiry. I see lots of posts about Coinbase cancelling purchases. I can only assume their fraud warning system still needs work.
I agree regarding Gox - their price ticker is useless for me without ability to draw USD or other Bankster fiat as well.
I've made three SEPA deposits to Kraken and each time they were available the next business day. I haven't withdrawn anything yet but BTCs. The website is really well done and the possibility to use leverage is quite interesting (and risky!). I believe you need to be verified to use this feature though. Bitstamp looks good too, much more volume.
I can confirm kraken processes payment VERY fast. And the registration process is very fast as well and not nearly as restrictive and tedious as mtgox and btc-e. In fact after about a week mt. Gox finaly emailed me about my registration, and they DENIED it (while I sent them legal documents that are undeniable proof of residency) while kraken accepted them in a matter of hours.
Can't even get money into btc-e so I'm not even going to bother with that. Not to mention I hear a lot of stories that tons very hard to get money out of mtgox.
I honestly believe kraken is not nearly as popular as it should be, just because it's new doesn't mean it is bad. Quite the contrary in fact.
Localbitcoins works well too, easy to use, just note that it's kind of like an eBay for bitcoins, you or buying them "over the counter" from individuals, and it's possible to get scammed, so make sure you're dealing with trustworthy people only.
I've been using most of the exchanges for the last six months. In order of reliability for me:
Reliable so far:
1) Coinbase
2) Bitstamp.net (Coinbase's exchange)
Reliable so far:
1) Coinbase
2) Bitstamp.net (Coinbase's exchange)
Agreed on both of these. I'll note I only have used Coinbase to convert to fiat, rather than the other way around. I have heard of some having difficulties in the other direction. I am about to try buying BTC from them, but will only do it if the price goes down in the near future. At least in some significant amount. Regardless of price, I am going to do a couple buy transactions just to verify a credit card and jack up my limits a bit.
As for Bitstamp, I do not use them personally as an exchange, but I consider their ticker a lot more reliable indicator of value than the often fantastic and unbelievable prices the Magic the Gathering exchange gives. How the Magic the Gathering folks are considered the leading exchange is kind of a mystery, because their ticker is ludicrous. It is hard to avoid the conclusion that these guys have no idea what they're doing.
I've made three SEPA deposits to Kraken and each time they were available the next business day. I haven't withdrawn anything yet but BTCs. The website is really well done and the possibility to use leverage is quite interesting (and risky!). I believe you need to be verified to use this feature though. Bitstamp looks good too, much more volume.
I've been using most of the exchanges for the last six months. In order of reliability for me:
Reliable so far:
1) Coinbase
2) Bitstamp.net (Coinbase's exchange)
3) Cryptsy - only used to buy alts.
Usable and reliable so far:
1) Crypto-Trade
2) Kraken
3) CoinEx
Completely unreliable :
1) BTC-e - run by known scammers. Selectively target high value accounts. Have lost many BTC from them seizing my account for no good reason other than I created a second (verified) account. Support completely unresponsive.
2) MtGox - run by non-finance types who are fairly comical in their support. Nothing stolen by them but they will not give USD out so they are useless for fiat cash out (not important to me). Have used them to buy BTC but they are always the most expensive.
Reliable so far:
1) Coinbase
2) Bitstamp.net (Coinbase's exchange)
3) Cryptsy - only used to buy alts.
Usable and reliable so far:
1) Crypto-Trade
2) Kraken
3) CoinEx
Completely unreliable :
1) BTC-e - run by known scammers. Selectively target high value accounts. Have lost many BTC from them seizing my account for no good reason other than I created a second (verified) account. Support completely unresponsive.
2) MtGox - run by non-finance types who are fairly comical in their support. Nothing stolen by them but they will not give USD out so they are useless for fiat cash out (not important to me). Have used them to buy BTC but they are always the most expensive.
For face to face, I prefer localbitcoins.
Online exchanges btc-e, cryptsy, bitstamp and others work well often receives certain issues, but worth to use it.
Online exchanges btc-e, cryptsy, bitstamp and others work well often receives certain issues, but worth to use it.
Cryptsy is not an exchange. Not if you want to get money, is it?
For face to face, I prefer localbitcoins.
Online exchanges btc-e, cryptsy, bitstamp and others work well often receives certain issues, but worth to use it.
Online exchanges btc-e, cryptsy, bitstamp and others work well often receives certain issues, but worth to use it.
I just used localbitcoins have a good deal.
It is the best if you can find a face to face transaction.
btc-e, cryptsy and bitstamp are more common. They are just popular and so they seem to be honest and reliable.
I just used localbitcoins have a good deal.
I would recomend bitstamp.net which is safe, quick and with low fees 
we can do but to ecurrencies like paypal, okpay, skrill, perfectmoney or WU/MG.
you can also use localbtcoins or btc-e depending.
you can also use localbtcoins or btc-e depending.
WARNING: xcahnga is a scammer. He was caught already at the talkgold forum and banned. He has multiple accounts to fake it like other people are having good experiences with xchanga. What a low life... BEWARE!
btc-e has recently seen a sharp spike in customer withdrawal complaints. It doesn't help that its defenders are all new to this forum. It would be reasonable to avoid btc-e for now.
It's also reasonable to avoid btc-handlers that don't have a good and long track record.
Bitstamp is receiving the least complaints, as of now. It's also reasonable to avoid btc-handlers that don't have a good and long track record.
I've used https://www.bitstamp.net/ and had no problems putting money in and buying BTC, transfer was quick and trade was fast.
Not sure how reliable things are when you actually want to get your money back out of course.......
Not sure how reliable things are when you actually want to get your money back out of course.......
I think btc-e and bitstamp should be fine, but generally keep your coins out of 3rd party services...you never know and now when 10k bitcoin price is coming, imo exchanges will be more and more under attacks from hackers...
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