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Strategies & Market Trends : Bitcoin -- Ignore unavailable to you. Want to Upgrade?


To: zax who wrote (434)12/19/2017 11:02:56 PM
From: Glenn Petersen2 Recommendations

Recommended By
Stock Puppy
zax

  Respond to of 963
 
Good luck.

Strap in.




To: zax who wrote (434)12/19/2017 11:31:53 PM
From: Elroy  Read Replies (1) | Respond to of 963
 
I've never used Binance.

I trade on the Waves Decentralized Exchange (DEX). Commissions are super low (I think it's 0.003 Waves per trade, with one Wave now at about $15). So ... pennies per transaction.

But the Waves DEX doesn't have the variety of cryptos that the major exchanges have. No IOTA on Waves DEX as far as I know.

Moving Bitcoin around the network is ridiculously expensive. So once you're set up on an exchange it's probably best to stay there. Sending Bitcoin somewhere often seems to cost $10 to $20 per send - completely nuts.



To: zax who wrote (434)12/20/2017 5:42:43 PM
From: gg cox  Respond to of 963
 
This is how bitcoin trade goes on local bitcoin...through bank deposit,, usually with 240 minutes to complete.

Message 31369412



To: zax who wrote (434)12/21/2017 8:37:49 AM
From: SGJ  Respond to of 963
 
Coinbase has high fees if you buy with a credit card, but I'm just not prepared to link a real bank account to my discretionary learning exercise.

I had the same concern. Opened a new Chase savings account for that purpose. Totally independent from any other account I have. You only need to keep $300 in it to avoid fees. Accessible online.