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RE: Where Do you Buy YOUR Bitcoins???-.- Community Open Questions Program
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!