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Showing 20 of 23 results by MikaSappalo
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Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 08/07/2014, 08:46:28 UTC
Hi all Smiley

So to update, I've been using hitbtc now for the past week or so and it's been working out fine so far.. interface takes some time to get used to but after that it's kinda simple for just basic trading like I need. One thing is that to withdraw fiat you have to wire in funds from your nominated bank account first (I guess some security thing, not sure) - which takes a while but after that the withdrawals seem to go pretty fast, i've made 3 now (well almost), will attach a screenshot fyi. Thanks again everyone for helping out!

http://i.imgur.com/l9cHoUm.png?1
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 01/07/2014, 08:25:01 UTC
Hi all
So I wanted to say firstly thank you to everyone who posted here to help me out - i got a lot of useful info which i will refer to in future (i guess it won't get deleted for a while?  Smiley
I've now had a chance to look at a lot of different exchanges and do some research on them, and after everything i settled on bitstamp and hitbtc. These two had the easiest interface i found, with everything set out in a sensible way and their credentials obviously seem pretty good so i doubt i'd have any major problems
As i'm looking to withdraw in euro in the end, i'm thinking hitbtc will be best though. I noticed bitstamp is in the US and when i opened an account there was no euro stuff anywhere, despite them saying they cater for euro withdrawals too. I later found that you have to withdraw money in dollars and then it gets transfered as euro, but that you won't know how much euro you get until after you've completed the transaction.....obviously that's not quite good enough for me as I want to know what i'm getting really. I also thought (but don't know) that if it's being sent from the US, it could take a while to reach a european bank account.
My account on hitbtc definitely shows euros and I read they're europe based so that kinda clears up any issues i had with bitstamp i guess. i need to make a deposit to my account from my bank account to verify it first though, which will take a day or two perhaps, but then i should be good to go.
thanks everybody again - i'll write here again to let you know how it's going and if there are any issues of course.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 30/06/2014, 09:43:25 UTC
It was such a long time ago and did not reoccur with any other exchange. How much cash will you want to keep there?

Not so much, but its my salary for a full time day job – so all of my money. Embarrassed
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Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 27/06/2014, 12:35:43 UTC
lol - look at this thread. Just wanted to suggest a Cryptsy.
https://bitcointalk.org/index.php?topic=665572.0  Cool

I will check it Smiley
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 27/06/2014, 12:27:59 UTC
hm. This thread is about withdrawals… what else do you need?  Huh

I think ease of use, simple interface and safety at least! Don’t want to lose money. I heard about Mt.gox issues.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 27/06/2014, 08:30:57 UTC
Yea, but I need to be sure about other stuff too..
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 26/06/2014, 10:41:34 UTC
Mika, so what did you choose? Smiley

Found two new exchanges: icbit and hitbtc. But I don’t know if I can trust them any more than others. Huh
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 25/06/2014, 13:08:17 UTC
Ok, your choice. When I need that, I choose btc-e. Yes, they have some problems with support etc. but it otherwise works fine and I’ve not had any problems with them before.

yea, but I wrote that I can’t understand anything there and I do not trust them enough.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 25/06/2014, 12:34:20 UTC
Mika, are you stupid? Don’t waste your time – choose market leaders.

Bitcoin exchanges involve real money. I don’t need something where I’ll get problems with withdrawal etc in future. I need somewhere where I can easily exchange my bitcoins for euros with minimal losses on withdrawal.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 25/06/2014, 09:22:38 UTC
lol I’ll wait till you choose where to exchange your bitcoins. I hope you’ll write about it here.

Sure. I’ll take another look at the market by myself.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 25/06/2014, 08:51:33 UTC
Ok. So what about others?
I don’t know which to look at again.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 25/06/2014, 08:02:27 UTC
m- premined LTC clone
-StableCoin-  0 starting diff, died and revived.
-SIC Sifcoin- Uses new hashing, series of SHA-3 candidates, CPU only.
-Ybc Ybcoin- YAC Clone.
-GLX Galaxycoin- Fast NVC clone with constant reward for 8 years.
-NUG Nuggets - premined LTC clone with random superblocks and constant base reward.
-LBW Lebowskis- NVC clone.
-CSC CasinoCoin- LTC clone. 0 starting diff, superblocks at start.
-EGC EagleCoin- LTC clone. 0 starting diff.
-ZTC ZenithCoin-Freicoin based -demurrage +Scrypt. 50% tax for developer.
-ONC Onecoin- a coin that has total supply of 1, Scrypt-jane
-ELP ElephantCoin- LTC Clone with random blocks a
Kind of a spam. Or what you mean?
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 24/06/2014, 12:31:53 UTC
So why did you start your search with btc-e? And what can you say about them? Why did you decide to keep searching instead of start trading?

