When comparing Buttercoin vs Satoshi Tango, the Slant community recommends Buttercoin for most people. In the question“What are the best ways to buy/sell bitcoin?” Buttercoin is ranked 8th while Satoshi Tango is ranked 12th. The most important reason people chose Buttercoin is:
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.
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Pros
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.
Pro US Based Bank
Pro First Wall Street investment in bitcoin
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.
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.
Pro It also allows you to pay your bills
You can pay your utility bills and recharge your prepaid phone using the site.
Pro You can buy multiple coins
You can buy BTC, ETH, LTC, XRP and BCH.
Cons
Con It has been shut down
Buttercoin does not exist anymore.
Con They deal primarily in Argentine Pesos
Although you can load up using USD as well, there are very few options for transferring USD.
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.
Con Its trading section is VERY rudimentary
It doesn't even have charts.