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Utilities
What are the best ways to buy/sell bitcoin?
26
Options
Considered
239
User
Recs.
Jun 29, 2021
Last
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21
Options
Considered
Best ways to buy/sell bitcoin
Price
Credit Card Fees (Purchase)
SEPA Withdrawal
54
Coinbase
-
6%
1 EUR
31
Bitstamp
-
5%
0.90 EUR
--
Uphold
$50
3.99%
$3.99
--
Kraken
-
-
-
--
Coinbase Bitcoin Wallet
-
-
-
See Full List
54
Coinbase
My Rec
ommendation
for
Coinbase
My Recommendation for
Coinbase
All
23
Experiences
2
Pros
11
Cons
9
Specs
Top
Pro
•••
Very easy to set up and use
The entire process of using Coinbase is seamless. All you need to do to start buying/selling Bitcoin is link your bank account to Coinbase, and if you provide a credit card as a backup payment method you can start buying Bitcoin instantly.
See More
Top
Con
•••
Shuts down and freezes transactions during heavy request for fiats and during bubble burst
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lostinlodos's Experience
The most trusted system for Americans.
See More
Specs
Credit Card Fees (Purchase):
6%
SEPA Withdrawal:
1 EUR
Supported Cryptocurrencies:
BTC, LTC, ETH, XRP,XLM,BCH,TRX
Fees:
1%
See All Specs
Top
Pro
•••
Trustworthy
Coinbase have raised over 6 million from reputable investors.
See More
Top
Con
•••
Month of June 2017 - just horrible experience so far
Continual outages hold your money and/or coins hostage at the times they are most useful to trade. Site does not scale for busy profitable days/hours. Support is effectively non-existant. They treat everyone the same - poorly. Expect your funds to be captive during volatile activity. Poor leadership relegateds support staff to begging Your "patience." New policies are NOT updated online in a timely manner. Beware if you have much to lose. Considering all the kinds of hiccups this website and its app regularly experience, a large catastrophic data leak of sensitive information would not surprise me at all.
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Friscoplayrsf's Experience
Just click and add payment methods and your off to owning crypto. Vary easy.
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Top
Pro
•••
Secure
Wallets (and private keys) are stored using AES-256 encryption and the site runs entirely over SSL. Also, 90% of customer funds are stored offline in bank vaults to prevent theft or loss. For more information, visit here.
See More
Top
Con
•••
Fees are quite high
Coinbase is beginning to increase their fees. Credit/debit card purchases also carries an upwards of 3.49% fee.
See More
Top
Pro
•••
You can instantly buy Bitcoin
If you provide a credit card as a backup payment method and verify your identity, you can instantly buy and sell bitcoins without waiting the usual 4 days.
See More
Top
Con
•••
Too focused on altcoins
See More
Top
Pro
•••
Acts as a hosted wallet
You can also use Coinbase to store your bitcoins in their hosted wallet. This makes the entire process of using bitcoins really simple, as you only need to use one service.
See More
Top
Con
•••
You'll experience a painful process to restore multiple device access
As soon as a device becomes unregistered from Coinbase, it seems to cause a cascade of other devices also complaining and asking or a code. If you're using certain mail providers, Coinbase emails don't even make it to your spam box - they're blocked at the server level. Folks should take care to use a known, white-listed service to ensure you don't lose access to your email resets, or you have to go through a very painful process to restore it. You have to register an entirely new account and follow up with a request for verification. This is all well and good for security's sake, but takes too long. It can be done much more professionally and quickly if there were secure features to restore device connectivity and access, such as a backup or two step verification with a mobile. This would save days and days, even weeks of lock-out, from what is YOUR money.
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Top
Pro
•••
Limited to the most stable coins
Coinbease is limited to the most stable coins, making it less likely to run into problems in the world of Crypto
See More
Top
Con
•••
Few choices
Coinbase is extremely limited in choices. Granted... to the most trusted and secure coins, but accessing other options requires a secondary service, and incurs fees.
