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Author Topic: what do you use to Buy Bitcoin with Fiat?  (Read 1643 times)
sundriver (OP)
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June 10, 2017, 08:55:43 PM
 #1

Which website is your favorite and why? And which other exchanges have you used to buy successfully? (Or failures)
dillpicklechips
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June 11, 2017, 07:17:03 AM
 #2

In our country, we can buy Bitcoin with Fiat thru convenience stores like 7-eleven, remittance centers, department stores, and banks. But as for me, I prefer to buy Bitcoins thru 7-eleven which is very convenient actually and very easy. There is a kiosk machine which you just enter the mobile number that is linked to your account and the amount then there is a receipt which you will give to the cashier and pay for it then look at your wallet and there it is.
bitcoinstress
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June 11, 2017, 09:14:23 AM
 #3

I bought bitcoin at one of the biggest exchange sites, you know huobi. I have done some transactions there, they have good service.

sundriver (OP)
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June 11, 2017, 04:04:10 PM
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In our country, we can buy Bitcoin with Fiat thru convenience stores like 7-eleven, remittance centers, department stores, and banks. But as for me, I prefer to buy Bitcoins thru 7-eleven which is very convenient actually and very easy. There is a kiosk machine which you just enter the mobile number that is linked to your account and the amount then there is a receipt which you will give to the cashier and pay for it then look at your wallet and there it is.

That's very cool. What's the rate per bitcoin?  And which country is that?
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June 11, 2017, 04:23:57 PM
 #5

I buy a bitcoin using a special exchanger, which I really like. It is reliable fast and anonymous. And it's called d-obmen

jumbo
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June 11, 2017, 06:41:50 PM
 #6

Coinbase is the most polular answer.

LocalBitcoins is also great, if you have cash (rates are favorable for cash owners).
LFC_Bitcoin
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June 11, 2017, 07:14:39 PM
 #7

Localbitcoins.com is by far the best & most safest site in my opinion. I can only report positive experiences with them, they use an escrow so it vastly limits the chances of buyer or seller getting scammed. Top site.

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HabBear
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June 11, 2017, 07:18:53 PM
 #8

What country are you in? The answer to that question truly drives the options available to you.

But if you're not looking for a recommendation and just interested in what everyone else is using, Coinbase is my favorite. It's easy to use, kinda mainstream, easy to transfer fiat in and out, and the fees are relatively low if you're willing to wait a few days for a transaction to settle. For all of these reasons a lot of people here don't like Coinbase.

Coinbase also has strong security, a vault option for higher balances, and enables easy purchasing of Litecoin and Ethereum.

Finally, a lot of early innovators in the crypto-currency industry are involved with coinbase and a lot of silicon valley stalwarts are early investors in coinbase. The involvement of people who are experts in both fields gives the company a lot of credibility that they know what they're doing AND that they have a lot to lose if they try to do something nefarious.

If you want a referral link to get each of us $10 off a $100 purchase, PM me!
locopao
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June 11, 2017, 07:34:55 PM
 #9

If you have any Bitcoin ATM in your area, give it a try (but be prepared to pay some rather high fees, that's the price of anonymity)

I always find handy the chipchap service in my country which allows me to buy bitcoins using fiat money via the bank's easy pay machine. Of course the fees are rather high, too, but it works like charm.

A lot of people will also suggest you the Localbitcoins, which is the best solution (that's what i hear, never used this service before).

But then again, all depends on what country you are in.
candidpurge
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June 12, 2017, 04:40:52 AM
 #10

I prefer Local Bitcoins ( let you buy face to face) or Coinbase (highly respected bitcoin company).
CHRISBIN702
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June 12, 2017, 04:52:02 AM
 #11

When I do buy, I try these methods in order.....(same goes for selling)
 1. I try first to buy it from an actual person that I meet somewhere, Usually a coffee shop  
 2. If I can't find a buyer to meet up with I resort to a nearby BTM machine. The upcharge on these things makes me want to knock the machine over. But I don't.
 3. Coinbase using my checking account. This option, the last time I used it anyway, had no fee but took an average of three days to arrive. Admittedly, I don't do this anymore. I've grown up so to speak.
 4. Another method I used to use as last resort is Paxful. I can't stand that site anymore. It is so hard to find a legitimate buyer/seller anymore that buys/sells at a reasonable rate.

