Bitcoin Forum

Economy => Trading Discussion => Topic started by: btcwish1 on October 18, 2017, 02:49:46 PM



Title: Platform to trade BTC to USD?
Post by: btcwish1 on October 18, 2017, 02:49:46 PM
Dear friends,

is there any platform like bittrex where you can trade BTC with USD or any other fiat currency? I could be wrong, but as far as I understand in bittrex you can only trade btc to other crypto?

Thanks :)


Title: Re: Platform to trade BTC to USD?
Post by: AdolfinWolf on October 18, 2017, 03:00:09 PM
Dear friends,

is there any platform like bittrex where you can trade BTC with USD or any other fiat currency? I could be wrong, but as far as I understand in bittrex you can only trade btc to other crypto?

Thanks :)
Yes, you can trade BTC -> USD on platforums like Kraken, Bitfinex, and C-Cex + Gemini.

Or you could simply sell them back on coinbase, but i don't think that's really what you're looking for.


Title: Re: Platform to trade BTC to USD?
Post by: p3rplexamous on October 18, 2017, 03:02:14 PM
Dear friends,

is there any platform like bittrex where you can trade BTC with USD or any other fiat currency? I could be wrong, but as far as I understand in bittrex you can only trade btc to other crypto?

Thanks :)

The number of exchanges that change in and out of USD are limited because of regulations.  The biggest and well known exchange is Coinbase https://www.coinbase.com/ (https://www.coinbase.com/).


Title: Re: Platform to trade BTC to USD?
Post by: btcwish1 on October 18, 2017, 03:10:33 PM
Thanks for replies. I have coinbase but their fees as too high. Alsomost $80 for exhcaning 1 btc.

Also I think their price is not 100% live! I checked the price on coinmarket and coinbase at the same time and I can see discrepancy.  ???


Title: Re: Platform to trade BTC to USD?
Post by: CoinCodex on October 18, 2017, 03:28:54 PM
Here's the list of all exchanges. If you want to exchange to USD check the exchanges that have USD market:
https://coincodex.com/crypto/bitcoin/exchanges/

I'd suggest Kraken (https://coincodex.com/exchange/kraken/) or Bitstamp (https://coincodex.com/exchange/bitstamp/).


Title: Re: Platform to trade BTC to USD?
Post by: AdolfinWolf on October 18, 2017, 04:03:12 PM
Thanks for replies. I have coinbase but their fees as too high. Alsomost $80 for exhcaning 1 btc.

Also I think their price is not 100% live! I checked the price on coinmarket and coinbase at the same time and I can see discrepancy.  ???
Yeah, because Coinmarketcap takes the average of all the markets that trade BTC/USD ( T ), and every market trades at a slightly different price. Therefore the price of coinbase will probably always slightly off the coinmarketcap price.

Not that tht really matters, with the current liquidity, and volumes + differences in prices.


Title: Re: Platform to trade BTC to USD?
Post by: bitgov on October 18, 2017, 06:01:35 PM
Dear friends,

is there any platform like bittrex where you can trade BTC with USD or any other fiat currency? I could be wrong, but as far as I understand in bittrex you can only trade btc to other crypto?

Thanks :)
Everything you can do on the Kraken website, which has one of the largest databases of online currency users. Regards.


Title: Re: Platform to trade BTC to USD?
Post by: BTCHakan on October 18, 2017, 07:01:09 PM
I am using cex.io and I am very satisfied. You can also try bitfinex.com


Title: Re: Platform to trade BTC to USD?
Post by: Intensity on October 19, 2017, 02:43:24 AM
https://www.gdax.com is my go to when making BTC/USD purchases. It's basically the coinbase exchange with minimal to no fees. Your coinbase account imports perfectly into gdax too.


Title: Re: Platform to trade BTC to USD?
Post by: Mike Mayor on October 22, 2017, 09:35:51 AM
Localbitcoins does this. You may exchange your btc for your local currency. They work gery well and are safe. I highly recommend. Just as always be careful and use your head. Also make sure to backup your bitcoin wallets properly in more then one place with digitally and physically and please use F2A online where you can. Keep your password and username and email written down and keep it somewhere safe at all times.