{crypto exchange guide}

50 posts

+103.5 votes

pinned

by Gouldy

Buying Bitcoins

-0.2

pinned

by Gouldy

Buying Bitcoins

There's plenty of room for opinion that's what the comments are for :)

best overall exchanges
eu
kraken

uk
bittylicous

us
kraken

worldwide
coinmama

+6.2

Shroom Of The Loom 9.7/10

https://littlebiggy.org/link/yjWADV

Hello everyone,
I made a topic with up-to-date, non-KYC, anonymous options to purchase Bitcoin and other cryptocurrencies. Hopefully this can help a few people purchase crypto with less hassle.

SOTL

+4.8

cheeching

Seems I can only buy £100 at a time now on coin base….wtf ! If there is more of a crackdown , whats the alternative…..if we can’t use BTC?…what is LB going to do to deal with these changing times

+3

Backwoods1999

Try to make a purchase and ur limit willl increase (just don’t fully put the payment threw)

+1

cheeching

Seems to not be the case anymore. Coin base is working for me for the time being

+4

2Stoned2Care

I use revolut as my only bank account. no need for a physical bank account,because i have a mastercard with them,all my earnings are paid into revolut,and did not need any photo id.I buy my bitcoins from them and then transfer them to my exodus wallet.fees are really low also :)

+1

dt52770

I have used Revolut for purchasing on here before but now it’s asking for a recipients name? Do I need to get an exodus wallet like you?

+1

Ladycoconut78

Is Exodus an Apple only product? Not seeing it in Play Store.

Possibly just blind

+1

Nawty Geezer

I have ran Exodus on macs and windows

+0.5

RobDj79

Do I need to send to a wallet with Revolut? I've just opened an acc just to buy btc 🙃. Can I send straight to vendor?

+3.2

GnuBoarder

I’ve done same w/ Coinbase - bought bc & sent straight to vendor. I do have a Coinomi wallet but haven’t used in ages. Only concern is I haven’t submitted a wallet address in case of dispute/refund. Don’t know where to do that, I’m little new to LB/Transaxe & unfamiliar w/ the proper process. Any advice from others would be appreciated

+1

ReefLostCause

never send straight to vendor, get a bitcoin wallet

+2

Backwoods1999

Why? Does anyone official actually care about 2dbp? Unless it large selling qualities

+0

ReefLostCause

yeah your bank!

+0.8

Nintendogameboy

Why should I not send straight to the vendor

+3.8

Redcowie81

I have a wallet with coinbase can I us this to send bitcoin to vendors on lb

+5

bpwmemmott

I use coinbase with no issues whatsoever

+2

robbz1990

Yes I normally use coinbase to send to sellers

+1

Upton user 120

I use it ... it works but transactions are traceable back to me ... so not anonymous.

+3

jayspadez 8.2/10

Anything other than blockchain, right bunch of pisstakers they are

+2

TazToker

They've stopped allowing BTC purchases from the UK

+2.8

ReefLostCause

Does anyone use Paxful? theres sellers who want paypal as payment method and i'm wondering if its legit? the exchange rate is 99% on some offers that would save me a lot of money as i have no ID and being using coincoupon at £15 fees for each buy!

+3

Bonjela88

Yeah paxful is good to buy from just buy from sellers with lots of good reviews as some want more money than you sent nd agreed upon but it is overall good

+3

de tok

It's a danger zone for sure but a very strong rep helps, take it slow

+2.2

aiqaramba

Holy cow - bitcoin is effing complicated. It's not just setting it up, it's all the fees that get added here and there. Wallet, exchange, verification - and then when you take the leap you discover a UK credit card purchase gets you a 24 hour cooling off. WTAF?
I guess it's just the first transaction but even so.
There should be a really simple guide here, step by step and list a few wallets and a few exchanges. So many searches to figure it out and going round in circles.
I was gonna recommend the thing to my mates but they won't have the patience.
Yeah sitting out my 24 hours now.

+1.2

aiqaramba

well I did it - all through Exodus, dunno if rates good or not but whatevs. Avoid Paybis, bank accepted it but Paybis rejected every time

+2.2

illirum

Btw. Ive been using the plain blockchain wallet for two years without any issues. Least hassle wallet Ive seen! And since I wont upgrade my OS on my mac its one of the few I can actually use. Just sayin, cause Ive seen how it is hated upon on the net. Guess its the competition that spread this lie.

+2

Tonynicho

When I try pay from my wallet its asking for a fee ,not letting me .tried all options. Any help appreciated

+2.2

pollypuff20

How much do you have in your wallet?….if it’s less than the total with fees it could throw up an error🤔

+3

Tonynicho

I didn't have enough in the wallet. Sorted it .thanks

+3

pollypuff20

Cool😎….hope you enjoy your order👍

+1

Hash60

Which bitcoin site to use

+2

illirum

Exchanges still cant beat the price of btc I get on localbitcoinsdotcom. The only hassle is I need to order btc and go to my local national financial agency and pay a money transfer slip with cash. Thats not a prob tho, cause the teller is a very nice looking woman :P And btc is in my wallet in 3-6 hours after I pay.

+2

Gunga Din

Can I ask, does 'local national financial agency' roughly translate to the Union in the West or something similar?

+3

illirum

It will depend on which country you are in. Look for the bank that is managing the most business in your region...

+5

Gjohal1

Seen this on one of the other platforms not sure if 100% correct but I would be wary of coinbase they are very intrusive closed my account a few months ago. They give details to HRMC depending on whether you’ve spent over the threshold limit.

+1

Ladycoconut78

Bustards charged me 35 dollars fee for sending. Was under pressure so had to accept. Good shout though

+1

Kingerlini

Closed my account last week too.

What do you use now? Cos this is ruining it for me right jow

+1

Gjohal1

Allrite I use bitpanda now so far so good no problems.

+1

Foxylady3

Does anyone use the app Bitcoin.com ?

+1

Worlddofwarcraftguy

Can someone help me. I’m struggling like mad, iv had my ID rejected at two different exchanges now. All I’m trying to do is order

+2

TeesideFella

I have the exact same problem, I open an account and send ID for verification but after days of waiting I get rejected. Really need to buy of LB but can not get around the BTC issue

+2

TeesideFella

Finally just got message from.coinbase that I am now verified, will try first top up in morning as I think fees should be less. Then Will make my first purchase of a Oz of hash from lb

+1

fishlord

Just gone to pay for an order and Bittylicious will only let me buy a MINIMUM of £100 worth of BTC. Anyone else experiencing this? I'm fully registered and have purchased before!

+4

Kalex

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Yes it’s for everyone, it’s because Bitcoin fees are through the roof at the mo and they are trying to negate the effects. They peaked Tues and seem to be dropping but not yet close to what everyone is used to - I expect it will be several days at least until they remove the restrictions

+0.8

robbz1990

Can you use binance to pay sellers?

+3

cmd92

You can, however the network fee for BTC is currently £21.... 😔

+1

Ladycoconut78

Given BTC has gone stratospheric then how might this woman go about buying goodies for Xmas?

+0

Sexydormouse

Ok so I want to buy Bitcoin I’m in the uk cex.io seems to say I still can and there’s money in my wallet but it won’t allow me to make payment with any method… is this because I’m in the uk? And is Paybis going to be any better if I open an account and does anyone have any idea if I can move what I have in the vex account over? Sorry but doing it the first time was hard and now I just don’t really understand the problem!

2 posts

+4 votes

pinned

by {crypto exchange guide}

Favoured Reviews Format:

+4

by clifton

New Crypto rules.How does it effect here?

https://www.dlnews.com/articles/regulation/uk-crypto-firms-told-report-user-transaction-risk-penalties/

+3

TWDuke

Hi clifton

I've repeatedly tried to warn biggas about this without being too explicit (not mentionning some Gov related keywords).

The way I've dealt wiht it is that I closed my Revolut account at the end of 2024 and am siting tight and watching what will happen next.

Some biggas could be in for mighty fines and big trouble.

Cheers

+3

ig88420

small time weed buyers using crypto will not be fined. The fines mentioned in the article are for the companies themselves. The regulations may make buying more problematic from Jan 2026 onwards. Peoples accounts may be restricted or suspended, but there will be no financial or legal difficulties for past buying behaviour.