See More
Top
Pro
•••
Great for cryptocurrency beginners
Coinbase is extremely easy to get started with. This is especially true for beginners looking to get their feet wet in the world of Bitcoins/cryptocurrencies — there’s no figuring out the process because everything is clearly laid out in front of you.
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Top
Con
•••
Not available in many countries
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Top
Pro
•••
Intuitive user interface
Coinbase’s user interface is well-designed and easy to grasp in a short amount of time. Compared to other exchange platforms, Coinbase has the best user experience for those who are new to cryptocurrencies.
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Top
Con
•••
Device disconnection happens all the time if you use several devices
It also seems that geolocation and Coinbase do not get along too well from a user perspective, with the same type of device disconnection occurring constantly if you move between a lot of devices, which some of us do, and some of us have to do by virtue of the way we work and live and move through the world.
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Top
Pro
•••
Offers phone support
Coinbase offers phone support for customers needing urgent help with ID/account verification issues, limit increases, and such.
See More
Top
Con
•••
Terrible customer support
Relegates users to a support "bot" which is incapable of supporting escalated issues. Email support takes days to weeks to respond and is not geared to handle time sensitive issues. Avoid Coinbase if at all possible.
See More
Top
Pro
•••
Great mobile apps
As well as the website, you can access Coinbase on Android, iPhone and visa SMS.
See More
Top
Pro
•••
No fees for deposit through SEPA bank transfer
For Europeans, there is no fee for depositing to Coinbase through SEPA bank transfers (but your bank may charge a fee).
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Recommend
61
25
31
Bitstamp
My Rec
ommendation
for
Bitstamp
My Recommendation for
Bitstamp
All
11
Pros
8
Cons
2
Specs
Top
Pro
•••
Free SEPA deposits
Bitstamp is very economical if you live in Europe as they have free SEPA deposits.
See More
Top
Con
•••
High fees for credit/debit card purchases
Bitstamp charges a flat 5% for all credit/debit card purchases, regardless of purchase amount.
See More
Specs
Supported Cryptocurrencies:
BTC, LTC, ETH, XRP
SEPA Withdrawal:
0.90 EUR
Credit Card Fees (Purchase):
5%
Fees:
Varies (starts at 0.25%)
See All Specs
Top
Pro
•••
Very low transfer fees
For small transactions (< $500 USD) you're only charged 0.5%. This incrementally decreases to 0.2% for transfers over $150,000 USD.
See More
Top
Con
•••
Not so great for cryptocurrency beginners
Bitstamp is not the best platform for those unfamiliar with cryptocurrencies in general — the live trading platform and UI can get too overwhelming for beginners due to information overload.
See More
Top
Pro
•••
Lets you limit orders
On Bitstamp users can enter limit orders that stay open until they are either cancelled by the client or executed in the market.
See More
Top
Pro
•••
Supports multiple currencies
Bitstamp supports US dollars, British pounds, and Swiss francs.
See More
Top
Pro
•••
Offers prepaid debit cards
You can purchase physical or virtual prepaid debit cards through Bitstamp and load money into them directly from your Bitstamp account. There are currently three supported currencies: USD, EUR, and GBP. Note: this is currently unavailable to US citizens.
See More
Top
Pro
•••
Great support
Multiple threads on the Bitcoin sub-reddit praise Bitstamp for fast and helpful support.
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Top
Pro
•••
Great user interface
The interface and overall user experience of Bitstamp is fantastic. The design is clean, easy to use while also providing great features like the order book.
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Top
Pro
•••
Order book
The order book is a great feature because it’s where the exchange shows all the open orders it has from its clients. The first part of the order book is a chart that represents all the orders organized by type (bid or offer), price, and volume. This is a very efficient way of looking at the market depth and also analyzing the open interest so you can decide how to set and manage your orders.
