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Author Topic: Any recommendations for good exchange allowing deposit/withdraw fiat money?  (Read 320 times)
SGToken (OP)
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July 06, 2017, 06:01:21 AM
 #1

With the following requirements:
1. Good daily volume
2. Relatively easy verification.(no more than two weeks)

Thanks.
Duzter
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July 06, 2017, 06:25:26 AM
 #2

You could give a try with livecoin which has got the user friendly interface as well got the decreased commissioning for the trades we make. On the whole seems good for a starter, yet you can go through different platforms available and choose the one that makes you feel better.

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July 06, 2017, 08:20:35 AM
 #3

Kraken is pretty good too.

Perhaps check this list out; https://blockgeeks.com/guides/best-cryptocurrency-exchanges/.

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July 06, 2017, 08:28:42 AM
 #4

With the following requirements:
1. Good daily volume
2. Relatively easy verification.(no more than two weeks)

Thanks.

A lot of exchanges claim that their verification process takes a few days only but at the end of the day, they all take longer. That being sad, you have Coinbase, Kraken or you have Virwox where there is no verification required and you can bitcoin using multiple payment methods but the fees are kinda high and the limits increase only over time.

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SGToken (OP)
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July 06, 2017, 08:51:51 AM
 #5

With the following requirements:
1. Good daily volume
2. Relatively easy verification.(no more than two weeks)

Thanks.

A lot of exchanges claim that their verification process takes a few days only but at the end of the day, they all take longer. That being sad, you have Coinbase, Kraken or you have Virwox where there is no verification required and you can bitcoin using multiple payment methods but the fees are kinda high and the limits increase only over time.

Applied Kraken a month ago and now is still at Tier 1, which doesn't allow fiat money deposit. Tried Coinbase too but it only allow credit card payment at where I stay…
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July 06, 2017, 08:52:59 AM
 #6

With the following requirements:
1. Good daily volume
2. Relatively easy verification.(no more than two weeks)

Thanks.
Try to make an account in coinbase, it is a good exchange for 3 currencies and they are bitcoin, litecoin and ethereum. It is an online wallet also so you can store your bitcoins there but don't forget to verify your account so you can have a strong identity for your wallet so if there is something wrong then it will be easily be solved by the coinbase team because they will not request for a verification because you are already verified.
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July 06, 2017, 08:54:19 AM
 #7

all i can say is kraken, but for non european may be not ideal, maybe if you can tell us from where are you from first

but anyway krkaen has the fastest withdrawals in sepa less than oen day, and the lowest fee for that, 0.09 euro

there is no verification required if you are not going to cash out more than $10k per month, and the volume is good, kraken was in top 5 exchange recently
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July 06, 2017, 09:26:37 AM
 #8

With the following requirements:
1. Good daily volume
2. Relatively easy verification.(no more than two weeks)

Thanks.

A lot of exchanges claim that their verification process takes a few days only but at the end of the day, they all take longer. That being sad, you have Coinbase, Kraken or you have Virwox where there is no verification required and you can bitcoin using multiple payment methods but the fees are kinda high and the limits increase only over time.

Applied Kraken a month ago and now is still at Tier 1, which doesn't allow fiat money deposit. Tried Coinbase too but it only allow credit card payment at where I stay…

Think I applied and leveled to the first two Tiers in a single day; did you try applying to Tier 2 and see if that automatically confirms Tier 1? I did for me.

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July 06, 2017, 09:26:50 AM
 #9

all i can say is kraken, but for non european may be not ideal, maybe if you can tell us from where are you from first

but anyway krkaen has the fastest withdrawals in sepa less than oen day, and the lowest fee for that, 0.09 euro

there is no verification required if you are not going to cash out more than $10k per month, and the volume is good, kraken was in top 5 exchange recently

The Kraken verification process you mentioned maybe is outdated. I applied for Tier1 to Tier 3 verification about one month ago. Tier1 was approved on Jun 15th, and Tier2 is still "processing".
PS: I'm from Singapore
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July 06, 2017, 09:28:22 AM
 #10

With the following requirements:
1. Good daily volume
2. Relatively easy verification.(no more than two weeks)

Thanks.

A lot of exchanges claim that their verification process takes a few days only but at the end of the day, they all take longer. That being sad, you have Coinbase, Kraken or you have Virwox where there is no verification required and you can bitcoin using multiple payment methods but the fees are kinda high and the limits increase only over time.

Applied Kraken a month ago and now is still at Tier 1, which doesn't allow fiat money deposit. Tried Coinbase too but it only allow credit card payment at where I stay…

Think I applied and leveled to the first two Tiers in a single day; did you try applying to Tier 2 and see if that automatically confirms Tier 1? I did for me.

When did u apply? And where do u stay?
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July 06, 2017, 10:10:53 AM
 #11

I'm in Europe and I applied yesterday or the day before to the first three Tiers.

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July 06, 2017, 10:33:17 AM
 #12

I applied for Kraken tier 3 last week and was approved yesterday.  Took about 5 days.
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July 06, 2017, 11:12:18 AM
 #13

Tier 3 still pending btw, I just read that it can take up to 2-3 weeks. Wow, might have been lucky then for the first few Tiers Smiley

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