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Title: Circle for frequent currency exchange between USD/BTC? Post by: hoganJ32888 on November 22, 2016, 08:04:02 PM Hey,
Sorry for my ignorance, but "trading" is when when you constantly buy/sell between BTC & USD, based on market values, to try to make money, right? K, so if this is so, are you allowed to do this on Circle by just constantly switching between BTC Wallet and USD wallet? Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: Sylon on November 22, 2016, 09:38:25 PM Trading means To engage in buying and selling for profit. so in your case, you would have to earn money through switching between USD and BTC.
I don't use Circle, but this kind of services very often take important fees on each transaction, such as PayPal. Why don't you just learn how to trade and then use exchanges (trading platforms) ? Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: tiggytomb on November 22, 2016, 10:12:37 PM I agree, there will probably be fees for each transaction or the price of bitcoin will be slightly higher to account for a fee.
It would be better for you to use a trading platform. Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: hoganJ32888 on November 23, 2016, 02:13:06 AM I thought Circle had zero transaction fees.
Anyways can you suggest a few trustworthy trading platforms? Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: unholycactus on November 23, 2016, 02:39:59 AM I thought Circle had zero transaction fees. Anyways can you suggest a few trustworthy trading platforms? They have a pretty big markup. Not necessarily listed as a fee but it will show greatly in the exchange rate. Trying to time to market to make a profit by waiting for highs and lows is nonsensical. A few examples of trading platforms : Bitstamp, Bitfinex, Coinbase, Kraken. Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: pooya87 on November 23, 2016, 05:03:46 AM I thought Circle had zero transaction fees. Anyways can you suggest a few trustworthy trading platforms? that is for transactions that they charge no fees means when you make a deposit or withdrawal. https://www.circle.com/en/legal/intl-user-agreement but according to the #10 the price they offer seems to be different from price you see on exchanges. i don't have an account but you can use yours and check the price they offer you versus prices you can see on www.preev.com from 3 different exchanges: bitstamp, bitfinex, and btc-e (localbitcoins is higher prices for buying more p2p and not good for trading) Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: odolvlobo on November 23, 2016, 07:01:18 PM You can buy and sell from Circle, but it is better to use an exchange. You will get better rates in the end.
Title: Re: Circle for frequent currency exchange between USD/BTC? Post by: Sylon on November 23, 2016, 11:16:39 PM I thought Circle had zero transaction fees. Anyways can you suggest a few trustworthy trading platforms?
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