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Author Topic: Cheapest reliable way to turn Fiat currency into Bitcoin and vis versa  (Read 128 times)
BillyTheKiing
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June 22, 2018, 02:07:43 PM
 #1

Hi Dears,
I have been thinking about becoming a Bitcoin Broker in my university to generate income to support my tuition fees. It will also make bitcoin a very common thing around my campus and I wish the other students will soon exchange it among themselves for goods and services
But I know it's quite easy to buy bitcoins but there are still many barriers such as buying limits and I don't see a practical way to turn Bitcoin into cash so far.
If I am going to do this, I cannot only sell bitcoin, I will need to be ale to buy it back too.
What would you do in my situation?
Note: I am a foreign student in Taiwan so Coinbase is not an option.
Sincerely Yours,
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mjglqw
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June 22, 2018, 02:32:43 PM
 #2

Try out Abra[1]. I've tried it multiple times and it worked decently as an alternative to Coinbase, as my country is also not currently supported by Coinbase. Have a look, I took a look and indeed Taiwan is supported. Prices are decent too.

Best of luck.


[1] https://www.abra.com/

MintDiceSupport
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June 22, 2018, 03:58:51 PM
 #3

Try Maicoin, they are very popular in taiwan and seem to have the deposit/withdraw features you are looking for: https://www.maicoin.com/en/hilife

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Rosyanroid
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June 23, 2018, 07:17:56 AM
 #4

I think Albra would be more suitable for you and it has been quite popular. So, you can try this.
cryptohopes
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June 23, 2018, 09:25:00 AM
 #5

You can go for Coinbase. It is not the cheapest one but it is the safest. I will recommend this for you.
elemosho.crypto
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June 23, 2018, 06:04:57 PM
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Coinbase would be a good option if you had the chance to use. But I guess abra.com is also the alternative you can use to fulfill your requirement. Through them, you can perform your required operation.
JamescrypTrader
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June 23, 2018, 07:20:51 PM
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I think you can use maincoin or abra. You can turn your fiat into btc through these platform. I am not sure whether it will be cheap for you or not. But they are reliable.

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juliehunt07
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June 23, 2018, 10:48:51 PM
 #8

There are multiple sites that can help you in this regard. Abra, Maicoin are some of the well known sites. Coinbase can also help you in this regard.
gary_57
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June 23, 2018, 11:58:24 PM
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If you are looking for a cheap way then you can look into FXTM. But I will request you to do your own research and then decide.
Suharti12
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June 24, 2018, 12:06:11 AM
 #10

If you want to make a decision like that I think that is very good, and I believe it will be very helpful in earning for your tuition.

Dudeperfect
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June 24, 2018, 03:05:14 AM
 #11

I believe that Localbitcoins is the best option in your case to buy and sell Bitcoins according to your convenient payment option in buying as well as selling the funds. You will be able to use their automated escrow system which is essential in cash trades, on the other hand, you can print the flyers of your service and distribute it around your campus. I haven't tried cash trade yet but I am satisfied with the other payment options using Localbitcoins.

sainaselalisa
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June 24, 2018, 08:07:53 AM
 #12

I think abra.com would provide you the solution. Since you can not use coinbase, it would be the best alternative. Here you will get the almost similar support like coinbase.
PaulTrace
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June 24, 2018, 05:05:04 PM
 #13

Day by day btc is using in various way also many countries given permission to use this currency also sounds well that you wants to payment via btc also in your university students are also wanted to exchange based on this miacoin is one of them you can try this and suggest your friends.
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June 24, 2018, 05:17:02 PM
 #14

Have you tried localbitcoin.com, I have been using it for over 3years and I have not experienced any disappointment so far.
but I don't know if its available to your region.
carter34
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June 24, 2018, 05:47:05 PM
 #15

Before you check on abra, do see if you have your country men who are also into the business. Your localbitcoin will be better and it will further give you more advange in your university. They will see much evidence.

HODLER Open Source Multi-Asset Wallet infrastructure test with $2000 worth of bitcoin for the participants. Read more here: https://bitcointalk.org/index.php?topic=5032817.msg46184177#msg46184177
zxrcoin
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June 25, 2018, 12:16:15 PM
 #16

Based on crypto market there are lots of facilities are available in the market also you can do many things with crypto system based on this you can do this with abra and this will give you proper benefits also for better result you can search in web.
jeffer8035
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June 25, 2018, 12:31:32 PM
 #17

trade person to person or localbitcoin there is aya in taiwan or with the phone and a computer and a bank account where you can make transfers while you have internet you can buy and sell in part of the world you have to look for is the exchange that is closer to you and through exchange houses also while the client has a portfolio where to transfer this well

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DarrinEspacio
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June 26, 2018, 06:48:55 PM
 #18

There are a lot of reliable way for exchanging crypto currency with fiat money. Coinbase is the mostly used medium for exchanging crypto. Besides Abra [1], Maicoin etc are also used as alternatives.
DanyJr
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June 29, 2018, 07:00:04 PM
 #19

As per I think you should go for Albra. It will be perfect for you. Moreover it is popular nowadays. I will suggest you to go for this.
EternityFirst
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June 29, 2018, 07:46:05 PM
 #20

Recently found a project "Streamity" with their service streamdesk.io. Alpha-version, working great though. Too bad, only 2 payment systems allowed for now. If you`re good with paypal - try, you`ll like it. No fee till the end of the month.
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