Bitcoin Forum

Other => Beginners & Help => Topic started by: cheveuxroux on May 09, 2013, 12:56:08 PM



Title: Best / cheapest / fastest way to move money between exchanges?
Post by: cheveuxroux on May 09, 2013, 12:56:08 PM
Hi, I'm very new to btctalk, fairly new to bitcoin in general.
I've been doing some research on exchanges and wondered the best way to transfer money between them.

Any suggestions on transfer methods?

Thanks so much! Glad to be here.


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: diceitbig on May 09, 2013, 01:00:27 PM
You might check www.bitinstant.com (AlexaRank - 55,657, PR - 5)

Edit: also try www.aurumxchange.com (AlexaRank - 66,440, PR - 3)

Personally never used them, but think they are trusted


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: OnkelPaul on May 09, 2013, 01:06:16 PM
There's an interesting development: http://ripple.com
It's currently in beta, and I would not trust it with significant amounts of *coins, but I think it's worthwhile to learn about their concepts for easy interconnection of exchanges.

Onkel Paul


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: paraipan on May 09, 2013, 01:21:31 PM
Quite easy, you acquire bitcoins and withdraw to your target exchange. Hope it helps.


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: cheveuxroux on May 09, 2013, 01:27:19 PM
Thanks onkelpaul, diceitbig, those are a very good start.
Paraipan - Very obvious  ;)
I was looking more for advice on how to transfer fiat currencies between exchanges.

ACH transfer is cheap, but slow.
Bitinstant is fast but pricey.
Dwolla - medium and medium?

Other ideas?


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: Tom Scholl on May 09, 2013, 01:32:50 PM
If you're going between MtGox and btc-e, it looks like you can use AurumXchange vouchers?
See https://www.aurumxchange.com/rates (https://www.aurumxchange.com/rates).
I've not ever done this myself.


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: miningusa on May 09, 2013, 01:57:52 PM
I would say bit instant or vouchx.


Title: Re: Best / cheapest / fastest way to move money between exchanges?
Post by: calecho on May 09, 2013, 02:38:44 PM
fast exchanger is bitstamp.net