Looking to purchase some coins from a buyer, every week. Rm 50 minimum purchase each week at market price.
Anybody?
Bitcoin and other Cryptocurrencies v2
Bitcoin and other Cryptocurrencies v2
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Mar 18 2017, 09:42 AM
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#1
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Senior Member
1,371 posts Joined: Jun 2008 |
Looking to purchase some coins from a buyer, every week. Rm 50 minimum purchase each week at market price.
Anybody? |
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Mar 18 2017, 04:25 PM
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#2
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1,371 posts Joined: Jun 2008 |
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Mar 20 2017, 08:17 PM
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#3
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Terrible liquidity and prices on xbitasia and luno...
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Mar 20 2017, 09:22 PM
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#4
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QUOTE(kmarc @ Mar 20 2017, 08:39 PM) Yeah, not to mention the premium of buying MYR to BTC. Now I can't seem to get a good price in localbitcoins or remitano. Yup, xbitasia is dead while luno has sky high prices Also the hassle of selling bitcoins/altcoins to convert to MYR....... Yup, that's the main problem, "in Malaysia, your choices are severely limited". Luno too? So bad...... This post has been edited by 1wildcat1: Mar 20 2017, 09:25 PM |
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Mar 20 2017, 11:45 PM
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#5
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QUOTE(kmarc @ Mar 20 2017, 10:14 PM) Nice! Hope to see some movement on ETH and LTC. Both lbc and remitano has crap prices too... sighOn Poloniex, someone is lending out 175k ETH at 0.0001%!!??!! I can't even lend out my ETH. Wonder what's going on? Shucks. Looks like I have to stick to localbitcoins and remitano for now. |
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Mar 21 2017, 10:38 AM
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#6
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QUOTE(wengherng @ Mar 21 2017, 10:27 AM) I've never used such peer to peer exchanges before, how does it work? You initiate the trade, the seller will give you his details. Which then you will bank in the amount with a specific reference code that is provided. After that, you click payment paid and the seller would check and release the coins.Do you have to transfer the money to the seller first before they transfer the coins to you? Or does Localbitcoins function as an escrow company? All coins will be in escrow. Around early January to early Feb, LBC had coins at around 1-2% higher than market price... something changed and it's like 7-8% now which is ridiculous |
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Mar 22 2017, 10:52 AM
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#7
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1,371 posts Joined: Jun 2008 |
Sellers selling at market price for now on xbitasia, that's good news! Hope it lasts.
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Mar 22 2017, 03:26 PM
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#8
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QUOTE(kmarc @ Mar 22 2017, 03:25 PM) Nice! Now the inconvenience of transferring money over, emailing them the proof and waiting 2 business days. Inconvenient! If you email them during the day via the support button on the website, they credit pretty quickly. My experience has been less than a business day! |
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Mar 24 2017, 07:46 PM
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#9
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QUOTE(kmarc @ Mar 24 2017, 07:30 PM) Interesting. Makes ETH more valuable. Ok ok let me buy some ETH..... (checks ETH prices)..... WHAT??!!??? USD 46.8!!!!! ETH always like to do that to me. Lots of sellers and buyers on luno, but at a much higher than market price. So not very attractive to me.Personally, I think it will be worth it but you need to be prepared to lose the money too if it doesn't work out. Thx thx. Hope everybody can contribute if any other info. Thx. Oh, so Luno is good? I thought liquidity was a problem? Mind sharing how it works so that wengherng can update the info on Luno? In search of good prices, I might even try out Luno. See how.... |
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May 7 2017, 02:36 PM
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#10
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May 27 2017, 05:15 PM
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#11
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Anyone else frustrated that Malaysia doesn't have any reliable exchanges that do not charge a premium vs world price for Btcs?
And sellers here refuse to sell when prices drop and only sells when prices rise as well... ahem. |
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May 27 2017, 05:39 PM
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#12
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QUOTE(WooTz @ May 27 2017, 05:33 PM) Gemini is by far the Michelin standard in terms of customer support, uptime and trading rates. I've heard so much great things about Gemini from eth trader but I don't know anybody with a bank account in SG. You got any plugs?They offer BTC/USD, ETH/USD and ETH/BTC pairs. And virtually no limits on deposits and withdrawals for international traders. They're so good, you can actually trust them with some of your coins permanently parked there. Seriously, if you know someone living in SG, ask/hire them to be your proxy, it's really good. |
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May 30 2017, 12:39 AM
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#13
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QUOTE(zamans98 @ May 30 2017, 12:17 AM) USDt is same like Paypal or Neteller in a digital form, so you exchange your FIAT dollar to digital dollar. What's the wiring fees usually?Tether ---> http://tether.to/ So open account with them, get verified. Then Wire your fund into this your account here. u can open EURO, USD and YEN. MYR is not supported. Then you can spend your USDt to many exchange https://www.bitfinex.com/ https://www.cryptopia.co.nz/ https://poloniex.com/ https://shapeshift.io/ https://www.kraken.com/ I'm using POLO as an example. They don't allow WIRE incoming, so use alternative which is USDt. Debit your tether wallet, credit your polo USD account. So TL;DR CIMB/Maybank --> Tether Wallet (Wire deduction etc) --> POLO (no charges) ---> buy BTC ---> sell BTC --> get dollar (USDt), then sent back to your Tether Wallet (Charge 1$ per transaction) Tether to POLO and vice-versa transactions takes as fast as BITCOIN transfer. Because it is using OMNI layer protocol. Question led to answer by Tether. Since they PEGGED their USDt to USD, why there is big movement breakdown in USDt? It should be always 1:1 (~ +/- few percentage is normal) |
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May 30 2017, 02:43 AM
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#14
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QUOTE(zamans98 @ May 30 2017, 12:55 AM) local wire fees: depending on your bank. HSBC is usually cheaper. Public Bank charges Rm30 + FX Thank you! Really appreciate it. No more ridiculous overpriced sellers.US side they deduct 20$ to $35 [last check, depending on the receiving bank that Tehter provide to you] Do not cash out from Tether wallet, just transfer to POLO or whatever exchange, then buy BITCOIN ---> sell locally. its cheaper and faster, plus u may gain on BTC price movements. U can trade arbitrage with Tether but not worth the time. BUY cheap at POLO, sent to your Bitfinex. Liquidate there, transfer back to Wallet. then from wallet back to POLO and repeat. |
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