posted Mon, 01/16/2017 - 04:22
634
Easy BitCoin?
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Hey friends! REDACTED I was just curious if anyone does anything else that's faster than buying them and selling them? I have used CENSORED but they have a pretty high fee. Any advice would be great, thanks!!
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CENSORED has a .0005 btc fee to create an offer and .001 to accept an offer, so that is pretty cheap
You are aware that we don't talk about other forms of payment. We seem to be allowed to discuss "BitCoin ", 1) because it is new and 2) it is different/strange to people unfamiliar with it.
purge_proMy apologies!
I personally am liking CENSORED since CENSORED shut down. CENSORED makes you verify with ID to get good starting limit, but other than that good to go.
CENSORED pisses me off. You don't get your money for a week after purchase. They also charge your bank account several days before the money is available to you. The problem with CENSORED is increased risk. First, you're buying at the BTC price at the time of the transaction. BTC is notoriously volatile and can and has fluctuated hundreds of dollars a day. In a week's time, you could stand to lose a lot with no possibility of selling to mitigate your losses. Secondly, you're losing on the general time value of money. When they take your money several days before your BTC is available, you're losing the opportunity to make a return on that money in that time frame. That means that the real cost of doing business with CENSORED is higher than their transaction fees.
try CENSORED.com or CENSORED.com bro