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 !
I usually don't buy bitcoins using my salary income so I have never used a wire transfer to any exchanges. However, I have used localbitcoins website quite an few times. It is a trading platform where you will receive offers from many local sellers. If you like someone's offer, you can straight away transfer the amount to their bank account and they will send the bitcoin to your bitcoin address.
localbitcoins website has a very good escrow feature so you can actually keep your amount to the escrow account until the bitcoin is received at your end. I have used their service and I am happy with it. So instead of sending wires to a exchange, you may try this website. However, always check a seller's rating before you start trading with them.