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Author Topic: Most Cost Effective way to buy Bitcoins?  (Read 1131 times)
BoogieMan82 (OP)
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April 03, 2014, 03:32:52 PM
 #1

I was looking to buy Bitcoins with my Paypal account but have seen that it is highly unlikely due to fraud.

I was wondering what the quickest and most cost effective methods are other than Paypal (I already maxed out my Coinbase for the week).

Thanks!
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BigBoy89
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April 03, 2014, 03:46:49 PM
 #2

try https://localbitcoins.com/ and pay with wire transfer
or search in https://bitcointalk.org/index.php?board=53.0
there are a lot of sellers accept many payment options

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BoogieMan82 (OP)
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April 03, 2014, 03:59:08 PM
 #3

try https://localbitcoins.com/ and pay with wire transfer
or search in https://bitcointalk.org/index.php?board=53.0
there are a lot of sellers accept many payment options

Thanks I'll start there.

Local Bitcoins prices seem.... very inflated considering my wire transfer fees!
5thStreetResearch
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April 03, 2014, 04:15:10 PM
 #4

try https://localbitcoins.com/ and pay with wire transfer
or search in https://bitcointalk.org/index.php?board=53.0
there are a lot of sellers accept many payment options

Thanks I'll start there.

Local Bitcoins prices seem.... very inflated considering my wire transfer fees!

You should expect to pay a good sized premium using localbitcoins.  Unfortunately there are not many other options using paypal or based in the US.  You could use Coinbase but you need a bank account, paypal wont do it there.

BoogieMan82 (OP)
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April 04, 2014, 01:39:32 AM
 #5

Well, I think I found a great way to do it!

I am now on #Bitcoin-OTC and have made my first purchase there.

It was very smooth, but I got lucky to have a trusted member walk me through everything.  If you go there make sure to read the "newbie" guide!

My name over there is boogiewu if anyone has any questions!

LuckyBtc
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April 04, 2014, 07:34:38 AM
 #6

You can try out virwox but their fees are too high gl.
sana8410
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April 24, 2014, 10:07:53 AM
 #7

you can purchase shares in both the bitcoin Trading and Mining pools, and fund their account with bitcoin, BTC-e, Perfect Money, EgoPay, PexPay, OKPay.

RENT MY SIG FOR A DAY
Lisinopril
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April 24, 2014, 10:58:14 AM
 #8

Is Bitstamp a viable option?

I've been using coinbase, but I'm looking to buy large amounts (to me) of BTC for purchasing gear - and the fees I feel like are started to eat me up.  That coupled with the fact I have to wait so many business days, is hurting my ability to get things done quicker.

Bitstamp seems like a cheaper option if you're trying to buy large amounts, just sucks for US citizens that we can't do what looks like a free SEPA transfer, and have to do a wire transfer (again added fees and waiting).

Are there any options for US Citizens to do SEPA transfers?  Also I was thinking about making my own thread - more for resellers for BTC gear who need to convert their revenue back into BTC, but blah
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