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Author Topic: Fast cheap way to buy crypto?  (Read 128 times)
coinbase-stole-my-money (OP)
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January 10, 2018, 09:48:27 PM
 #1

Credit card fees are too high on Coinbase and ACH transfer is painfully slow.

Credit card method might be ideal if you can get lower fees because purchases  are instant and also highly secure in the sense that if you get scammed by someone the banks and CC company makes it easy to get your money back when you file a complaint. ACH transfer is also similarly protected but  is horribly slow. Wire transfers are the least secure: if you wire someone money and they run off with it there's not much you can do about it.

I did an ACH transfer to Coinbase last Wednesday but have yet to see the funds appear in my Coinbase account.
My bank account shows the funds were debited to Coinbase on the 4th but is now the 10th and still nothing. I don't know what happened to my money.
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January 10, 2018, 11:36:33 PM
Last edit: January 11, 2018, 12:12:08 AM by cybersofts
 #2

Basically, I currently use Luno to buy bitcoins and ethereum. The site looks simple and very easy to use.
With Visa or master card you can buy bitcoin or ethereum in less than 5 minutes, tops!
Luno charges less than 2% fee of credit card transactions.
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January 10, 2018, 11:38:44 PM
 #3

Through exchangers, browser-based, similar exchangers, for example, telegrams are the same well established in the last year as a good conductor. Roll Eyes
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January 11, 2018, 12:15:29 AM
 #4

I personally buy my Bitcoins from localbitcoins, and to my goodness everything worked really fine for me with them. The site is legit and the users who sell Bitcoin at the site are very well-mannered and trustworthy sellers. I would also recommend you to try them, and I am very sure that you'll find the site and its users very exciting to work with.

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coinbase-stole-my-money (OP)
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January 11, 2018, 03:33:32 AM
 #5

Thanks for those suggestions look interesting. I will look into them.

I like the fact that Luno lists the names and photos of all their staff members on their website. Seems like they have nothing to hide and want to be as transparent as possible. After my bad experience with Coinbase I will be extremely careful about who I do business with in the future. The internet is always teeming with con artists who may seem reputable at first but in reality you find out the hard way they are anything but.
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January 11, 2018, 03:42:56 AM
 #6

Basically, I currently use Luno to buy bitcoins and ethereum. The site looks simple and very easy to use.
With Visa or master card you can buy bitcoin or ethereum in less than 5 minutes, tops!
Luno charges less than 2% fee of credit card transactions.

just 2% fee for buying btc by credit card, are you sure bro?
coinbase-stole-my-money (OP)
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January 11, 2018, 03:47:27 AM
 #7

Sadly looks like I may have spoken too soon about Luno. A Google search for "Luno complaints" turns up a lot of stories about people losing their money on Luno. Seems like you can't trust any of these damn exchanges they are all crooks!

Moral of the story?  Always do your due diligence before investing anything.

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