Bitcoin Forum

Economy => Trading Discussion => Topic started by: Sword Smith on March 17, 2013, 10:35:11 PM



Title: Buying 100-200 Bitcoins from Europe
Post by: Sword Smith on March 17, 2013, 10:35:11 PM
Hi

I am considering a buy of 100-200 BTCs from Denmark. How do I minimize my transaction fees in this purchase? I have previously used Mt. Gox. but I was wondering if other ways were cheaper.

Regards,
Sword Smith


Title: Re: Buying 100-200 Bitcoins from Europe
Post by: stick on March 18, 2013, 12:18:00 AM
try https://localbitcoins.com/


Title: Re: Buying 100-200 Bitcoins from Europe
Post by: Stephen Gornick on March 18, 2013, 04:18:03 AM
I am considering a buy of 100-200 BTCs from Denmark. How do I minimize my transaction fees in this purchase? I have previously used Mt. Gox. but I was wondering if other ways were cheaper.

In denmark you can do a domestic DKK transfer through Bitcoin Nordic:
 - http://www.BitcoinNordic.com

BIPS.me sells bitcoins and accepts DKK:
 - https://bips.me

There might be other methods that work for you.  For instance, if you can send SEPA (EUR), then BITSTAMP is one of a half dozen exchanges that you can send SEPA payments to:
 - http://en.bitcoin.it/wiki/Buying_bitcoins

You could even try CurrencyFair where you transfer DKK by bank to them, then convert there to different funds and wire from there.  That's another method to go from DKK to EUR to send to BITSTAMP:
 - http://www.CurrencyFair.com



Title: Re: Buying 100-200 Bitcoins from Europe
Post by: Sword Smith on March 18, 2013, 06:47:01 AM
I am considering a buy of 100-200 BTCs from Denmark. How do I minimize my transaction fees in this purchase? I have previously used Mt. Gox. but I was wondering if other ways were cheaper.

In denmark you can do a domestic DKK transfer through Bitcoin Nordic:
 - http://www.BitcoinNordic.com
They charge a 9 % fee which is too much I think.

BIPS.me sells bitcoins and accepts DKK:
 - https://bips.me

There might be other methods that work for you.  For instance, if you can send SEPA (EUR), then BITSTAMP is one of a half dozen exchanges that you can send SEPA payments to:
 - http://en.bitcoin.it/wiki/Buying_bitcoins

You could even try CurrencyFair where you transfer DKK by bank to them, then convert there to different funds and wire from there.  That's another method to go from DKK to EUR to send to BITSTAMP:
 - http://www.CurrencyFair.com
Ok. I will check these other ones out. Thanks! What about a bank wire to Mt. Gox. and then buying the Bitcoins through them? Would that be a stupid way to buy the BTCs?


Title: Re: Buying 100-200 Bitcoins from Europe
Post by: Stephen Gornick on March 20, 2013, 04:39:14 AM
What about a bank wire to Mt. Gox. and then buying the Bitcoins through them? Would that be a stupid way to buy the BTCs?

No, that's fine.  You had asked about cheaper alternatives.  A SEPA wire to Mt. Gox (bank in Poland) is fairly inexpensive and probably nearly as fast as an international wire to their other bank would have been.


Title: Re: Buying 100-200 Bitcoins from Europe
Post by: crazy_rabbit on March 20, 2013, 02:26:02 PM
What about a bank wire to Mt. Gox. and then buying the Bitcoins through them? Would that be a stupid way to buy the BTCs?

No, that's fine.  You had asked about cheaper alternatives.  A SEPA wire to Mt. Gox (bank in Poland) is fairly inexpensive and probably nearly as fast as an international wire to their other bank would have ben.


I don't think you'll find a cheaper alternative then a SEPA wire to Mt.Gox.