+5

pollypuff23

I totally agree with this. We keep getting our knickers in a twist but there is no offence of buying weed online -offences cover possession and supply not crypto purchases for personal use. Sure companies can ask for more information about your transaction but I do not think they’re going to be able to check that information. My bank contacted me several times wanting to know about my small purchases of crypto. The first time I told them I was building a crypto portfolio. The second time I said I was buying medicinal cannabis. They said that’s okay we just need to make sure you are not being coerced or scammed. I really wonder whether anybody gives a shit about personal use by post.

+1

MightyRux

I bloody hope so, Pol!

1 post

+1 votes

by Cartmaster4

Phantom wallet

4 posts

+3 votes

by Weedy_DeeDee

Bit Panda Rejected my Transaction

+1

by Weedy_DeeDee

Bit Panda Rejected my Transaction

I tried sending some BTC for an order but got this email, does this mean they'll review all of my transactions from now on? Also what can I do to be able to buy on here? Thanks in advance.

+0

fishy

Just new regulations they have to follow, it's happening with all btc providers. There not going to be checking and reviewing every individual btc purchase. Have you definitely been blocked from buying btc

+1

Weedy_DeeDee

I have the bitcoin already in my account, I followed one of the other posts on here about sending bitcoin (Selected "Private Wallet" for wallet owner and put a random name as the name and copied in the wallet address given.

36 posts

+65.2 votes

by RobDj79

Struggling to find anywhere that doesn't require id

+1

by RobDj79

Struggling to find anywhere that doesn't require id

I've been sat here trying many different places to by Btc, most recommended on here but they all seem to require id verification somewhere along the line. I'm a noob so go easy on me please 😬
All I want to do is buy some with debit card with no messing about lol

+4

hoqwer

I use bittylicious. I can’t remember if they wanted ID or not to set the account up, it was years ago.

But you can purchase by BACS transfer to circumvent any restrictions your bank may have. Really quick and easy.

I don’t even have a wallet. I just transfer the exact amount directly into the vendors wallet through Bittylicious.

Even if they want ID, what’s the issue? Buying a bit of smoke or some shrooms on LB is hardly going to get you in any trouble, even if they ever managed to track you down.

+1

william.com

Same thoughts here, just stick your id in, do watch your spending on Revolut as there strict with watching accounts

+1

gypsum_fantastic

Depends who you are..

+3.2

URBANLEAFCO 9.8/10

Hey mate.

Try Hodl Hodl or local bitcoin there's no KYC on these. They're P2P platforms. The transaction fees will be higher though without showing ID!

Hope this helps, ULC

+1

RobDj79

Thanks proper flapping here as just found out my bank doesn't allow purchase of crypto either so even if I do swallow it and use id I'm buggered. All I want is to order 😩 😫 😪 tin is empty lol

+5

DrShroom 9.8/10

Just set up a monzo or revolut. Use that as a bridge between your high street bank and an exchange

+1

cheeching

Damn, which bank is that…

+1

Sangji

Skrill.
Need ID tho, but hey ho you've already gave then your back details ;)

It's simple after I'd verified.
Bank to skrill to vendor.

My bank also prohibitis buying crypto, skrill by passes this feature.

The new skrill is better, until last year i order for my to bypass the banks prohibition I had to use skrill, then coinmama, then bitwallet to pay the vendor.

but as said ID I needed, bit the bullet it's worth it :)

+2

RobDj79

Cheers dude. I managed to find a fairly easy way. I signed up for a revolut bank account. They let you buy crypto. Minimal fucking about especially for a technophobe like me

+4

British Bulldog 9.9/10

https://cryptopay.me/

Personally I'd recommend everybody gets a Crypto Bank account. Never any issues with transferring Fiat in both directions and exchanging for BTC is a doddle.

Plus you can use the Visa card just like you can with your high street bank card.

There are a few options but cryptopay I think is the best. Link above. Piece of piss to setup.

Cheers BB

+1

RobDj79

That revolut acc has crypto option 😍

+1

DrShroom 9.8/10

Oh I see you'd already done that hahaha

+1

Khuunntt

Revolut requires ID though no?

+1

cheeching

Yes

+1

Backwoods1999

How much do revelute charge to buy crypto say 100£s worth?

+2

Birding420

I use Blockchain. Was simple and fees are low. I did use Paxful but it was hell on earth.

+2

ReefLostCause

i think revolut require a selfie but not ID, great app to use as its basically just a bank account

+3

RobDj79

So simple to use to buy crypto. Opened the acc thurs got cad today pretty fast that tbf

+1

cheeching

Required ID when I signed up…

+2

BBDoom

https://www.simplex.com/buy-crypto

Without id fees are terrible, i've used this place a few times.

+2

winston

I use local bitcoins and some vendors on there don’t require ID. Happily use them a fair few times.

+2

RobDj79

Cheers will look at this. Like just said above just found out that neither of my banks allow purchase of crypto 🙄 😒 this noob has steam coming out his ears 👂 🙄 😳

+3

Birding420

I'm with Lloyds Bank and can still buy Crypto.

+1

Birding420

As an update, still no problems on blockchain with Lloyds Bank.

+1

Bud Wiser 53 9.6/10

I'm sure it was a fairly simple transaction when I bought my Bitcoin. I used Coinbase and my bank didn't give me any grief.

+1

Spacedhopper

I use exodus but Nat West Bank won’t let me buy bit coin I use a CC to buy it

+1

DrShroom 9.8/10

Did you get sorted?

+1

spookey42059

any chance you have a bitcoin atm in your area? its a quick and easy way of buying btc with cash, and its anonymous(no id required). you only need a wallet obviously, i myself use electrum and im pretty satisfied. the fees on the btc atm i use are quite high(5eu usually), but its worth it. less traces left behind

+2

basiorsan

apart from build - in camera and ID recognise systems, automatically connecting your face to wallet you choose - there is a Big Bro anywhere, Mate

+1

spookey42059

For me that's a far more viable option, as I can't even use my credit card to buy crypto cus any transactions are blocked by my bank. If covids around I guess you could mask yourself up if too paranoid haha. There's always some risk involved, at the end it's about the lesser evil man

+1

Daz123

Paybis, Changely,send Bitcoin direct to the vendor charges do apply but no id verification.Good luck bro

+3

ReefLostCause

never send bitcoin directly to a vendor bro, send to a free wallet first

+2

Daz123

Do you know of any free full custodial wallets please bro?

+4

ReefLostCause

i use exodus wallet, its free, never had a issue and you can also set your own transaction fees

22 posts

+39.8 votes

by RobDj79

Revolut

+0.2

by RobDj79

Revolut

Hi folks,
Have anyone else had issues transferring btc from their revolut acc to there btc wallet?
I've just tried to send btc and its telling me that the address is disabled.
I've messaged revolut and great help they are 🤣🤣
I had zero issues last week transferring to my wallet, wallet still has leftover btc in it from last week, bit annoyed 😑

+7.2

Essemcee

I send GBP from Revolut to coinbase rather than the BTC.
Given the exchange fees are cheaper on coinbase (they are sky high on Revolut btw) this method makes more sense, and Revolut do not scrutinise the transfer of fiat like they do crypto.
Made this mistake first time and had questions about transaxe wallet.
When I got it back, I did as above and have made probably 10 transactions this way with zero issues.
Recommend.

+2

Noor

I used my revolut account to pay by btc to LB twice in a month and now I've been sent email from revolut stating my account has been restricted until they investigate some transactions.

What do I say I they question the transactions to get account back to normal?

And next time what is the best way to buy from LB? I have coinbase account too.

Thank you. Am quite new to btc etc so a simply way would be great.

+6

Essemcee

I had the same thing. I simply responded that I had sent the coins to escrow for exchange which was not a lie.
I figured I could not deal with a 10 day account restriction every time whilst revolut questioned who I was sending to.
If you look on your coinbase app you will actually find that your account has a sort code and account number that you can deposit fiat currency into. You can do this as normal on your banking app as though you were paying a bill. You need your unique payment reference number as well which starts with CB.
This way you get better fees and do not get anybody asking questions when you move your crypto.
If you buy usdc on coinbase it is free too and you get free trades which you can use to convert to btc to save you the cb crypto purchase fee.
Hope this helps. Drop us a line if you struggle with any part of this.

