Post
Topic
Board Beginners & Help
Re: Fiat to Crypto - fastest way in, your experiences
by
bitbollo
on 17/04/2017, 19:07:50 UTC
Hi,
I'm interested to hear some of your views on the slickest way into crypto from Fiat. I have used coinbase, etc. - just wondering if there are any other services that offer cost effective, simple, quick and easy way into crypto ideally on debt/credit card.
What's your preferred "route" in? Any tips and tricks?

cheers

Most of the times the fastest way to exchange crypto to fiat and viceversa is local chat like telegram.
you can place your request and just wait a reply. I get debt card charged because is instant.
Another way is to find a local dealer here on forum, sometimes you have also phone number! Easily in a bunch of minutes you make the exchange.
best tip? be patient sometimes you find some one ready to pay a % more for your fiat !!
And how do you protect yourself from fraud? It seems to me that the link broker should be mandatory. If the exchange over the local network, then who will guarantee the security of the transaction?

use an escrow like a moderator in telegram group or here in bitcointalk. Escrow is a must for a transaction between two strangers.
Every time trade an amount like xx.92 and not xx.00 to avoid fraud by "recycling" the payment.