Post
Topic
Board Trading Discussion
Re: What is the best platform for quickly purchasing bitcoin?
by
rexxarofmoknathal
on 26/08/2020, 19:25:42 UTC

What is the best platform for purchasing bitcoin quickly, without a long verification process, and with relatively low fees? I have been using Coinbase for years now but I am finally fed up with their convoluted terms, long waiting periods (that they barely even forewarn you about), giant transaction fees, and their seemingly random decisions to block my transactions or “freeze them for further review” that last days to weeks at a time.


Hmm, Coinbase can be a pain sometimes. From own experience, I can recommend 3 such exchange platforms. First, you can use bestchange to compare the rates between different platforms - this is always useful for me when interconverting between coins; second up is Kraken they do have KYC but what I've experienced wasn't too long ~ several hours but they're usually quite good + speedy. Finally, Poloniex is also one to look into, I like how easy it is to use and can buy quick also.

If I were you though, for future purchases I'd clear the verification steps for a few of the big exchange platforms. That way when you're ready to buy you're sorted  Wink