Sell bitcoins okpay fees

sell bitcoins okpay fees

As a default, we offer a cryptocurrency price which is the average ask price between Coinbase, Bitstamp, Bitfinex. For more flexibility with Bitcoin rate click. And I was wondering if our fee it is reasonable, We accept Perfect Money,OKPAY,Bitcoin,Payeer,to deposit and withdraw low as 1%fee. Cover Photo: Easyway to Bitcoin Buy & Sell's photo, with caption 'BTC 24/7 AND BUY & SELL YOUR BITCOIN ACCEPT PAYMENT PEFECTMONEY (PM) OR OKPAY USD/EURO. ANTWALLET CRYPTOCURRENCIES Sell bitcoins okpay fees ins cryptocurrency reddit

1TH BITCOIN MINER

Fees to the exchange Sometimes market makers pays less fee than market takers - sometimes it's opposite on Localbitcoins market makers pay the full fee. Arbitrator fee - on peer-to-peer-platforms Bisq where arbitration may be needed, one may have to pay a fee for that. Spread - on any exchange there will be a difference between the bid and the offer.

If you need to buy bitcoins instantly, you will have to cover the spread. On the exchanges with highest volume, the spread will anyway be insignificant compared to the volatility. Currency converting costs. YMMV, but for me this is a relatively significant and a somewhat hidden cost of sending fiat to an exchange. The exchange typically don't do trades in my local currency, and my bank gives me a pretty bad exchange rate when I send money to the exchange.

Even meeting up with other people to trade cash may be costly wrg of transportation costs and time taken. Time is money - spend hours searching for the cheapest offers, and how many dimes did you save on it? And how much did the bitcoin market value rise while you were searching for it? Bankruptcy - as for the centralized exchanges this is probably the biggest risk - one day you send money to the exchange, the next day the exchange is gone.

It does happen from time to time. Funds on a centralized exchange being frozen for other reasons. Your funds may be frozen for a variety of reasons - it does happen from time to time. Bitcoin transactions getting stuck. Not so much an issue when transferring from the bigger exchanges, but due to the block size issue a transaction may stay pending for arbitrary long if it appears the transaction fee was too low.

I have personally experienced twice that a transaction from an honest seller using "wrong" wallet software was timing out after 72 hours. This became less of an issue in late , as the default timeout has been increased to two weeks and because there is more often periods with idle capacity in the blockchain.

Money lost or stalled due to other technical issues - seldom an issue, but if using a "shitty" exchange it may happen. Simple scams mostly an issue if buying or selling bitcoins to random strangers without a proper escrow system in place. Some payment methods are also reversible particularly credit card payments and paypal payments or easy to fraud. Fake exchange scams mostly an issue when selling btc ; there exists several sites looking like legit exchanges, except they will just eat up your bitcoin if you transfer btc there.

It has also happened that an attacker has managed to highjack the DNS entry and get a valid SSL certificate for the exchange openledger. Money laundring; lots of the money in circulation comes from criminal sources, and you may become suspected of money laundry.

This may cause your funds to get frozen on centralized exchanges. This may cause troubles with law enforcement if trading peer-to-peer. Laws may vary between different jurisdictions, unless it ought to be obvious that the money comes from criminal sources you generally should be on the right side of the law, but having to spend time answering questions from the police is still within my definition of "trouble".

Some banks may even decide to freeze your account just because you're sending money to the exchanges. Third party scams; mostly an issue when selling bitcoins anonymous money for bank deposits trackable money , not so much when buying bitcoins - a fraudster tricks a victim or gains unauthorized access to the bank into sending money to the bitcoin seller, and tricks the bitcoin seller into sending bitcoins to the fraudster.

The victim gets angry with the bitcoin seller i. Outright robbery - may be a risk if doing cash trades I've encountered some attempts on robbery myself when doing cash trades , especially when appointing meetings with random strangers in dark alleys, or if counting bigger amounts of cash on a public place with the wrong person watching. If you expose that you have a lot of bitcoins i.

Software bugs and malicious software; can you trust the wallet software, etc? How to tell that i. Bisq does it's job, without any severe bugs causing bitcoins to be lost? Other answers here are focusing on the best or cheapest exchanges. I'll skip that and try to make an overview of alternative market places:. Bitsquare is a free and decentralized market place, it comes with a good escrow protection. It does have some drawbacks though:. You will eventually need to cover banking fees, and the bitcoin transaction fees will be higher than normal due to the complexity of the escrow transactions.

