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Author Topic: Favourite Exchange?  (Read 2961 times)
picolo
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March 02, 2015, 07:57:57 AM
 #41

My personal favourite is localbitcoins and circle. I like localbitcoins because you can post your own offers and they offer escrow.

btc-e
Armando
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March 06, 2015, 07:41:23 PM
 #42

That depends on what to consider "exchange" Smiley

When I need to buy/sell bitcoins, my choice is http://www.247exchange.com they are very reliable and fast, and the best thing is that they accept credit cards with rather small fees!

When I need to trade, I use some trading platform - currently I am searching for a favorite one... hope will find it soon)
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March 06, 2015, 09:33:39 PM
 #43

I prefer using localbitcoins on the go, as I can sell fast and have money in my bank instantly. bitstamp is good too, and I only use it, if I need to trade large amounts.

r00t_my_lu_server
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March 06, 2015, 10:49:09 PM
 #44

Localbitcoins is a huge RIPOFF if you ask me. The asking price of bitcoins is anywhere from 5% to 30% over market value.

I don't care how anonymous it is to buy bitcoins on localbitcoins I will not pay up to 30% above market rate for coins. It's fucking extortion!
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March 07, 2015, 02:23:00 AM
 #45

Localbitcoins is a huge RIPOFF if you ask me. The asking price of bitcoins is anywhere from 5% to 30% over market value.

I don't care how anonymous it is to buy bitcoins on localbitcoins I will not pay up to 30% above market rate for coins. It's fucking extortion!

some people can't buy bitcoins elsewhere. for them localbitcoins is the only option.
then again, i can imagine paying around 2 or 3 percent above market rate if that's your only option to buy btc.
anything over 10 percent is insane.

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March 07, 2015, 03:44:29 AM
 #46

Circle and Kraken and here in this forum.

Stay away from Coinbase:

(and these are just the current threads here, lots more if you google "coinbase cancelled purchase" or look on reddit):

https://bitcointalk.org/index.php?topic=979433.0

https://bitcointalk.org/index.php?topic=977550.0

Armando
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March 07, 2015, 04:05:35 AM
 #47

Localbitcoins is a huge RIPOFF if you ask me. The asking price of bitcoins is anywhere from 5% to 30% over market value.

I don't care how anonymous it is to buy bitcoins on localbitcoins I will not pay up to 30% above market rate for coins. It's fucking extortion!

I agree. Besides that, huge % of users are illegal exchangers, working with questional (if not say more) money. I can't understand people risking to be involved in money laundering etc, and the biggest question - for what?

http://www.coindesk.com/localbitcoins-users-criminal-charges-florida/
http://www.coindesk.com/florida-localbitcoins-user-loses-bid-dismiss-money-transmitter-charge/  etc
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March 08, 2015, 06:37:42 AM
 #48

my favorite bitcoin exchange :

1. vip.bitcoin.co.id
   >> this is the biggest bitcoin exchange in my country (Indonesia) available market BTC/IDR, BTC/DOGE, BTC/LTC, BTC/XPY, BTC/NBT

2. bittrex & poloniex
   >> I use this to trade BTC for another altcoins

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calci
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March 08, 2015, 06:39:19 AM
 #49

my favorite bitcoin exchange :

1. vip.bitcoin.co.id
   >> this is the biggest bitcoin exchange in my country (Indonesia) available market BTC/IDR, BTC/DOGE, BTC/LTC, BTC/XPY, BTC/NBT



I wonder if trading altcoins in country specific exchanges is any good, as they will never have the  traffic or volume that the international or main exchange sites have.
finlon
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March 08, 2015, 07:10:08 AM
 #50

Localbitcoins is a huge RIPOFF if you ask me. The asking price of bitcoins is anywhere from 5% to 30% over market value.

I don't care how anonymous it is to buy bitcoins on localbitcoins I will not pay up to 30% above market rate for coins. It's fucking extortion!
No its not 30%. It all depends on what part of the world you are, and what method you are using. For me, I just pay around 4-5% of the bitstamp price, and it is much convenient for me, as they are protecting me with an escrow, and I can trade with reputed sellers.

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March 08, 2015, 09:18:48 AM
 #51


No its not 30%. It all depends on what part of the world you are, and what method you are using. For me, I just pay around 4-5% of the bitstamp price, and it is much convenient for me, as they are protecting me with an escrow, and I can trade with reputed sellers.

Yes it is 30% except for cash at bank or wire transfers. Western Union, Moneygram, Payza, Paysafecard, PayPal, Gift Cards can be from 10% to 30%.

OKPAY, WebMoney and Perfect Money are 5% to 15% over market value. Prices are bloody terrible for all forms of payment. It's a huge RIP-OFF!

And the big sellers on localbitcoins are obviously laundering the coins they received from selling drugs, committing fraud and other criminal activities.

picolo
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March 08, 2015, 11:01:50 AM
 #52


No its not 30%. It all depends on what part of the world you are, and what method you are using. For me, I just pay around 4-5% of the bitstamp price, and it is much convenient for me, as they are protecting me with an escrow, and I can trade with reputed sellers.

Yes it is 30% except for cash at bank or wire transfers. Western Union, Moneygram, Payza, Paysafecard, PayPal, Gift Cards can be from 10% to 30%.

OKPAY, WebMoney and Perfect Money are 5% to 15% over market value. Prices are bloody terrible for all forms of payment. It's a huge RIP-OFF!

And the big sellers on localbitcoins are obviously laundering the coins they received from selling drugs, committing fraud and other criminal activities.



Your last sentence is a bit exagerated because  they could sell coins just for profit.
sandy47bt
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March 08, 2015, 11:46:19 AM
 #53

I have 3 favorite exchange site :
1. vip.bitcoin.co.id
I like it because it isbiggest exchange site in my country (BTC/IDR)
2. BTC-e
I like it because i don't need any verification for trading, but the fee is too high Sad
3. Poloniex
I like it because it have low fee & good for trading in small volume
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March 08, 2015, 12:06:07 PM
 #54

I personally love LocalBitcoins,

but I like Poloniex for alt-coin trading Smiley


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March 08, 2015, 12:33:01 PM
 #55

I use a combination of Bitstamp and BTC-E.

I trade on both exchanges, but when there is a point that I need to make a BTC to fiat cashout, I will transfer the coins to Bitstamp, if they aren't already there, and then request a cashout.

Not that I don't trust BTC-E enough to request a cashout, but Bitstamp always managed to process EUR cashouts in a quick fashion.

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March 08, 2015, 12:46:05 PM
 #56

I like exchanges with leverage.

SO bitfinex and okcoin
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March 08, 2015, 01:07:10 PM
 #57

my favorite exchange is Bittrex for trading, and x.bitcoin.co.id for cashing out into my pocket...Grin

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