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Recommend
24
15
--
Uphold
My Rec
ommendation
for
Uphold
My Recommendation for
Uphold
All
10
Experiences
2
Pros
6
Cons
1
Specs
Top
Pro
•••
Its one of the very few sites that allows you to hold virtual GOLD besides Bitcoin
It gives you several virtual cards(they are like savings account tied with a prepaid credit card that can be used on the internet to make payments). The most notable of them being in EUROS(EUR), Bitcoin(BTC) and GOLD(XAU).
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Top
Con
•••
Few transfer options for loading up the balance.
Has trouble working with payment sites like Paypal, and also with South American Banks. You will just have to check if they accept yours.
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UnbiasedVanapagan's Experience
Great design: I find it incredibly easy to use. Has the lowest (and no hidden) fees, very quick transactions, and also I think has the biggest choice of assets.
See More
Specs
SEPA Withdrawal:
$3.99
Supported Cryptocurrencies:
BTC, XRP, ETH, BAT, ADA, ATOM, BCH, BTG, DASH, DCR, DGB, DOGE, EOS, MIOTA, LINK, LTC, NANO, NEO, OMG, OXT, STMX, TRX, UPBTC, UPT, NEM, XLM, ZIL, ZRX
Credit Card Fees (Purchase):
3.99%
Fees:
$2.99
See All Specs
Top
Pro
•••
Low fees
They have removed fees for some of the most popular currencies like BAT and XRP and compared to other wallets listed here their fees are some of the lowest.
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Michelle O'Connor's Experience
Uphold provides an easy to navigate wallet and they are transparent with fees, and they offer a lot of currencies.
See More
Top
Pro
•••
The virtual cards allow you to shop without the need for exchanging your Bitcoin(or your GOLD)
You can shop on Amazon or similar sites, and pay with the BTC virtual card, the due payment will be converted to bitcoins and then deducted from your card's balance.
See More
Top
Pro
•••
Quickest way to buy BTC
See More
Top
Pro
•••
Friendly staff
The staff will help on their social media channels and also through their support ticket system without issues.
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Top
Pro
•••
Trustworthy and reliable service
Never worry about depositing money or withdrawing, UPHOLD have been the best wallet in crypto.
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Hide
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$50
Recommend
8
--
Kraken
My Rec
ommendation
for
Kraken
My Recommendation for
Kraken
All
4
Experiences
1
Cons
3
Top
Con
•••
Regular outages
See More
Michelle O'Connor's Experience
Account closed with no reason or warning -- funds locked up.
See More
Top
Con
•••
Poor customer support
There are many cases of people complaining on Reddit about not getting responses from customer support for weeks at a time.
See More
Top
Con
•••
Impossible KYC
It's almost impossible to validate your identity and do the KYC
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Hide
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Get it
here
Recommend
15
4
--
Coinbase Bitcoin Wallet
My Rec
ommendation
for
Coinbase Bitcoin Wallet
My Recommendation for
Coinbase Bitcoin Wallet
All
4
Pros
1
Cons
3
Top
Pro
•••
Converts Bitcoin to USD
By integrating a US bank account, Bitcoin can be converted to USD using ACH.
See More
Top
Con
•••
Ledger Wallet
Difficult for beginners that use a Ledger Nano S wallet.
See More
Top
Con
•••
You don't own your Bitcoins
If they don't like you (KYC/AML) they can lock you out. This is the antithesis of what Bitcoin is able to provide. If you own the private keys, you own the Bitcoins, on Coinbase you don't.
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Top
Con
•••
Tracking you
Bitcoin is anonymous by design but Coinbase is tracking and reporting all transactions.
See More
Hide
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here
Recommend
2
1
--
Robinhood
My Rec
ommendation
for
Robinhood
My Recommendation for
Robinhood
Hide
Get it
here
Recommend
2
--
Binance
My Rec
ommendation
for
Binance
My Recommendation for
Binance
All
8
Experiences
1
Pros
4
Cons
3
Top
Pro
•••
Comparatively safe base coin
You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token.
See More
Top
Con
•••
Overwhelming and confusing
The extreme volume of both trading options and supported currencies, combined with poor help, makes it overwhelming for beginners.
