Looking for a site to start Daytrading on. Unfortunately in the past since BTCs early days sites that offered instant exchanges often turned out as scams and ran away with tons of BTC after some years...
Is there any safe European one that offers instant BTC/EURO exchanging and IBAN withdrawals?
Not sure about European exchanges, but GDAX (Coinbase exchange) is a very reputable and licensed US exchange. They have BTC/EUR markets and process SEPA transfers in 1-2 business days.
Here's
a list of supported European countries and
info about depositing/withdrawing EUR.
I like to day trade on GDAX because there are no commissions on maker (limit) orders. So I trade fee-free. And I feel more comfortable storing funds there than most other exchanges.....they are licensed, hold fiat funds in insured bank accounts, and apparently
98% of coins in custody are stored offline.
Oh wait wow I've used the GDAX BTC Chart for some months now, I thought they were only a charts-site and not an exchanger because I never visited anything but their charts.
I probably shouldn't have said "European". If the site offers SEPA that's totally cool regardless of their host location.
Of course GDAX supports every Euro country but mine: Germany.. God, I hate this country if it comes to anything financial.
But I googled and it seems with some extra verification steps they still accept users from Germany. I'll contact them and make sure.
GDAX is 6 years old and seems extremely legit. It'd be exactly what I'm looking for.
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