Post
Topic
Board Beginners & Help
Re: Stay away from Coinbase
by
Skully
on 15/12/2013, 20:22:49 UTC
I have recently set up an account with coinbase and am still waiting for the tier 2 verification process to finish. So far my experience has been good. However waiting 1 week to get the btc in my account so far is very annoying. I have heard of localbitcoins, but have not used them. I am interested in looking for more options other than coinbase just in case. Does anyone have any good alternatives for getting money from a bank in the usa to bte-e (primary), mtgox or bitstamp (backups) exchanges faster. Currently i buy bitcoins from coinbase, then transfer that to the bte-e (exchange).

Little off topic, I know I am probably not understanding how it all works yet. But so far it seems you could buy btc from bte-e, then trasnfer if to mtgox and sell for higher. Seems mtgox is always selling higher than bte-e and thus you could make a profit. Since I am still waiting to get set-up on mtgox, and have not had chance to try this. Can anyone share there experiences in doing this?


Skully