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Author Topic: What's the easiest way to buy bitcoins with USD (with an American bank account?  (Read 1685 times)
estebanrules (OP)
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October 14, 2013, 04:55:58 PM
 #1

Hello.  I'm new to bitcointalk.org (obviously).  Glad to be here.

I ask this because most websites require an IBAN which most U.S. bank accounts don't have, and a wire transfer usually costs $50 through U.S. banks.

Fellow Americans, which service do you use?

escrow.ms
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October 14, 2013, 05:01:53 PM
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Find some trusted seller here, or  check localbitcoins.com
geofflosophy
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October 14, 2013, 05:05:00 PM
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Coinbase is the easiest by far. Once you're tier two, transactions are processed instantly.
Barnacle_Ed
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October 14, 2013, 05:12:25 PM
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Localbitcoins and CampBX immediately come to mind. You can expect a bit of a markup from localbitcoins, but it's very convenient. CampBX is one of the few exchanges I know of that still uses Dwolla as a funding method, and setting up Dwolla is pretty simple.
geofflosophy
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October 14, 2013, 05:22:11 PM
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Localbitcoins and CampBX immediately come to mind. You can expect a bit of a markup from localbitcoins, but it's very convenient. CampBX is one of the few exchanges I know of that still uses Dwolla as a funding method, and setting up Dwolla is pretty simple.

Dwolla sent an email out a couple days ago saying that they are no longer going to be servicing virtual currency exchanges, including CampBX.
markjamrobin
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October 14, 2013, 05:27:00 PM
 #6

Hello.  I'm new to bitcointalk.org (obviously).  Glad to be here.

I ask this because most websites require an IBAN which most U.S. bank accounts don't have, and a wire transfer usually costs $50 through U.S. banks.

Fellow Americans, which service do you use?



Coinbase is great, U.S. based, SEC approved, and funded by venture capital. It does however take about 5 week days to get coins, until you complete you're first purchase. Localbitcoins will be higher priced, and should be approached like craigslist. Don't show up alone, and meet in a public place.

Habeler876
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October 14, 2013, 06:27:44 PM
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coinbase is what hear the most, but i very much dislike their system. i want to immediately see my USD in my acct when I send it, and immediately buy btc, should that be my aim. for that, i try to trade p2p for btc-e codes or Bitstamp USD-IOUs (ripple), so i can set bids myself, or just trade p2p on local bitcoins or similar. you can wire to bitstamp too.

Barnacle_Ed
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October 15, 2013, 04:22:30 AM
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Localbitcoins and CampBX immediately come to mind. You can expect a bit of a markup from localbitcoins, but it's very convenient. CampBX is one of the few exchanges I know of that still uses Dwolla as a funding method, and setting up Dwolla is pretty simple.

Dwolla sent an email out a couple days ago saying that they are no longer going to be servicing virtual currency exchanges, including CampBX.

Well bollocks. Time to drain the Dwolla funds then...thanks for the warning. Not sure how I didn't see that email.
mogrith
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Use Coinbase Account almosanywhere with Shift card


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October 15, 2013, 04:27:24 AM
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coinbase is what hear the most, but i very much dislike their system. i want to immediately see my USD in my acct when I send it, and immediately buy btc, should that be my aim. for that, i try to trade p2p for btc-e codes or Bitstamp USD-IOUs (ripple), so i can set bids myself, or just trade p2p on local bitcoins or similar. you can wire to bitstamp too.

You can verify your account then you will get fast transfers.

Merge mine BLC+PHO+ELT+XDQ+BBTC+UMO+LIT pool is open http://la1.blakecoin.com tips: 1MogRiTHpQZ7bkpq49cSVWADrTt7Jrghp
nahtnam
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October 15, 2013, 04:48:53 AM
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Welcome to the forums! Coinbase by far is the best there is!!!

b!z
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October 15, 2013, 06:30:24 AM
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 Would recommend coin base. Very easy to setup if you have a USA bank account.
hulk
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October 15, 2013, 02:02:00 PM
 #12

Buy from BTC-E.com maybe? So far I like this website the most.

seafarer124
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October 15, 2013, 03:04:20 PM
 #13

Check the link below:

http://forexmagnates.com/satoshi-square-where-online-meets-offline/
estebanrules (OP)
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October 15, 2013, 05:55:00 PM
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Thanks for the welcomes and the recommendations folks, much appreciated.
geofflosophy
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October 15, 2013, 09:40:53 PM
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Thanks for the welcomes and the recommendations folks, much appreciated.

I'm just going to throw up my referral link for Coinbase for you in case you do sign up since I was the first one to mention it. It's a mutually beneficial referral link and they give us $5 of bitcoin on your first transaction of 1 BTC or more.
https://coinbase.com/?r=51dc61a4c6d4c7bcbc000019&src=user-referral&utm_campaign=user-referral
furgano
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October 15, 2013, 11:02:01 PM
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The easiest way to buy bitcoins is to buy from a local seller at localbitcoins.com
You meet the seller,while the bitcoins are in escrow and if you give him the money he immediately releases the bitcoins
fiddelingones
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October 15, 2013, 11:06:10 PM
 #17

Buy from BTC-E.com maybe? So far I like this website the most.

Funny, what deposit method do you suggest there for US resident though ?


Realistically, coinbase is best option I believe

hulk
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October 16, 2013, 01:52:06 PM
 #18

Buy from BTC-E.com maybe? So far I like this website the most.

Funny, what deposit method do you suggest there for US resident though ?


Realistically, coinbase is best option I believe

ya, coinbase too. But is there any problem with btc-e.com?

nahtnam
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October 16, 2013, 02:27:18 PM
 #19

When using coinbase to buy btc, you might be rejected once or twice... Just try to buy again, and once you do successfully wait 30 days. After 30 days, you can buy and sell btc instantly instead of waiting 5 days...

clock27
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October 16, 2013, 02:27:54 PM
 #20

i use coinbase or virwox whichever ends up being cheaper Smiley

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