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What's the best and easiest exchange to get into? Lets just say to start buying bitcoins? also, what's the best API to use to start charging my customers with

What's the best and easiest exchange to get into? Lets just say to start buying bitcoins? also, what's the best API to use to start charging my customers with bitcoins? both serious questions.

maaku 13y ago
Easiest, coinbase. Best, maybe bitstamp.
deleted 13y ago
[deleted]
mtgx 13y ago
There's Bitpay, too.
a3voices 13y ago
> What's the best and easiest exchange to get into? Lets just say to start buying bitcoins? I recommend Coinbase. It's what I use personally. Bitstamp is also good I heard, and has the most volume for people in the U.S. Btc-e.com has a really good community, but it seems more difficult to transfer money into. > also, what's the best API to use to start charging my customers with bitcoins? Bitpay is the best, I believe, although I have no experience with it. It's also received VC from Peter Thiel.
jordanbaucke 13y ago
I'd recommend "Bitfinex" https://bitfinex.com/?refcode=kwr9f922HS https://bitfinex.com/?refcode=kwr9f922HS, as they offer both sides of the market (Long and short) as well as margin / leveraged trading and routing to BitStamp (probably the most liquid at this time). Full disclosure, I'm an active trader and market-maker there. I believe their fees are amongst the best in the industry for active traders and they are accessible via USD Wire-transfers in the SWIFT network.
- ars_technician 13y ago
  >?refcode=kwr9f922HS Quite tasteful good sir.
  - jordanbaucke 13y ago
    What can I say? Shameless self-promotion. Although the ref code does offer a 10% discount off trading fees for the first 30 days. So it's comes with that as a benefit. The company doesn't advertise either and uses word-of-mouth and promotion from customers.
philfreo 13y ago
Coinbase.com is by far the easiest in my opinion (and is a YC company). Unlike MtGox.com (originally the most popular) the site is fast, stable, well designed, and can connect directly with your US bank account. They've also got a set of merchant tools and APIs. Since we're throwing out referral links here apparently, this link will give you and I both $5 in BTC: https://coinbase.com/?r=4fedfb2d6cbd3b0003000845&utm_campaign=user-referral&src=referral-link https://coinbase.com/?r=4fedfb2d6cbd3b0003000845&utm_campaig...
- ics 13y ago
  > this link will give you and I both $5 in BTC If you buy or sell at least 1BTC on their platform. Since that sets the mark at, oh about $500 now, ... ;) Edit: ...or $600.
- pmorici 13y ago
  I'll second Coinbase as the hands down best choice for US merchants looking to sell (you get your first million in sales transaction fee free) and US citizens looking to buy coins (dead simple instant identity verification and linked directly to your bank account no shady third party money transmitters or wire transfers required). There is one caveat. Coinbase isn't a real exchange in the sense that you can't buy and sell in real time. If you are looking to day trade and make money off short term price fluctuations you should use something like bitstamp.net which will execute your trades in real time instead of having to wait 3-5 days for them to settle.
- epsylon 13y ago
  Unfortunately coinbase is US-only.
quantumpotato_ 13y ago
https://coinvoice.com https://coinvoice.com promises you can invoice in USD and receive BTC. Reverse of bitpay. Have registered, have not used.
VMG 13y ago
Localbitcoins.com (cash transfer) can be less complicated than many alternatives
- coryfklein 13y ago
  I'll second this. I bought some BitCoin on Coinbase and the coins didn't show up until 7 days later. While I was waiting for them to arrive, I used LocalBitcoins to drop off $100 at a bank one block away and the coins were in my wallet 10 minutes later. LocalBitcoins was definitely much easier to use for me.
corford 13y ago
A friend of mine setup a bitstamp.net account last week and it was fairly quick and easy. Took just under 3 days from clicking signup and sending over ID docs to being able to trade.
epaga 13y ago
One more thing to add in: If you're in Germany (and are not an American citizen), I highly recommend bitcoin.de for buying/selling bitcoins. Super smooth, very legit, plus they are working with a real bank. https://www.bitcoin.de/de/r/wttmmm https://www.bitcoin.de/de/r/wttmmm (disclosure: referral URL)

