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Title: What's the best way to pay for bitcoin purcheses? Post by: blue.mitzi on October 10, 2011, 10:49:35 PM I am new to the bit-coin game, how does every one buy/sell coin's what is the main exchange digital currency? Are good's easily traded for bit-coins?
Title: Re: What's the best way to pay for bitcoin purcheses? Post by: RyNinDaCleM on October 11, 2011, 02:53:44 AM Goods are generally the same as using a CC! Go to your site of choice checkout and pay with BTC! I've bought a few things (mostly computer components) with BTC!
Exchanges on the other hand, are a little trickier. You will have to set up an account with MtGox.com, or TradeHill.com, or another exchange. There you will click on an "add funds" button, it'll give you a BitCoin address to send BTC to. Send them from the client/wallet. Then to cash out it's a bit trickier yet. You will have to register an account at a "middle man" online bank such as: Dwolla.com, LibertyReserve.com or the like. Then after registration, you will need to link your bank account to them. I'd suggest opening up an account at your physical bank primarily for this, so you aren't disclosing your personal account info to the online banks! So, to conclude; To get BTC from your wallet to USD in your hand, it would look like this: Wallet.dat->MtGox.com->Dwolla.com->your bank account->your hand! =) The whole process once everything is set up is ~2days to cash out! There are other ways, (check by mail, Cash by mail, privately using PP/Amazon payment, Ruxxum...etc) Title: Re: What's the best way to pay for bitcoin purcheses? Post by: ulatec on October 12, 2011, 01:53:24 AM Just giving the *thumbs up* to TradeHill in which I use.
For depositing I just file a wire transfer, For withdrawals I withdraw via them sending me a check :) Fairly simple. Title: Re: What's the best way to pay for bitcoin purcheses? Post by: tabascoslimjim on October 12, 2011, 03:03:50 AM Seems like the most common way is using mtgox.com
Title: Re: What's the best way to pay for bitcoin purcheses? Post by: bitflower on October 12, 2011, 06:55:42 AM Mt.Gox is the way to go with Bitcoins.
Title: Re: What's the best way to pay for bitcoin purcheses? Post by: Mt.Gox_Natalie on October 12, 2011, 08:15:20 AM You may sign up for an account with Mt.Gox for free. After that, we offer a variety of methods for adding funds to your account so that you could purchase your bitcoins as follows:
Dwolla LibertyReserve Paxum SEPA International Wire to our HSBC account in Hong Kong Bank Transfer to our Barclays account in the UK. After adding funds to your account, you will be ready to make your first convenient and secure purchase of bitcoins. Welcome to Mt.Gox! Title: Re: What's the best way to pay for bitcoin purcheses? Post by: ama on October 12, 2011, 08:24:33 AM I am new to the bit-coin game, how does every one buy/sell coin's what is the main exchange digital currency? Are good's easily traded for bit-coins? If you are in the Eurozone, I think SEPA is the best way. Title: Re: What's the best way to pay for bitcoin purcheses? Post by: Interjekcion on October 13, 2011, 03:35:40 AM Vouching for MT.Gox
That being said, I've heard of some people who have had bad experiences with them. |