galbros
Legendary
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Activity: 1022
Merit: 1000
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May 18, 2014, 10:05:03 PM |
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I have used coinbase a couple of times and it has worked out. I don't like the delays and the risk of them reversing things, but they have come through for me.
Good Luck!
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r34tr783tr78
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May 18, 2014, 10:54:52 PM
Last edit: May 18, 2014, 11:10:19 PM by r34tr783tr78 |
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No one trading at one of the best? Bitfinex.
Probably, the lowest fees, if we forget about the free ones.
High volume.
Trustworthy, since recently there was a check on their bitcoins by a third party.
Fast trading.
Leverage.
You can also short bitcoin and litecoin.
No need to identify your self or send documents if you only deposit/withdraw cryptocoins.
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cookmac
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May 18, 2014, 11:05:58 PM |
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I personally dont like any besides localbitcoins, and waiting for the ATM`s arrive in my area.
Any and every exchange out there can be putting in orders without actual orders on prices.
Outside from the usual terrible support.
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byt411
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May 19, 2014, 12:07:41 AM |
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I personally dont like any besides localbitcoins, and waiting for the ATM`s arrive in my area.
Any and every exchange out there can be putting in orders without actual orders on prices.
Outside from the usual terrible support.
Bitcoin ATMs charge up to a 10% fee. And even if they do make up orders, ATMs still get the exchange rates from them, so you're even worse off. |
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newIndia
Legendary
Offline
Activity: 2226
Merit: 1052
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May 19, 2014, 09:41:07 PM |
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I personally dont like any besides localbitcoins, and waiting for the ATM`s arrive in my area.
Any and every exchange out there can be putting in orders without actual orders on prices.
Outside from the usual terrible support.
Bitcoin ATMs charge up to a 10% fee. And even if they do make up orders, ATMs still get the exchange rates from them, so you're even worse off. It'll take at least 5 years for the ATMs to take on the exchanges. Your bet is P2P exchange. |
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Nagato4
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May 19, 2014, 09:57:31 PM |
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That's exactly why you should use 0% fee exchanges like ANXPRO.
Though it doesn't explicitly charge a trading fee, the bid-ask spread on there is pretty big (which is about 1%). For your comparison, these are the bid ask prices at this very moment shown on ANX site. ANX: 3446.33111 and 3468.84999 BITSTAMP: 3462.89681 and 3465.14489 BTCE: 3403.12888 and 3403.13663 |
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byt411
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May 19, 2014, 10:13:01 PM |
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That's exactly why you should use 0% fee exchanges like ANXPRO.
Though it doesn't explicitly charge a trading fee, the bid-ask spread on there is pretty big (which is about 1%). For your comparison, these are the bid ask prices at this very moment shown on ANX site. ANX: 3446.33111 and 3468.84999 BITSTAMP: 3462.89681 and 3465.14489 BTCE: 3403.12888 and 3403.13663 That's because of low volume. If you bid/ask at market price, it should be ok, and someone will fill the trade. |
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Nagato4
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May 19, 2014, 10:19:10 PM |
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I personally dont like any besides localbitcoins, and waiting for the ATM`s arrive in my area.
Any and every exchange out there can be putting in orders without actual orders on prices.
Outside from the usual terrible support.
Bitcoin ATMs charge up to a 10% fee. And even if they do make up orders, ATMs still get the exchange rates from them, so you're even worse off. Regarding the fee, I am pretty sure bitcoin ATM can never beat exchanges. But it does offer better anonymity (no identity verification), fast tx time (whole tx should take a min or so), and sometimes it could offer create great earning opportunity ( http://www.wired.com/2014/01/bitcoin_atm/)  |
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Nagato4
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May 19, 2014, 10:28:25 PM |
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That's exactly why you should use 0% fee exchanges like ANXPRO.
Though it doesn't explicitly charge a trading fee, the bid-ask spread on there is pretty big (which is about 1%). For your comparison, these are the bid ask prices at this very moment shown on ANX site. ANX: 3446.33111 and 3468.84999 BITSTAMP: 3462.89681 and 3465.14489 BTCE: 3403.12888 and 3403.13663 That's because of low volume. If you bid/ask at market price, it should be ok, and someone will fill the trade. It could be the reason, but unless the gap gets smaller, I see no benefit of using it...  |
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BitCoinDream
Legendary
Offline
Activity: 2394
Merit: 1216
The revolution will be digital
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May 22, 2014, 10:08:58 AM |
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That's exactly why you should use 0% fee exchanges like ANXPRO.
Though it doesn't explicitly charge a trading fee, the bid-ask spread on there is pretty big (which is about 1%). For your comparison, these are the bid ask prices at this very moment shown on ANX site. ANX: 3446.33111 and 3468.84999 BITSTAMP: 3462.89681 and 3465.14489 BTCE: 3403.12888 and 3403.13663 That's because of low volume. If you bid/ask at market price, it should be ok, and someone will fill the trade. It could be the reason, but unless the gap gets smaller, I see no benefit of using it... ANXPRO is a P2P exchange like localBTC or a real time one like BTC-e/Bitstamp ? Never heard of them. Where are they located ? |
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Clegg
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May 22, 2014, 10:34:59 AM |
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Usually btc-e. I use cryptsy from time to time also.
