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someprimetime


Total Posts: 15
Joined: Jul 2018
 
Posted: 2020-05-13 15:36
Coinbase is nice and friendly to noobs and provides a nice fiat onramp.

The problem is they are increasingly raising their fees.

If you don't trade, not such a huge deal, but even so, it still adds up. Decentralized (low/no fee) exchanges are (well, SHOULD) be the future, but we're a long ways away from that.

NeroTulip


Total Posts: 1074
Joined: May 2004
 
Posted: 2020-05-13 16:23
I've checked out Itbit and Gemini, which look decent... Any thoughts on these?

"Earth: some bacteria and basic life forms, no sign of intelligent life" (Message from a type III civilization probe sent to the solar system circa 2016)

someprimetime


Total Posts: 15
Joined: Jul 2018
 
Posted: 2020-05-13 19:12
Itbit = never heard of it

Gemini = run by the Winklevoss twins. UI is simple, but their customer support is not good. I actually had a wire returned to my bank from Gemini because it didn't match the same account I signed up with. Coinbase has gotten a lot of crap in the past for having bad support, but they typically respond within 24 hours to any request (sometimes within 12).

jslade


Total Posts: 1209
Joined: Feb 2007
 
Posted: 2020-05-14 16:28
All the US based crypto exchanges have weird compliance issues where some risk officer shits his pants over the latest SEC non-guidance and every move the company makes suddenly turns into visions of him and the CEO going to jail. Usually it gets solved after a few months by sending him back to the shithole back office where he belongs. Or adjusting his meds. Unless you're trading small potatoes, you should have someone's phone number at the exchange to circumvent such issues.

Gemini, IMO, is one of the better run exchanges in the US. Coinbase Pro not as good, but still good. Bittrex bad stack, but well run.

Itbit is some singapura thing with no liquidity to speak of.


"Learning, n. The kind of ignorance distinguishing the studious."

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-05-14 18:55
@nikol I use localcoins too. If I could meet on the street and pay cash I would save for Covid now...!

All the soul of man is resolution, which in valiant men falters never, until their last breath.

Kitno


Total Posts: 491
Joined: Mar 2005
 
Posted: 2020-05-14 18:55
@nikol I use localcoins too. If I could meet on the street and pay cash I would save for Covid now...!

All the soul of man is resolution, which in valiant men falters never, until their last breath.
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