Gemini Bitcoin Exchange

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  • kj8210
    SBR Wise Guy
    • 02-09-12
    • 919

    #1
    Gemini Bitcoin Exchange
    Just used Gemini for the first time and had a wonderful experience. Interface is simple but very very fluid. Coins were converted to USD in a matter of seconds. I usually sell in person but the market is experiencing alot of volatility right now and I didn't have the balls to hold. Either way, if you guys are looking for a solid exchange check it out. Cash should be in my bank account within 2-3 business days - will keep you guys updated!


    Random question - why don't people use exchanges more often on here? is there any particular reason? All I really see talk about is bitpay cards and lbc
  • Kaabee
    SBR MVP
    • 01-21-06
    • 2482

    #2
    Never use Coinbase anymore. I use their exchange GDAX. I'd venture that lots of people on here don't realize that they have a GDAX account just by having Coinbase. Can't beat zero fee as a market maker.
    Comment
    • eyeball
      SBR Wise Guy
      • 08-14-07
      • 988

      #3
      Originally posted by Kaabee
      Never use Coinbase anymore. I use their exchange GDAX. I'd venture that lots of people on here don't realize that they have a GDAX account just by having Coinbase. Can't beat zero fee as a market maker.

      Why is GDAX better
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61722

        #4
        Originally posted by eyeball


        Why is GDAX better
        It's a public exchange where you just buy and sell directly with other users.

        Coinbase is an exchanger that does that on your behalf and charges a premium to do it.

        People like to pay for simplicity but actually going to an exchange like GDAX yourself is really not much more complicated.
        .
        Comment
        • michael777
          SBR MVP
          • 09-20-05
          • 1936

          #5
          I need help with Gemini,I am lost.I deposited $500 from my bank to Gemini last Friday,this afternoon I got an email from Gemini that it cleared,it shows $500 is now available ,however when i try to transfer to blockchain,it says insufficient funds no matter how much i enter,any help for a dummy??
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 61722

            #6
            Originally posted by michael777
            I need help with Gemini,I am lost.I deposited $500 from my bank to Gemini last Friday,this afternoon I got an email from Gemini that it cleared,it shows $500 is now available ,however when i try to transfer to blockchain,it says insufficient funds no matter how much i enter,any help for a dummy??
            You need to buy some bitcoin with your $$ before you can send it anywhere.
            .
            Comment
            • Buffalo Nickle
              SBR MVP
              • 11-12-14
              • 3228

              #7
              Originally posted by michael777
              I need help with Gemini,I am lost.I deposited $500 from my bank to Gemini last Friday,this afternoon I got an email from Gemini that it cleared,it shows $500 is now available ,however when i try to transfer to blockchain,it says insufficient funds no matter how much i enter,any help for a dummy??
              Come on 7s, get with the program. Gemini gives you an immediate credit to buy bitcoin but you have to wait to transfer it out until the funds clear in 3 business days.
              Comment
              • michael777
                SBR MVP
                • 09-20-05
                • 1936

                #8
                Originally posted by Optional
                You need to buy some bitcoin with your $$ before you can send it anywhere.
                thanks a million,it worked,i am an idiot!
                Comment
                • michael777
                  SBR MVP
                  • 09-20-05
                  • 1936

                  #9
                  Originally posted by Buffalo Nickle
                  Come on 7s, get with the program. Gemini gives you an immediate credit to buy bitcoin but you have to wait to transfer it out until the funds clear in 3 business days.
                  I am not the sharpest knife in the drawer!
                  Comment
                  • Buffalo Nickle
                    SBR MVP
                    • 11-12-14
                    • 3228

                    #10
                    Originally posted by michael777
                    I am not the sharpest knife in the drawer!
                    Every time I have dialed 777, I have never gotten a connection.
                    Comment
                    • michael777
                      SBR MVP
                      • 09-20-05
                      • 1936

                      #11
                      dial 1-800-loser,my cell will ring
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61722

                        #12
                        Originally posted by michael777

                        thanks a million,it worked,i am an idiot!
                        Not really. I am sure plenty of others thought the same as you did first time.

                        And no problem
                        .
                        Comment
                        • michael777
                          SBR MVP
                          • 09-20-05
                          • 1936

                          #13
                          thanks again optional,have a great night
                          Comment
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