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RE: STORY TIME..What I mean by investor...

in #cryptocurrency7 years ago

That is super awesome! Coinbase is not my favorite. Their fees are insane and the thing that kills me the most is the wait period to get coins in your wallet. I know they added the USD Wallet to bypass that but its still rather annoying. I haven't actually heard of bitpanda. I'll have to check it out. What have you heard regarding it??

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it's quite complete, and you can pay with credit card, unless sites like kraken. And the fees are the lowest possible, about 3% or 4%. There's this one and Bitbay who is still verifying me too. It looks safe and accepts fast payment with credit card. Avoid Coinmama too, it's also accepting fast transactions with credit card, but the fees are terrible, 7% or even more. In a nutshell, sign up on Bitpanda, Bitbay,Bitstamp (for buying fast with credit card) and see which one of them answers you faster in the verification process; and sign up on kraken,changelly,bittrex and bitfinex for exchanges possibilities. Right now, that's what I did, because there's no 100% safe place, but those are thanks to my research the "least-dangerous" ones in this crypto world...

One last thing, for bittrex and bitfinex, we gotta wait for the signups to reopen, but kraken is still a fast solution, I already have managed to create one account there. Always have multiple solutions, and store your coins on blockchain.info (they have safe wallets that are created fast), and also if possible on a hardware, I'm thinking about building a coin bank on an USB key, here is the tutorial https://news.bitcoin.com/bitcoin-bank-less-thirty-minutes-usb-drive/

That is awesome. I'll look into kraken and the others. I've heard of bitbay, their value went up a good bit yesterday so that has something to show for it. And thanks for the coin bank link. I never thought about that one.

complicated to do so far, but not impossible to create I believe