   3 and 4 don't appeal to me anymore. I've been actively involved in the local crypto-community long enough now that finding a face to face P2P deal is achievable within an hour or two, any time of day.

  Edit: I prefer not to buy at all anymore. Earning Bitcoin through my job and other sources have been my preferred method. But sometimes I want to have a little fun and don't feel like waiting till I get paid. That is when I would use the aforementioned methods to buy or sell.

Not for sale.........
Why, how much you got?
ICObox
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June 12, 2017, 07:36:42 PM
 #12

It depends on the place where I am and the volume of the transaction. If in my environment I can not find a counterparty, I turn to P2P services and only then can I contact ATMs or other exchangers. It is more pleasant for me to contact people. I get more flexible prices when contacting the seller. Maybe I'm wrong and someone here will advise the service with flexible prices and pleasant commissions. I will be very happy about this! Cheesy
Velkro
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June 12, 2017, 10:29:07 PM
 #13

Coinbase for ease of use, bitstamp for beign old-school and kraken for beign stupid Wink
You can always choose urself, there are so many today u can use, poloniex, btc-e. Choose wisely which suit u best.
Rhosadah
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June 20, 2017, 11:59:45 AM
 #14

I mostly sell and buy on trusted local websites and recommendations from BTT colleagues.
Vishnu.Reang
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June 20, 2017, 06:41:34 PM
 #15

I am using both ZebPay and Localbitcoins, since I am residing in India. I make the decision depending on which one of them gives the better deal. Localbitcoins is good, but recently some of the trusted vendors have started cheating the sellers. A few weeks back, I got in to a dispute with one of them. Wasted quite a lot of time and effort, but got back my coins in the end.
iluvpie60
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June 21, 2017, 07:38:49 PM
 #16

Don't use Poloniex. They are 30 to 40 days behind on any support requests. If you have an issue there your coins or funds will be tied up for a long time. Mine are currently on withdrawal hold, meaning I cannot withdraw them because their stupid system wants approval from an actual person before it happens(27 days + I cannot withdraw my own coins). Even though I am verified I cannot withdraw. Big pain in the ass and they suck.

Coinbase is what Iwould use if buying from fiat. For me they have never let me down, fast every time. The ability to buy with  a credit card instantly and withdraw minutes later is great. That is what I do.
danmoris
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June 21, 2017, 08:44:05 PM
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Don't use Poloniex. They are 30 to 40 days behind on any support requests. If you have an issue there your coins or funds will be tied up for a long time. Mine are currently on withdrawal hold, meaning I cannot withdraw them because their stupid system wants approval from an actual person before it happens(27 days + I cannot withdraw my own coins). Even though I am verified I cannot withdraw. Big pain in the ass and they suck.

Coinbase is what Iwould use if buying from fiat. For me they have never let me down, fast every time. The ability to buy with  a credit card instantly and withdraw minutes later is great. That is what I do.


Doesn't Poloniex make things easier for trading? And what do you think of the fees is charging?
elite3000
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June 21, 2017, 09:11:46 PM
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Don't use Poloniex. They are 30 to 40 days behind on any support requests. If you have an issue there your coins or funds will be tied up for a long time. Mine are currently on withdrawal hold, meaning I cannot withdraw them because their stupid system wants approval from an actual person before it happens(27 days + I cannot withdraw my own coins). Even though I am verified I cannot withdraw. Big pain in the ass and they suck.

Coinbase is what Iwould use if buying from fiat. For me they have never let me down, fast every time. The ability to buy with  a credit card instantly and withdraw minutes later is great. That is what I do.


Doesn't Poloniex make things easier for trading? And what do you think of the fees is charging?

How they make things easier for trading?

I don't think take 40 days to answer a support ticket and hold people's withdraws funds help trading, because you can't trade if your funds are stuck
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June 21, 2017, 09:55:46 PM
 #19

I am using localbitcoins to buy and sell my bitcoins as it supports my bank account and their are users from my local so that i can do transaction in my local fiat currency and the escrow system is very good of this site.
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June 21, 2017, 11:27:14 PM
 #20

Bitcoin.de

I'm not even German, but I've been using it since 2013 so, I don't know, it may be by force of habit that I'm still using it  Cheesy

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