+3

Gunitbiggy 10/10

Yeah same here and now that wallets blocked. They closed my account for 3-4 days and was very unhelpful in getting it fixed

+2

RobDj79

Update..... they've unrestricted my acc but my 2 crypto wallets are still blocked. Exodus wallet is now being used.... 3rd time lucky 🤞

+2

RobDj79

I'm fuming! They have restricted my acc and as you said they are less than helpful. That was the last of my money so can't even try a different route. Looks like I'm screwed then lol

+2.2

GenHub2.0 9/10

Seen a few people complaining about this from Revolut now. Wirex is a great new platform I’ve heard good things about it. It’s becoming harder and harder to secure a decent crypto wallet. Most have issues now 😞

+2

RobDj79

Fortunately it only took me 18hrs of constant mithering 🤣
I've seen people saying its taken days or weeks

+1

AsianAndy

That's rapid.

+1

Bennybe1

wirex is cool for some reason i cant write much LB blocks the post but its around 4% deposit instant withdraw too

+1

DrShroom 9.8/10

Always use a bridging wallet or two

+1

KickAss420

revolut temporarily block my account every time but usually only for about an hour. then I can do the withdrawal. you should delete the disabled addresses from your account and use a new wallet address for withdrawing to (generate a new one from the official bitcoin wallet app) also though it costs more by withdrawing to your own wallet first, it's harder and less likely to be scrutinised than sending directly to a transaxe provided address.

+1

Noor

Thank you
I had put them in as a contacts on my revolut when purchased from LB. If I delete them and next time wish to order , using my revolut account, likely to be ok?

+1

KickAss420

just brace for the temporary block and you'll be fine. sending to your own btc wallet first will reduce scrutiny

+1

tnicho

Can't send to other btc providers wallet, but your allowed to send upto 50 addresses.

+1

iBlazinHaze420

This has just happened to me as well when trying to send to Exodus despite working fine previously. Can anyone confirm if this happens every time you try and send to an external wallet or is it just certain ones?

+1

kakarot

Hello, I am trying to send money too. What wallet name did you use to send BTC

+1

RobDj79

Exodus

+1

incheyeg

since I switched to bit panda everything is smooth... used wirex and cypto app but bit panda really easy and low fees

+1

Bolivar

Not relevant, but fuck Panda. I spent 20 minutes falling for their verification bullshit with the "check all boxes with a motorcycle" crap. Not in the mood for teenage humor, thanks...

1 post

+9 votes

by pranava108

Coinbase phishing scam

+9

by pranava108

Coinbase phishing scam

I had a relatively convincing phishing attempt yesterday, connected to Coinbase.

A well spoken man, English accent, calling himself Andy Lawson, claiming to be part of Coinbase’s security/fraud team, called multiple times in quick succession until I answered.

He claimed someone in Singapore had tried to hack my account from an android device, that my own devices had been compromised and that he needed to submit a ‘fraud report’ to anyone I have financial dealings with, including my bank.

‘Andy’ was a bit nervous but sounded like he had some crypto knowledge (more than me) and it felt like he was trying to get me anxious/worried/stressed. He was talking about how ‘concerned’ they were that this had happened,how my account will be suspended, and asked about how I store my currency on Coinbase.

Unfortunately for ‘Andy’ I was very stoned, not very technically minded, and haven’t used Coinbase in many months. Any balance held there would be under £1 so I wasn’t that concerned about any hacking attempts.

I was unable to answer (or really understand) ‘Andy’s’ questions about various wallets and so the call didn’t really go anywhere, and he got no useful information from me.

It felt weird at the time, but I wasn’t automatically assuming it was a scam as ‘Andy’ came across more convincingly than other similar spam calls.

Coinbase confirmed to me afterwards that they would never call a customer - and a quick google showed multiple Reddit threads (mostly from USA) describing extremely similar experiences. In a lot of these cases, people were asked to move their currency into a new wallet that the scammers also had access to - and those that did lost the lot.

So I just wanted to give a heads up - I didn’t fall for it - due to ignorance, luck and having nothing worth nicking instead of anything clever - but this was the most convincing phishing attempt I’ve had. And so perhaps easier to get sucked in than others, especially as a lot of us here will have a Coinbase account.

So be aware: if someone claims to be calling you from Coinbase *it’s a scam*

4 posts

+4 votes

by Ome.user1

Coinbase Issue

+1

by Ome.user1

Coinbase Issue

I’ve was using Coinbase in the past to send bitcoin but now it requires to know the persons name. Is there a way I can still send this without knowing that? If so, can I have some help with this, as I’m completely clueless? If not, how would I transfer this from Coinbase to a wallet that I can then send the bitcoin to the link for the transaction?

+1

cheeching

Set up an exodus wallet, then from cb use the exodus wallet address and check send to self, once your btc is in the wallet, send from exodus for your lb order…simples. Exodus asks no questions.

+1

Longjohnston

I'd like to know this as well - I've just tried to send it to a different wallet a d they've wrapped it as cbwbtc... Scumbags

6 posts

+7 votes

by AnabolicBeer

Sending bitcoin

+1

by AnabolicBeer

Sending bitcoin

So now that Coinbase is asking for a name and address for sending what is the best way to buy from lb preferably as anonymous as possible. Cheers

+1

radar breeder 9.7/10

Hey
try to use wallet without KYC these wallets dont ask questions like this there is few like kraken exodus coinomi
hope this helps
Radar Breeder

+1

greys

Use a peer to peer like bisq,hodl hodl your buying from a person and there's loads of different options to pay for your btc

+1

AnabolicBeer

Do I send straight to vendor from hodl or do I send to a wallet and then to vendor and if so what wallet is best to use?

+2

Splendz

I use send to self option , i know a few people send it from 1 wallet to another . But in fairness i couldnt give a toss if i get a call or a knock but thats me . 👍

7 posts

+9.2 votes

by 420gooner

pls help

+1

by 420gooner

pls help

I've made an order and paid, I transferred coin to a wallet I saved within my revolut account which was the wallet address of the user, the payment is showing as sent, but not received and the wallet its asking for is different to what I have saved...im worried?

+2.2

SadHomie

You'll need to message transaxe on here with your order number & the address you sent the wallet to. They should be able to sort it 👍

Just be aware the BTC addresses do change with each order, so dont save an address... Always use the one provided on the transaxe page

+2

420gooner

🤣🤣🤣 fuckkk thats EXACTLY what ive done, thats so much man 🙏🏾 glad to know my coin isnt gone, how would I go about messaging transaxe? assume moneys just sitting in limbo then?

+1

SadHomie

Here's their page, just drop them a message; https://littlebiggy.org/viewSubject/p/4760120

Fortunately if it's a transaxe wallet you sent it to they will be able to recover it & possibly even match it against your order 🤞

+1

eybic

How long have you waited? Payments can take a while to arrive.

+1

420gooner

I'd say its been around 18 hours, its normally around 3-4 max so not sure whatsup, I messged the seller yesterday but heard nothng...If I buy from someone and then again and transfer to the same wallet why would the transaxe payment section show a diff wallett address?

7 posts

+14 votes

by Apexskunk2

Help and old skunk (coinbase)

+4

by Apexskunk2

Help and old skunk (coinbase)

Hey guys,

Went to grab an order and coinbase had new options of who I’m sending to with details?

Thought I should change to sending from a coinbase wallet.

Transferred my money to coinbase wallet but it shows in some cbbtc or something and I can’t send the btc.

Please help an old man it’s baffled me 😭

+2

Jacklee

Did you get sorted mate. I don't use the wallet app yet but I've had a look and can help if your stuck?

+2

Jacklee

Somehow it's converted to coinbase wrapped (cbBTC) its a token that represents the btc you own and you'll need to transfer it 😉
If you're using the Coinbase Wallet app, redeeming cbBTC for BTC involves slightly different steps. Here’s how to do it:

---

Steps to Redeem cbBTC to BTC in Coinbase Wallet App

1. Open Coinbase Wallet App

Launch the Coinbase Wallet app on your device.

