USA citizen - how can I buy/sell btc without using Coinbase or LocalBitcoins?

[btc-mike]

You didn't say what state.

Buys:
Coinbase - The instant buy limit is extremely low. Normal buys take up to 9 days to arrive. Limit increases are extremely slow.
Circle - The instant buy limit is $300 per week but can be raised to $3000 per week with many buys. Limit increases are slow (i think it was 1 month for me).
Kraken - Does not allow buys for California residents. I learned this after becoming verified.
Gemini - idk, still working on verification
Bitfinex - idk, still working on verification
Virwox - Very high fees
ANXBTC - They do not allow deposits from my jurisdiction. Contacted support for more info.
BTC ATMs - Most are anonymous. I have never used one.
Craigslist - There are a few people in my area that advertise cash deals.

Added a few more

[1714799633]

1714799633

[1714799633]

1714799633

[calkob]

what about using a VPN to purchase abroad?

How? I would be willing to try.

there are loadds of free vpn's out there, try hidemyass or something like that.  this website is sponsered by a VPN provider https://www.privateinternetaccess.com/ who accepts bitcoin

[btc-mike]

what about using a VPN to purchase abroad?

How? I would be willing to try.

there are loadds of free vpn's out there, try hidemyass or something like that.  this website is sponsered by a VPN provider https://www.privateinternetaccess.com/ who accepts bitcoin

LOL, I have VPNs. What method do I use to buy? My banks are US based, I am sure an exchange would notice.

[calkob]

lol  yeah i was wondering there why you didnt even know a vpn was, doh

if you where to try to purchase at say https://bittylicious.com/ with a visa/mastercard, would it not just work as if you where on holiday?  like you said you are willing to try, good luck....

infact i just checked and they accept debit cards from the US at bittylicous, it is one of the top UK bitcoin sites.  i use it all the time almost instant bitcoin payment.

[btc-mike]

lol  yeah i was wondering there why you didnt even know a vpn was, doh

if you where to try to purchase at say https://bittylicious.com/ with a visa/mastercard, would it not just work as if you where on holiday?  like you said you are willing to try, good luck....

infact i just checked and they accept debit cards from the US at bittylicous, it is one of the top UK bitcoin sites.  i use it all the time almost instant bitcoin payment.

10% fee - ouch!

I need to go out IRL, will try a small purchase when I return.

[calkob]

lol  yeah i was wondering there why you didnt even know a vpn was, doh

if you where to try to purchase at say https://bittylicious.com/ with a visa/mastercard, would it not just work as if you where on holiday?  like you said you are willing to try, good luck....

infact i just checked and they accept debit cards from the US at bittylicous, it is one of the top UK bitcoin sites.  i use it all the time almost instant bitcoin payment.

10% fee - ouch!

I need to go out IRL, will try a small purchase when I return.

10% not so good......

[btc-mike]

~snip~

Added a few more

You can use perfectmoney or neteller..
They both accept direct deposit in from of bitcoin.

Neteller charge is little high like 5% but perfect money has the lower deposit charge.
Although localbitcoin is always a good choice.

Perfectmoney/OKPAy/Webmoney do not allow US customers. It is possible to make account with VPN, but harder to get verified.

I attempted Bittylicous. They require identity verification. I am not going to do all that because i will not use them again anyway.

[BellaBitBit]

Circle's maximum is $300/week so they are useless.

If you use Coinbase, do NOT use them as a wallet.
Buy and then move them elsewhere.
Otherwise Coinbase will eventually ask you to account for every withdrawal/deposit you've made.

What do you mean that Coinbase will eventually ask you to account for every withdraw or deposit?

[Gogo ppp]

Circle's maximum is $300/week so they are useless.

If you use Coinbase, do NOT use them as a wallet.
Buy and then move them elsewhere.
Otherwise Coinbase will eventually ask you to account for every withdrawal/deposit you've made.

What do you mean that Coinbase will eventually ask you to account for every withdraw or deposit?

My statement was probably unintentionally exaggerated - they probably have a certain total USD/BTC amount of deposits/withdrawals.
When you reach that, it's exactly as I stated: They will demand you account for where you sent every withdrawal, and where every deposit came from.
They do that as their interpretation of KYC ("Know Your Customer") USA banking regulations.

