Post
Topic
Board Beginners & Help
Re: Need advise for transferring money overseas to buy BTC from the US
by
Xeavier
on 19/10/2018, 22:34:26 UTC
I've tried coinbase but it takes too long for the fund to available, 2 weeks and even more if you keep depositing the money. Coinmama declines my cards 10/10 times although I tried different cards and called the bank each time. Their support couldn't do anything further but advised me to use different cards. LMAO

Localbitcoins is the only site I'm buying btc right now and I just did a few hundreds for each trade with experienced sellers. There are many sellers that offer below market value with more than 1000 positive feedbacks. However, I don't feel comfortable when the store employees check my information each time I use Moneygram. In addition, the sellers always use different names to receive cash for every transaction.

I'm really confused about this as people can always keep using Moneygram to buy btc at the cheap price and then flip it. Is there anything behind those Moneygram transfers? I am just cautious