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Author Topic: what is the best exchange to buy bitcoin?  (Read 531 times)
spoonbender (OP)
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November 23, 2013, 08:50:36 PM
 #1

Mt. Gox has been rated as the biggest bitcoin exchange, but they have been having some serious issues lately. There are LOTS of places where one can buy bitcoin.
>What exchange(s) do you use?
>Has your experience been good?
>What kind of fees are you paying?
>Do you have to supply ID, or is it relatively anonymous?
>How quickly are your purchases verified?

PenAndPaper
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November 23, 2013, 08:58:36 PM
 #2

Where do you live?

Yes almost all of them (the major ones at least) require id and home address verification to withdraw
scarsbergholden
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November 23, 2013, 09:00:39 PM
 #3

btc-e

yes, good experience
0.2% trade fees, .001 btc withdraw fee, i dont withdraw fiat
no ID necessary for trading/btc withdraw, but to withdraw fiat, you probably need this

Phantomic
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November 23, 2013, 09:02:11 PM
 #4

I use btc-e. Never had a problem with them, and deposits and withdraws are very fast
scarsbergholden
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November 23, 2013, 09:03:07 PM
 #5

whatever you do, dont use gox or coinbase.

Whosull
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November 23, 2013, 10:35:37 PM
 #6

I was somewhat considering using Coinbase, can you be a little more specific as to any issues you have had with them?

They seem to be a simple option for setting up bitcoin merchant accounts..
marcovaldo
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November 23, 2013, 10:42:12 PM
 #7

I used bitstamp and it was always:
cheap
fast
safe

Smiley

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kozopes
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November 23, 2013, 10:52:05 PM
 #8

I would say it's btc-e because price is the lowest there and you don't have to show them your IDs. Also fees (0.2%) are quite small in comparison to other sites.
marcovaldo
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November 23, 2013, 10:54:46 PM
 #9

btc-e is really hard to fund with usd (last time I checked). I don't know if it changed.

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bitcoin44me
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November 23, 2013, 11:07:17 PM
 #10

European: bitstamp / bitcoin-central
US: coinbase / mtgox?
Russians: btc e
Chinese: ...

dave5698225
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November 23, 2013, 11:11:46 PM
 #11

Canada: VirtEx for buying BTC with funds transferred from your Canadian bank account (via a $5 electronic bill payment transaction)

Dave Ward
Kitchener, ON, Canada
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November 23, 2013, 11:13:43 PM
 #12

I preffer Bitstamp, you have to scan your ID + utility bill, but easy SEPA transfers for Europeans
bitcoin44me
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November 23, 2013, 11:15:44 PM
 #13

I preffer Bitstamp, you have to scan your ID + utility bill, but easy SEPA transfers for Europeans


I think that all exchanges now requires verification.

spoonbender (OP)
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November 24, 2013, 04:03:51 PM
 #14

Thanks for all the replies!
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