Bitcoin

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  • inv group
    SBR High Roller
    • 12-07-14
    • 123

    #1
    Bitcoin
    There is a lot of info on here so instead of getting overloaded with info I have a simple question.

    What service is a good bit coin service?

    It seems from what I have read that is probably the easiest way to withdrawal now.
  • Optional
    Administrator
    • 06-10-10
    • 62229

    #2
    As far as "best" the answer is very different depending on what you want to do and where you are.

    If you are in the US and want to use ACH transfers then you have three choices. Coinbase.com, Gemini.com and ItBit.com

    If you want the cheapest option you want to use a trading exchange like Kraken

    If you want the most private option you will probably be interested in person to person exchanges like localbitcoins.com
    .
    Comment
    • RangeFinder
      SBR Hall of Famer
      • 10-27-16
      • 8041

      #3
      I use Coinbase. Never had a problem although the first initial deposit took a few weeks. However, once that was done the transfers have been really quick and efficient. I can go from book to book very quick.
      Comment
      • inv group
        SBR High Roller
        • 12-07-14
        • 123

        #4
        Originally posted by Optional
        As far as "best" the answer is very different depending on what you want to do and where you are.

        If you are in the US and want to use ACH transfers then you have three choices. Coinbase.com, Gemini.com and ItBit.com

        If you want the cheapest option you want to use a trading exchange like Kraken

        If you want the most private option you will probably be interested in person to person exchanges like localbitcoins.com
        I am in the USA and I will use for deposit and withdrawals from Betonline.

        Thank you
        Comment
        • inv group
          SBR High Roller
          • 12-07-14
          • 123

          #5
          Originally posted by RangeFinder
          I use Coinbase. Never had a problem although the first initial deposit took a few weeks. However, once that was done the transfers have been really quick and efficient. I can go from book to book very quick.
          Thanks
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 62229

            #6
            Originally posted by inv group

            I am in the USA and I will use for deposit and withdrawals from Betonline.

            Thank you
            It does not really matter which book. How you want to transfer US$ to Bitcoin and back again is the primary issue.

            If you want to use a bank account to do that, which most US people find the easiest, then I'd suggest Gemini first.
            .
            Comment
            • inv group
              SBR High Roller
              • 12-07-14
              • 123

              #7
              Thank you
              Comment
              • raiders72001
                Senior Member
                • 08-10-05
                • 11227

                #8
                Originally posted by Optional
                As far as "best" the answer is very different depending on what you want to do and where you are.

                If you are in the US and want to use ACH transfers then you have three choices. Coinbase.com, Gemini.com and ItBit.com

                If you want the cheapest option you want to use a trading exchange like Kraken

                If you want the most private option you will probably be interested in person to person exchanges like localbitcoins.com
                this should be posted in the sticky thread. Good info.
                Comment
                • inv group
                  SBR High Roller
                  • 12-07-14
                  • 123

                  #9
                  , I'm giving it coin a try plus I had my book send me a debit card.
                  Thanks for the info!!! Appreciate the info
                  Comment
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