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1986
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May 22, 2014, 10:40:32 AM |
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I haven't used any but I'm looking for reccomendations for one. I'll have a read though this thread later.
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PerrythePlatypus
Member
Offline
Activity: 109
Merit: 10
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May 22, 2014, 11:59:28 AM |
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I trust CoinBase the most, have always delivered my Bitcoins on time. If you want to be extra cautious, Bitcoin ATMs are a good alternative
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311
Full Member
Offline
Activity: 230
Merit: 100
Come original.
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May 22, 2014, 12:38:27 PM |
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The oldest and trust worthy one:
bitstamp, bitfinex, btc-e
Which one? That's three? lol |
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byt411
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May 22, 2014, 04:39:53 PM |
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I personally dont like any besides localbitcoins, and waiting for the ATM`s arrive in my area.
Any and every exchange out there can be putting in orders without actual orders on prices.
Outside from the usual terrible support.
Bitcoin ATMs charge up to a 10% fee. And even if they do make up orders, ATMs still get the exchange rates from them, so you're even worse off. Regarding the fee, I am pretty sure bitcoin ATM can never beat exchanges. But it does offer better anonymity (no identity verification), fast tx time (whole tx should take a min or so), and sometimes it could offer create great earning opportunity ( http://www.wired.com/2014/01/bitcoin_atm/) No identity verification? They require a photo, a fingerprint scan, a hand scan, a ID scan, and probably, in the near future, a stool sample, a CV, and a background check before you can buy. Also, ATMs have very high fees. That's exactly why you should use 0% fee exchanges like ANXPRO.
Though it doesn't explicitly charge a trading fee, the bid-ask spread on there is pretty big (which is about 1%). For your comparison, these are the bid ask prices at this very moment shown on ANX site. ANX: 3446.33111 and 3468.84999 BITSTAMP: 3462.89681 and 3465.14489 BTCE: 3403.12888 and 3403.13663 That's because of low volume. If you bid/ask at market price, it should be ok, and someone will fill the trade. It could be the reason, but unless the gap gets smaller, I see no benefit of using it... ANXPRO is a P2P exchange like localBTC or a real time one like BTC-e/Bitstamp ? Never heard of them. Where are they located ? is a registered money transmitter and company in Hong Kong, and it is a real time Cryptocurrency exchange, which supports direct Hong Kong and Australian Banking, and also SEPA Deposits and Withdrawals. |
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ejinte
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May 23, 2014, 08:56:39 AM |
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No one trading at one of the best? Bitfinex.
Probably, the lowest fees, if we forget about the free ones.
High volume.
Trustworthy, since recently there was a check on their bitcoins by a third party.
Fast trading.
Leverage.
You can also short bitcoin and litecoin.
No need to identify your self or send documents if you only deposit/withdraw cryptocoins.
Yes I use bitfinex for margin trading however I don't use them for getting fiat in and out since they only do bank transfer and require verification. |
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splashdash
Newbie
Offline
Activity: 51
Merit: 0
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May 23, 2014, 10:34:03 AM |
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I just use localbitcoins for ease.
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Pobre
Full Member
Offline
Activity: 182
Merit: 100
HEy Hey HEY??
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May 23, 2014, 01:26:14 PM |
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After the fall of Mt. Gox ...I think this is very important Q to all Bitcoin newbies like me.
You dont need to worry about things like Mt Gox happening in the future, Mt Gox was a highly mismanaged website and the exchanges i use are btc-e : for buying and bitstamp: for selling. |
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BitCoinDream
Legendary
Offline
Activity: 2394
Merit: 1216
The revolution will be digital
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May 25, 2014, 02:23:46 PM |
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After the fall of Mt. Gox ...I think this is very important Q to all Bitcoin newbies like me.
You dont need to worry about things like Mt Gox happening in the future, Mt Gox was a highly mismanaged website and the exchanges i use are btc-e : for buying and bitstamp: for selling. How do u know that an exchange like BTC-e, that runs by anonymous people, wont turn out to be another Mt. Gox ? Moreover, reports are coming that Bitstamp is asking too much of documents for BTC buyers and thereby holding FIAT for long term (earning on interest). |
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Trading
Legendary
Offline
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
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May 27, 2014, 06:40:22 PM |
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https://anxbtc.com just went up a lot in volume ( http://www.bitcoinity.org/markets/list?currency=ALL&span=24h). Their KYC policy states no need for verification if people don't do transactions in fiat. But this isn't clear if refers only to deposit/withdraw in fiat or someone depositing bitcoins and trading it for fiat, but only withdrawing in bitcoin or another alt coin, must also verify.
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