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lostinlodos's Experience
Binance is the largest exchange right now. The endless choices you can access are amazing!
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Top
Pro
•••
Protection
Binance has many unique proprietary methods for combating fraud. Including protecting users from bad coins. While rare, problem coins are delisted extremely quickly.
See More
Top
Con
•••
BYOC (Bring your own coins)
Binace does not have a fiat to currency system. The only way to trade on binance is to buy their private currency, or deposit crypto from other wallets/exchanges at a fee.
See More
Top
Pro
•••
Every major coin
And most minor ones. Excluding fraud and bankruptcy, it’s easy to get listed and very difficult to get delisted.
See More
Top
Con
•••
No buy in
Binance does NOT offer direct fiat to crypto transactions. You can only buy into the binance currency, which you then trade for other coins.
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Top
Pro
•••
Comparatively save base coin
You can easily transfer in almost any current coin, no matter how volatile, and transfer it to the relatively stable BNB token.
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Recommend
2
--
Buttercoin
My Rec
ommendation
for
Buttercoin
My Recommendation for
Buttercoin
All
5
Pros
4
Cons
1
Top
Pro
•••
Fast and Easy
The site is very intuitive and depositing dollars was fast and easy. The whole process from on-boarding to buying my first bitcoin with them took about 2 days. When I sold my bitcoin, the withdrawal landed in my bank account on the same day. Also, support is super helpful and very friendly.
See More
Top
Con
•••
It has been shut down
Buttercoin does not exist anymore.
See More
Top
Pro
•••
US Based Bank
See More
Top
Pro
•••
First Wall Street investment in bitcoin
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Top
Pro
•••
Secure
They are fanatical about security and put a tremendous amount of effort into finding and fixing vulnerabilities before shipping new code. There's even a bug bounty program.
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Hide
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Get it
here
Recommend
7
6
--
Gemini
My Rec
ommendation
for
Gemini
My Recommendation for
Gemini
All
3
Pros
2
Cons
1
Top
Pro
•••
Instant trades with $500 daily limit
See More
Top
Con
•••
$500 daily limit on instant trades
For anything more, you have to do a wire transfer.
See More
Top
Pro
•••
First to offer Bitcoin futures
Beginning December 10
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here
Recommend
2
1
--
Bisq - A decentralized bitcoin exchange network
My Rec
ommendation
for
Bisq - A decentralized bitcoin exchange network
My Recommendation for
Bisq - A decentralized bitcoin exchange network
All
3
Experiences
1
Pros
1
Cons
1
Top
Pro
•••
Private
Pure p2p, bitcoin base security.
See More
Top
Con
•••
Learning curve
There's a steeper learning curve and than other exchanges that take your information and sell you synthetic bitcoin. Bisq puts all the responsibility on you.
See More
pedromvpg's Experience
No KYC. Keep your data from ending up at a 3rd party server that can be hacked and compromise you in the future.
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Hide
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Get it
here
Recommend
3
--
Bitpanda
My Rec
ommendation
for
Bitpanda
My Recommendation for
Bitpanda
Hide
Get it
here
Recommend
2
--
Satoshi Tango
My Rec
ommendation
for
Satoshi Tango
My Recommendation for
Satoshi Tango
All
6
Pros
3
Cons
3
Top
Pro
•••
Seriousness
Support staff conducts with seriousness and professionalism, and they are very watchful of regulations. They will be most likely operating for a long time. This is the biggest draw for people who want to declare their crypto for tax purposes in South America.
See More
Top
Con
•••
They deal primarily in Argentine Pesos
Although you can load up using USD as well, there are very few options for transferring USD.
See More
Top
Pro
•••
It also allows you to pay your bills
You can pay your utility bills and recharge your prepaid phone using the site.
See More
Top
Con
•••
They are overzealous of regulations
Each time you make a money transfer, or fill your wallet using any of the methods available, they will ask you for confirmation pictures, receipts, etc. This is common the first time using most exchanges, but Satoshi Tango asks you to prove and verify EVERY TIME. Not fit to buy bitcoin on a rush.
