Bitcoin Forum

Economy => Trading Discussion => Topic started by: kenstu22 on June 30, 2013, 08:41:52 PM



Title: Bitinstant question
Post by: kenstu22 on June 30, 2013, 08:41:52 PM
I bought my first BTC via Bitinstant.  I wanted to get the Coins quickly and without leaving home. I am in the USA.  It ended up that I paid $500 and got $4.85 BTC in my Blockchain wallet after fees and everything.  This was at a time when BTC was valued at about $96.00 at Mt. Gox.

It went through in a day and a half 3 days ago.  But the $500 is still in my bank account.

Does it seem like I paid a fair transaction fee structure, and when should the funds leave my bank?

How do I know when enough confirmations have gone through so that I know the Coins are really mine and good?

Finally--was there a better way to do this?

If I want to buy some LTC now, where should I do that?

Thanks.