2. Locate Your cbBTC Balance

Tap on your Wallet tab to see your list of assets.

Select cbBTC from the list.

3. Convert cbBTC to BTC

If supported within the app, look for an option like Swap, Convert, or Redeem.

Choose BTC as the asset you want to receive.

4. Select the Amount to Swap

Enter the amount of cbBTC you want to redeem.

Review the transaction, including the conversion rate and any network fees.

5. Confirm the Transaction

Tap Confirm or Submit to initiate the swap.

6. Wait for Confirmation

The transaction will be processed on the blockchain.

Once complete, your BTC will appear in your wallet.

---

If Swap Option Isn’t Available

Coinbase Wallet might not natively support direct swaps for cbBTC to BTC. If that's the case, you'll need to send cbBTC to another platform that supports the conversion (e.g., the main Coinbase app or a DEX like Uniswap if cbBTC is compatible).

1. Send cbBTC to Coinbase Exchange

Use the Send function in Coinbase Wallet to transfer your cbBTC to your Coinbase Exchange account.

Redeem cbBTC for BTC on the exchange following the steps I provided earlier.

2. Use a Decentralized Exchange (DEX)

Connect your Coinbase Wallet to a DEX (e.g., Uniswap).

Swap cbBTC for BTC directly.

Make sure to have enough ETH in your wallet to cover gas fees.

+1

MightyRux

Well, this isn't complicated at all, is it?! I feel next time an old skunk would be better off sending the BTC initially to their own non-KYC wallet like Exodus and paying an extra gas fee of a couple of quid at most (other than during the occasional weird and ridiculous spikes, that is, but that's unavoidable generally and hasn't happened for ages) to send from there to here. Then you can always tell the truth to them and say you're sending to yourself, plus the extra layer of separation.

+2

Jacklee

I know I didn't make all these things up though I'm just trying to help the guy back his bitcoin mate. Coinbase hit me with a whole load of stuff to do before it'll let me do anything. So 2moro I'm setting up a wallet I was looking at trust wallet, I'll check out exodus 2moro too.
I'm just thinking I have revolut! I can send it to myself now 😆

+1

MightyRux

I don't doubt this is true, but it's a major ballache for an ageing cartoon animal, isn't it? I speak as one.

Bittylicious and Exodus mate. Never had a problem with many, many transactions for coming up to 2 years now.

2 posts

+2 votes

by Brychan

Coinbase UK Travel Rule

1 post

+1.8 votes

by amen256

Easiest way to get bitcoin uk no kyc

8 posts

+17 votes

by Kpugsley

Bitpanda asking for host?

+4

by Kpugsley

Bitpanda asking for host?

Hi, I’m trying to place an order, but bitpanda is now asking for host and full name of receiver as well as address as normal , seller doesn’t know the host .
What to do ?

+4

pollypuff23

You can put anything, it’s a box filling exercise…

+3

Jayboy

Hi mate 👍. Don't panic too much yet 🤔😉. Message Budzinho 👍. Those guys are 100% helpful in most issues and situations regarding crypto 👍. Go on his page take a look at the advice he gives on other topics. I'm sure he will sort it out for you 😉👍

+2

Kpugsley

Cheers dude, he was helpful 👍

+1

Heatedmeatballs

I think I just picked bitpanda as the host and I put in initials for the receivers name - I think GC for green cat. I'm not sure it actually checks? I think it just requires you to log something.

+1

Heatedmeatballs

Yeah I checked I put initials and bitpanda as the wallet host and it went through as normal?

+1

Kpugsley

Cheers dude

3 posts

+3 votes

by abhl11

Double payment

7 posts

+9.5 votes

by EoghanGannon

Paybis.com - 8.5/10

+3.5

by EoghanGannon

Paybis.com - 8.5/10

Paybis.com - 8.5/10

Summary:
Responsive team, nothing shady, OK exchange rates depending on the payment method, very fast, wide variety of payment methods

currency exchanged
GBP, USD, EUR->btc

exchange rate vs blockchain.com/prices
spread
Depends heavily on what payment method you use

Credit card: USD/EUR/GBP +11.2%
Neteller: USD +9.7% EUR +9.6% GBP +7.3%
PerfectMoney: USD +8.7% EUR 9.92%
Skrill: USD +9.7% EUR +9.6% GBP +9.6%
Payeer: USD/EUR +8.3%
AdvCash: USD +8.9% EUR +8.7%
SEPA (Europe): +2.63%
WIRE (USD): +3.19%

deposit fee
none, although the rates received with different payment methods differ a lot

live help
Yes, and responsive support in general

verification requirements
government ID and details for low level trades, for high value trades expect to be asked to show a selfie with your ID and possibly a handwritten note and credit card

time to verify
Very quickly for me, 12 minutes. The founder claims that most verification happens almost instantly, otherwise they have staff working 24/7 for manual verification. They guarantee a response about the inital KYC request within 5 minutes at all times. Their marketing slogan is "It just takes 15 minutes for new users to complete a transaction with credit card".

Online consensus on Paybis:
After trawling through forums and review sites, I can't see anyone saying that they screwed them ever. Their rates for certain payment methods are a little high, but the wide array of possible methods as well as the customer support and speed they process is well received. They have a good 4.7 score on TrustPilot, and they send the TrustPilot review link to every customer.

Overall:
I was impressed with Paybis and I'm surprised they aren't mentioned more often in discussions of good exchanges. They are transparent, fast, professional, and trustworthy, even if their rates for some payment methods aren't number 1.

+1

Boonhead

It says they let you buy BTC with no verification but when you pay it holds your money till you verify ?

+1

JebusChris6

Because all exchanges now, unless you're doing Peer to Peer are subject to KYC. Meaning, legally, they need to verify you are who you are.

+2

Boonhead

Any sites for buying peer to peer I have no ID and just want to buy some cheap distillate

+0

artinfinx

i thought paybis left UK jurisdiction?

+1

Lycan

No they stopped operating in the UK temporarily when all the laws changed in october 2023. It was literally for a month. They were back in November.

12 posts

+19 votes

by mrfluffyxxx

Copy and pasted Bitcoin address changing just before payment

+2

by mrfluffyxxx

Copy and pasted Bitcoin address changing just before payment

I had a payment go missing with no reply from transaxe support as yet and I've just noticed that when I go to pay for an order and copy and paste the bitcoin payment address, the payment address changes when you review your payment before clicking "pay".

Should this payment address change be happening from the vendors payment address to another address for the payment?

+2

Aa8r

I’ve never heard of this before and I’d hazard a guess that it should not happen because it means you’re sending your money to a different wallet.

This could well be some kind of malicious application on your phone or computer. Programs can access and alter your clipboard (where you copy stuff to) programmatically and it would likely go unnoticed. I would get it checked out by someone who knows what they are doing.

+1

mrfluffyxxx

Thanks for that. It's changing to the same bitcoin address every time I try and make the payment from my blockchain wallet.

Would a normal virus scan pick up anything malicious on my laptop?

I'll try it from the app on my phone and see if it's happening there too.

+2

DiamondExtracts 9.7/10

Clear this up:

When you copy the address, the address in your paste changes? or the address on the payment page changes?

If the address in your paste is changing, you have a bitcoin virus - a very common one. It will change any bitcoin address copied into one similar.

Most virus scans won't actually pick this type of virus up, so you'll have a hard time finding it unless you know what you're doing.

+1

mrfluffyxxx

Yes. I'm copy and pasting the payment address from the littlebiggy payment page into the send box on my wallet and it's changing to exactly the same address when I get to the review payment page.

Any idea how I'd find the virus if that's what's causing it? And is it likely to compromise my account or just when I try and send payments?

+2

DiamondExtracts 9.7/10

If there is something actively changing bitcoin addresses on your computer, you need to run a virus scan using malware bytes. If that doesn't find anything, then it's likely undetectable. You'll have to look into your startup (start menu -> msconfig -> startup) It will say "System Configuration" if you have a newer version of windows, just open the task manager using CTRL + ALT + DEL and the startup menu is in there. Look in there for any suspicious looking programs that begin on startup - if the virus programmer has any brains, the program will not be in there.

