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November 02, 2021, 12:16:44 AM |
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Hey all. So years ago, I remember people mentioned that on localbitcoins, people traded btc for bank transfer/wire/boa etc. And there is paypal and other options but that is risky because of chargeback etc. Nowadays, there is now zelle, venmo, cashapp and applepay etc.
Now whether you have bank transfer or zelle/venmo/cash app and want btc or vice versa... assuming you are trading with someone else like on localbitcoins or similar site... what is the generally the rate? The same with neteller/skrill.
I remember back then bank transfer was close to btc rate... such as if you have 500 dollars of bank transfer, well it should be close to 500 dollars of btc. But I remember some saying it could be to 3 percent less. And I remember people said the fee will usually be someone who needs it more... thus if you need btc or boa/zelle/wire etc.
Does anyone know if there are any exchange sites where there is literally no fee? Like someone who has so and so would trade with you for the exact value?
Or does that not exist? If it does, obviously it isn't safe right?
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