Bitcoin (cryptocurrency)

[markstephenhickey]

Anyone advise the best platform fee wise to buy into Bitcoin? Thanks all.

 

[Wafty Cranker]

Anyone advise the best platform fee wise to buy into Bitcoin? Thanks all.

I've not used it, but Binance seems one of the best for fees.

Most cryptos are rallying at the moment. If it's for an investment, Cardano is worth a punt in my opionion.

 

[markstephenhickey]

I've not used it, but Binance seems one of the best for fees.

Most cryptos are rallying at the moment. If it's for an investment, Cardano is worth a punt in my opionion.

I’ve jumped onto Coinbase and I’m looking into XRP at the moment, will have a look into Cardano now.

Pretty much a gamble to see who will be the one to sit alongside Bitcoin isn’t it?

 

[Wafty Cranker]

I’ve jumped onto Coinbase and I’m looking into XRP at the moment, will have a look into Cardano now.

Pretty much a gamble to see who will be the one to sit alongside Bitcoin isn’t it?

Nobody knows really. There is definitely room for other coins alongside Bitcoin, as Bitcoin is slow processing transactions so it's ultimate use is more than likely to be a store of value, hence it gets referred to as digital gold.

Cardano is set up by one of the founders of Ethereum, and it has a decent team behind it. I think as they made a fortune from Ethereum they have been able to take their time with research and development of Cardano. It's not been rushed. It's not yet on Coinbase, but is due on later this year.

 

[markstephenhickey]

Nobody knows really. There is definitely room for other coins alongside Bitcoin, as Bitcoin is slow processing transactions so it's ultimate use is more than likely to be a store of value, hence it gets referred to as digital gold.

Cardano is set up by one of the founders of Ethereum, and it has a decent team behind it. I think as they made a fortune from Ethereum they have been able to take their time with research and development of Cardano. It's not been rushed. It's not yet on Coinbase, but is due on later this year.

I will keep my eye out! While some of these crypto’s are cheap I don’t mind having a little gamble.

 

[zerox]

just a heads up for people.

Coinbase have an interface to make it easy for beginners to buy bitcoin.
They also have an exchange called coinbase pro

When you join Coinbase, you automatically join coinbase pro.

Always, always, when buying your bitcoin use the coinbase pro.

It is a LOT cheaper fees on Coinbasepro,

Simply because Coinbase is simply a simple gateway for newcomers.

 

[Didsbury Dave]

just a heads up for people.

Coinbase have an interface to make it easy for beginners to buy bitcoin.
They also have an exchange called coinbase pro

When you join Coinbase, you automatically join coinbase pro.

Always, always, when buying your bitcoin use the coinbase pro.

It is a LOT cheaper fees on Coinbasepro,

Simply because Coinbase is simply a simple gateway for newcomers.

I buy with Coinbase through an app on my iPhone. What can I do to get them cheaper?

 

[zerox]

I don't have phone let alone an app.
I can tell you if you buy 500 worth on coinbase you pay £15 fee plus 0.5 percent of the bitcoin cost.

On coinbase pro there is no £15 fee, just the 0.5 percent

 

[Didsbury Dave]

I don't have phone let alone an app.
I can tell you if you buy 500 worth on coinbase you pay £15 fee plus 0.5 percent of the bitcoin cost.

On coinbase pro there is no £15 fee, just the 0.5 percent

It has its own app which I’ve just downloaded. Thanks mate.

 

[Packrat]

Do you sell your bitcoins thru the same place you bought them?