If you do not comply you are barred from using their services for buy/sell.

There is no warning of this beforehand, and they can request this long after the dates of your deposits/withdrawals.


So much for the "anonymity" of btc.

[Gogo ppp]

Thanks for the feedback to this thread from 1 year ago - I'd like to update it.

I'd like to establish an account or accounts at businesses where I can sell BTC, other than Coinbase.
(Coinbase I avoid due to their lack of privacy and other issues).


Can anyone offer alternatives for selling BTC for USA residents?

Any recent buys made from non-Coinbase businesses, including any updates/comments/recent experiences on the ones mentioned in this thread?

Thank you.

[Gogo ppp]

I've ended up with Bitstamp; Kraken; Poloniex.
Have an application pending with Bitfinex.

Gemini claimed they couldn't verify me although obviously the other 3 had no problem with that.

Does anyone have any other suggestions for BTC exchanges, especially ones accepting USD, for a USA citizen living in the USA?

[The Sceptical Chymist]

I've ended up with Bitstamp; Kraken; Poloniex.
Have an application pending with Bitfinex.

Gemini claimed they couldn't verify me although obviously the other 3 had no problem with that.

Does anyone have any other suggestions for BTC exchanges, especially ones accepting USD, for a USA citizen living in the USA?

Coinbase still works, though they're kinda funny.  I've heard good things about Kraken but have yet to try any of the ones you listed using USD.  I really, really, miss Circle.

Is Gemini an exchange?  I thought they were the ETF or something like that.  Didn't know you could actually buy bitcoin through the Winklevii.

[cpfreeplz]

A quick google should help lol. Paxful, virvox are good. I'd recommend them, but other than that I'm not sure as I'm not American. Google reviews before you use any exchange.

[Gogo ppp]

I've ended up with Bitstamp; Kraken; Poloniex.
Have an application pending with Bitfinex.

Gemini claimed they couldn't verify me although obviously the other 3 had no problem with that.

Does anyone have any other suggestions for BTC exchanges, especially ones accepting USD, for a USA citizen living in the USA?

Coinbase still works, though they're kinda funny.  I've heard good things about Kraken but have yet to try any of the ones you listed using USD.  I really, really, miss Circle.

Is Gemini an exchange?  I thought they were the ETF or something like that.  Didn't know you could actually buy bitcoin through the Winklevii.

"I've heard good things about Kraken but have yet to try any of the ones you listed using USD."

Poloniex is altcoin only, no fiat from anywhere.

But all the others mentioned deal with USD from USA.

[Gogo ppp]

A quick google should help lol. Paxful, virvox are good. I'd recommend them, but other than that I'm not sure as I'm not American. Google reviews before you use any exchange.

btc-mike stated in this thread (it was over a year ago): "Virwox - Very high fees".

[layoutph]

Paxful, or announce a trading here from Bitcointalk.org.  For your both security of your buyer, get a trusted escrow. You can start posting from the Currency exchange section of this forum: https://bitcointalk.org/index.php?board=53.0

[btc-mike]

Funny this thread should pop up again. I am looking for a new supply of bitcoin.

Kraken still does not appear to support my state. I am checking with support.

Circle shut me down.

[Gogo ppp]

Funny this thread should pop up again. I am looking for a new supply of bitcoin.

Kraken still does not appear to support my state. I am checking with support.

Circle shut me down.

They shut you down or they shut everyone down?
I thought they got out of the btc business within the last year.


Gemini ng for you?

Have you tried Bitstamp?

[btc-mike]

Circle shut me down before they closed shop.

I tested Gemini in the past and found $60 in my account! I will probably go back to them but I hate having funds tied up for 3-5 days.

[btc-mike]

I haven't tried anything that required wire transfers until today. Just sent $ to Gemini. I didn't realize I can wire money from my online bank portal.

Kraken says they work in my state now but there is an error. I have contacted support again.

I have tried many other methods in the past for buying but none were reliable for long-term. Western Union, MoneyGram, PayPal, various credit card transfers. They all start asking questions after certain limits.