Bitcoin Forum

So I'm trying to figure out which exchanges I should join. I've been looking at the exchange list on the wiki and there's so many to choose from.

Does your country of residence make a difference for what exchange you use? Which exchanges do you all use? Anybody have any good horror stories, or any other stories of great customer service or something?

Do most people just use one exchange or a few?

It depends what currency you are using.

EUR -> bitstamp
USD -> mt.gox

Usually, you find one that is good, and you stick with it.

I use bitcoin.de

I started out with Localbitcoins and that worked fine (and fast) but I ended up with pretty bad prices. Then I started using MtGox, which was pretty slow because of the bank transfer times - about 5 days. My most recent bank transfer was almost 3 weeks ago no, so I can't really recommend MtGox any more. I'm in the UK.

I have a bank account in UK and did a transfer to BTC-e, it's been a while already.
Is it often that it take 3 weeks ?

It's a total waste when it take that long because the price of bitcoin can go up and the % difference can be more important than a high price on localbitcoins.

This is the first time it takes this long.
And true, but sometimes the price also goes down though. My plan is to put a pretty large amount of fiat on MtGox, and then use that when opportunity arises.

localbitcoins is good if you are in a big city ...
Otherwise, you should try the forum: https://bitcointalk.org/index.php?board=53.0 for wire transfer

Depends what you mean by "best". I think that Mt. Gox and BTC-e have the best rates, but a lot of BTC-e's funding options don't work in the US. When (if) Bitinstant comes back online you should check that out too.

In terms of easiness, I use VirWoX because you can use debit cards. It takes 2-3 days for your first transaction but after that it's instant. The rate is like $.49 plus 3.5% (USD) but it goes down the more you buy. Only thing that sucks is that there's a transaction limit, but you can request to have it removed. I haven't made a request because I haven't had to, but I'm guessing that you have to be a business or otherwise have some good reason.

Are you referring to bitcoin or altcoin exchanges? Altcoin = cryptsy, bit coin =mtgox.com. Also, you can also trade with forum members with escrow.

i was using bitcoin.de

trading and exchange is fast and without proplems till today.

the only point i dislike is the new authentification procedure that will only working for peoples living in germany, because i live in Austria

dos an other thrustfull and fast exchange exists in europe?

best regards?

I like mtgox

 ;D

Try to withdrawn your USD and post again

LOL!  Don't scare me!!!  :-)

+1

lol maybe i'm a noob or neerd but i can read and think...

the i-net is full of messages about mtgox depposits missing for weeks withdraws missing for months and btc's gone....  no not for me thx...

what do you guys think about BTC-E? i have already an account on it for my NMC's

what about XPM/BTC ?

coinbase

I personally love virwox.com

bitcoin.de bitstamp.com are often recommended
bitcoin-otc, forum exchange section, localbitcoins for trades with other users

mcxnow is the best now

MtGox is the largest exchange but currently has a problem with liquidity.
This is one of the reasons why there BTC course is highest.
Bitstamp is the second largest and is doing really well.
BTC-e is also good if you want to trade with alt currencies.
Vicurex is also good.
I used all four, and I had no problems.

It depends on what you want to do with the exchange.

In the U.S., if all you want to do is buy some bitcoins, then I think that LocalBitcoins is the best for newbies and the next best choice is Coinbase.

If you want to sell bitcoins, then LocalBitcoins and Coinbase are probably the only choices in the U.S.

if you want to trade, then the newbies section is the wrong place to ask.

Avoid Localbitcoins for the next 24 hours.

They are dealing with a potential security issue and have temporarily disabled all bitcoin withdrawals.

The extent of the issue is not yet clear.  Hopefully it will not destroy them, but until the dust settles you don't want to be transferring any additional bitcoins to their service.