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Author Topic: Newb looking at exchanges (USD)  (Read 830 times)
Joe200
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July 12, 2012, 07:20:07 PM
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Here are the top exchanges for USD by 30 day volume:

Mt. Gox (USD/dwolla/SEPA)   1,369,961
Btc-e (USD/CC, LR)   145,619
BitStamp (USD/SEPA converted)   71,929
Camp BX (USD/Dwolla/Check)   42,717
bitfloor (USD)   32,295
btcex.com (USD/Liberty Reserve)   23,342

Of these, I like CampBX and bitfloor the best. Bitfloor has lower fees. 0.4% / -0.1% at bitfloor compared with 0.55% at CampBX.

What are your experiences with bitfloor? Or do you like CampBX better despite higher fees? Or another exchange?


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July 12, 2012, 07:26:14 PM
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It seems like peeps are migrating a bit from Mtgox to Bitfloor, due to Mtgox's long delays to get funds into the US.
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July 14, 2012, 01:35:11 AM
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Here are the top exchanges for USD by 30 day volume:

Of these, I like CampBX and bitfloor the best. Bitfloor has lower fees. 0.4% / -0.1% at bitfloor compared with 0.55% at CampBX.

What are your experiences with bitfloor? Or do you like CampBX better despite higher fees? Or another exchange?


You say you are a newb, so I am wondering if you're really going to be buying enough BTC to make the 0.15% difference in fees worth worrying about? That's 15 cents for every 100 dollars.

I have only traded through Mt. Gox, but when choosing another exchange, I would go with whoever had the most liquidity/best prices. A small difference in bitcoin price will swallow up that 0.15% fee difference in a hurry.

All that said, with the shit I see people going through right now with their money at Bitcoinica, and Gox's withdrawal delays, which suggests to me financial trouble over there, I will probably be doing future trading strictly with trusted parties at #bitcoin-otc.
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