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Title: Is Bitstamp reliable for US users? Post by: 501 on November 18, 2013, 06:20:01 PM Since most of the larger exchanges are generally not very friendly or easy-to-use for US customers (BTC-e, Kraken, etc) I was wondering if anybody here who currently lives in the US has used Bitstamp? and if so, what do you think about it?
Title: Re: Is Bitstamp reliable for US users? Post by: DeathAndTaxes on November 18, 2013, 06:23:40 PM Since most of the larger exchanges are generally not very friendly or easy-to-use for US customers (BTC-e, Kraken, etc) I was wondering if anybody here who currently lives in the US has used Bitstamp? and if so, what do you think about it? Yes however the only method of deposit is an international bank wire. Most banks charge a huge ($40 is common) fee for making an international bank wire. Often you can't do it online unless you have that setup and need to go into the branch. So for smaller frequent deposits ($40 on $500 is 8% fee) it is more of a pain. I have used them for over a year. However they do require you to provide KYC information. Not sure the exact info required. You can make an account for free and they will prompt you. If you want to trade smaller amounts CampBX "may" be a better option once they enable ACH again. Remember ALWAYS minimize the amount of funds you keep on ANY exchange and use 2FA (make sure to print out a backup of your 2FA "key" before activating it). Deposit, buy, withdraw to your wallet. Don't leave large balances on the exchange it likely will end in heartache. |