Best deposit method

[BittyBatty]

Currently for a USC, as far i know, coinbase and kraken are only possible deposit gateways for fiat to crypto world.

While i have been using coinbase, they have become a pain. Their system blocks me from placing a buy order asking for ID verification, which i have done 1 month back.
When i upload my drivers license and selfie, it just says failed. No details, no explanation, no followup on how to proceed from there. Drives me nuts. 0 customer satisfaction rating if it is in traditional market space. Customer service is absolutely terrifying but i don't see other options.

Kraken is outright asking for SSN,  give me a break. You are not regulated by any authority and your practices are questionable like any other crypto organization. Submitting DL itself is a stretch for me , forget about SSN.


How do you guys convert fiat to crypto and how you are able to overcome these hurdles to quickly deposit when you want.

BTW, i use Polo and Bittrex for buy/sell but only after you purchased your BTC/ETH/LTC  from coinbase.  Appreciate any reliable suggestions that you have tried.


~B

[Emoclaw]

Try using https://gemini.com/.
It is a much better way to buy Bitcoin with FIAT than Coinbase.

Verification sometimes takes longer than usual, but it's overall the best Coinbase alternative.

[tleilaxu_eyes]

Try using https://gemini.com/.
It is a much better way to buy Bitcoin with FIAT than Coinbase.

Verification sometimes takes longer than usual, but it's overall the best Coinbase alternative.

That site looks extremely generic, did they launch recently? Where are they headquartered?

[TryNinja]

Try using https://gemini.com/.
It is a much better way to buy Bitcoin with FIAT than Coinbase.

Verification sometimes takes longer than usual, but it's overall the best Coinbase alternative.

That site looks extremely generic, did they launch recently? Where are they headquartered?

AFAIK Gemini is owned by the Winklevoss brothers. I also heard that they carry the highest grade US banking license and are FDIC insured. Because of that, I would say that Gemini is the more reliable and legit exchange you can think off.

Read their "about us" page: https://gemini.com/about/

[poordeveloper]

I am maintaining a matrix of exchanges where you can buy or sell BTC:
https://bitcointalk.org/index.php?topic=2118380.0

[BittyBatty]

I am surprised there are not much options that are not intrusive. I have no problem giving my id but most of these companies don't have any regulations and we never know where our data will end up. That is why i am looking for service who doesn't ask too much personal information.

Any outside US exchanges we can use?

[pinkflower]

What about localbitcoins.com? The exchange rates are not as good compared to Bitstamp but its a good and easy option to convert cash to BTC.