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Title: best way to buy bitcoins Post by: hyperdallas on June 05, 2013, 03:48:54 PM what is the fastest way to buy bit coins with a credit card, and get the bit coins in my wallet on the same day? Any suggestions, i have been looking about but rather all of your opinions.
Title: Re: best way to buy bitcoins Post by: WuLabsWuTecH on June 05, 2013, 03:58:35 PM It's hard to buy BTC with CC b/c a lot of people will be wary of a chargeback. Money order/Cash can be done at some local places (walmart etc.). The faster the method, the more it's going to cost you. The cheapest way is ACH to dwolla (free), then dwolla to CampBX or any other other exchange (0.25 usd) and then buying on the exchange (about 0.55%). Overall the process takes 3-4 days. You may be able to find some people accepting paypal, but due to fees, expect to pay a 20% premium due to paypal fees.
Title: Re: best way to buy bitcoins Post by: orymh on June 05, 2013, 04:54:47 PM As WuLabsWuTecH says, credit card is difficult, cash is easier. You can use BitInstant (https://bitinstant.com) to pay cash for Bitcoins at local stores. This will get you Bitcoins in your wallet in as much time as it takes you to get to the nearest WalMart. I've got a getting-started article for BitInstant if you want to go that route: http://www.bit-buddy.com/buying-bitcoins-with-bitinstant.html
If you're willing to wait a few days, you can also sign up on Coinbase (https://coinbase.com/?r=51a5b0d3867ba8db8e00000c) and buy Bitcoins from a linked bank account. Getting-started info for Coinbase is here: http://www.bit-buddy.com/buying-bitcoins-on-coinbase.html Title: Re: best way to buy bitcoins Post by: xris on June 05, 2013, 05:27:36 PM Thanks for the responses. Ever since the dwolla+mtgox link went down I've been searching for an alternative...
Title: Re: best way to buy bitcoins Post by: WuLabsWuTecH on June 05, 2013, 05:31:50 PM Thanks for the responses. Ever since the dwolla+mtgox link went down I've been searching for an alternative... unless you're married to using mtgox, i would find another exchange. Many others (I use campbx but I'm not partial to them) still have dwolla, and did it properly (at least campbx did register as a money transmitter) so they won't get shut down. Other exchanges do accept wire transfers and other fast payment methods, but once again, ag a general rule of thumb, the faster the method, the more it's gonna cost you!Title: Re: best way to buy bitcoins Post by: hyperdallas on June 05, 2013, 11:58:17 PM anyone else got some suggestions? Or possibly a reader that's in Massachusetts and want to make a trade $$$ for bitcoins
Title: Re: best way to buy bitcoins Post by: dubs on June 05, 2013, 11:58:48 PM too bad there isn't any place that takes paypal
Title: Re: best way to buy bitcoins Post by: Bitbuy on June 06, 2013, 08:17:01 AM How about localbitcoins.com?
https://localbitcoins.com/places/628028/massachusetts-usa |