What's the best and easiest exchange to get into? Lets just say to start buying bitcoins? also, what's the best API to use to start charging my customers with bitcoins? both serious questions.

maaku 13y ago

Easiest, coinbase. Best, maybe bitstamp.

deleted 13y ago

[deleted]

mtgx 13y ago

There's Bitpay, too.

a3voices 13y ago

> What's the best and easiest exchange to get into? Lets just say to start buying bitcoins? I recommend Coinbase. It's what I use personally. Bitstamp is also good I heard, and has the most volume for people in the U.S. Btc-e.com has a really good community, but it seems more difficult to transfer money into. > also, what's the best API to use to start charging my customers with bitcoins? Bitpay is the best, I believe, although I have no experience with it. It's also received VC from Peter Thiel.

jordanbaucke 13y ago

I'd recommend "Bitfinex" https://bitfinex.com/?refcode=kwr9f922HS https://bitfinex.com/?refcode=kwr9f922HS, as they offer both sides of the market (Long and short) as well as margin / leveraged trading and routing to BitStamp (probably the most liquid at this time). Full disclosure, I'm an active trader and market-maker there. I believe their fees are amongst the best in the industry for active traders and they are accessible via USD Wire-transfers in the SWIFT network.

ars_technician 13y ago
>?refcode=kwr9f922HS Quite tasteful good sir.
- jordanbaucke 13y ago
  What can I say? Shameless self-promotion. Although the ref code does offer a 10% discount off trading fees for the first 30 days. So it's comes with that as a benefit. The company doesn't advertise either and uses word-of-mouth and promotion from customers.

philfreo 13y ago

Coinbase.com is by far the easiest in my opinion (and is a YC company). Unlike MtGox.com (originally the most popular) the site is fast, stable, well designed, and can connect directly with your US bank account. They've also got a set of merchant tools and APIs. Since we're throwing out referral links here apparently, this link will give you and I both $5 in BTC: https://coinbase.com/?r=4fedfb2d6cbd3b0003000845&utm_campaign=user-referral&src=referral-link https://coinbase.com/?r=4fedfb2d6cbd3b0003000845&utm_campaig...

ics 13y ago
> this link will give you and I both $5 in BTC If you buy or sell at least 1BTC on their platform. Since that sets the mark at, oh about $500 now, ... ;) Edit: ...or $600.
pmorici 13y ago
I'll second Coinbase as the hands down best choice for US merchants looking to sell (you get your first million in sales transaction fee free) and US citizens looking to buy coins (dead simple instant identity verification and linked directly to your bank account no shady third party money transmitters or wire transfers required). There is one caveat. Coinbase isn't a real exchange in the sense that you can't buy and sell in real time. If you are looking to day trade and make money off short term price fluctuations you should use something like bitstamp.net which will execute your trades in real time instead of having to wait 3-5 days for them to settle.
epsylon 13y ago
Unfortunately coinbase is US-only.

quantumpotato_ 13y ago

https://coinvoice.com https://coinvoice.com promises you can invoice in USD and receive BTC. Reverse of bitpay. Have registered, have not used.

VMG 13y ago

Localbitcoins.com (cash transfer) can be less complicated than many alternatives

coryfklein 13y ago
I'll second this. I bought some BitCoin on Coinbase and the coins didn't show up until 7 days later. While I was waiting for them to arrive, I used LocalBitcoins to drop off $100 at a bank one block away and the coins were in my wallet 10 minutes later. LocalBitcoins was definitely much easier to use for me.

corford 13y ago

A friend of mine setup a bitstamp.net account last week and it was fairly quick and easy. Took just under 3 days from clicking signup and sending over ID docs to being able to trade.

epaga 13y ago

One more thing to add in: If you're in Germany (and are not an American citizen), I highly recommend bitcoin.de for buying/selling bitcoins. Super smooth, very legit, plus they are working with a real bank. https://www.bitcoin.de/de/r/wttmmm https://www.bitcoin.de/de/r/wttmmm (disclosure: referral URL)