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Where to buy bitcoin?
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Topic: Where to buy bitcoin? (Read 565 times)
Bluestreak66
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Where to buy bitcoin?
July 02, 2013, 05:38:33 AM
#1
How does one go about purchasing bitcoins? I hava a MTGox Acount that has been verified. I also setup a bitinstant acount. But I can't seem to find a way to transfer funds from my Bank of america account into MTGox (or into bitinstant then MTGox). I also have a paypal account but I've heard paypal does not play nice with Bitcoin. If Bitcoin is ever going to be adopted then there needs to be an easy way to transfer funds as the average person gets paid in $ not Bitcoin.
Cudahuda
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Re: Where to buy bitcoin?
July 02, 2013, 07:34:35 AM
#2
Use coinbase to link a checking account. It is the easiest way imo.
Bluestreak66
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Re: Where to buy bitcoin?
July 02, 2013, 07:43:37 AM
#3
Awsome thanks!
bitfromit
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Re: Where to buy bitcoin?
July 02, 2013, 08:49:44 AM
#4
Coinbase is ok, if small amount. If larger amount it is cheaper to wire an exchange like Bitstamp, buy, (then transfer and sell on mtgox if you want), the US does not have a monopoly on bitcoin.
right now
bitstamp = 84.61
mtgox = 89.68
about 5% difference. Often more.
Tuck Fheman
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Re: Where to buy bitcoin?
July 02, 2013, 08:52:41 AM
#5
Be aware that Coinbase will take 3-5 days to verify your bank account then another 3-5 days to get your Bitcoin (have used successfully many times).
Bitinstant is a quicker option (have not used, but hear good things).
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berrycorp
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Re: Where to buy bitcoin?
July 02, 2013, 08:54:31 AM
#6
Quote from: Cudahuda on July 02, 2013, 07:34:35 AM
Use coinbase to link a checking account. It is the easiest way imo.
+1
Bluestreak66
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Re: Where to buy bitcoin?
July 02, 2013, 11:32:04 PM
#7
Quote from: Tuck Fheman on July 02, 2013, 08:52:41 AM
Be aware that Coinbase will take 3-5 days to verify your bank account then another 3-5 days to get your Bitcoin (have used successfully many times).
Bitinstant is a quicker option (have not used, but hear good things).
Coinbase verified my info instantly. Fund transfer says it takes 5-6 days to complete. Which is about the same for all wire transfers. Bit instant would not let me transfer any money via checking account nor card.
JamesIV
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Live Stars - Adult Streaming Platform
Re: Where to buy bitcoin?
July 02, 2013, 11:40:35 PM
#8
I have had success with localbitcoins.com I used people with 200+ reviews.
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Bananery
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Re: Where to buy bitcoin?
July 03, 2013, 09:55:31 PM
#9
So far I bought bitcoins at localbitcoins.
KellyKirk
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Re: Where to buy bitcoin?
July 03, 2013, 09:59:06 PM
#10
Quote from: bitfromit on July 02, 2013, 08:49:44 AM
Coinbase is ok, if small amount. If larger amount it is cheaper to wire an exchange like Bitstamp, buy, (then transfer and sell on mtgox if you want), the US does not have a monopoly on bitcoin.
I agree that Coinbase is good. Thanks for the tip on Bitstamp! I didn't know about them.
bestmarketer004
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Re: Where to buy bitcoin?
July 03, 2013, 10:26:30 PM
#11
I always buy from BTC-e. This site is fine for me.
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