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Author Topic: What Currency Exchange...  (Read 435 times)
The 4ner (OP)
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January 15, 2014, 06:05:15 PM
Last edit: January 15, 2014, 06:28:37 PM by The 4ner
 #1

...seems to be the most reliable so far? What exchange(s) are you using to trade bitcoin to fiat? Do they require that you make your identity known?
Please give details. I'll be exchanging a few bitcoin to fiat soon and want to know what exchange is best to use. LocalBitcoins only works if people in your area are aware and
have an interest in bitcoin so I'm SOL using LocalBitcoins.
koshgel
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January 15, 2014, 06:25:27 PM
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I have been using coinbase for selling small amounts .1-1 btc with no problems. They want to know EVERYTHING about your identity though so be prepared for that. Also charge about 1% fee for sells/buys.
The 4ner (OP)
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January 15, 2014, 06:36:14 PM
 #3

Have you ever used CoinMKT? It seems legit but I haven't heard of many people using it. Coinbase certainly seems to be a common exchange used by bitcoiners.
koshgel
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January 15, 2014, 06:42:32 PM
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Have you ever used CoinMKT? It seems legit but I haven't heard of many people using it. Coinbase certainly seems to be a common exchange used by bitcoiners.

I haven't, but that's a snazzy site. I'll check it out.
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January 15, 2014, 06:59:30 PM
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I use coinmkt aggressively. To date I've transacted just over $20K USD on the site.

Also, I found out just moments ago they've added new cryptocurrencies; http://blog.coinmkt.com/new-additions/

Quark, worldcoin, and one other one. (dogecoin I think)

CoinMKT has all the red tape locked up.

They have several layers of verification.

Email verify
SS# verify
Picture ID Verify
Address Verify
 

Are there any other exchanges with the same that also have the AML cert?
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