Buying Bitcoins safe and cheap from USA

@Alfapharm 3 more points..

I pay $75.50 to transfer $75 from my wallet to its destination quickly as opposed to paying $75 or $75 and a few .01 to transfer slowly to make things easier on the vendor

I don't use coinmama to your original question @vitruviusbeard posted that under greeting and though it worth copying with accreditation 

Gemini is under NYSE supervision, I know others use it but I found the requirements to be onerous. If you have more than 1 acct at the linked bank or use a less known bank or credit union you may wait forever to get verified.

 
LunaLovegood said:
Take the actual numbers I quoted with a grain of salt. This was several weeks ago, so I don’t remember the exact amounts. I just remember buying off CashApp, and it says there’s just a small, reasonable fee. But the money always shows up minus a pretty significant amount, way more than the fee it lists on CashApp. I seem to recall the same issue when buying from Coinmama, so it makes sense that it would be MyCelium. I never looked into it(waaay too much crap going on in my life rn), and had pretty much just accepted that it’s going to cost me $40 or more to buy $200 in BTC. 
Click to expand...
Few wallets charge users anything. I'd suspect that Coinmama and Cashapp are taking a much larger fee than you realize. There is also the tx fee to send to Mycellium but that is the network fees and should be low; unless the network is heavily congested which is uncommon.

 
Last edited:
@Alfapharm As to your question about using blockchain.com as an exchange and what they ask for:  when i go to make an account it says that their exchange is not available in the U.S.

 
That wont work with Blockchain as they ask for a live photo of you, your official identity document and one of you holding the document before you can buy.  And it must match the address and name you gave in signing up.

 
Wow! 

They US banks are really doing anything and everything to make it as hard as possible for the Americans buting Bitcoins. 

How is www.localbitcoins.com working there? 

Are there good reputable vendors in US who sell Bitcoins with not so high percentage? 

 
DoomKitty said:
That wont work with Blockchain as they ask for a live photo of you, your official identity document and one of you holding the document before you can buy.  And it must match the address and name you gave in signing up.
Click to expand...
I recently created a blockchain wallet from the US and was not asked for ID at all. Ii think amounts greater than a particular number may require this, but general sending and receiving within their platform is relatively hassle-free. So converting from one currency to another or to US dollars wouldn’t work, but if the goal is to have a wallet separate from Coinbase or another exchange it’s been my experience that privacy with blockchain is still tenable. I am admittedly unsophisticated with this stuff though, so you could be right!

 
LatsDoodis said:
I recently created a blockchain wallet from the US and was not asked for ID at all. Ii think amounts greater than a particular number may require this, but general sending and receiving within their platform is relatively hassle-free. So converting from one currency to another or to US dollars wouldn’t work, but if the goal is to have a wallet separate from Coinbase or another exchange it’s been my experience that privacy with blockchain is still tenable. I am admittedly unsophisticated with this stuff though, so you could be right!
Click to expand...
Thanks.

1/ But did you buy Bitcoins from Blockchain, that is the question?

2/ if yes what verifications did they request?

3/ what percentage did they charge you?

4/ from which web site/ exchange do you buy Bitcoins and what percentage do they charge you?

 
@LatsDoodis:

When you opened your wallet at Blockchain.com did you do it with USA registration?

Because @DoomKitty wrote above that Blockchain does not work as an exchange for US and when he went to make an account it says that their exchange is not available in the U.S.

Having a Bitcoin wallet at Blockchain (without any verification) is one thing, but buying Bitcoins from them seems to be completely different. 

 
Blockchain wallet is different from their Blockchain exchange which they call PIT.  You can have a wallet from anywhere...

 
Last edited by a moderator:
Alfapharm said:
@LatsDoodis:

When you opened your wallet at Blockchain.com did you do it with USA registration?

Because @DoomKitty wrote above that Blockchain does not work as an exchange for US and when he went to make an account it says that their exchange is not available in the U.S.