+3

DiamondExtracts 9.7/10

Failing this, you can download 'anydesk' and I can have a look if you want. No promises that i'll be able to fix it, although I have dealt with these kind of viruses before.

+1

mrfluffyxxx

Thanks for the advice!

I ran malware bytes and and everything was clean.

But the problem seems to have resolved itself after running it and the address I'm copy and pasting is staying the same now.

I guess I'll just have to keep a close on eye on the review payment page to make sure it doesn't start happening again.

+1

DiamondExtracts 9.7/10

Oh right, so the payment address was changing on the page rather than when you copied it?

It could of just been timed out and the address was changed because of that.

Good on you for double checking the address though :)

+1

lightbulb

This appears to have happened to me too, a few days ago. Awaiting response from transaxe. However i used my phone so its less likely to be a virus?

+1

mrfluffyxxx

Do you have the payment address that your payment got sent to?

Transaxe got back to me today but weren't very helpful.

2 posts

+3.5 votes

by glhf542

How to avoid kyc?

11 posts

+46 votes

by generation last

buying crypto privately

+14.8

by generation last

buying crypto privately

1 - stay away from major exchanges like coinbase, they share the most data with the most other people
2 - an exchange outside your country is better than an exchange in your country.
3 - peer to peer exchanges are better than centralized exchanges but data saved by the exchange is within the reach of government authorities.
4 - bitcoin atms often only require a telephone number

+5

Noxa88

Yeah this… Seriously stay away from Coinbase… literally the Govs bitch… Trackong fucking everything, Binance will comply eventually they’ll have to but I don’t think they’ll make it easy like Coinbase did. Coinbase seriously is the anti thesis of crypto.

+1

cheeching

Up to now have had no issue with coin base, but noticed there seems to be limit on how much btc I can buy each time…more fees….so what are the best alternatives to coin base….

+3.2

Shroom Of The Loom 9.7/10

https://littlebiggy.org/link/yjWADV

Our post here shows you how to purchase bitcoin without KYC or limits 😊

SOTL

+5

ike

An independent wallet is essential to privacy. Transfer your coins from the exchange to an onboard wallet like exodus or an online wallet like blokchcain.com

+8

wells

https://coinjoin.io/

yes, exchanges that hold your bitcoins with your identity are part of the global banking system and ultimately control both your funds and data.

you can go even further by mixing your coins so an analysis can not trace them, coinjoin does this.

+1

Tenpester

This is true but its noteworthy that some exchanges are bigger rats than others. HTX, KuCoin and MEXC are a bit less cheesy.

+1

greenhoney 9.6/10

Any suggestions for mixing coins? Wasabi?

+1

zara2

yes but it should be noted that chain analysis is getting easier every day.

+4

DoctorExtracts 9.8/10

Local coin swap is pretty good, its P2P and vendors often don't require any ID verification from you which is nice

3 posts

+5.2 votes

by highflyinowl

Am I doing this wrong?

2 posts

+2 votes

by Chamilton

Help

2 posts

+3 votes

by Hootie and the Blow Job

Is n26 crypto friendly?

2 posts

+4 votes

by frankthefish

strike btc lighting wallet now in uk

4 posts

+15 votes

by 5th time recht

Coinmama 8/10

+8

by 5th time recht

Coinmama 8/10

summary
Expensive but fast

platform
coinmama.com website

currency exchanged
gbp->btc

exchange rate vs blockchain.com/prices
spread
£8,378.15 vs £7,938.05
+5.5%

deposit fee
5% for credit card
0% bank transfer

live help
no

verification requirements
government ID and selfie

time to verify
3 hours

+4

Todd's Sure Thangs 10/10

Terrible support at coinmama, slow emails from slow minded bots.

+1

icaru

My transactions with coinmama have not been completing recently with various cards. Have been recommended to use beyondcc. Please correct me if I'm wrong, but I don't think there are any fees with them.

7 posts

+17 votes

by Jamash

High sending fees with Paybis

+2

by Jamash

High sending fees with Paybis

Hi all.

Just placed a $115 order and when I went to send the btc the fees were over $90!
I remember this happened a little while ago but my question is how long generally speaking does it take to come back to earth?
Thanks all..Peace 💚

+5

Budzinho 10/10

https://littlebiggy.net/link/CYmZSj

OKX caused it, they claim they were "testing a script", they claim to have stopped now;

https://x.com/okxchinese/status/1799100994154004926?s=46&t=z_eGgJQBRYbsu7ttjdoa5A

From my understanding, essentially they *accidentally* overloaded the network with hundreds of transactions with insanely high fees (around 500 sat/vB) so miners would rather mine those than our petty transactions. Once they are all mined, fees will be back down.

So to answer your question, a couple days maximum, probably by tomorrow.

07/06/2024

+2

Jamash

Cheers Budz! I guess that would explain it. It seemed to come from nowhere.

Thanks for the links

Love learning from you guys

+3

MightyRux

Gas fees are around 500 sat/vB currently, which is absolute madness. Haven't seen them this high since the halving. You're hopefully only looking at a few hours before it comes down significantly. Or, it'll stay high. Who really knows?

+2

Jamash

Crazy! Thanks Ruxxy. I didn’t even see it this high during the halving event. Hopefully it’s just a few hours then

+2

MightyRux

Oh, it went a lot higher then!

4 posts

+4 votes

by PJSTACEY009

Paid the same seller on wrong transaxe ref

4 posts

+8 votes

by PM2994 9.9/10

Transaxe accepts segwit on Ledger

2 posts

+2 votes

by Aa8r

Paybis - Can’t buy to wallet

3 posts

+9.8 votes

by HarvMac

Bitcoin refund

10 posts

+13.2 votes

by SpeedyRun

Kraken app

+1

by SpeedyRun

Kraken app

I just bought bitcoin in kraken app to Pay my orders in here, but I don’t know where do I need to go in the app to send my funds to the “link” they gave me in here
Can anybody help me?

+1.2

eybic

Select BTC and press the three dots at the top then "Withdraw" I transfer from Kraken to Exodus then to LB from Exodus.

+1

Boooba

I wish I could remember to help you out but I’ve been banned (don’t send straight to the address given :p)

+1

SpeedyRun

Thanks still. What do you with not sending straight to the address tho?

+3

Dhokha

If you send straight from Kraken/Coinbase and others direct to the wallet on your order page you can be banned from the app if that wallet was flagged.

You can avoid this by sending the funds to your own wallet first, and then to the order wallet. Look for a withdraw or transfer option in Kraken - it should then ask you for the address to transfer to, you'll find this in your new wallet app usually by clicking "deposit".

I've had no issues sending from Luno or Exodus wallets, and had no issues sending funds direct from Paybis.

+1

SpeedyRun

How do I have my own wallet tho?

+1

Dhokha

You can get apps for wallets on your phone like Exodus or Luno. There's many options though if you google aroun, not had any issues with these two myself

+1

SpeedyRun

Thanks man

+1

B0W13

Agreed send it to your own wallet first.

8 posts

+18 votes

by Sofasurfer

Bitpanda quiz before trading

+3

by Sofasurfer

Bitpanda quiz before trading

Just tried to buy £200 of Bitcoin and had to answer some questions before I could buy it. Needless to say I failed as even though most of them are obvious, two of them not so. Now my trading ability is locked for 24 hours but wanted to ask, are there answers anywhere online and will it ask me the same questions every time I try to buy some coin?

+2

Khuunntt

This happened to me today too....apparently these answers are helpful...

+2

Khuunntt

That's from an older post, and now that I look at it I'm not sure those match up to what i was asked.

+2

Sofasurfer

Don’t seem to be answers that match up to my questions either, I’m going to have to take my time and answer them via Google next time.

+3

Khuunntt

Yep..keep this topic updated please 👍🏼

+2

Khuunntt

In the app i was presented with this link. It has all the info for the quiz

+2

Sofasurfer

Yeah,saw that this morning. As far as I can remember most of the answers should be on there. When I get out of Trading Jail later tonight I'll give it anotehr try and keeep a note of the answers.

