Post
Topic
Board Trading Discussion
Re: BTC/USD trading without Bank Account
by
Coin_trader
on 10/10/2019, 06:31:37 UTC
Being involved in crypto space for quite some time now, I have seen the price going up and down a numerous times.
I plan to try out trading to try my luck.

What I am looking forward to is if there are any exchanges that enable us to trade BTC/USD without the need to link a USD Bank account. I want to be able to keep my USD funds on the exchange itself (I am aware that it's not recommended to keep funds on exchange) and trade as normal. I would be just withdrawing the funds in crypto as the time comes.

Do enlighten me regarding this.

I don't want to trade between the cryptocurrencies because almost the entire crypto market follows the trend that Bitcoin takes on (more or less).

I highly recommend coinbase pro: https://pro.coinbase.com/markets
They have a license to operate and their headquarters is in San Francisco California so quite safe to trade fiat to BTC. I believe bitfinex offer BTC/USD trading too but keep away on that exchange since they have a lawsuit against them.

You can check your state on the below link if coinbase has a licensed to operate in your place.
See here: https://www.coinbase.com/legal/licenses