Bitcoin Forum

Economy => Trading Discussion => Topic started by: desticy on November 28, 2014, 05:52:53 AM



Title: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: desticy on November 28, 2014, 05:52:53 AM
For the entry and exit ways are not the same, but bank wire is feasible in each Exchanges, and bank fees are not included.

Buy 1 bitcoin with USD on the following exchanges:



Bitstamp

[Buy] 0.1%$ + 0.5%BTC
Deposit USD: 0.1%  ->  Buy BTC:  0.5%  ->  Withdraw BTC: 0

[Sell] 0.59%$  -  Not cheapest to sell since the minimum fee, unless the price more than $15,000/BTC
Deposit BTC: 0  ->  Sell BTC: 0.5%  ->  Withdraw USD: 0.09%

Note:
Minimum deposit fee is $15
No volume within last 30 days


LakeBTC

[Buy] 0.2%BTC  -  Cheapest to buy!
Deposit USD: 0  ->  Buy BTC:  0.2%  ->  Withdraw BTC: 0

[Sell] (0.4%$ + 5)$  -  Cheapest to sell for now until the price reach at $2500/BTC
Deposit BTC: 0  ->  Sell BTC: 0.2%  ->  Withdraw USD: 0.2% + $5

Note:
The fee rates in promotion for a long time, which may change someday
Minimum USD withdraw is $50
Buy/Sell BTC with Taker


Bitfinex

[Buy] 0.1%$ + 0.2%BTC
Deposit USD: 0.1%  ->  Buy BTC:  0.2%  ->  Withdraw BTC: 0

[Sell] 0.3%$  -  Not cheapest to sell since the minimum fee, unless the price more than $20,000/BTC
Deposit BTC: 0  ->  Sell BTC: 0.2%  ->  Withdraw USD: 0.1%

Note:
Minimum deposit fee is $20
Minimum withdraw fee is $20
Buy/Sell BTC with Taker


BTC-e

[Buy] 1%$ + (0.2% + 0.001)BTC
Deposit USD: 1%  ->  Buy BTC:  0.2%  ->  Withdraw BTC: 0.001 BTC

[Sell] 1.7%$
Deposit BTC: 0  ->  Sell BTC: 0.2%  ->  Withdraw USD: 1.5%

Note:
Yes, 1% and 1.5% fee with bank wire charged by btc-e, there is nothing wrong, I specifically went to btc-e website to check it out again before the release
Minimum USD deposit is $2,000 that means the minimum fee is $20
Minimum BTC withdraw is 0.002 BTC, and daily limit withdrawal is 100 BTC
Minimum USD withdraw is $1,000, but the minimum fee is $15


Coinbase

[Buy] 1%$
Buy BTC:  1%

[Sell] 1%$
Sell BTC: 1%

Note:
Anyway coinbase will charge 1% to convert bitcoin into your local fiat currency


LocalBitcoins

[Buy] 1%BTC
Buy BTC:  1%

[Sell] 1%$
Sell BTC: 1%

Note:
1% fee from the purchase amount, USD or BTC


ANX

[Buy] 0.6%BTC
Deposit USD: 0  ->  Buy BTC:  0.6%  ->  Withdraw BTC: 0

[Sell] (1.1% + 25)$
Deposit BTC: 0  ->  Sell BTC: 0.6%  ->  Withdraw USD: 0.5% +$25

Note:
Minimum USD deposit is $100


itBit

[Buy] 5$ + 0.5%BTC
Deposit USD: $5  ->  Buy BTC:  0.5%  ->  Withdraw BTC: 0

[Sell] (0.5% + 30)$
Deposit BTC: 0  ->  Sell BTC: 0.5%  ->  Withdraw USD: $30

Note:
Buy/Sell BTC with Taker



More exchanges reviews can be found here (https://bitcointalk.org/index.php?topic=695082.0)


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: bitbunnny on November 28, 2014, 02:57:44 PM
Localbitcoins is the best! If you have a trusted seller/buyer


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: desticy on December 01, 2014, 02:38:04 AM
Localbitcoins is the best! If you have a trusted seller/buyer
we all would be better to trust coinbase, both are 1% cost, but compared to the rebellious price on localbitcoins which usually more 20%~80% expensive than the market.  >:(

e.g.
Gray line is it

recent 30 day
https://i.imgur.com/eKTSwot.png

recent 7 day
https://i.imgur.com/GUZKT6d.png


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: Brmaster on December 01, 2014, 09:06:07 AM
In fact, very little charged by exchange. Bank wire would be charged by bank, any third pay would be charged by exchanges and payments, this is a fairly large cost.


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: desticy on December 02, 2014, 03:37:33 AM
In fact, very little charged by exchange. Bank wire would be charged by bank, any third pay would be charged by exchanges and payments, this is a fairly large cost.

right.
but where you buy bitcoin that need not intermedium while intermedium will charge a fee, who willing to trade by face to face?


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: BTCjust on December 02, 2014, 09:48:33 AM
we all would be better to trust coinbase, both are 1% cost, but compared to the rebellious price on localbitcoins which usually more 20%~80% expensive than the market.  >:(

e.g.
Gray line is it

recent 30 day
https://i.imgur.com/eKTSwot.png



$10,100 per BTC on localbitcoins  ?!!  :o


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: GÜNther.Danish on December 15, 2014, 05:13:58 AM
we all would be better to trust coinbase, both are 1% cost, but compared to the rebellious price on localbitcoins which usually more 20%~80% expensive than the market.  >:(

e.g.
Gray line is it

recent 30 day
https://i.imgur.com/eKTSwot.png



$10,100 per BTC on localbitcoins  ?!!  :o
what a flash crash!


Title: Re: Buy/Sell Cheapest Bitcoins with Bank wire
Post by: bounst on December 15, 2014, 10:03:58 AM
This occurs on localbitcoins is not surprising. it is not a real exchange but a p2p market.