Bitcoin Forum

Economy => Trading Discussion => Topic started by: OnceInAWhile on May 08, 2019, 12:42:18 AM



Title: Transfering bitcoin V WU or MG
Post by: OnceInAWhile on May 08, 2019, 12:42:18 AM
Hi guys I知 new to BTC and I知 looking at options to transfer  money from the UK to Serbia. The recipient of the funds accepts bitcoin. I have never used bitcoin in any way shape or form and I知 wondering how much from purchasing a bitcoin to sending it to my guy would entail ? What costs are involved and where? Also how quick would it take on average from my wallet to receivers? Are there any good reasons to go with Money Gram or Western Union? The price to transfer 」200 to Serbia via WU is a round 」30 but it is done instantly from your home. Any advice on this would be a great help to a complete newbie like moi.


Title: Re: Transfering bitcoin V WU or MG
Post by: BitMaxz on May 08, 2019, 01:04:10 AM
Hi guys I知 new to BTC and I知 looking at options to transfer  money from the UK to Serbia. The recipient of the funds accepts bitcoin. I have never used bitcoin in any way shape or form and I知 wondering how much from purchasing a bitcoin to sending it to my guy would entail ? What costs are involved and where? Also how quick would it take on average from my wallet to receivers? Are there any good reasons to go with Money Gram or Western Union? The price to transfer 」200 to Serbia via WU is a round 」30 but it is done instantly from your home. Any advice on this would be a great help to a complete newbie like moi.

You need to buy bitcoin at the current price in coinbase from here https://www.coinbase.com/places/united-kingdom
I don't know what would be the average time to buy bitcoins from coinbase but I think it's instant if you are a verified user.
The transaction fee maybe around $0.1 to $3 from coinbase to other bitcoin address the transaction speed is depends on your transaction fee so the higher fee you pay the faster transaction to confirm.

I think money gram or WU is good as a remittance but expect to pay a higher fee so  I recommend you to buy bitcoin instead and send bitcoin to the guy.
You can use this http://preev.com/ if how much is 」200 in bitcoin before you transfer or send it to the guy.


Title: Re: Transfering bitcoin V WU or MG
Post by: avikz on May 08, 2019, 02:44:29 AM
Hi guys I知 new to BTC and I知 looking at options to transfer  money from the UK to Serbia. The recipient of the funds accepts bitcoin. I have never used bitcoin in any way shape or form and I知 wondering how much from purchasing a bitcoin to sending it to my guy would entail ? What costs are involved and where? Also how quick would it take on average from my wallet to receivers? Are there any good reasons to go with Money Gram or Western Union? The price to transfer 」200 to Serbia via WU is a round 」30 but it is done instantly from your home. Any advice on this would be a great help to a complete newbie like moi.

Use bitcoin instead! There are a lot of trusted exchanges who will sell bitcoins to you against your fiat currency. One of the examples is Coinbase as correctly pointed out by my fellow community member and it is also easy to operate!

It takes less than a minute and will cost 1/10 of the cost you will pay to MG or WU. You just need to have the bitcoin address of the recipient and you are good to go!


Title: Re: Transfering bitcoin V WU or MG
Post by: xvids on May 08, 2019, 05:37:08 AM
Use this to choose where to buy Bitcoin CMC (https://coinmarketcap.com).
It have the list of crypto and you just need to click BTC and the current price of each market would be shown to you.
You could use the exchange platform on CMC list because they are all trusted.
Use it to buy Bitcoin then send it to your recipient.