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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #1  
Old 07-31-2020
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Default Where do I buy BTC low fees

Seems like people locally are charging way too much, does anyone know where to buy BTC for low fees?
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Old 07-31-2020
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Default Re: Where do I buy BTC low fees

Exchanges. It's free with coinbase if you pay via ACH. Gemini charges something like $35 for $2700 worth of BTC.
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Default Re: Where do I buy BTC low fees

Any of the major exchanges

In the US, coinbase pro and gemini
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Old 08-01-2020
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Default Re: Where do I buy BTC low fees

Will have to sign up with some of these since they take long
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Old 08-01-2020
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Default Re: Where do I buy BTC low fees

They don't take all that long to "verify" you. They'll ask for an ID selfie and you'll usually be good to go by the next business day.
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Old 08-03-2020
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Default Re: Where do I buy BTC low fees

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Originally Posted by phaz0rz View Post
They don't take all that long to "verify" you. They'll ask for an ID selfie and you'll usually be good to go by the next business day.
Which one do you recommend?
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Old 08-03-2020
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Default Re: Where do I buy BTC low fees

Quote:
Originally Posted by unitsell View Post
Which one do you recommend?
Coinbase is easy to use and good
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Old 08-03-2020
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Default Re: Where do I buy BTC low fees

Quote:
Originally Posted by unitsell View Post
Which one do you recommend?
Coinbase for spending
Gemini for "investing"

I think if you use the ACH option in Coinbase, there's no fee, but you can't send the BTC out of your coinbase wallet for a week while the ACH processes. If you pay with a card on coinbase there is a fee but you can spend your BTC instantly.

Gemini is ACH only and holds all buys for 5 business days before you can spend.
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Old 08-03-2020
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Default Re: Where do I buy BTC low fees

Quote:
Originally Posted by unitsell View Post
Which one do you recommend?
If you're going with coinbase, go with coinbasepro, you'll save on fees

https://www.1daydude.com/coinbase-vs-coinbase-pro/
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Old 08-03-2020
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Default Re: Where do I buy BTC low fees

It appears coinbase pro is also ACH/wire only (like gemini).

So it's free either way to ACH with coinbase/coinbase pro but you have to wait several days to spend or send your crypto from your coinbase account. There's only a cost difference between the two if you pay with a card.
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Last edited by phaz0rz; 08-03-2020 at 03:02 PM.
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Old 08-18-2020
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Default Re: Where do I buy BTC low fees

I find that luno.com has lower fees than Coinbase

I have been Luno for approximately 3 months now and I have had no problems

I hardly use my Coinbase account after joining Luno as Lunos fees are cheaper

Coinbase is still handy for myself as they give you a Coinbase debit card and you can buy stuff with any of your digital currency via the card which is quite fun
Many other companies offer a BTC debit card eg Wirex

I trust Coinbase as a company so I do not mind leaving money in my account with them as opposed to some other 'flakey' companies
I have been with Coinbase for a number of years with zero problems so sometimes I do not mind paying their fees

Every company has their pros and cons

Personally, I open accounts with most of them and work it out from there

Last edited by FirstorLast; 08-18-2020 at 02:50 AM.
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