Note: the author haven't tried Bisq for quite some time, the information above may be out-of-date. The IRC channel bitcoin-otc on freenode is also place where it's possible to trade coins with no middleman taking commissions. I've never tried it though. The mycellium wallet android has a cash-transaction built-in marketplace which is as for now without any fees - but if it ever becomes popular, the Mycellium team may decide to slap a fee on it. During the last year, I've gotten close to 0 trades through the Mycellium platform, so I've given it up.

Com LBC is an unlikely candidate on this list - but still, the fee is not mandatory to pay, one can "sneak" away from it, without violating the ToS. If you search for offers on LBC, you will most likely find that there is a relatively big gap between the offers and bids.

If you don't need to buy bitcoins immediately, you can "turn the table" and put out your own "i buy bitcoin"-ad. I haven't tested it though, don't even know if it has fee structures. Some Chinese exchanges don't charge a fee. Any site that has possession of your bitcoins or dollars means there is at least some risk of getting ripped off.

There is no middle man for using Bitcoin. If all your income and expenses were in Bitcoin, the transfers would have negligible overhead. But what you are looking for is a service that will take your government currency and give you bitcoins. Of course such a service has costs involved. There are several big exchanges where you only need to trust the exchange itself rather than your counterparty Bitstamp, Bitfinex, Kraken etc.

Alternatively, you can try your luck finding someone who wishes to sell, and buy directly from him without any fees involved. But in all likelihood, that's not worth your time. Note that the overhead is caused primarily by the government currency side of the equation. In essence, if you were to trade one cryptocurrency for another, that could be done with much less risk and costs using atomic trades etc. Edit July These sites, even all this thread could be outdated.

My opinion some years later has changed. The fees are relatively cheap from 0. Ask yourself what is more important, warranty vs free-charge. Remember, these exchanges are your 'middle man'. At least we all trust our banks, don't we? Yet for some reason they're not interested. Sign up to join this community. The best answers are voted up and rise to the top.

Stack Overflow for Teams — Start collaborating and sharing organizational knowledge. Create a free Team Why Teams? Learn more. Is there any way to buy bitcoins online without a fee? Ask Question. Asked 6 years, 5 months ago. Modified 3 years, 8 months ago. Viewed k times. But I thought the big advantage of bitcoin was no middle man. Hence I assumed no fees. Can I buy bitcoins anywhere without a fee? Can I buy bitcoins anywhere with 0 risk of getting ripped off, as in a flea market?

Can I get both positive things in one place ideal? So for small buys ok; large buys, it adds up! Improve this question. Unlike Bitcoins, price of which can go up and down throughout the day, BTC-e codes have fixed price and can be compared to redeemable vouchers. With this code you can choose great time to buy Bitcoin at the best price!

The best deal on unichange. What we offer? We offer the lowest fee and we even pay you bonus if you buy over 20 USD!!! Service Fee You send You get btc-e. Thank you for using our serivce, stay with us and enjoy being our customer! Dear customers! Best regards, Unichange. In connection with high interest of our customers in Bitcoins, Unichange. Now this is possible to sell or exchange Bitcoin on unichange. Right after your transaction gets 6 confirmations and amount is reflected in our account, BTC will be sold automatically and amount of the order will be updated.

It may take up to hours. After your Bitcoin is sold your order will be completed. It takes 1 business hour usually min for order processing for most exchange directions. Should you have any questions please do not hesitate to contact our Support team. We will ge glad to answer all your questions. Funds arrive to the card in business days. Should you have any questions please contact support team! Order is completed in less than 1 business day. Good news! New 38 exchange directions are open on unichange.

Check how fast and convenient you can buy sell or exchange the most popular cryptocurrencies! Unique offer from unichange. Unlike BTC-e trading platform we do not charge additional fees as Unichange. Save your money: Fees to buy e-currency using [censored] are still the lowest on the market!

Save your time: It takes 1 business day usually business hours to complete orders with [censored] , instead of waiting business days for bank transfer to arrive! Also you need to put in memo of your order system name that you chose for transfer.

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