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June 30, 2013, 08:41:52 PM |
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I bought my first BTC via Bitinstant. I wanted to get the Coins quickly and without leaving home. I am in the USA. It ended up that I paid $500 and got $4.85 BTC in my Blockchain wallet after fees and everything. This was at a time when BTC was valued at about $96.00 at Mt. Gox.
It went through in a day and a half 3 days ago. But the $500 is still in my bank account.
Does it seem like I paid a fair transaction fee structure, and when should the funds leave my bank?
How do I know when enough confirmations have gone through so that I know the Coins are really mine and good?
Finally--was there a better way to do this?
If I want to buy some LTC now, where should I do that?
Thanks.
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