16 posts

+113 votes

by Shroom Of The Loom 9.7/10

How to: Purchase Bitcoin anonymously, exchange currencies anonymously

+31.2

by Shroom Of The Loom 9.7/10

How to: Purchase Bitcoin anonymously, exchange currencies anonymously

Hello everyone,
I've seen a few topics so far asking how to obtain BTC without KYC. I thought I'd make a topic to show a few ways / methods of doing so:

AgoraDesk
AgoraDesk is a cryptocurrency exchange established in the British Virgin Islands. People from several nations can trade their home currencies for Bitcoin or Monero at AgoraDesk (or call or put options for BTC or XMR).

Users are able to post advertisements where they state exchange rate and payment methods for buying or selling Bitcoin or Monero. You respond to these ads and agree to a transaction with the poster. When the parties have transacted and the seller has confirmed payment to AgoraDesk, AgoraDesk releases the BTC or XMR from the escrow account and sends it to the buyer. This solution by AgoraDesk allows the exchange to safely escrow the cryptos of any user without taking control of it.

AgoraDesk resembles an online shop or Ebay in many aspects for cryptocurrency. Investors at the exchange place various "ads" in which they quote a price for a particular cryptocurrency. This advertisement may be for purchasing, selling, or either of those actions. You can accept the offer if you, as another buyer or seller, believe it to be good.

HodlHodl
Hodl Hodl is a worldwide peer-to-peer Bitcoin trading platform that enables users to transact with one another directly. It does NOT retain user funds; instead, it locks them in multisig escrow. This cuts down on trade time and minimises the chance of Bitcoin assets theft.

HodlHodl is not subject to intricate compliance requirements because it does not keep any money (neither fiat nor bitcoin). This makes the trading platform KYC-free by enabling trades to take place directly between users' wallets without requiring users to reveal their identities.

Bitni.com
In order to make online transactions as convenient as in-person transactions, cryptocurrency was developed.

Bitni.com was established to uphold the original principles of cryptocurrencies, with a heavy emphasis on privacy, efficiency, and use.

Users can exchange various cryptocurrencies for a flat rate of 1%.

SOTL

+15

Shroom Of The Loom 9.7/10

https://majesticbank.sc

Bitni.com is no longer active!

I've found a better site which has a great support team, as well as only a 0.5% exchange fee.

I've added a link to MajesticBank here. Very good if you're looking to clean your Crypto fast! (BTC to XMR to XMR to BTC.)

SOTL

+6.2

Psychonauts 9.9/10

you are a star for sharing this information, it is very very much appreciated :-)

+3.2

Longjohnjoe

Appreciated

+1.2

northernorganics 9.8/10

Echo the thanks for this, really appreciated advice. Not sure if I did it right though cos I lost way more than expected in the process. It shows a flat $2 transaction fee on the majestic bank for BTC but it seemed to work out way more than that, I'm not sure if I did something wrong. Granted most of the losses were in mining fees from the wallet in the first place, but it seemed to be the exchanged rounded up/down quite significantly. Likely me being a cretin but thought I'd pick your brains. Cheers bud

+5.2

Catagious

There are a ton of questions on this issue. Does anyone have things to add to this thread? Would be good to grow the knowledge.

+4.2

ike

bigg up

+4

Tony888

So are places like Bittylicious traceable? Cheers.

+15.2

Shroom Of The Loom 9.7/10

Hey Tony,
Well they ask for KYC, so if they wanted they could theoretically follow the BTC purchased with a card to what wallet it has gone to, so worst case scenario yes.

This can be avoided by putting your BTC through an exchange to XMR then send that XMR to another XMR wallet, then back into BTC through the exchange.

This can be done for a total of 1% of the value of the amount of crypto (0.5% x 2, if you were cleaning £1,000 you'd get £990 back with a clear history, which means it isn't linked to the card you paid for the BTC with.

All in all though this is the paranoid way about it. If you're buying personal use bits I wouldn't be worried, Law Enforcement aren't interested as they have bigger fish to fry.

However if you're a vendor this really should be your security standard as if you're turning your BTC to Fiat (like a good few vendors on here are) you'll ideally want a clean history on your Crypto. You'd be suprised how easy it is to trace your cashflow in crypto. If Transaxe has paid you X amount of BTC there will be a record of the wallet it came from, to where it was sent and you really don't want anyone knowing how much you have going through your wallets.

BTC - XMR - XMR - BTC is the way!

Hopefully this topic gains some more traction so others can follow suit and improve their OPSEC whilst they're at it.

Keep your self anonymous and use decentralised currencies to further anonymise yourself ;)

SOTL

+4

Tony888

Brilliant explanation many thanks matey
I never use card to purchase btc
I’m assuming that’s safer?

+9

Shroom Of The Loom 9.7/10

No worries Tony.

Completely mate, purchasing off any form of card is linking it to yourself. P2P is the way for purchasing BTC anonymously and with the help of sites like AgoraDesk and HodlHodl, this is now possible and easier than ever before! (Fees when purchasing BTC is highly likely, if you are OPSEC conscious I see this being worth it)

SOTL

+5.2

Tony888

Cheers for sharing the advice it’s much appreciated 👍🏼

+1.2

PM2994 9.9/10

What kind of wallet do you use to get paid from biggy? Then you send from there to XMR and then to you real life wallet?

+3.2

greenhoney 9.6/10

🙌

+2.2

DrShroom 9.8/10

Thought I'd lost this post to the algorithm. God work here 🙏

4 posts

+11 votes

by zeppomarx

Where to buy Solana USDT?

13 posts

+48 votes

by mattt720

£20 network fee?

+7

by mattt720

£20 network fee?

Hi all,

I know this isn't the thing to do, but I usually just buy and send bitcoin from Coinbase & haven't had any issues in doing so.

My network fee is usually around £2, but for some reason today it's £17? Why is this the case & what should I do? I'm only trying to send <$50..

Thanks in advance, any advice is appreciated.

+4

julieh

Never ever pay during US working hours!

+4

Ladycoconut78

35 dollars - a little vomit came up but you can't put a price on Xmas cheer

+3

tnicho

The fees are high atm for everyone mate,high fees and long wait getting your btc sent

+3

mattt720

That's rough, thank you. Glad to know it's not just me.

+9

pollypuff20

Traffic on the blockchain- btc is going to the moon.

Miners set their fees so that they charge whatever they want for the fastest speed. Transactions like ours are at the bottom of the pool. Imagine what someone trading $50m is prepared to pay for speed?

+7

MightyRux

People sending half a BTC are paying $2k in fees. I can't be the only one that currently watches the blockchain in real time? Mempool.space is a great site. There was one wallet that has had trillions pumped through it. Probably best not to dig any deeper into that one...

+2

Otherlyether

Aye. Im watching Mempool today completely fucked off. After the last fee spike and the time it took to sort out, im not throwing anymore money into this stressful bs waiting game. Simply cant buy here, and DGT is about the only guy I wish to buy from anywhere. Its obscene that such a great idea is let down by the worst payment method you could imagine. Im just not using btc, anywhere, ever again

+1

Drizztbenre

We should suggest switching payments to another coin, solutions can be found

+2

Ste1982

I bought as well today and it was £15 for mine 😩

+3

Drizztbenre

Maybe admins should have a thought about using other coins usdt/xmr or whatsoever with less fees..

+1

Drizztbenre

Same here I didn't even notice today since I was used to 1-2€ fees..
And out of 60€ order I spent 30€ on fees and before I realized it it was too late... Also I was stupid enough to cancel the rest of the order so now I'm asking the Borg if we can undo the canceling and pay(when fees are lower) the remaining amount since these 30€ fees are
already lost.. so cheers:P

8 posts

+15 votes

by Borisbootleggy

Double dipped on miner fees

+4

by Borisbootleggy

Double dipped on miner fees

Hi, I'm kinda new to all this, and suffering from age (!), but I just paid nearly £90 to buy and then spend £210 worth of crypto!
1: bought £ 210 worth of bc from directly from coinbase wallet - network fee £40 + coinbase fee £9
2: orded on lb
3: Scanned qr code to pay on lb
4: Got charged another £40+ to complete the transaction.
Am I missing something here or is that just where it's at in the present time because clearly it's not sustainable for me?
I feel there has to be a cheaper way (UK based) - any advice gratefully received :)

+2

B0W13

You would've saved 40 quid going straight to and from coinbase and avoiding the wallet therefore 1 network fee, that's not always advised as your coinbase account can be blocked if you send to the wrong btc address.