I saw a review here: http://theblogchain.com/bitcoin-exchange-reviews/btc-e-review/  Author writes about lack of trust and some other things, so I decided not to take part in trading there. I tried to contact their support but wasn’t successful (they ignored me). Huh  I also found this article but likewise it’s not amazingly helpful: http://www.coindesk.com/btc-e-exchange-banking-issues/  I think BTC-E would not be my choice.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 24/06/2014, 10:33:56 UTC
Take a look at other exchanges: I looked at LakeBTC. They do not support SEPA, as I can see. Also I tried to look through their faq, but it’s not so straightforward and hard to understand Undecided I didn’t have any experience myself before, so any information about how-to is very important for me.
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 23/06/2014, 11:32:13 UTC
So we have:
Bitfinex – 0.100% fee FOR US DOLLARS. But I don't see any euros. Check here: https://www.bitfinex.com/pages/fees
Bitstamp – I found only this on their site. https://www.bitstamp.net/fee_schedule/  So fee depends on the  withdrawal amount or what?
ANX – I did not find any information here: https://anxbtc.com/
haven't done it yet although someone in this thread wrote that they have a 0% fee. But I can’t prove that.
Mintpal – I looked here but didn't find any information on how to withdraw USD or EUR. https://www.mintpal.com/fees
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 23/06/2014, 07:37:09 UTC
DubFXThere is no problem here. I'm just thinking and trying to analyse how I can exchange my bitcoins for euros wtih minimal losses (ie fees). This is the first time i've needed to this but almost definitely not the last.
Now I have an interesting (and high paid) job, but the employers paying in bitcoin, So I'm try to find out the best way to get my cold hard cash. That's it. But who knows - maybe tomorrow I'll start trading.
I see that people visit this forum the most and that they'll most likely know which exchanges are the best and easiest to use, so please help me out if you can - any info is much appreciated!
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 22/06/2014, 08:16:32 UTC
ANybody here?
I've mentioned that bitfinex (for example) doesn't support 0% withdrawal fees.
International wire: 0.100% of the deposit amount, with a minimum of $20.00 (proof https://www.bitfinex.com/pages/fees)
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Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 21/06/2014, 09:11:08 UTC
Mika there are a lot exchanges.
try bitfinex, bitstamp for example
you can see sone charts here: www.bitcoincharts.com
i'm interested what will be your choice...  Roll Eyes
Thanks! I see, market leaders in euros are: ANX, Hitbtc, Kraken, bitcoin.de and alot of leaders in usd: + Bitfinex, Bitstamp, BTCE, Lakebtc.
Whom to choose? ease of use is also a very important metric.

Fee are second if you trade correct.
Sorry, what you mean?
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 20/06/2014, 20:07:58 UTC
Hi, guys! I have some bitcoins and would like to exchange them into fiat currency. I've done some research into services out there but none have managed to make me feel confident about using them. I'm no expert on the exchange market, so if anyone can help me out it would be much appreciated.

You can use /UxeAkD]ANXPRO is a trusted exchange with curently cero fees on withdrawals and deposits!, it supports sepa europe banking system, and if you are in australia or asia it will take even less time to exchange your bitcoins.
Place for the advertisement.  Wink
BTW 0% fee - is good.
But I do not see much mentions about this exchange in the internet. So I must think, if they can be a trusted partner.
If there are any other exchanges with 0% fee? Anybody knows?
Post
Topic
Board Trading Discussion
Re: High fees at other vexchanges on the market.
by
MikaSappalo
on 20/06/2014, 14:02:27 UTC
I started with btce.
I've notices, their support is not so rapid, but it doesn't matter.
Withdrawal fee with min. 0.1 and a comission of 15$
So I do not like this and try to find something else. So much exchanges.
I am from Finland if it matters.