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Top
Pro
•••
You can buy multiple coins
You can buy BTC, ETH, LTC, XRP and BCH.
See More
Top
Con
•••
Its trading section is VERY rudimentary
It doesn't even have charts.
See More
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$25
Recommend
2
--
BitBay
My Rec
ommendation
for
BitBay
My Recommendation for
BitBay
All
3
Pros
2
Cons
1
Top
Con
•••
Vivaldi browser not supported
See More
Top
Pro
•••
Easy to use
Intuitive interface, easy to learn and use.
See More
Top
Pro
•••
Security-oriented
Cold wallet asset storage and two-factor authentication (provided by Rublon or Google Authenticator)
See More
Hide
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Recommend
5
--
Ripio
My Rec
ommendation
for
Ripio
My Recommendation for
Ripio
All
4
Pros
2
Cons
2
Top
Pro
•••
Instant transfers during weekends
If you happen to transfer money into your wallet during weekends, it becomes available after just an hour, so that you don't have to wait for the usual SEPA working hours, which could make you miss opportunities.
See More
Top
Con
•••
It operates only in Argentine Pesos
This can be cumbersome if you are not in the region. The crypto coins are only exchanged using Argentine Pesos.
See More
Top
Pro
•••
You can buy 3 coins
Bitcoin(BTC), Ethereum(ETH) and Dai(DAI) are available to buy.
See More
Top
Con
•••
Slow customer support
They usually take hours to help you with your requests, should you have an issue.
See More
Hide
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$25
Recommend
1
--
Waves DEX
My Rec
ommendation
for
Waves DEX
My Recommendation for
Waves DEX
Hide
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Recommend
1
--
Crypto.com
My Rec
ommendation
for
Crypto.com
My Recommendation for
Crypto.com
All
1
Experiences
1
PrudentTrebaruna's Experience
Works flawlessly, does what it needs to do, very user friendly once you find your way around. The visa card came as described and is the best feature. Should mention that it works perfect and takes seconds to top up from crypto and pay right away with the visa card. Highly recommend this app and all...
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FREE
Recommend
1
--
Bitcoin.de
My Rec
ommendation
for
Bitcoin.de
My Recommendation for
Bitcoin.de
All
2
Pros
2
Top
Pro
•••
Small fees
There are no common fees, since at bitcoin.de the selling person demands the actual price. Normally it's about 1% over the actual exchange rate.
See More
Top
Pro
•••
A lot of transactions
Many people use bitcoin.de, so there is always someone to trade with.
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Recommend
1
1
--
Wunderbit
My Rec
ommendation
for
Wunderbit
My Recommendation for
Wunderbit
All
5
Experiences
1
Pros
3
Specs
Top
Pro
•••
Simple
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UnbiasedAhuraMazda's Experience
absolutely great, fast and simple way to buy btc.
See More
Specs
Available payment methods:
Credit and debit cards, Skrill, Bank transfers
Commission:
1%
SUPPORTED CRYPTOCURRENCIES:
BTC, ETH, LTC, XRP, XLM, BCH
Top
Pro
•••
Fast
See More
Top
Pro
•••
Low commission 1%
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1%
Recommend
2
--
Waves
My Rec
ommendation
for
Waves
My Recommendation for
Waves
Hide
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CampBX
My Rec
ommendation
for
CampBX
My Recommendation for
CampBX
All
5
Pros
3
Cons
2
Top
Con
•••
Volume
low volume
See More
Top
Pro
•••
Price
Very low prices for an exchange that you can actually get money into and out of easily.
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Top
Con
•••
Customer service
Usually slow.
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Top
Pro
•••
Fiat withdrawal options
They offer fiat withdrawal via money order ($20 fee), so your withdrawals will be off the record
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Top
Pro
•••
Fiat deposit options
They accept money orders and if you have done KYC, they also accept personal checks.
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1
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