btc_love (OP)
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August 26, 2019, 02:08:32 PM |
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Can you tell me what is the cheapest and safest way to buy crypto with fiat? I've heard that changelly now takes 7% fee and I want to know if this is a lot. Thank you!
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taufik0911
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August 26, 2019, 02:55:30 PM |
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Can you tell me what is the cheapest and safest way to buy crypto with fiat? I've heard that changelly now takes 7% fee and I want to know if this is a lot. Thank you!
You just need to find a variety of trusted local exchangers to get cryptocurrency using fiat or you can buy it at various trusted online shops like Amazon etc. to get cryptocurrency using fiat at a low price I think it's difficult because all exchangers will follow the trend and only take a few minutes
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TheUltraElite
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August 26, 2019, 02:57:52 PM |
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Can you tell me what is the cheapest and safest way to buy crypto with fiat? I've heard that changelly now takes 7% fee and I want to know if this is a lot. Thank you!
I know its a lot but it is what it is. Few methods you can use to buy crypto for fiat are: 1. Exchange that accepts your local currency. Get yourself verified and use a different bank account for this purpose. Remember that crypto is not legal in every country so make sure you follow your country laws, else it is your risk. 2. Check out localbitcoins for any P2P traders from your country. 3. Visit this forums "Currency Exchange" section and post a P2P trade. Beware that this section is filled with scammers who will ask you to send first. Never do that, always use an escrow. 4. There may be a local board of your country in this forum too. You can also try posting there. Take the similar precautions like I said above. If you have any more questions feel free to ask. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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FLHippy
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August 26, 2019, 03:22:59 PM |
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Probably you will not find cheaper way how to buy crypto with money than P2P trade. Because if you do not buy from person directly, you will have to pay an intermediary that will ensure that everything goes smoothly.
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dhemasm
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August 26, 2019, 03:27:52 PM |
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Actually simple, I will try to complete the answer post above. 1. You can use several large markets that support deposits with credit cards or wire transfers, some of which are Coinbase, Coinmama, Liquid and CEX. Those are some markets that so far have a good reputation for buying crypto with fiat 2. Surely you have a facebook account right? Well, now of course there is at least a local forum for cryptocurrency and you can buy it there.
Actually this is a basic question and can be found on google, but that's what the forum is for is not it? Always use a trusted escrow or platform to make transactions!
Well, good luck!
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btc_love (OP)
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August 26, 2019, 04:13:43 PM |
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Probably you will not find cheaper way how to buy crypto with money than P2P trade. Because if you do not buy from person directly, you will have to pay an intermediary that will ensure that everything goes smoothly.
so what are the fees?
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kramchers
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August 26, 2019, 04:21:22 PM |
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It might depend on the country where you at, there is different way to buy cryptocurrency with FIAT. As on my country you just need to deposit some amount through western union or company like them and thats it. You can have your fiat to change to ETH BTC or any other crypto!
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LeGaulois
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August 26, 2019, 07:10:10 PM |
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@btc_love I visited the site and Changelly is still charging a 5% fee, not 7% like you heard. https://payments.changelly.com/?main=ok&_ga=2.196184620.1849002945.1566846136-1092757996.1566846136You can only use a bank card to buy your coins? Because if you're looking for a place with cheap fees, it's one of the most expensive methods. I'm not surprised to see some places posted a rate of 7-10%. There are Cex and I think Binance, but you will still pay a high fee. A bank transfer is probably the cheapest way, generally speaking, there are many reputable platforms like Bitstamp, Kraken, etc Websites like Paxful and LocalBitcoin give you much more alternatives (gift cards, Paypal, etc) It really depends on what methods you can use.
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Docnaster
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August 26, 2019, 08:30:44 PM |
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Can you tell me what is the cheapest and safest way to buy crypto with fiat? I've heard that changelly now takes 7% fee and I want to know if this is a lot. Thank you!
The cheapest and the easiest way to buy crypto with fiat is through face to face deals. It can't get easier than that. You just find the right person to trade with and trade face to face. You can probably get some discounts since you'd be paying in cash.
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legendster
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August 26, 2019, 08:36:01 PM |
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Can you tell me what is the cheapest and safest way to buy crypto with fiat? I've heard that changelly now takes 7% fee and I want to know if this is a lot. Thank you!
The cheapest and the easiest way to buy crypto with fiat is through face to face deals. It can't get easier than that. You just find the right person to trade with and trade face to face. You can probably get some discounts since you'd be paying in cash. Well yes, f2f trades are the simplest. But let's not forget that it is also the riskiest way you could trade fiat for crypto. And finding the right person to trade with is the key here. If you go meet a shady person, they can loot you at gunpoint because they know that you would be carrying cash for the trade.
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legendster
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August 27, 2019, 05:57:12 PM |
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I would advise you to go to a website called localbitcoin.com. There you can sell your coins and buy them. All this is done very simply. But most likely, if your country blocked this kind of sites you will have to install a VPN for comfortable work. I have been using this site for about 2 years and have never been framed. Yes, there are very minimal fees.
Minimal fees? LBC fees are insane! You should head over to Localethereum instead (click on my sig) and you'll see how a proper p2p exchange should work. Localbitcoins' deposit fees are insane! And it is not non-custodial, meaning you don't get keys to your own wallets there. And on top of that they have heavy KYC impositions. All issues, that don't exist with Localethereum. So far I have traded upwards of $5k on LETH.
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Slow death
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September 19, 2019, 07:17:51 PM |
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You already solved this problem: February 14, 2019, 08:29:29 AMPlease be CAREFULLY using trading polish platform Bitbay.net (OWN me 3000Eur)still now my case is not solved. I would never ever deal with them again. I still not got any contact from there law enforcement.They give a shit about it. Never trade without a safe escrow. Fuck these people. The reputation and the feedbags say it alls.STAY AWAY. period. yes or not? if you didn't solve the problem then I advise people not to use your site and show proof in case you solved the problem
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BitBay*
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September 20, 2019, 08:49:07 AM |
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You already solved this problem: February 14, 2019, 08:29:29 AMPlease be CAREFULLY using trading polish platform Bitbay.net (OWN me 3000Eur)still now my case is not solved. I would never ever deal with them again. I still not got any contact from there law enforcement.They give a shit about it. Never trade without a safe escrow. Fuck these people. The reputation and the feedbags say it alls.STAY AWAY. period. yes or not? if you didn't solve the problem then I advise people not to use your site and show proof in case you solved the problem The case is still processing and at this stage we can confirm that in KYC process our AML department has got suspicious that user uploaded fake documents. As we mentioned before, that it is an isolated case and the nature of this matter makes it necessary to be discussed directly with the user. Please note also that each case is individual and sharing data publicly is prohibited for us by the law, therefore we cannot display the facts here.
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