Quote:
Originally Posted by bef99hwk
Can anyone message me or skype on how to get bitcoins on here, or betcoin? I've opened a blockchain acct, an exmo account, and now lost on opening a safe processor option. How in the world are there any fish playing on these sites when the process is such a hassle?
For buying bitcoin I'd recommend Coinbase or Circle... with a slight personal preference of Circle.
If you use a credit card you can get the bitcoin instantly, although there is an extra fee. If you want to use your bank account they hold your bitcoin for a couple days until the ACH transfer gets there.
Setting it up is just like any other e-wallet type site - you give them your routing numbers and they make a couple small deposits in to your bank account. You verify the amounts and then you can make your purchase.
After you verify your account I think Circle will release up to $100 worth instantly even on a bank purchase.
Once you have your bitcoin you send it to a new address you create on Blockchain, and from there to SwC. You're doing that extra step to avoid making direct transfers between Coinbase/Circle and SwC.
So the process will be:
Buy on Circle -> Send to Blockchain -> Send to SwC
To withdraw and convert to dollars you just do the reverse:
Withdrawal from SwC -> New Blockchain address -> Circle
I know that it can seem confusing and like a hassle at first, but it really is pretty simple and easy once you actually do it.
Last edited by EndTheFed; 04-10-2015 at 02:03 AM.