Buying a large sum of bitcoins

[homerjj]

Hi ,

I want to soon buy bitcoins for a good price in EUR.

Can anyone suggest where or how i should buy BTC.

Which exchange are best and what strategy (do i buy all in 1 go?) should i use to purchase that quantity. Is BTE-e a good place to buy

This is purely for investment purposes.

[Mayer Amschel]

If you live in the BENELUX you can buy in sets of 25-50BTC from bitonic.nl

[--Encrypted--]

seriously?

"please donate at 1CWFVcA4QLnqQmX9xF9LdNadHCsME"
^ from OP's signature lmao. that address don't even exist. sig limit of newbies. should be 1CWFVcA4QLnqQmX9xF9LdNadHCsMEcFBFF (see personal message.).

[CEG5952]

Hi ,

I want to soon buy a large quantity of bitcoins for a good price in EUR.

Can anyone suggest where or how i should buy 250BTC.

Which exchange are best and what strategy (do i buy all in 1 go?) should i use to purchase that quantity. Is BTE-e a good place to buy this quantity?

This is purely for investment purposes.

Thanks,

Suresh

If you're going all in, BTC-e is also good but I wouldn't recommend an all in with them. Perhaps you could go and buy on separate websites? I recommend ecoin.eu if you live around europe. You can go to their office personally to make the purchase.

EDIT: I didn't see the sig right away but It wouldn't hurt to help if he really wants to invest lol.

[Mayer Amschel]

seriously?

"please donate at 1CWFVcA4QLnqQmX9xF9LdNadHCsME"
^ from OP's signature lmao.

Who knows bro... who knows..

[homerjj]

hahaha, thanks for pointing my Sig out guys, i've now removed it.

For the serious answers, basically what you are saying is that it wont be possible to buy that quantity all in 1 go and that i should spread it over multiple trades? and even multiple exchanges?


I have been looking at btc-e lately and i have noticed that there is alot of liquidity there compared with anxpro for example where its much lower. But is there an exchange with an even higher liquidity?

[everaja]

Yeah , if you wanna buy Large sum of Bitcoins then You can use Btc-e Or else if you want amount in Fragments then contact Bitrent , he is one of the legit guy , i haven't done any business with him personally but have seen a lot of people doing and they are happy, or else you can even try Localbitcoin.

[Mayer Amschel]

Bitfinex has the most volume

[homerjj]

thanks for the help guys, bitfinex seems to be a good site.

going to do some more research, thanks for the advice!

[Serpens66]

all exchanges:
http://exchangewar.info/

or
https://bitcointalk.org/index.php?topic=695082.0

Where and how to buy them depends on the money you want to spend and what to do with those bitcoins.

[pedrog]

Bitstamp.net, kraken.com, bitfinex.com and btc-e.com, you'll be fine with these ones.

[gentlemand]

BTC-e really isn't the best place if you're sending fiat, and it's even worse for EUR.

You have to go through third party payment processors which can take a long time plus there are fees on top and their BTC/EUR market is tiny. A 250 coin buy eats half the sell orders on there so you'd singlehandedly give the price a tiny moon shot when other exchanges might not budge at all.

There are plenty of other EUR options that would be way faster and with less slippage. Kraken is probably the biggest EUR exchange. There are also places like bitcoin.de and other aforementioned markets that would be a better option.

[BTCjust]

I think 250BTC is nothing to a big exchange, you can buy it in any one bitcoin exchange.

bitstamp
btcchina
lakebtc
btc-e
itbit
bitfinex
etc..



the questions is what fiat do you use? usd is best, cny and eur also can be considered.

[coinplus]

I guess buying some 250 bitcoins would boast the bitcoin price at least 10%. So it must be a time to buy some bitcoin to get some profits using lazy trades with alt coins.

[brituspol]

tell your location so it may be there are some good exchanges that can be suggested, also share what payment method you want to use for this purchase

[titulng]

also I think 250BTC is not much for a real bitcoin exchange, you should away from it if you even can't buy 250BTC in some one.

for eur, lakebtc or kraken is matches your appetite

[VirosaGITS]

I highly recommend you invest in a solid hardware wallet to store that BTC. I wouldn't leave it on exchanges, since well, you never what can happen. Hacks, Mtgox, etc.

Anyhow, make sure to read on cold storage, wouldn't want to lose that 57.5k USD would you?

[Amph]

also I think 250BTC is not much for a real bitcoin exchange, you should away from it if you even can't buy 250BTC in some one.

for eur, lakebtc or kraken is matches your appetite

i don't know if OP want to do it without sending his id, with that sum you need ID in every exchange

but if he can split that amount in many small amount, he can probably cut it, would reguire a long wait, though

[Mickeyb]

If you will use an exchange OP, go with Kraken. I mean, if you opt in for doing a verification than Kraken is the best of all exchanges if you are buying in euros. It's the easisest and the cheapest to send euros via SEPA.

If you don't want to be verified than you need to work out the trade in person. This will be riskier of course if you don't have somebody to help you out with it. You might want to post ads in Currency exchange section. This will take longer as well.

[angelakay124]

I think if you buy all of those 250 bitcoin at a time in any trading platform it may rise the bitcoin price a little around 1-2$ for sometime. BTC-e can be the option to buy but buy in installment will be good option for you. Store those bitcoin in cold wallet after you buy them, don't take the risk of lossing from hot or online wallet.