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April 19, 2016, 02:37:40 AM |
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Having gotten tired of BTC ATMs (expensive, 9% - 14% over "spot") and localbitcoin.com (a hassle), I went looking today for a better solution to buy BTC. I wanted to find a BTC exchange that was reliable yet easy to use.
Especially that "easy-to-use" business. I'm an American after all. "Simplicity is a virtue."
So, I looked at several options, but none looked very good. For example, cex.io and others would not sell to Americans in my state. So it was between Coinbase and Circle. I tried Coinbase first, but could not get very far. Then I tried Circle. Withing two hours after Sign-Up and verfications, I got Bitcoin sent to me. Payment (first to my account there) by debit card.
I still have yet to hear back from Coinbase even after filling out a ticket asking for help.
Circle is the winner, at least so far.
EDIT: I got $9.87 worth of BTC when I asked for BTC to my own wallet (not at Circle). 1.3% net fee. Not bad!
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