What is the best platform for quickly purchasing bitcoin?

163 viewsEducation

What is the best platform for quickly purchasing bitcoin?

What is the best platform for purchasing bitcoin quickly, without a long verification process, and with relatively low fees? I have been using Coinbase for years now but I am finally fed up with their convoluted terms, long waiting periods (that they barely even forewarn you about), giant transaction fees, and their seemingly random decisions to block my transactions or “freeze them for further review” that last days to weeks at a time.

I tried to make a moderately large transaction the other day and there was simply no way to get it done. I was tying to buy $600 worth of bitcoin and Coinbase told me the “transaction cannot be completed because of suspicious activity,” despite the fact that I was using the same completely verified account on the same IP address I’ve been using for years. I tried again later about ten times and received the same message every time. What are some alternatives that won’t put me through all of this? Preferably an alternative where I can quickly buy and send btc via my bank account or debit card. Security and verification processes don’t have to be great because I won’t be holding any coins on the site’s account. Thank you for any help provided.

Sashitha ilepperuma Answered question August 19, 2024
0

I’m guessing you’re from the US and I think (as far as I can tell) banking transactions are pretty slow there? If not you could try using a form of faster payments with coinbase pro (Pro.coinbase.com) using your normal account. I haven’t received any problems with suspicious activity blocks or similar (not sure why).

Atms or some non kyc exchanges are probably a good second bet but sites like bisq limit you to $250 deposit until your account has grown afaik.

Sashitha ilepperuma Answered question August 19, 2024
0

I just want to add this to the above suggestion.

If you want to buy bitcoin without KYC, the other option is to buy Bitcoins directly on Bitcoin ATMs.

The fees maybe around 8.93%(According to Google). This doesn’t need any verification to buy bitcoins.
And this is the only fastest way if you are near on Bitcoin ATMs.

Joan Husk Answered question August 19, 2024
0