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Author Topic: Most trustworthy exchange site?  (Read 1148 times)
Sancho (OP)
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January 11, 2014, 05:21:18 AM
 #1

 Every site seems to have 5-10 nightmare stories accompanying it.

Which do you think is the safest, best site to use as an American?

I think I like BTC-E and Cryptsy (for all the currency it deals in) but I'm afraid to trust them.

Thanks!
EAC Future
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January 11, 2014, 05:31:59 AM
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If you are just looking to purchase Bitcoin, I'd probably go with Coinbase.  They are based out of SF and are very transparent about their operations.
They do charge a fee for transactions, but if security is what you want, I'd probably go with them.

Otherwise mtgox and btc-e seem like relatively reputable sites.
Sancho (OP)
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January 11, 2014, 05:38:54 AM
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If you are just looking to purchase Bitcoin, I'd probably go with Coinbase.  They are based out of SF and are very transparent about their operations.
They do charge a fee for transactions, but if security is what you want, I'd probably go with them.

Otherwise mtgox and btc-e seem like relatively reputable sites.

I'm looking to exchange altcoin into BTC.
Starbound
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January 11, 2014, 05:41:23 AM
 #4

Otherwise mtgox and btc-e seem like relatively reputable sites.

You realize that once you get your fiat into mtgox it's incredibly difficult to get it out, right? Basically you can buy bitcoin on mtgox easily, but selling is a pain in the ass.
Sancho (OP)
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January 11, 2014, 06:30:49 AM
 #5

Otherwise mtgox and btc-e seem like relatively reputable sites.

You realize that once you get your fiat into mtgox it's incredibly difficult to get it out, right? Basically you can buy bitcoin on mtgox easily, but selling is a pain in the ass.

That's what I thought... and why I didn't mention it as one I was taking a look at.

Is there no site that isn't a pain in the ass?
Cryptofan
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January 11, 2014, 07:11:56 AM
 #6

BTC-E is trustworthy enough, its up and running since 2011, and has good volume (was like 100+ millions $ on LTC/USD pair at peak). There are users, which can instantly put 50-80k LTC walls,
guess how much money they have on accounts there Smiley I've personally hold like ~500 LTC for a month on account there, and its all ok.
jonanon
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January 11, 2014, 07:38:03 AM
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I've been using Cryptsy for ages now and have never had an issue that has not been quickly resolved  Smiley
Sancho (OP)
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January 11, 2014, 08:20:46 AM
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Great, thanks for the input.

What about withdrawing money from BTC-e? It seems like it's impossible to even deposit USD from America. Will I ever be able to withdraw it?
NitroKoS
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January 11, 2014, 09:02:17 AM
 #9

Cryptsy for sure!  Cheesy

BTC:     17MpnseYjWA3NHWVikxU5iqjsNVnfffHfZ
Sherman
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January 11, 2014, 09:18:31 AM
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Cryptsy is good. It's buggy, but their team is reliable.
guybrushthreepwood
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January 11, 2014, 10:39:42 AM
 #11

Every site seems to have 5-10 nightmare stories accompanying it.

Which do you think is the safest, best site to use as an American?

I think I like BTC-E and Cryptsy (for all the currency it deals in) but I'm afraid to trust them.

Thanks!

What country are you in? Bittylicious is incredibly swift but I think it's UK banks only.
deemdior
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January 11, 2014, 11:00:41 AM
 #12

Every site seems to have 5-10 nightmare stories accompanying it.

Which do you think is the safest, best site to use as an American?

I think I like BTC-E and Cryptsy (for all the currency it deals in) but I'm afraid to trust them.

Thanks!

I have been using btc-e and cryptsy for a long time now.
I have had no problems whatsoever.
Btc is a bit shady in that the team remains fairly annonymous. de site works great though. even when it is crowded.
With cryptsy you have a somewhat lagging site, but you know who owns it.
quantumf
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January 11, 2014, 12:53:03 PM
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What country are you in? Bittylicious is incredibly swift but I think it's UK banks only.

Bittylicious seem easy to buy bitcoins, but selling them again seems much harder. I can't see any instructions for selling them again, short of becoming a formal "seller"?
Sancho (OP)
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January 11, 2014, 12:58:51 PM
 #14

Every site seems to have 5-10 nightmare stories accompanying it.

Which do you think is the safest, best site to use as an American?

I think I like BTC-E and Cryptsy (for all the currency it deals in) but I'm afraid to trust them.

Thanks!

What country are you in? Bittylicious is incredibly swift but I think it's UK banks only.

I'm in the USA...


And thanks all for the feedback!
Dudecoin
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January 11, 2014, 02:12:36 PM
 #15

I've had endless problems with Cryptsy. They are well documented on this forum. Just type "Cryptsy" and "scam" in Google and you'll have plenty of reading.

Sites I've dealt on with satisfaction: btc-e, mtgox, coinedup, coins-e, coinex.
guybrushthreepwood
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January 11, 2014, 03:31:48 PM
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I've had endless problems with Cryptsy. They are well documented on this forum. Just type "Cryptsy" and "scam" in Google and you'll have plenty of reading.

Sites I've dealt on with satisfaction: btc-e, mtgox, coinedup, coins-e, coinex.

You were satisfied with MtGox? Havent heard that before.
hulk
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January 11, 2014, 03:38:52 PM
 #17

BTC-e is good, avoid mtgox cause of withdrawal issues..

BlueMonkey
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January 11, 2014, 03:53:42 PM
 #18

I'm use btc-e
crycurex.com
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January 11, 2014, 06:16:54 PM
 #19

Every site seems to have 5-10 nightmare stories accompanying it.

Which do you think is the safest, best site to use as an American?

I think I like BTC-E and Cryptsy (for all the currency it deals in) but I'm afraid to trust them.

Thanks!

Hello,

In next days, weeks new exchange will be launched. Crycurex.com

We try to avoid problems which have other exchanges like cryptsy, btc-e.

Wink

Please refer to "crycurex-support" nick, its official nick for crycurex.com exchange
leckey
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January 11, 2014, 06:33:23 PM
 #20

I've always used Bitstamp.net, never had a problem.

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