Buying bitcoins: Difference between revisions

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One issue currently facing a newcomer to bitcoin is, how do I get some? While there is the [[bitcoin faucet]] that can get you started with a small fraction of a coin, when getting larger amounts the user faces an abundance of choice. This page will cut through the clutter, and help direct you to the right exchanger for your needs.
#redirect [[Trading bitcoins]]
 
==Large amounts==
 
For large amounts of bitcoin (USD 1000 or more), you probably would get the best rate if you deposit funds via bank wire, ACH, Euro bank transfer, or via [[Liberty Reserve]] into a major exchange.
 
{| class="wikitable"
|-
| Exchange || Type || Adding Funds || Withdrawing Funds || eWallet || Notes
|-
|  [[MtGox]] || Market || BTC<br/>Liberty Reserve USD<br />USD (bank wire)<br />USD (ACH)<br />EUR (bank wire) || BTC<br />Liberty Reserve USD<br />USD (ACH Direct Deposit)<br />EUR (bank wire) || {{Table Value Yes}} || Restrictions and limits on withdrawals.
|-
|  [[Britcoin]] || Market || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || {{Table Value Yes}} ||
|-
|  [[Bitcoin Central]] || Market || BTC<br />Liberty Reserve USD<br />Liberty Reserve EUR<br />EUR (bank deposit)<br />Pecunix || BTC<br />Liberty Reserve USD<br />Liberty Reserve EUR || {{Table Value Yes}} ||
|-
|  [[BitcoinUSA]] || Fixed Rate || BTC<br />USD (ACH Debit) || BTC<br />USD (ACH Direct Deposit) || {{Table Value Yes}} || Requires physical mailing address verification, photo ID.
|-
|  [[Btcex]] || Market || BTC<br />USD (international wire)<br />EUR (bank transfer)<br />JPY (bank transfer)<br />RUS (RUB, Yandex, WebMoney) || BTC<br />USD (international wire)<br />EUR (bank transfer)<br /> || {{Table Value Yes}} || USD handled in Switzerland.<br />EUR through Finland (SEPA)<br />RUS (RUB, Yandex, WebMoney).
|}
 
==Small amounts==
 
For smaller amounts, the options are limited due to bank transfer fees, conversion fees and transaction size restrictions. Options include:
 
{| class="wikitable"
|-
| Service || Type || Payment Method || Notes
|-
|  [[CoinPal]] || Fixed Rate || USD (PayPal) || For purchases of small lots of bitcoins
|-
|  [[Britcoin]] || Market || GBP (bank deposit) || No charge for GBP deposits.
|-
|  [[Bitcoin 4 Cash]] || Fixed Rate || Cash in the mail || Send USD or CAD. Canada mailing address.
|-
|  [[Bitcoin2Cash]] || Fixed Rate || Cash in the mail || U.S. mailing address.
|-
|  [[Bitcoin Morpheus]] || Fixed Rate || PayPal<br />Cash in the mail || 7-day delay for PayPal transactions.<br />U.S. mailing address for cash transactions.
|-
|  [[bitcoin.local]] || Directory || Varies (person to person) ||
|-
|  [[BitcoinUSD]] || Order Book || Varies (person to person) ||
|-
|  [[bitcoin-otc|#bitcoin-otc]] || Order Book || Varies (person to person) || IRC trading marketplace will usually have people willing to deal for small and larger amounts using various payment methods, including [[PayPal]], [[Dwolla]], [[Linden Dollars]], etc.
|}
 
==eWallet==
 
Some [[:Category:Services|services]] hold your bitcoins in an [[eWallet]] and provide funding methods.
 
* [[YouTipIt]] Add funds with PayPal.
 
==See Also==
 
* [[:Category:Digital_currencies|Digital Currencies]]
* [[Selling bitcoins]]
 
[[Category:Exchanges]]
[[Category:Introduction]]
[[zh-cn:购买bitcoins]]

Latest revision as of 17:09, 18 September 2014

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