Topic: Which exchange website should I use? (Read 1015 times)
Use MtGox. Most liquidty. Fees are better elsewhere, but liquidity is pretty terrible.
Can I buy bitcoins from the exchange market with a local wallet like the Bitcoin client and localbitcoins.com? Or do I have to have something like Mtgox? I looked at the markets for bitcoins and MtGox usually has the largest exchange rate in USD compared to other online wallets. Does the value of Bitcoin increase/decrease based on which online wallet you use?
Your name seems familiar
think mtgox is the biggest
Don't use an exchange, use a vendor with badass fee's. He has worked well for a lot of people and is very active.
https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094
1% below mtgox last price, so many ways to deposit, and no other fees
https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094
1% below mtgox last price, so many ways to deposit, and no other fees
This is currently the best option.
Don't use an exchange, use a vendor with badass fee's. He has worked well for a lot of people and is very active.
https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094
1% below mtgox last price, so many ways to deposit, and no other fees
https://bitcointalksearch.org/topic/bitcoins-direct-support-thread-87094
1% below mtgox last price, so many ways to deposit, and no other fees
Bitfloor used to be really good but they are currently offline due to a hack. MtGox is probably the best way to go imo.
I just MTGOX and sometimes virvox.
Can I buy bitcoins from the exchange market with a local wallet like the Bitcoin client and localbitcoins.com? Or do I have to have something like Mtgox? I looked at the markets for bitcoins and MtGox usually has the largest exchange rate in USD compared to other online wallets. Does the value of Bitcoin increase/decrease based on which online wallet you use?
You don't need a Bitcoin client to buy other people's Bitcoin.
You only need a wallet, in which you can store your coins once you purchased them. For a wallet, you can use a client, but you can also use an online wallet (like the blockchain.info wallet or [/url=strongcoin.com]StrongCoin[/url]).
Be sure to know what you're doing before storing large amounts of money. If you use an online wallet, you'll have to trust the site and perhaps create a secure backup (export the private keys) in case they go down. If you use a local wallet (client) you'll have to make sure to protect it against theft (by encrypting it) or harddisk crashes (by creating backups, also encrypted of course).
You only need a wallet, in which you can store your coins once you purchased them. For a wallet, you can use a client, but you can also use an online wallet (like the blockchain.info wallet or [/url=strongcoin.com]StrongCoin[/url]).
Be sure to know what you're doing before storing large amounts of money. If you use an online wallet, you'll have to trust the site and perhaps create a secure backup (export the private keys) in case they go down. If you use a local wallet (client) you'll have to make sure to protect it against theft (by encrypting it) or harddisk crashes (by creating backups, also encrypted of course).
There are several, but the most common is mtgox but if you are looking for others here is one.
Vircurex, they also handle alternate currencies.
Vircurex, they also handle alternate currencies.
localbitcoins.com
There are many places (and people) to buy bitcoins from, in fact in the trading forum here there are people looking to trade bitcoins for cash etc.
Ello,
I am new to Bitcoins and was wondering which exchange website I should use- MtGox, Virvox, BTC- E, etc. What is the difference and do I need one of websites to buy/sell Bitcoins? I have already downloaded the Bitcoin client so, should I just use that to buy of the Market?
Thanks
I am new to Bitcoins and was wondering which exchange website I should use- MtGox, Virvox, BTC- E, etc. What is the difference and do I need one of websites to buy/sell Bitcoins? I have already downloaded the Bitcoin client so, should I just use that to buy of the Market?
Thanks
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