Bitcoin Forum

Economy => Service Discussion => Topic started by: CCHarris on January 23, 2014, 07:22:23 AM



Title: BTC-E or MtGox Pros and Cons?
Post by: CCHarris on January 23, 2014, 07:22:23 AM
I have been using BTC-E for trading purposes at this point, was hoping some of you veteran traders could shed some light on the pros and cons of the available top trading markets?

Questions that I have at this point include:

Taxes?

Withdraw Amounts?

how legit the marketplace is?

Also do people leave their coins in the trading sites over night or always transfer them back to your wallet?

Regards,

CH


Title: Re: BTC-E or MtGox Pros and Cons?
Post by: empoweoqwj on January 23, 2014, 07:54:12 AM
I have been using BTC-E for trading purposes at this point, was hoping some of you veteran traders could shed some light on the pros and cons of the available top trading markets?

Questions that I have at this point include:

Taxes?

Withdraw Amounts?

how legit the marketplace is?

Also do people leave their coins in the trading sites over night or always transfer them back to your wallet?

Regards,

CH


Use bitstamp.net instead.
Whether to transfer coins depends what you do. If you trade every day, there's no point moving back to a local wallet. Just depends what you are doing.


Title: Re: BTC-E or MtGox Pros and Cons?
Post by: CCHarris on January 23, 2014, 08:01:17 AM
Are there USD withdraw limits using Bitstamp?  Also does it do wire transfers to your Bank account, if so what percentage does it charge to withdraw?

Regards,

CH


Title: Re: BTC-E or MtGox Pros and Cons?
Post by: empoweoqwj on January 23, 2014, 08:03:43 AM
Are there USD withdraw limits using Bitstamp?  Also does it do wire transfers to your Bank account, if so what percentage does it charge to withdraw?

Regards,

CH

https://www.bitstamp.net/faq/