+2

Dopey 9.6/10

Coinbase freeze accounts for AML docs and froze my coin several Xmas back just before the Santa Rally it took 7 days to unlock and I had all my coin in stable so missed the move lost out on around 300k.

A horrible nasty corporation that shits on us from a great height whilst having there terms and conditions ticked off so they can legally screw the sheepel.

+2

Borisbootleggy

Yes, i'm getting that. Roll on LB's moves to adopt a new currency, if it happens, so we don't have to get shafted in this way.

+2

Borisbootleggy

Thanks for your reply B0W13. Is the qr code only usable with coinbase wallet though (so your suggestion would involve manual input)?
I quite like the convenience of the qr code, but I thought it only usable with coinbase wallet?

+1

Dopey 9.6/10

You were spanked bloody hell buddy!

+1

Borisbootleggy

Yeah, still smarting from it! haha

12 posts

+13 votes

by Cr0w

Exodus wallet Disappeared

+1

by Cr0w

Exodus wallet Disappeared

Like the title says it's gone from Google play store and I can't use my laptop any ideas guys?

+1

toms

Try brave or tor browser download from there

+1

Cr0w

I tried on tor just puts me in a loop and I get no download do you have a link bro?

+1

Cr0w

Doesn't work for takes me to play store do you have a link?

+1

PurplePunch

"Exodus app was temporarily de-listed from the PlayStore. We are actively working with them to have the app available again soon.

In the meantime, you can continue to use the outdated version of the Mobile app, or the most recent Exodus Web3 or Desktop versions of the app. "

+1

Cr0w

But I don't have the ap on my phone

+2

ReefLostCause

use the browser

+1

Cr0w

What browser Tor? Sry I'm not very tech savvy.😔

+1

GungaDin

https://www.exodus.com/

You can only use Exodus on Desktop for now.

If you have coins you'll need your secret keys (12 word(?) pass phrase) to load your original wallet.

If you have no PC then you'll need a new wallet / exchange solution.

+1

Cr0w

Ok what wallet do u suggest?

+1

PurplePunch

You won't be able to use it then. Look into alternates in the mean time

2 posts

+2 votes

by PM2994 9.9/10

Transaxe payments

1 post

+1 votes

by Pete31181

Thoughts on Opera Browser wallet

1 post

+2 votes

by PM2994 9.9/10

Vendor Help

3 posts

+5 votes

by mrgee108

using bsc to send bitcoin

7 posts

+15.8 votes

by TheHashCollective23 9.8/10

$50 store credit for resolution

+3.8

by TheHashCollective23 9.8/10

$50 store credit for resolution

I have a wallet with some funds stuck in it. I have been trying to transfer funds out of it but the fees showing up to make any transaction are ridiculous (approximately 70% or more of the funds). I have attempted to reduce fees as I'm happy to wait longer, but when I did that, the transaction did not register/move at all.

The wallet is in Electrum.

The wallet still receives small transactions, which I presume are sent with minimal fees as they take forever to clear. There are currently 4 unconfirmed transactions and 2 unconfirmed parent (whatever that means)

Thanks

+4

BBDoom

When you tried to send with reduced fees and it didn't work it's cause you need to leave a little in the wallet.
Try sending with reduced fees but don't sent it all, leave a couple dollars in.

+2

MightyRux

If I'm reading this correctly you're trying to send one transaction funded by lots of very small transactions? The fees for this usually are extortionate, so currently they must be mind-blowing. I have a wallet for Transaxe referral payments and this is the situation I find myself in when I want to send funds. Although currently the fees are around $2 to send at 34sat/vB (ish) that's for a simple transaction of 1 large payment being sent. To send that as a payment funded by multiple small amounts usually cost me 10-20x the expected fees, so it was £20ish when fees were about £1.20, so it's probably significantly higher now. I'm assuming that extra cost is the computing power to stitch those things back together again, as the enormous fees still fund at a similar sat/vB level. The unconfirmed transactions are unavailable to send, so take them out of your wallet balance in your head, and you should be able to send everything else.

+2

DrShroom 9.8/10

Are you saying that if you have two wallets with equal amounts in
Wallet A has its total made from one transfer and wallet B is made up of 20 or so micro transactions, then the fees to transfer put of wallet B will.be higher?

+1

MightyRux

That is exactly what I'm saying. I've tested this quite a few times now and it seems consistent. Try it yourself with a dummy transaction that you don't actually send.

+2

TheHashCollective23 9.8/10

I think you've nailed it. The wallet I'm referring to is the transaxe referal wallet.

Previously I used this wallet for everything, but after the crypto fiasco earlier in the year, moved main transactions to a separate wallet and kept this for my referals only.

The btc fees settled but this wallet just kept offering ridiculous fees to money the coin.

Will update later if I can get this sorted as you and BBDoom have mentioned by holding some back

3 posts

+3.5 votes

by ilovechristmas

how can I use my bitcoin in my PayPal wallet?

6 posts

+10 votes

by giblet87

Sending from Crypto.com App

+2

by giblet87

Sending from Crypto.com App

I have always used the Crypto.com app when buying through LB, my most recent order was a little over a week ago.
I have tried to purchase again but now Crypto.com are asking for information before processing payment; Recipient's name, their Country and Wallet Type (seems a bit much tbf).
Does anybody know how I can go about completing this payment using the Crypto.com app?

+2

RealD 9.8/10

Recipient name : any name

Country : UK

Wallet type : Private/Self Custody

+2

RealD 9.8/10

Seems like the troll is getting his Doxx info from wish dot com 😂 😂

+1

giblet87

I don't see that option on their menu. Their first option is 'Non-Custodial Wallet', could it be that option?

+1

giblet87

amazing, thanks for your help! Superstar ***

9 posts

+33.8 votes

by MightyRux

Bitcoin, Fees, Sat/vB

+2.8

by MightyRux

Bitcoin, Fees, Sat/vB

I have very limited understanding of this, but I'm a keen student.

Exodus lets you set fees yourself, and if you just choose the normal fee it's massive (it's a wallet with lots of small payments being sent from it, and this seems to hugely ramp the cost?), but then it clears in minutes. I don't want that. I want to be able to reliably predict the rough amount to fund the transaction so it's as little as possible and can take an hour or more to get 1 of 4 confirmations. Can I/we work this out?

I've attached a photo from Mempool from this week. What am I looking at specifically with regards to these numbers? I can move backwards in this pool as well as forwards as I've watched a couple of transactions while skinning up. Is it linear progression and I'm getting bumped backwards in this queue because of people paying more than me for transactions? Any input and explanations could help me, as I just want to get really fucked up for the least fees possible. Thanks!

+6

GungaDin

Back of a napkin explanation.
Your transaction gets bundled with a bunch of others paying the same and offered to miners for the price you set. The graphic is the queue of blocks that bid different rates and where your block currently sits. As you said, higher bidders push your transaction backwards.
When you get your quotes in Exodus they vary according to the volume of trades in the queue and volume of trades expected to join the queue to give an estimate how long it will take for your transaction to clear at different mining fees.
To pay less, buy when the network is quiet.

Will back to see more authoritative replies!

+3

MightyRux

Thank you, that's very helpful. So, how do I know when the network is quiet, and how do I know what to set? Setting based on Exodus judging it as low or whatever doesn't seem reliable, and I want repeatable results, ideally.

My last Transaxe payout was sent at 1 sat/vB in fees, so thanks for that payment in a week or 3, guys.

+4

GungaDin

Look at mempool before you order I guess. Rises fast when btc is falling fast is about all I can reliably predict. Like you said, walking away for a few hours usually does the job. Can be days though.

Recently I’ve been getting much better rates from Exodus than trying to pay from Electrum which is also a personal wallet with adjustable fees. I’d love to understand why that is.

