Where Do you Buy YOUR Bitcoins???-.- Community Open Questions Program
Getting To Know You ;-)
That's the whole idea, as we are growing and more and more people comes into the community it is getting harder to know you.
We are here to HEAR YOU.
so, Where Do You Buy You Bitcoins?
I have always used Coinbase but I am growing tired of their commissions... Xapo was my first wallet too...
Enough of me! Use that comment box NOW!
Coinbase when buying with FIAT, despite their annoying commissions, just because of convenience. When buying them with cryptos, usually I use Shapeshift due to Jaxx having it built-in.
I have heard excellent things about Kraken off some friends though, been considering moving to that for buying/selling, however given how much of a total chore it is to set up an account on an exchange with ID verification and all that malarkey I might just stick with Coinbase...
don't buy directly from Coinbase, they will rip you off. If you are doing a bank transfer, then log into their Coinbase's exchange GDAX (gdax.com) and buy you btc/ltc/eth there, but cheaper (the wallets are integrated with Coinbase, so its easy to move stuff around). If you are purchasing by credit card, I think all options have high fees
(same with bitcoin atms)
Jesus, I haven't touched GDAX in ages. A fun game to play on trading-exchanges though is setting speculatively low buy orders or speculatively high sell orders (assuming you have the coin to back them) during periods of high volatility to scoop up/dump coins :)
The BTC ATM's fees are a bit too high. I like them for quick conversions to cash, but beyond that, the ~10% fee is too much to really bother with.
Wow, I just didn't know that!!
Gdax.com
Hey, drop your affiliate link and maybe someone will give you a present! ;-)
I couldn't have asked for a better first comment!! Thanks for the input!
I believe security is always a good reason to use a web.
So for security reasons, I'd advise keeping the bulk of your funds offline in something like a Tresor or a paper wallet. Personally, I split my coins into "silos" on different "offline wallets", with just my trading funds in an exchange, and some "hot coins" for paying for things in a local wallet. Having been a victim of MtGox in the past, I don't trust exchanges with much ;)
I would love to have enough coins to keep them offline ;-) just learning so far...
I had a couple of bad experiences so far...
I lost 0,48 BTC with ethtrader (investment)
And 30 euros with wixminer (cloud mining)
:-(
Ouch, that sucks :/ I know the feeling though of things going wrong.
Well... Wixminer was an experiment more than anything else. I could smell the trap... Sometimes you have to risk it!
Absolutely @blocktrades
Tell me more about it! ;-)
It is the widely used platform with huge number of customers. But we sucks if we exchange with small SBD you will very less bitcoins because it's transaction fee are very high.
So, just out of curiosity... How much do you usually invest to get best value?
The better option is to buy from individuals who have smaller quantities.If someone has say 0.03 btc and he wants to sell them,he would prefer to sell to individuals like you instead of exchanges so you can bargain with him and get the lower price than prevailing market rates.
Have you actually ever done that? How do you meet? Where do you live? I can't imagine anyone giving away BTC for less than market value...
Thanks for input!
https://steemit.com/bitcoin/@awais990/is-bitcoin-at-chance-as-google-and-ibm-aim-for-fifty-qubit-quantum-computer-systems
???