Bitcoin Forum

Just wondering...who here has opened an account and how has your experience been?

Have you made any trades?



Edit: Made a poll too just to see if anyone wants to say what exchange they use...vote!

Nice try, IRS

I'm not the IRS.


Waiting for comment "That's exactly what the IRS would say"

Kraken is what I use the most as it is easy and quick for me to deposit EUR to fund my account. They also have great support which makes it even better.

Interesting thanks.

I'm doubting anyone will be voting for Gemini...haha

How many posts do u need to vote?

I think Gemini are more focused on institutional investors. They could use private traders to get the ball rolling and build up the initial volume. But from what I've read, their fees are much higher than on other exchanges, so I don't see why any private trader would choose Gemini over cheaper exchanges (arbitrage trading could be a reason though).

I would also be interested in seeing some feedback, if anyone trades there.

on bitstamp, but then they asked for id, and i closed that shit, that was also hacked

now onyl on kraken, the other exchange does not offer much in term of fee and withdrawals

I would open a Gemini account but it's US only unfortunately.

It does not matter much how many accounts are there - the point of gemini is that the few accounts are supposed to trade in big volumes. So far this did not happen - but the volume there is growing: http://data.bitcoinity.org/markets/volume/30d?c=c&exchange=gemini&t=bar

Not looked at Gemini and if it is just for the US only then it's not for me.

Yup, looks like it's for US only and not even for all the states:


Likely they will expand to other countries (at least EU). Bit shame EU clients are not accepted from the start, I don't think there are any serious regulatory obstacles preventing it.

Voted for others and then saw that it has the most votes. What does it says about the other exchanges on the list? I usually find traders on LBC, that is how I got in touch with my current trader and deal in cash with him. I am not at all ok with providing these exchanges my IDs and stuff.

I wish I could try out Gemini, but since I'm living in the Netherlands in unable to open an account at the moment.

Please add kraken to the list. It is a very good exchange with decent volume.

I wouldn't mind giving Gemini a whirl but I'm in the other 99% of the world that it doesn't service. Until it's accessible from everywhere then they won't be the Nasdaq of Bitcoin.

kraken and localbitcoins are notably absent!

I tried to open an account few days ago, but its impossible for me, they only accept persons or institutions based on USA. I wanted open one to see witch differences have from other exchanges.

Using a local exchange since others are US-only exchanges. I want to try finex or Gemini but it is impossible given my location. Also, the service I'm using right now offers a premium membership which I am nearing on getting.

That's likely why 'other' is notably over-voted answer.

Kraken are generally underrated imo, they are probably the best exchange in terms of customer service and the way they run the business. They never 'got hacked' or pulled any other weird stunts, also they earned a lot of trust for acting as advisors in sorting out Mt. gox mess.

 

I also tried to create an account, but can't login. The sms with the code of two-factor authentication is never comes...

have gemini and coinbase, but like gemini better for some reason

Probably 'cuz coinbase charging 1% buying fee and Gemini appears to be only 0.25% fee.

On a $1000 worth of bitcoin purchase, that translates to $2.50 out of pocket versus $10 bucks, savings of $7.50 isn't bad: especially considering Gem's website user interface is much cooler  8)

Of course this is coinbase's "retail" fee... not sure what they charge on their "EXCHANGE" since that's not available to me in Michigan yet (Gemini IS already open for business in Michigan).

Anyway, IMHO having *multiple* buying source options is the main important point, mostly so that HOPEFULLY that nonsense that *certain* companies (cough*coinbase*cough) have reportedly been able to pull against some customers, i.e. closing accounts for allegedly sending or receiving bitcoin to "bad" addresses etc, will have to stop IF people can just say, "Screw you I'll buy my coins elsewhere where I'm not treated like a criminal for ordinary legal transactions..."

More choices = always better. 

Let competition flourish and FEES come DOWN!  ;D

voted
not gemini

once you have submitted all documents and trust a btc exchange, there are a few to trust
then not worth resubmitting all stuff to new exchange imo