nullama (OP)
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December 09, 2021, 02:46:29 AM |
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What I mean by this is that with a Bitcoin ATM you simply pay fiat and receive Bitcoin into your own address directly.
Most exchanges create a wallet for you which is where you receive the Bitcoin after you pay with fiat. You then need to withdraw from it to your own address.
I'm wondering if there is any exchange in the world that offers direct fiat to Bitcoin in your own wallet transactions.
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jackg
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December 09, 2021, 03:03:25 AM |
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I seem to remember a website like lockabitcoins doing this (not sure if they still do) and it was just for certain payment methods.
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mk4
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December 09, 2021, 03:55:58 AM Last edit: December 09, 2021, 04:10:16 AM by mk4 |
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As far as I know Canada’s Bull Bitcoin does it this way, and with the coins coinjoined as well!
But obviously this isn’t the best user experience hence why like 99% of exchanges allows to have their users a custodial wallet; it’s simply easier for the users to have a custodial wallet despite holding coins on exchanges being frowned upon.
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Charles-Tim
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December 09, 2021, 06:39:20 AM |
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Most exchanges create a wallet for you which is where you receive the Bitcoin after you pay with fiat. You then need to withdraw from it to your own address.
I'm wondering if there is any exchange in the world that offers direct fiat to Bitcoin in your own wallet transactions.
That is the function of decentralized exchanges like https://bisq.network/, https://hodlhodl.com/ and https://localcryptos.com/. All bitcoin bought will be directly sent to your bitcoin address.
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passwordnow
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December 09, 2021, 09:47:17 AM |
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P2P is one of them. The exchanges mentioned above are what you need. I can't find any of them but as said, it's easier if you'll just buy a fiat>stable coin and have it convert to a swap.
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khaled0111
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December 09, 2021, 07:27:35 PM |
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If you are looking for a way to buy/sell bitcoins with credit cards and receive the coins on your own wallet (without having to create an account), the you can check: monpay.com buy.bitcoin.com
Note: I never used any of the services above so can't vouch for them especially the latter. (DYOR)
If you are looking for a trully decentralized platform to make p2p trades, then bisq is what you're looking for.
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Jazzi Mahesh
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December 09, 2021, 07:44:21 PM |
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Never heard about such thing, but you can always use the Bitcoin ATM Map available online in many websites.
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stompix
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December 09, 2021, 08:01:23 PM |
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I'm wondering if there is any exchange in the world that offers direct fiat to Bitcoin in your own wallet transactions.
They are called instant exchanges and there are a lot of them, but because of the fees and rate they come with I wouldn't want to recommend any of them, each one that I know to have been around for a long time comes with baggage so, your decision. Just look for sites like changenow and changelly. OP wants to go to a website, select the amount he wants to buy and pay with a card and get his coins the next moment, not to engage in trading with others, and no P2P decentralized exchange can deal with cards, he will need to go through a bank account, wire, or SEPA which is nothing like an ATM purchase.
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stompix
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December 09, 2021, 09:03:41 PM |
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I was going through the links and this hit me...auch!!!!!! The bitcoin wallet is a place to store your Bitcoins, and you need to set up one before starting your crypto operations. Each wallet has its address which is indicated as a destination address for all BTC transfers to your wallet.
The official wallet provider for Bitcoin is Blockchain.info, though you can choose any other wallet providers, for since the market is growing, various entities launch their own solutions, adapted to the customers’ needs, such as an easy-to-use mobile app, etc. Wtf, since when is blockchain.info anything "official" and wtf would official even mean when it comes to bitcoin aside from bitcoin core let's say. Another minus for them probably got a few $ from blockchain.info for this. I don't know their fees
They don't have fixed fees, they hide them behind the exchange rate. So if you want to buy: 150$ you get 1 BTC ~ 52083.33 USD , while right now the price is $ 47563.
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BitMaxz
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December 09, 2021, 11:43:29 PM |
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I would like to add this and I think a few of this list will allow you to buy BTC through FIAT. Look at this list https://perfectmoney.com/business-partners.htmlIf you can buy perfect money then you can directly buy any crypto sample xmlgold.eu it has a huge trust score according to that link. And they also have an account here on the forum https://bitcointalk.org/index.php?action=profile;u=813127Just choose any from that list just make sure it has high trust score.
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molsewid
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December 10, 2021, 01:57:13 AM Last edit: December 10, 2021, 02:14:22 AM by molsewid |
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I watch this video till the end and "WOW" does it really effective? I mean, I saw the on-time transaction and the step-by-step processes and it is incredible, thank you for sharing it here in our community. However, would you mind if I ask if is it a legit action to take, I mean if I do, does this is not considered as I am cheating on the Binance platform? I'm just curious hope you understand.
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stompix
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December 10, 2021, 06:00:05 AM Last edit: December 10, 2021, 05:01:15 PM by stompix |
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I watch this video till the end and "WOW" does it really effective?
Of course, it's effective..at stealing money! That's why everyone is spamming Reddit and bitcointalk just to tell everyone how to make money in minutes out of nothing rather than keeping the secret for themselves and earn more, it makes perfect sense!!! Just how gullible are you?
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LoyceV
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December 10, 2021, 06:33:38 AM |
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I'm wondering if there is any exchange in the world that offers direct fiat to Bitcoin in your own wallet transactions. Bitonic Bits offers this: Bits is also suitable for saving with smaller amounts! For example, save €5 per day and have multiple transactions paid out as one transaction. ~ Suitable for every SEPA bank account Dutch company Bitonic has been in Bitcoin much longer than me, and I've used their services several times. I've never used "Bits" though, as it's much newer. Since Bitonic buys and sells Bitcoin by themselves, their exchange rate is a tad worse than most exchanges. But the withdrawal fee is better, so as always: compare rates before using a service. It may be a good option for regularly buying small amounts of Bitcoin.
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NeuroticFish
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December 10, 2021, 07:53:22 AM |
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I was going through the links and this hit me...auch!!!!!! The official wallet provider for Bitcoin is Blockchain.info Woah. I was expecting them be a tad more professional... They don't have fixed fees, they hide them behind the exchange rate. So if you want to buy: 150$ you get 1 BTC ~ 52083.33 USD , while right now the price is $ 47563.
There was a topic not long ago comparing OTC services with actual exchanges and the result was clear: this kind of service is OK only for small amounts of money, since exchanges have quite expensive withdrawal fees. I guess that various services have various fees and requirements too. Clearly it's not cheap. OP mentioned ATM and those aren't cheap either. Having them hidden in the exchange rate, on one hand, can at least mean that they're all in one place and it's easier to calculate (the loss/premium caused by the fees).
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