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]]
 
==Medium to Large amounts==
 
The least expensive methods for buying bitcoins involve transferring funds using a bank wire, ACH, bank transfer (ACH, EUR / SEPA), or using [[Liberty Reserve]] even 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 ([[Dwolla]])<br />USD (ACH)<br />EUR (SEPA bank wire)<br />AUD (Bank wire)|| BTC<br />Liberty Reserve USD<br />USD ([[Dwolla]])<br />USD (ACH Direct Deposit)<br />EUR (SEPA bank wire) || {{Table Value Yes}} || Restrictions and limits on withdrawals.
|-
|  [[TradeHill]] || Market || BTC<br/>USD (bank wire)<br/>USD (Dwolla)<br />CLP (bank transfer)<br />PEN (bank transfer)<br />INR (bank transfer)<br />Liberty Reserve USD || BTC<br/>USD (bank wire)<br/>USD (Dwolla)<br />CLP (bank transfer)<br />INR (bank transfer)<br />Liberty Reserve USD || {{Table Value Yes}} ||
|-
|  [[Britcoin]] || Market || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || BTC<br />GBP (bank deposit)<br />PokerStars USD<br /> || {{Table Value Yes}} ||
|-
|  [[VirtEx]] || Market || BTC<br/>CAD (Interac, online bill pay)<br/> || BTC<br/>CAD (Interac, direct deposit) || {{Table Value Yes}} ||
|-
|  [[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).
|-
|  [https://www.virwox.com VirWoX] || Market || BTC<br/>SLL (Second Life)<br/>ACD (Avination)<br/>OMC (OpenSim)<br/>USD,EUR,GBP,CHF ([[PayPal]])<br/>USD,EUR,GBP (Credit & Debit cards via [[Moneybookers]])<br/>USD,EUR,GBP ([[NETELLER]])<br/>EUR (DIRECTebanking / Sofortüberweisung)<br/>USD,EUR,GBP,CHF ([[paysafecard]])<br/>EUR (SEPA bank wire) || BTC<br/>SLL (Second Life)<br/>ACD (Avination)<br/>OMC (OpenSim)<br/>USD,EUR,GBP,CHF ([[PayPal]])<br />USD,EUR,GBP ([[Moneybookers]])<br/>USD,EUR,GBP ([[NETELLER]])<br/>EUR (SEPA bank wire) || {{Table Value Yes}} || Trading through Second Life Linden Dollars (highly liquid). See [[VirWoX]] article for instructions on how to buy and sell bitcoins.<br/>Variable limits on PayPal and Credit Card deposits.
|}
 
==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
|-
|  [[Bitcoin Argentina]] || Fixed Rate || Cash: ARS, BRL, USD <br /> Bank transfer: ARS || No exchange fees!
|-
|  [[BitcoinExchange Services]] || Fixed Rate || Cash USD, MoneyPak, LR, MoneyGram, Western Union, Pecunix || Selling BTC/MtGoxUSD/LR - Will cash out to PayPal, MoneyGram, Western Union
|-
|  [[Britcoin]] || Market || GBP (bank deposit) || No charge for GBP deposits.
|-
|  [[Bitcoin Market]] || Market || USD (Liberty Reserve)<br />USD (MoneyBookers)<br />GAU (Pecunix) || Varies (person to person)
|-
|  [[BitMarket.eu]] || Market || EUR<br />GBP<br />USD<br>PLN (Polish złoty)<br>RUB || Varies (person to person)
|-
|  [[Bitcoin.com.es]] || Fixed Rate || EUR (bank deposit) || Bank transfer or cash deposits at OpenBank in Spain.
|-
|  [[Bitomat]] || Market || PLN (bank deposit) || No charges
|-
|  [[Nanaimo Gold]] || Fixed Rate || USD (Liberty Reserve)<br />Western Union money transfer<br />Moneygram money transfer<br />Cash in the mail || LR <--> Bitcoin exchange is automated<br />For cash in the mail send USD, EUR, CAD, or GBP.  Canada mailing address.
|-
|  [[Bitcoin Brasil]] || Fixed Rate || BRL (Brazilian Real)<br />USD || Cash exchange
|-
|  [[Bitcoil]] || Fixed Rate || ILS (Israeli New Shekel)|| Payment via bank transfer.
|-
|  [[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 || Cash, check or money order through the mail || U.S. mailing address for cash transactions.
|-
|  [[bitcoin.local]] || Directory || Varies (person to person)
|-
|  [[bitcoin-otc|#bitcoin-otc]] || [http://bitcoin-otc.com/vieworderbook.php 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.
|-
|  [[Ubitex]] || In person exchange || Varies (person to person)
|}
 
==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]]
* [[Secure Trading]]
* [[Comparison of exchanges]]
 
[[Category:Exchanges]]
[[Category:Introduction]]
[[zh-cn:购买bitcoins]]

Latest revision as of 17:09, 18 September 2014

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