Having a Bitcoin wallet at Blockchain (without any verification) is one thing, but buying Bitcoins from them seems to be completely different. 
Click to expand...
I have used Coinbase for purchasing of various currencies, and find their fees are low and given at the time of transaction. I have a bank and bank debit card linked with them, one of which required ID and consequently gives more expedient transaction confirmations. Once currency is purchased, I send free of charge to my blockchain wallet. My blockchain wallet was created without ID of any kind, and I am a US resident. For exchange or “cashing out” currency to dollars, they do require ID. Once transfer is completed and my blockchain wallet has currency, I send to a vendor. Blockchain takes a few cents extra to expedited the block confirmations required and typically takes less than an hour to send to a vendor.  Blockchain fees are otherwise so negligible that I don’t even know if I pay them for my purposes, which are presumably the same as your US customers. I don’t encounter long wait times or exorbitant fees using a separate exchange to buy coins then transferring to blockchain for use of their wallet only. 
 

EDIT: my main frustration related to fees is paying my bank’s charges for using a crypto exchange, which they categorize as a International wire transfer from some off reason given I live in the same city as Coinbase is headquartered, I believe.  

 
Last edited by a moderator:
@Alfapharm The last coin i bought was via the Cashapp app available on phones.  They charge i believe a .5 to1% fee.  They are a KYC exchange like the rest of them so you have to show proof of identity like a selfie and your ID etc.

 
@Alfapharm the last time i bought from them i paid a 2 dollar fee off of a 200 dollar purchase. ATMs are some of the highest fees you can pay.  

 
@DoomKitty

This is just 1% fee for buying Bitcoins, that is excellent!

Thanks for the valuable info.

The only problem is that CashApp was declining cards from some banks.

Which bank’s card do you use that is accepted by CashApp? 

 
@Alfapharm Id rather not say my bank/credit card, but according to the app some of the banks that work with them are:

Chase, Bank of America, Wells Fargo, Citi, US Bank, Capitol One, PNC, USAA, TD Bank, Suntrust, Regions, Navy Federal, BB&T, Chime, Charles Schwab, Fidelity, Citizens Bank and Huntington.  I'm sure there are more, those are just the ones listed without using the search function.  They also accept Visa, Mastercared, American Express and Discover for credit cards.

 
Last edited by a moderator:
@DoomKitty

Thank you very much for the great and complete information!

I am glad to have a solution for my US clients.

No surprise you have a high rating at this forum, the information you are sharing with others is great, complete and excellently researched. 

 
You must log in or register to reply here.
Drugbuyersguide Shoutbox
  1. P @ Poppycock: @kemdawg99 hey yeah that would be great if you could! Can we private message?
  2. kemdawg99 @ kemdawg99: @tiquanunderwood where do you get those mags?
  3. kemdawg99 @ kemdawg99: @Poppycock
  4. kemdawg99 @ kemdawg99: @Poppycock depends on your DOC you're using, how much etc. I can give you an estimate to start at w/ more info
  5. P @ Poppycock: Not sure if allowed to ask, but does anyone know a starting dose for SR-17018? Looking to use for chronic pain. Also read it can potentially reverse some opiod tolerance??
  6. tiquanunderwood @ tiquanunderwood: *LGD3303
  7. tiquanunderwood @ tiquanunderwood: Been using AAS for awhile. This SS3303 is fucking wild. Potency equivalent to Superdrol but leaner.
  8. P @ peyton123: Cal told me Hes taking a step back
  9. Thoth @ Thoth: What happened wit CalFresh??! We can’t be losing be people we gotta stay strong as a community
  10. Thoth @ Thoth: Everybody cool out there? I seem to be having issues with my go to pie easy as 1, 2 3
  11. tiquanunderwood @ tiquanunderwood: :( calfreesh
  12. LatsDoodis @ LatsDoodis: Yeah, lots of people don’t have a team and this season had some players put on the bench with some nasty fouls charged by the people watching with courtside seats. I know he was nearly assigned some state-subsidized housing but walked off the court on his date all alone, beat himself off, too. But with home security incident and other players getting thrown out the game for having too much screen time here and elsewhere, he must have just needed to quit the game and not get captured in the love
  13. S @ Soameguy12: Ooops lol not the search bar
  14. xenxra @ xenxra: @necromedic just poking fun at mamma censoring ass lol
  15. O @ oh be g: Seems like a lot of our guys are taking a vacay. Anyways. Good morning!
  16. N @ necromedic: 🔥
  17. R @ redbeard112: sad for the community :(
  18. Admin @ Admin: He decided to step away for awhile
  19. R @ redbeard112: wait did calfresh retire?? i can't find his thread anymore?
  20. N @ necromedic: What am I talking about? Of course you can.
Back
Top