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Author Topic: Traders: I'll tip you for recommending a suitable exchange  (Read 448 times)
Sir Lagsalot
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July 12, 2016, 12:32:07 PM
 #1

The exchange needs to accept SWIFT transfers and have their deposit account with either Citibank in the US for Dollars, Commerzbank Frankfurt for Euros or HSBC London for Pounds.

Thanks.


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gentlemand
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July 12, 2016, 03:10:40 PM
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HSBC is definitely out. There's no british banking available for exchanges.

Why so specific?
Sir Lagsalot
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July 12, 2016, 04:53:07 PM
 #3

Using other banks means that my transfer goes through a so-called correspondent bank. Last time my transaction was delayed and I was charged over 30 Euro by the correspondent bank. I need to cut that step out for my trading plan to work.

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July 12, 2016, 06:31:51 PM
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www.Kraken.com

Fits your criteria quiet good. Have been using them for over 2 years now without an issue. Support responses is also really satisfying and fast as far as I experienced it. Bank Transfer was also really fast every time (SEPA).

Overall the exchange feels really secure. Liquidity is also really good on Euro/BTC pair. Liquidity is also okay for USD pair. If you want to use GBP I wouldn't recommend them since the spread is quiet big.

But overall, great exchange to just buy/sell Bitcoins on a regular base.
Sir Lagsalot
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July 12, 2016, 06:52:52 PM
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www.Kraken.com

Fits your criteria quiet good. Have been using them for over 2 years now without an issue. Support responses is also really satisfying and fast as far as I experienced it. Bank Transfer was also really fast every time (SEPA).

Overall the exchange feels really secure. Liquidity is also really good on Euro/BTC pair. Liquidity is also okay for USD pair. If you want to use GBP I wouldn't recommend them since the spread is quiet big.

But overall, great exchange to just buy/sell Bitcoins on a regular base.

Thanks, I'm waiting on a response from Kraken about their German deposit bank.

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July 12, 2016, 11:15:16 PM
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www.Kraken.com

Fits your criteria quiet good. Have been using them for over 2 years now without an issue. Support responses is also really satisfying and fast as far as I experienced it. Bank Transfer was also really fast every time (SEPA).

Overall the exchange feels really secure. Liquidity is also really good on Euro/BTC pair. Liquidity is also okay for USD pair. If you want to use GBP I wouldn't recommend them since the spread is quiet big.

But overall, great exchange to just buy/sell Bitcoins on a regular base.

Thanks, I'm waiting on a response from Kraken about their German deposit bank.

They are working together with the German "Fidor Bank".
But you have to get completely verified from Germany since there were a lot of fraud attempts from Germany. The support will clear things up for you.

Good Luck!  Smiley
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