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Author Topic: Best exchange to buy into ?  (Read 3261 times)
plasma1010 (OP)
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February 03, 2015, 07:24:06 PM
 #1

So here's the deal, I was going to buy into BTC-E Exchange with USD to transfer to BTC using OKPay or MoneyPolo since the share price of BTC is low on the BTC-E Exchange and the fee % for OKPay and MoneyPolo is 1%, but I just found out as a US resident I can't even open an account with OKPay or MoneyPolo and the other options to buy into BTC-E with USD are limited and at 3.5% - 5%.

So I was wondering if anyone had suggestions if there's a better way / exchange to buy into if I'm going to do trading in the BTC-E Exchange ?

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February 04, 2015, 04:04:28 AM
 #2

Use coinbase's new exchange its USD friendly  Wink
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February 18, 2015, 06:01:26 PM
 #3

There is also Coin.mx, But I've never used them before, so I'm not willing to give a personal recommendation...  Tongue
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February 18, 2015, 07:04:33 PM
 #4

So here's the deal, I was going to buy into BTC-E Exchange with USD to transfer to BTC using OKPay or MoneyPolo since the share price of BTC is low on the BTC-E Exchange and the fee % for OKPay and MoneyPolo is 1%, but I just found out as a US resident I can't even open an account with OKPay or MoneyPolo and the other options to buy into BTC-E with USD are limited and at 3.5% - 5%.

So I was wondering if anyone had suggestions if there's a better way / exchange to buy into if I'm going to do trading in the BTC-E Exchange ?

Heard of www.100bit.co.in ? Joining fee: 0.01 BTC, Trading fee: 0.001 BTC.

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February 20, 2015, 03:10:28 AM
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So here's the deal, I was going to buy into BTC-E Exchange with USD to transfer to BTC using OKPay or MoneyPolo since the share price of BTC is low on the BTC-E Exchange and the fee % for OKPay and MoneyPolo is 1%, but I just found out as a US resident I can't even open an account with OKPay or MoneyPolo and the other options to buy into BTC-E with USD are limited and at 3.5% - 5%.
So I was wondering if anyone had suggestions if there's a better way / exchange to buy into if I'm going to do trading in the BTC-E Exchange ?
i think you still can trade at btc-e but you have to use voucher code if you want to withdraw your money from btc-e
and it not necessary to have okpay or moneypolo, but depends on who's  buyer voucher code
for example, if you want to withdraw your money from btc-e using voucher to paypal, your buyer must have paypal account to sent his money
plasma1010 (OP)
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February 20, 2015, 03:27:43 PM
 #6

Right now as a US customer Coinbase is my best option. No trade fees currently.

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February 20, 2015, 03:32:25 PM
 #7

You may want to check out https://www.trucoin.com/
I've heard nice words about them.

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plasma1010 (OP)
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February 22, 2015, 04:09:08 PM
 #8

You may want to check out https://www.trucoin.com/
I've heard nice words about them.

If my only options are signing up wth Facebook, LinkedIn and Google I'm not doing it due to privacy rights issues I have with them.

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February 22, 2015, 04:45:08 PM
 #9

You may want to check out https://www.trucoin.com/
I've heard nice words about them.

If my only options are signing up wth Facebook, LinkedIn and Google I'm not doing it due to privacy rights issues I have with them.

Right you are. You should never give anything more than your basic info. Linking to either of those will only result in them getting even more data about you.

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February 24, 2015, 02:44:38 PM
 #10

Im using bitstamp and never had problems.
Once they hacked and the team fixed everything right.
Bit x is also very good.
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February 26, 2015, 01:02:11 AM
 #11

Bitstamp is good

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March 03, 2015, 05:20:10 AM
 #12

Coinbase is my personal favorite. Usually straight forward and easy to buy Bitcoin. Verification as usual is a bit frustrating at times but this goes for all major exchanges. Security is quite good as well.
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March 03, 2015, 05:41:41 AM
Last edit: December 12, 2015, 04:57:30 AM by armour
 #13

There are lots of sites to exchange with.
I recommend the following:
-Localbitcoins
-paxful
-Coinbase
-Circle (iPhone app as well)
-Direct exchangers

Check locally, there are some places that have local exchangers who give bitcoins for cash.

plasma1010 (OP)
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March 04, 2015, 01:48:25 PM
 #14

Coinbase is my personal favorite. Usually straight forward and easy to buy Bitcoin. Verification as usual is a bit frustrating at times but this goes for all major exchanges. Security is quite good as well.


The lack of Market Share option in Coinbase is pretty annoying sometimes.

Would it be easy to arbitrate between exchanges in Bitstamp and Coinbase ? Kind of doesn't look like it would be worth it with Coinbase current fees, and expected trading fees at end of month.

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Kipsy89
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March 04, 2015, 02:05:40 PM
 #15

It always amazes me how people from the US seem to have the biggest problems with getting their hands on Bitcoins, or selling them, respectively. Usually the people located in the US have an advantage with everything on the Internet!

plasma1010 (OP)
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March 04, 2015, 09:38:09 PM
 #16

It always amazes me how people from the US seem to have the biggest problems with getting their hands on Bitcoins, or selling them, respectively. Usually the people located in the US have an advantage with everything on the Internet!

I just don't see how Bitstamp is beneficial to a US customer, as far as I can tell I can't buy directly into the exchange from my bank account, and there's no point in transferring to a lower BTC rate from an exchange like Coinbase which is priced higher

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March 06, 2015, 03:32:46 AM
 #17

Coinbase's new exchange is great for US users and makes funding from coinbase wallets extremely easy
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March 06, 2015, 01:04:05 PM
 #18

kraken if you are in euro, bitstamp otherwise, or the old good localbitcoin(which isn't exactly an exchange i know)
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March 10, 2015, 12:57:46 PM
 #19

Coinbase is my personal favorite. Usually straight forward and easy to buy Bitcoin. Verification as usual is a bit frustrating at times but this goes for all major exchanges. Security is quite good as well.
Tip for 1 satoshi n e v e r use those blatant lazy thief services.
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March 10, 2015, 02:17:40 PM
 #20

People still keep on saying that BTC-E is shady, and the owner is anonymous, etc... Yet they haven't had any serious outages, thefts or anything. But I agree that Coinbase (+exchange), Bitstamp, or also Bitfinex seem safer.

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March 10, 2015, 02:29:45 PM
 #21

plasma1010 Btc-e, Bitstamp and Bitfinex is all big exchanges and should be good choises, they have been around a long time and most likely will be around for a very long time in the future to. just check there fees and choose the one that has the best conditions for the option your going to use.

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March 10, 2015, 03:29:16 PM
 #22

i use virwox via paypal believe it or not. works well for me.

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March 10, 2015, 03:43:54 PM
 #23

People still keep on saying that BTC-E is shady, and the owner is anonymous, etc... Yet they haven't had any serious outages, thefts or anything. But I agree that Coinbase (+exchange), Bitstamp, or also Bitfinex seem safer.

Just because he didn't gox everyone yet doesn't mean he won't, he doesn't have much lose if he's some anonymous guy from Russia or Bulgaria etc...
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