Bitcoin Forum

Other => Beginners & Help => Topic started by: kosmonaut on April 20, 2013, 02:05:17 AM



Title: Easy, Quick, Safe - Choose two when exchanging USD for BTC.
Post by: kosmonaut on April 20, 2013, 02:05:17 AM
Hi all,

I have been to literally hundreds of websites in the past week researching Bitcoin and other crypto-currency. Yes, I am a n00b. From what I have gathered so far however, there are a few simple ways to get BTC into your wallet but not without their own respectable drawbacks. Here are some:

1. Ebay - Ridiculous markups up to 100%+
2. Craigslist - Human interaction :/
3. Mt. Gox / BitStamp / e-BTC, etc. (Exchanges) - Slow turnaround, shady business practices, hax0rs
4. Tradebitcoins.com and other local coin exchange search - Many legit, many scams
5. Blogs, forum post - Informative, useful material
6. Mine - Hardware costs and difficulty
7. Sell your own goods & accept coins - Low interest and acceptance of BitCoin atm but this is the ideal concept

That is a short list aside from those websites everyone wants to avoid (fill out surveys for free bitcoins!). If anyone has more please contribute to the list. I still haven't found a definitive answer yet. Like the title says choose two; If its easy and quick, its most likely not too safe.



Title: Re: Easy, Quick, Safe - Choose two when exchanging USD for BTC.
Post by: Dabs on April 20, 2013, 02:22:47 AM
There are many reputable here. And also you can check OTC. And there are also the direct sellers and direct buyers, like TangibleCryptography.

You wire them money, they send you bitcoins. Simple. (there is a funding process, with purchase orders, so it's still a few steps to do.)