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Author Topic: Best way to sell/buy bitcoins without fees?  (Read 7093 times)
bitcoininnj
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June 26, 2011, 04:12:01 PM
 #21

I am currently using Tradehill, but it is clunky. Bitcoin7 looks good, but needs some volume. Staying away from the mountain of Gox until they get their stuff together.
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jors
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June 26, 2011, 04:34:52 PM
 #22

Stick with the ones with fees, its like paying for protection.  it wont make much of a difference but in the end it will be worth it

Bitmarket.eu has also it's protection mechanisms even with no funds (I think it does this by locking the bitcoins to buy/sell in the accepted transaction into an intermediate wallet until the payment process has been done between particulars, but that's another story).

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June 26, 2011, 04:50:42 PM
 #23

Can't use PayPal, because you can be easily be scammed out of your bitcoins there.  There is so tangible evidence that the sale was secured, so they can complain that you didn't pay them and you just lose your coins.
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June 26, 2011, 05:17:42 PM
 #24

I just wish there was an easy way to go USD into the bitcoin market. Currently mining and waiting for dwolla but its slow going.
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August 25, 2011, 11:34:41 AM
 #25

I just wish there was an easy way to go USD into the bitcoin market. Currently mining and waiting for dwolla but its slow going.

You can wire your money into MtGox account. However I do not like 0,65% commision on trades. It is higher than on stock exchanges!

TheSmurfsCoin ThDhYVY7rvVAoQDPmNTEHBi8RSyihVD7qz
kjlimo
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August 25, 2011, 01:14:18 PM
 #26

I just wish there was an easy way to go USD into the bitcoin market. Currently mining and waiting for dwolla but its slow going.

You can wire your money into MtGox account. However I do not like 0,65% commision on trades. It is higher than on stock exchanges!

Only if you're trading more than $1,000 (USD) worth will your commission be more than $7.  I haven't personally traded on the stock market, but I thought $7 is what e-trade and whatnot tend to charge...

If you're dealing with more than $1,000 of bitcoins, then good for you and yes, it's probably worth it to try to find another way of obtaining that many.  However, at that point it's probably worth it to have mtgox do the work of finding that many for you to buy.

CampBX for buying BTCs, Coinbase for selling BTCs or Vircurex or Cryptsy for trading alternate cryptocurrencies like DOGEs

PM me with any questions on these sites!  Happy to help!

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jacubo
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August 26, 2011, 07:01:31 PM
 #27

Only if you're trading more than $1,000 (USD) worth will your commission be more than $7.  I haven't personally traded on the stock market, but I thought $7 is what e-trade and whatnot tend to charge...

If you're dealing with more than $1,000 of bitcoins, then good for you and yes, it's probably worth it to try to find another way of obtaining that many.  However, at that point it's probably worth it to have mtgox do the work of finding that many for you to buy.

Well I thought bitcoins should remain competitive against paper money. Why compare purchase of one currency with another one to shares purchase? Stock market commisions were always high. On the other hand if you want to buy Euro with USD you pay almost no commision at all on Forex market. Since bitcoins are alternative currency commision should not be same as on stock market.

TheSmurfsCoin ThDhYVY7rvVAoQDPmNTEHBi8RSyihVD7qz
SilverLining
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August 27, 2011, 12:55:39 AM
 #28

ruxum is in beta at the moment and it is fee free until it goes public.

I have some invites which i'm offering free.

I don't know if i can receive PM so just reply if you are interested.
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