Does anyone use Paxful? theres sellers who want paypal as payment method and i'm wondering if its legit? the exchange rate is 99% on some offers that would save me a lot of money as i have no ID and being using coincoupon at £15 fees for each buy!
Find a bank that will…, Natwest stopped me then Santander then Starling then Starling must have realised we’re not in Nazi Germany so retracted that and now do let you, I’d say open a Starling account, then transfer from your bank to Starling when you want to buy, I’d also just buy as much Stable coin / BTC as you can in 1 hit then life easy, it’s there when you need it and there’s no way you’ll lose money long term anyways, kinda win win really.
Btw. Ive been using the plain blockchain wallet for two years without any issues. Least hassle wallet Ive seen! And since I wont upgrade my OS on my mac its one of the few I can actually use. Just sayin, cause Ive seen how it is hated upon on the net. Guess its the competition that spread this lie.
Exchanges still cant beat the price of btc I get on localbitcoinsdotcom. The only hassle is I need to order btc and go to my local national financial agency and pay a money transfer slip with cash. Thats not a prob tho, cause the teller is a very nice looking woman :P And btc is in my wallet in 3-6 hours after I pay.
exchanges come and go and so do their policies. its always best to have your own wallet. many free ones exist, just move your money there after you exchange a chunk. that money is truly yours and not captive to minimums or extra fees.
Does that mean that if I buy let’s say £500 in BTC, pay the £20 binance fee and put it in my wallet (I use BRD but could use other), now that £480 is completely mine and can send it to other people (sellers here lol) for free?
LB only using BTC is a total fuck up imo, ridiculous to use a POW where it has to go through every single miner to prove work, there are a million other options that would be awesome, I mean NEXO is free… XRP takes seconds, BTC transactions for an 1/8 is retarded full stop.
Hi, it is a minefield, it is easier now there is the multi vendor option to checkout! I use Bitpanda the minimum is 0.0015, but the hash rate tracks the market mwan I think, itisusually a couple of quid to make the transfer.
Yeah, I use Bitpanda too… Transaction fees change by the minute to reflect levels of activity on the blockchain. Bitpanda is generally cheap at weekends, particularly at night. It is then a couple of quid normally, but with that irritating 0.0015 minimum. It’s pretty fast and easy though👍
It’s kinda similar. BRD is a wallet so I think its main function is to store your crypto, but it allows you to buy and sell, transfer, etc . I’ve found that the fees BRD charges are way better than Binance, so definitely worth a shot!
1 - stay away from major exchanges like coinbase, they share the most data with the most other people 2 - an exchange outside your country is better than an exchange in your country. 3 - peer to peer exchanges are better than centralized exchanges but data saved by the exchange is within the reach of government authorities. 4 - bitcoin atms often only require a telephone number
Yeah this… Seriously stay away from Coinbase… literally the Govs bitch… Trackong fucking everything, Binance will comply eventually they’ll have to but I don’t think they’ll make it easy like Coinbase did. Coinbase seriously is the anti thesis of crypto.
trading fee 0.00% - 0.16% ; depends on trade volume
exchange rate vs blockchain.com/prices 9,357.70 vs 9,324.75 +0.35%
verification requirements standard: email address, phone number, location, SSN, ID card (drivers license, passport, or ID), birth date 2nd level: address verification (utility bill, bank statement, tax return/council tax, other address document) enhanced verification: proof of funds document (salary statement, bank statement for the last 3-6 months, tax return, screenshot of trading activity, screenshot of mining activity, or any other financial document), photo of yourself with ID and handwritten customer document "I'm a CEX.IO customer" with date, employment status, questionnaire, declaration
summary good for Americans and Europeans, bad for UK due to high fees, easy to use
platform www.kraken.com website
currency traded usd, cad, jpy, eur, gbp->btc
deposit fee usd: $5 gpb: £35 + 0.125% btc: free
trading fee 0.26%
exchange rate vs blockchain.com/prices 8,213.50 vs 8,221.90 -0.1%
verification requirements starter account: full name, email, address, phone number intermediate account: full name, email, address, phone number, gov ID, proof of residence, ID confirmation photo, occupation, SSN pro account: full name, email, address, phone number, gov ID, proof of residence, ID confirmation photo, occupation, SSN, financial statements, AML verification
My transactions with coinmama have not been completing recently with various cards. Have been recommended to use beyondcc. Please correct me if I'm wrong, but I don't think there are any fees with them.
deposit fee none, although the rates received with different payment methods differ a lot
live help Yes, and responsive support in general
verification requirements government ID and details for low level trades, for high value trades expect to be asked to show a selfie with your ID and possibly a handwritten note and credit card
time to verify Very quickly for me, 12 minutes. The founder claims that most verification happens almost instantly, otherwise they have staff working 24/7 for manual verification. They guarantee a response about the inital KYC request within 5 minutes at all times. Their marketing slogan is "It just takes 15 minutes for new users to complete a transaction with credit card".
Online consensus on Paybis: After trawling through forums and review sites, I can't see anyone saying that they screwed them ever. Their rates for certain payment methods are a little high, but the wide array of possible methods as well as the customer support and speed they process is well received. They have a good 4.7 score on TrustPilot, and they send the TrustPilot review link to every customer.
Overall: I was impressed with Paybis and I'm surprised they aren't mentioned more often in discussions of good exchanges. They are transparent, fast, professional, and trustworthy, even if their rates for some payment methods aren't number 1.