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Author Topic: Buy bitcoins online - current and working?  (Read 1182 times)
opentoe
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January 18, 2013, 08:12:00 AM
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I've used basically one place to buy my bitcoins, but want to be able to have a backup plan. In the past they haven't always been available to me when I needed them.

I already have an account with Dwolla and a verified bank account.

I have an account with bitfloor, but for some reason they don't have anymore cash deposit method. I refuse to have to pay someone to take my money.

I have an account with coinbase, but never used them before. Can I out right buy BTC using coinbase with my bank account? Still waiting for verification there.

Any other suggestions out there to buy bitcoins?


Also, in the near future I will also be selling some bitcoins. I guess that's a whole new ball game.

Thanks.

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camolist
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January 18, 2013, 08:16:36 AM
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coinbase now lets you buy up to 100btc and sell up to 1,000 btc per day with a linked US bank account

takes a few days to get money in or out (slow US bank transfers are the fault) but rate is locked in the second you click buy or sell

seems to be the easiest way at a good rate of 1%


creativex
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January 18, 2013, 08:40:53 AM
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Coinbase works a treat if you don't mind linking your bank account.

marketersales
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January 18, 2013, 10:52:58 AM
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Coinbase works a treat if you don't mind linking your bank account.
Yep you're right.
opentoe
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January 19, 2013, 01:17:16 AM
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So if I was able to get money into my coinbase account after waiting however many days it takes I would be able to buy bitcoin right away and have that bitcoin that day?


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creativex
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March 05, 2013, 06:49:41 AM
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So if I was able to get money into my coinbase account after waiting however many days it takes I would be able to buy bitcoin right away and have that bitcoin that day?

Nope. You don't get fiat into your coinbase account. You link your coinbase account to your bank account. Then when you buy BTC you're locking in the price of the BTC you purchased, but it takes a few days for the BTC to show up at coinbase. They give you an estimated time for the coins to show up which thus far has been 100% accurate for me(100ish transactions).

DannyHamilton
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March 05, 2013, 03:49:17 PM
 #7

- snip -
I have an account with bitfloor, but for some reason they don't have anymore cash deposit method.
- snip -

BitFloor now accepts cash deposits at Bank of America.
They also accept P2P transfers from CapitalOne360 checking accounts (used to be ING Direct Electric Orange).

EDIT: As of 2013-04-17 BitFloor has ceased all operations.

shkiser
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March 05, 2013, 05:17:39 PM
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Ive seen several people saying that coinbase cancels a lot of transactions.. Most of them seemed linked to a fluctuation in BTC value.

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opentoe
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March 06, 2013, 02:51:12 AM
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Ive seen several people saying that coinbase cancels a lot of transactions.. Most of them seemed linked to a fluctuation in BTC value.

They probably don't have enough Bitcoin available. This is the type of stuff I hate. If they can't manage their system to indicate when they low on funds, it should be presented to the user at that time.

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