I am talking about the transactions fees (sorry I am new and thus not so precise yet). I used bitpanda.de and I had to pay 0,00110400  BTC which was about 4 Euro (4.8 USD) fee for one transaction to the wallet on my laptop. If it is really that expensive, I could just stick with my bank. Thus I found this page: http://bitcoinfees.21.co/ with which I could optimize my transaction fees, but I realized that not all wallets (I am using Exodus which is not that flexible. So I am searching another wallet as well) or online platforms allow adapting the fee. I saw that coinbase.com allows it, but it doesn't work with german accounts.

Bitcoin.de is some kind of market place where you can buy bitcoins from other people, which takes forever and is cumbersome. I want to have some kind of shop or virtual bank, where I can just go and "change" money instantly (like bitpanda.de), but with adaptable transaction fees.
I just checked simplecoin.eu. The minimum amount of Euro to buy bitcoins for is 191€!! I want to start small to get a feeling first.

[Suspicious link removed] and Electrum.org are wallets. The first seems to be an online wallet the latter a downloadable local wallet. Maybe the transaction fees could be changed (which I will check later), but I cannot buy bitcoins there.

Any other suggestions?

(As a side question: If you set the transaction fee too low, and it actually takes too long, can you somehow cancel that transaction and try again with a higher fee? Or is your money really lost?)

Anybody knows a homepage to buy bitcoin and be able to choose the transaction fees as wished? Preferably one which works in Germany

Hello,

I am new to the bitcoin stuff. To figure out how it all works I created an account on Bitpanda.com and on Bitcoin.de and realized two major differences:

Bitpanda.com seems to be very easy to use: You can directly order you bitcoins in bitcoin fractions or EUR, then pay by credit card or similar and after 5 minutes you have your bitcoins. After that I transfered the bitcoins to my local wallet "Exodus" in less than a couple of minutes.

Bitcoin.de seems much more complicated. Basically you can setup an offer how much bitcoins you need (in bitcoin fractions not in a real currency) and place an upper limit of what you would pay max. After half an our (or so) I got an email that someone wants to sell. Then I had to transfer the money within 18 hours(!), have to confirm that I did that and am now waiting for this guy to transfer the bitcoins!

Obviously the latter is a quite lengthy process and I only see the disadvantages.
- Is there a name for these two different types of market places?
- Are there even more type of different marketplaces?
- What is the advantage of the latter?
- It took only a minute or so to transfer the bitcoin from the bitpanda to my wallet. I watched a video that said one block is "mined" every ten minutes and thus it takes at least 10 minutes that the bit coins are transfered. Usually even more blocks an thus about 30 minutes. Why was it so fast?


Thanks in advance

Zulu