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Title: Any trusted exchanges I can use? Post by: NoOneInParticular on February 26, 2013, 04:20:20 AM I have been using bitinstant exclusively for a year now. As most know, it is sketchy at best. Are there any other sites out there anyone can recommend that will allow zipzap payments or some other form of cash payment? I have been researching for three days now and can't find crap. Any help would be greatly appreciated.
Best Regards Title: Re: Any trusted exchanges I can use? Post by: DannyHamilton on February 26, 2013, 04:52:25 AM I have been using bitinstant exclusively for a year now. As most know, it is sketchy at best. Are there any other sites out there anyone can recommend that will allow zipzap payments or some other form of cash payment? I have been researching for three days now and can't find crap. Any help would be greatly appreciated. Best Regards Where are you located? Have you looked into any of the following?
Title: Re: Any trusted exchanges I can use? Post by: NoOneInParticular on February 26, 2013, 05:07:06 AM I am in the States, thanks for that post. Coinbase looks like a perfect match for me.
Title: Re: Any trusted exchanges I can use? Post by: DannyHamilton on February 26, 2013, 05:12:02 AM I am in the States, thanks for that post. Coinbase looks like a perfect match for me. I think you have to link a bank account with Coinbase and allow them to transfer money from your bank account. If you prefer to get your bitcoin with cash, I think If you are anywhere near Chicago, I can probably meet up with you and exchange cash for bitcoin as well. EDIT: As of 2013-04-17 BitFloor has ceased all operations. Title: Re: Any trusted exchanges I can use? Post by: Stephen Gornick on February 26, 2013, 05:41:26 AM If you prefer to get your bitcoin with cash, I think BitFloor allows you to make cash deposits at any Bank of America branch. And BitMe.com allows cash deposits to be made at any Chase bank branch: - http://www.BitMe.com Title: Re: Any trusted exchanges I can use? Post by: mjc on February 26, 2013, 07:58:45 AM Look for local Bitcoin User groups to meet up with locals and exchange. Coinbase is great I use them. I also use Mt Gox.
Title: Re: Any trusted exchanges I can use? Post by: TheButterZone on February 26, 2013, 09:57:11 AM Zip code?
Title: Re: Any trusted exchanges I can use? Post by: Monster Tent on February 26, 2013, 09:59:30 AM I am in the States, thanks for that post. Coinbase looks like a perfect match for me. I think you have to link a bank account with Coinbase and allow them to transfer money from your bank account. If you prefer to get your bitcoin with cash, I think BitFloor allows you to make cash deposits at any Bank of America branch. If you are anywhere near Chicago, I can probably meet up with you and exchange cash for bitcoin as well. It will be great when someone hacks coinbase and withdraws maximum dollars from everyones linked bank account. Title: Re: Any trusted exchanges I can use? Post by: poly on February 26, 2013, 10:06:10 AM I am in the States, thanks for that post. Coinbase looks like a perfect match for me. I think you have to link a bank account with Coinbase and allow them to transfer money from your bank account. If you prefer to get your bitcoin with cash, I think BitFloor allows you to make cash deposits at any Bank of America branch. If you are anywhere near Chicago, I can probably meet up with you and exchange cash for bitcoin as well. It will be great when someone hacks coinbase and withdraws maximum dollars from everyones linked bank account. Title: Re: Any trusted exchanges I can use? Post by: TheButterZone on February 26, 2013, 10:20:54 AM I am in the States, thanks for that post. Coinbase looks like a perfect match for me. I think you have to link a bank account with Coinbase and allow them to transfer money from your bank account. If you prefer to get your bitcoin with cash, I think BitFloor allows you to make cash deposits at any Bank of America branch. If you are anywhere near Chicago, I can probably meet up with you and exchange cash for bitcoin as well. It will be great when someone hacks coinbase and withdraws maximum dollars from everyones linked bank account. If only sarcasm made for impenetrable security. Title: Re: Any trusted exchanges I can use? Post by: aussie_striker on February 26, 2013, 12:54:13 PM Has anyone ever made a list up of all the places with pros and cons for each?
