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Ranked in order of my preference. https://www.coinbase.com/global https://www.coinbase.com/global - Initial setup can be slow, as with identity verification, b
by TimSchumann 11y ago
Ranked in order of my preference.
https://www.coinbase.com/global https://www.coinbase.com/global - Initial setup can be slow, as with identity verification, but once you're set up buying is relatively painless. Withdrawing can sometimes be slow, expect to wait 2 to 5 business days after purchasing before you can withdraw. Shadiness Level - Just shady enough it might work. 4.5 stars would cupcake again. (They're a YC company too, so you'd be helping, airquotes, the cause - as it were.
https://www.bitstamp.net/ https://www.bitstamp.net/ - Better for trading, more like an actual exchange whereas Coinbase is much more of a broker/dealer. (Correct me if I'm wrong on that someone who would know better) Shadiness Level - Low. They're venture backed, Slovenian based, and good peoples in my experience.
https://btc-e.com/ https://btc-e.com/ - Great for variety of coins traded. Based on my experience I'd recommend. That being said... Shadiness Level - Moderate. Nobody really knows who runs the site, although there has been speculation. I think they're based out of Russia.
https://www.bitfinex.com/ https://www.bitfinex.com/ - This would be my go to for actual trading if I wanted to make/lose a lot of money. Based in Singapore IIRC. Shadiness Level - Low from what I've heard, just low on the list because I haven't had any personal experience with them. Something about Singapore and Financial makes me think of super villains though.
https://localbitcoins.com/ https://localbitcoins.com/ - Limited by who is selling in your area, have to meet in person, cash only, and markup is usually high. (5% to 7.5% above market) Shadiness Level - hit-or-miss, ranges from awesome people to scum of the earth types. Make sure you meet in a public place.
- aianus 11y ago> Better for trading, more like an actual exchange whereas Coinbase is much more of a broker/dealer. (Correct me if I'm wrong on that someone who would know better) Coinbase operates a real exchange™: https://exchange.coinbase.com/ https://exchange.coinbase.com/ Available to US customers in most states and a few other countries. 0% fee if you add liquidity.
- SyneRyder 11y agohttp://www.coinjar.com/ http://www.coinjar.com/ For Australians, take a look at Coinjar. They accept BPay for deposits & you can withdraw to an Australian bank account once verified. They also offer an EFTPOS card so you can use Bitcoin at most Australian stores. VC funding from Angelcube & Blackbird Ventures.
- corin_ 11y agoAt least in the UK and France, localbitcoins.com let's sellers/buyers use alternatives to meeting with cash, for example direct bank transfer, or some apps we have (like Barclays PingIt in the UK) - the coins go into the site's escrow and the seller releases them once money comes in - which is usually instantly, unlike in America I guess. Not sure how prices or UI compares to other options, but certainly no shadiness if using it that way.
- hackerboos 11y agoAmerica has ACH transfers, Canada as interac. Problem with all of these is that they can be reversed.