Post
Topic
Board Trading Discussion
Re: Keep your fiat at hand in order to buy new bitcoin
by
btcney
on 02/07/2017, 06:06:08 UTC
Hello everybody,

I have a question :
How do you keep your fiat at hand to buy bitcoin when you feel it's the right time?
Indeed it takes 2 days to get a SEPA transfer on a exchange plateform. So where do you keep you fiat? On the exchange platform?

Thank you

For instance I think right now I should buy some crypto because the market is low... But I'm waiting for my SEPA transfer !

Where do you live?

If you do interbank transfers anywehre in the world generally it is going to take around 2 days to be able to get the funds cleared to another account. Though the standard time right now for same banks should be immediate.

If you just want to buy bitcoin quickly when the price is low, then i suggest keep your fiat in your bank. No need to get USDT, just go onto localbitcoins.com, select your country, and select cash deposit/national bank transfer. Cash deposits reflect instantaneously and so should same-bank transfers, therefore the release time from ecsrow should be less than 1 hour, much better than exchanges.