Title: Re: Any trusted exchanges I can use? Post by: DannyHamilton on February 26, 2013, 01:05:30 PM It will be great when someone hacks coinbase and withdraws maximum dollars from everyones linked bank account. For this reason, I'd suggest that if you are going to use Coinbase, you open aseparate free checking account such as a Capital One 360 Checking account. Then only link that account with Coinbase, and only transfer as much as you are willing to risk to that account. If Coinbase gets hacked, the most you'll lose will be the contents of the separate account, while the rest of your funds remain safe in your original accounts. Title: Re: Any trusted exchanges I can use? Post by: NoOneInParticular on February 26, 2013, 01:59:41 PM Unfortunately for me I am in the middle of no where, zip 35640. There isn't a Chase or BoA anywhere near me.This has been my problem using some of the more well known exchanges, thus the reason for using bitinstant. As for linking my account, I have a slush account that I use for these types of transactions that I am not worried about compromising. I will only respond to the negative post by saying, Great job creating a conducive environment for the bitcoin trading market! Instead of being so negative why don't you try to supply options to perspective customers?
Title: Re: Any trusted exchanges I can use? Post by: Stephen Gornick on February 26, 2013, 10:23:49 PM Unfortunately for me I am in the middle of no where A priority mail envelope costs somewhere in the range of $5. Find a trusted trader willing to trade with you, for cash, and send the money via USPS. The #Bitcoin-otc Web of Trust (WoT) can be used to get the trust history of some traders who will do this. I have also seen individuals on the forum offering to do this type of exchange. Casascius is one. Also: Well, now I'm set up to find money in my mailbox (or rather, have it given to me by the postal carrier). Title: Re: Any trusted exchanges I can use? Post by: DannyHamilton on February 26, 2013, 10:26:57 PM I have also seen individuals on the forum offering to do this type of exchange. As seen in my signature. Note: The 10% fee is if you want a one-time transaction with complete anonymity, if you are willing to give up some anonymity and are planning weekly (or monthly) purchases of bitcoin, we can negotiate a better rate. Title: Re: Any trusted exchanges I can use? Post by: e4xit on February 27, 2013, 01:36:00 PM Is there a UK list for this? this is what I am struggling with...
Title: Re: Any trusted exchanges I can use? Post by: Stephen Gornick on February 28, 2013, 02:56:13 AM Is there a UK list for this? this is what I am struggling with... In the UK you have several methods. Blockchain.info has "Faster Payments". The daily limit isn't too high though ("New users are limited to a maximum purchase of £100 per 7 days and a maximum single transaction size of £100.") - https://blockchain.info/wallet/deposit-bank-transfer Then there's BitBargain: - https://bitbargain.co.uk/buy You can also send cash (GBP) in the mail to Bitcoin Nordic (in Denmark): - http://www.BitcoinNordic.com For larger amounts you can send an International wire transfer to an exchange (e.g., Mt. Gox, or Bitcoin-24.com, etc.) One approach that is recommended is to use a currency conversion service to exchange your GBPs to EUR and then send the EUR to an exchange. The conversion services would be TransferWise and CurrencyFair. Then withdraw to an exchange like BITSTAMP.net. - http://transferwise.com - http://www.BITSTAMP.net For smaller amounts, you can buy a UKash voucher and redeem that at: - http://mercabit.eu - http://www.VirWoX.com - http://www.BitcoinNordic.com (through a CashU account) And there are many many local traders in the UK, buying and selling frequently. Here's for London: - https://localbitcoins.com/postal_code/UK/london/ And there are individuals who trade frequently. Here are a couple: BTC for sale for cash in Central London BTC --> GBP Pounds Sterling £££ [Tenakha] - http://bitcointalk.org/index.php?topic=147320.0 Buying Bitcoins in bulk (UK) [AlexNeto] - http://bitcointalk.org/index.php?topic=130949.0 A fairly comprehensive list of exchange methods is on the Bitcoin.it wiki: - http://en.bitcoin.it/wiki/Buying_bitcoins |