Message from @Px4

Discord ID: 399366497069432832


2018-01-06 20:43:28 UTC  

What offline btc wallet should I use?

2018-01-06 21:02:50 UTC  

You can use a debit or credit card to convert USD to BTC, for BTC to USD I believe you need to connect to a bank account

2018-01-06 21:03:52 UTC  

I see a "Bank Wire" option as well, but have not done that personally.

2018-01-06 21:12:57 UTC  

https://www.weusecoins.com/en/find-the-best-bitcoin-wallet/ from this article, "Electrum" may be your best option for an offline "desktop" wallet

2018-01-06 21:13:12 UTC  
2018-01-06 22:39:49 UTC  

Thank you.

2018-01-06 22:40:52 UTC  

Binance

2018-01-06 22:41:05 UTC  

Yeah there's also some other gold websites.

2018-01-06 22:41:43 UTC  

converting BTC to USD? localbitcoins

2018-01-06 22:46:14 UTC  

I believe Gemini and bitstamp have the option as well

2018-01-06 22:50:39 UTC  

I have not personally used bitstamp, but Gemini is as legitimate as coinbase, it’s FDIC insured as well

2018-01-06 23:03:17 UTC  

@Volkmom BitFlur is another service that allows you to exchange btc for usd into your PayPal account, I believe they will also exchange btc for amazon gift cards. I have not personally used them, but as far as I know they are legit. The fees are supposedly very low as well. JM Bullion and APmex will allow direct purchase of precious metals with btc. I have done that several times myself

2018-01-06 23:11:10 UTC  

@this_that5553 you should still be able to register at Coss, Kucoin, Hitbtc, and Cryptopia. Hitbtc and Coss have shit for volume, cryptopia is a little better, kucoin has most of the alt coins and ICOs that binance offers as well. Coss and Kucoin both offer a sort of “dividend” payout of trading fees that are distributed to holders of “their” tokens.

2018-01-07 00:13:45 UTC  

Is gate.io legit?

2018-01-07 00:56:30 UTC  

not familiar with that exchange

2018-01-07 00:57:33 UTC  

looks like its got pretty low volume

2018-01-07 00:58:12 UTC  

which is fine if you're just looking to acquire, but trading may be a problem if that's what you're looking to do

2018-01-07 00:58:32 UTC  

A friend suggested it. I’m looking around for an exchange to get XRP.

2018-01-07 00:59:16 UTC  

are you registered on any of the main exchanges? binance or bittrex, etc?

2018-01-07 00:59:45 UTC  

I am currently a no-coiner.

2018-01-07 00:59:52 UTC  

gotcha

2018-01-07 01:00:00 UTC  

well hitbtc has xrp

2018-01-07 01:00:18 UTC  

How are the fees?

2018-01-07 01:01:16 UTC  

lower than bittrex..and lower than gate.io from what it looks like

2018-01-07 01:01:38 UTC  

also the price of xrp is almost .40 higher on gate right now

2018-01-07 01:01:54 UTC  

Oosh...

2018-01-07 01:02:26 UTC  

I’ll look into hitbtc. Thanks.

2018-01-07 01:02:50 UTC  

no problem. I don't think its nearly as reputable as the main exchanges fwiw

2018-01-07 01:03:28 UTC  

ive never had any problems withdrawing funds from them, but I've heard of other people that had lengthy delays, no response from support, ect

2018-01-07 01:04:34 UTC  

I would also advise anyone who uses one of the smaller exchanges to not store any large amounts of funds directly on the exchange

2018-01-07 01:08:24 UTC  

the larger, more established exchanges are "safer" probably not as likely to exit scam. But i'd recommend keeping larger amounts in a hardware or paper wallet, even a desktop wallet if you're careful with your security and keys. I keep some btc on binance just so I can have some liquidity. But the majority of my funds I store elsewhere

2018-01-07 03:43:19 UTC  

Bitcoin: so easy to put your USD into it...extremely difficult to pull it back out.

2018-01-07 18:35:54 UTC  

Cash deposit is where someone walks into your banks branch and deposits using your account number and name

2018-01-07 18:36:06 UTC  

Are you unable to sell on Coinbase?

2018-01-07 21:41:44 UTC  

@Grandeur inset up an account at coinbase but it's not letting me connect my bank account

2018-01-07 21:42:52 UTC  

I've tried many times

2018-01-07 21:43:37 UTC  

So on localbitcoins what option would one select to sell btc and have the money transferred to your bank account?

2018-01-07 22:46:38 UTC  

Transferred? I'm not sure. I've never used that, and I don't think it's nearly as popular (which means better rates or quicker sells) as cash deposit.

2018-01-07 22:46:50 UTC  

Is your lbc account fresh?

2018-01-08 03:46:44 UTC  

If you’re selling on local bitcoins, be careful. You could easily get set up and robbed for all the bitcoins you have on your phone.

2018-01-08 03:57:28 UTC  

I'd recommend using a VPN to anyone trading cryptos. I use this one https://nordvpn.com/