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Author Topic: Absolute cheapest way to sell/buy bitcoins in the U.S.  (Read 3253 times)
Tekkna (OP)
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April 03, 2013, 10:42:14 PM
 #1

I wish to find the cheapest method of selling and buying bitcoins, with the lowest fees, any ideas?

I know there is BitInstant which charges 4% fee, anyone lower?


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dgray9000
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April 03, 2013, 10:52:21 PM
 #2

coinbase.com only charges 1% fee
saed
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April 03, 2013, 10:55:01 PM
 #3

I wish to find the cheapest method of selling and buying bitcoins, with the lowest fees, any ideas?

I know there is BitInstant which charges 4% fee, anyone lower?

https://intersango.com
cel
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April 03, 2013, 11:14:23 PM
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For (gradual) selling, you could put an ad localbitcoins.com and meet with people in person to sell BTC for cash. This assumes you live in a somewhat densely populated area.
charliemaggot
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April 03, 2013, 11:36:47 PM
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Bank > Dwolla > MtGox is $0.25, but takes 4-5 business days (plus initial time to get verified)
hiima
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April 04, 2013, 12:14:40 AM
 #6

Bank > Dwolla > MtGox is $0.25, but takes 4-5 business days (plus initial time to get verified)

The time to get verified on Mtgox is in the weeks.

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Pruden
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April 04, 2013, 12:16:58 AM
 #7

Bitstamp: 0.1% (at least 15$) deposit fee and 0.5% trading fee (lowering with increasing volume). Though it works in dollars, I don't know about transfers from the USA. I do know they process them very fast once they receive the money. In SEPA zone, I have had deposits confirmed at midnight, 12 hours after ordering the transfer.
KK0156
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April 04, 2013, 12:46:11 AM
 #8

!!!!!1
Stephen Gornick
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April 04, 2013, 01:10:42 AM
 #9

I wish to find the cheapest method of selling and buying bitcoins, with the lowest fees, any ideas?


The factors that matter are:

 - Where are you (country)?
 - How much are you looking to by?
 - What payment methods can you use?
 - How soon do you need the bitcoins?
 - Is privacy / near-anonymity important?

Only once those are known can recommendations be made.

In the U.S., Coinbase works for many.  1% fee, though they are out of inventory frequently.  Other times there's no guarantee that your order won't get canceled.

A fairly comprehensive list of methods exist on the Bitcoin wiki:
 - http://en.bitcoin.it/wiki/Buying_bitcoins

Unichange.me

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Bitcoin Merchant
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June 11, 2013, 08:38:26 PM
 #10

mtgox is sadly one of the cheapest.
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