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No intelligent person will sell you Bitcoins with a credit card because the transaction could be charged back and they wouldn't be able to recover the coins. I
by pmorici 13y ago
No intelligent person will sell you Bitcoins with a credit card because the transaction could be charged back and they wouldn't be able to recover the coins.
If you want to buy bitcoins and you are in the US go to Coinbase.com you can crate an account link it to your bank account and buy some coins very quickly. If you use an exchange like Mtgox or similar it could take weeks to get all the identity verification stuff approved. If you decide you want to day trade later get an account on CampBX, bitstamp.net or similar and use that but to start out Coinbase is the way to go.
- kingnight 13y agoWhy switch to CampBX or bitstamp.net? What not just continue to use coinbase?
- gaadd33 13y agoI would guess because coinbase doesn't allow you to keep a USD balance on their servers, its either pulling out of your bank account or pushing into your bank account. Both have pretty big delays if you are trying to day trade in the USD/BTC market.
- my_username_is_ 13y agoalso Coinbase has higher fees than if you use something like bitstamp