+5

Budzinho 10/10

bitcoinfees.net

Think this is what your looking for in short.

+3

MightyRux

Yes, thank you! How regularly does that update?

+4

Budzinho 10/10

If you scroll down there is a little refresh icon in a green box on the right site my friend.

+3

pollypuff20

It all seems incredibly complicated to me Ruxxy. I am lazy and daft so I click Send on Bitpanda, it takes a couple of minutes to complete and costs around a quid.

This has been the case for 95% of my transactions. When the blockchain is melting down (or up) which is indicated by the change in fees I hold off the transaction but that’s just crypto so it’s the same for everyone..

8 posts

+23.5 votes

by PM2994 9.9/10

Wallet

+1

by PM2994 9.9/10

Wallet

What is the best platform to use? I did use edge but I think I can no longer use it due to it being segwit.

+5

MightyRux

Both Exodus and Blockchain have given me no issues.

Oh, and WRITE THE SECRET PHRASE ON A PIECE OF PAPER AND KEEP THAT SAFE!!

+5

British Bulldog 9.9/10

Exodus

Cheers BB 😊👍🍻

+4

RealD 9.8/10

Mycelium Wallet.. or Exodus

Mycelium looks sketchy but it’s pretty simple to use

+3

Blazin_Esx

Another vote for Exodus here.

+1.8

PositivePotato

you can use segwit to send mate.. transaxe actually give you a segwit address to pay (addresses starting bc1). Its when you need a refund apparently they ask for a legacy address.

Just use a wallet that can generate different types receiving addresses... a good one should give the option of segwit, compatibility and legacy

+0.8

syjefroi181

If you really care about bitcoin, then there is a fantastic wallet out there. It is priceless.

For those who want to buy drugs off the internet? There's Exodus.

6 posts

+9 votes

by wraith777

Luno asking questions! Help please?

+1

by wraith777

Luno asking questions! Help please?

I use luno to buy and send Bitcoin, usually a straightforward process. I just tried to send my bitcoin off to pay for a purchase and it is asking me for the full name of the person or the legal entity I am trying to send it to! Has anyone else had this problem? or does anybody know what I should type in? Or does anybody have any advice on what to do in this situation please?

+2

Vapeplug 9.9/10

Hey I got the same message today from a customer that uses luno and he said same thing as you that they are asking for recipients name and wallet destination or something like that..

I told him to write any name and UK or something to see if it works if not ..

Might be another way to bypass that by make an Exodus wallet or coinbase wallet in your name then send btc from luno to coinbase or exodus then from there you should be able to send to littlebiggy to make payment.

+1

wraith777

Thanks bud! I'm so impatient I just brass necked it and put "Robert Burns" resident of the UK and it went through I figured it must because the address is would still be valid.

Cheers again💚✌

+2

Vapeplug 9.9/10

Lol so any name and Uk works? I should probably message the other guy and let me know.

+1

wraith777

Yeah it seems to bro!

6 posts

+14 votes

by SpeedyRun

Need help at paying my ordens in here

+3

by SpeedyRun

Need help at paying my ordens in here

Just exchanged the amount of money I need to bitcoin but still I’m having doubts in how the payment works on lb. Im at the payment page on here and it says to send the bitcoin to the address in a externally way, so how does lb know that I already payed for the transaction to end?

+4

pollypuff20

The wallet address you can see is unique to your order. LB generates a new one for every transaction. Click on it to copy it to clipboard and paste it into your exchange send order. Your LB order status will change from unpaid to paid when your coin reaches here…normally less than an hour depending on the blockchain…

+3

Whiz420 10/10

When you click pay you're redirected to Transaxe, which is the payment processor on LB. Just copy the address and amount from that page. Then you just wait for an hour or so for the funds to be confirmed.

+1

DeadRabb1t

The address is unique to your transaction is my understanding of it

Unsure if this is 100% accurate but not had an issue in my transactions

+1

Mattbee

On your order page you will have an address to send payment to from your bitcoin wallet. Send correct amount and it will link up.

6 posts

+8 votes

by Weedy_DeeDee

Bitpanda help

+1

by Weedy_DeeDee

Bitpanda help

Can anyone advise on this. I'm trying to send bitcoin for my order but it's saying "transaction amount too low." Does this mean I just need to wait for the fee amount to rise in order to send?

Thanks

+2

Khuunntt

I think the minimum send is €15

+1

Weedy_DeeDee

The amount I'm trying to send is over the £15 minimum and the fee quoted is £2.25.

+2

Khuunntt

That's quite a high fee. Maybe they upped the minimum send. It has fluctuated in the past. I remember it being €10 last year and €25 before that when the network was backed up with the fee @ £10+

+1

Weedy_DeeDee

The minimum crypto send is £25 now. The fee has dropped still won't let me send, do I need to wait for the fee to rise to like £4-£5 before it will accept?

6 posts

+19.8 votes

by Gdiddy

Bank won't authorise

+3

by Gdiddy

Bank won't authorise

Hi any advice greatly appreciated. I am first time LB buyer and had success with my first purchase. Now my bank won't authorise transactions to paybis.... any suggestions?

+4

tnicho

Open a revolut online account, you can put money in from your bank you can buy btc on Revolut and send to your own wallet Im guessing your bank won't let any btc purchases now.

+3

Gdiddy

Thank you

+2

Gdiddy

OK so after some messing about, I've got BTC in Kraken. Would you be so kind as to tell.me if I should send to LB direct from Kraken or transfer to another wallet first? I used revolut which you kindly suggested.

+4

tnicho

I don't use kraken but if you can send to lb I would, just costs coin everytime you send to wallets.with exodus I think your only allowed to send to 2 btc wallets. So yea straight to lb mate.

12 posts

+27 votes

by RobDj79

Zengo... any good

+4

by RobDj79

Zengo... any good

Hi folks,
I'm a noob to LB and not very tech savvy. I've got the Zengo app to purchase BC. Anyone used it? Opinions please. Or is there a simpler way?
Thanks 👽❤

+4

Anon1385

I'd say the simplest way is Coinbase, but some banks have started blocking it (I think Lloyds and Halifax).

Kraken works well, Bittylicious also 👍

+3

JebusChris6

Santander too

+4

tnicho

I use coinbase, lowish fees and never had a problem,bittylicious is good. It's the bank thats putting a stop crypto buying now .

+1

WHL_712004

Yep the exchanges are the least of the worries these days mate it's the net closing in from the banks that really changes the game, can feel it already. Think p2p will be the only way moving forward

+2

Redcowie81

I use zengo and it's been brilliant but right now it's say to send 45 pounds of bitcoin the fee are 56 pounds they'll say the blockchain is congested 🤔🤔

+2

Backwoods1999

Yes very no fees you can almost pay 1£ extra for ur bitcoin to go extra fast to transaxe to pay the seller (3mins)

+2

WHL_712004

Make sure you're sending to an external wallet from coinbase first and then onto vendor mate or you're directly linking coinbase to an illegit btc wallet. Will cost more in fees inevitably but its bait for buyer and vendor sending from coinbase and will get your account closed sharpish

+1

RobDj79

Thanks Backwoods, appreciate that 🙏

+2

Backwoods1999

If you do use code ZENEZV1P no fees on ur first 3 orders

+1

RobDj79

Ace! Top one 👌

3 posts

+15 votes

by TheWeedologist

Buy Crypto Here Easily

9 posts

+15 votes

by heligoland

no ID bitcoin

+2

by heligoland

no ID bitcoin

Hi i want to buy bitcoin anonymously with no ID and ive seen suggestions to use sites such as hodl hodl but what im a bit confused about is if i buy some on a site like that and receive the bitcoin how will i then be able to send the bitcoin to the vendor as i dont see a option on sites like that to send your bitcoin to other people

+1

Backwoods1999

Hey zengo requires no id its just like coinbase

+1

RobDj79

Just got to an id verification page on Zengo 🤔

+2

Backwoods1999

Strange I didn’t till after I’d spend 2k on crypto

+1

heligoland

this might be a dumb question to someone who actually knows how bitcoin works but im dumb when it comes to that stuff sry

+2

billyegg111

Hey mate, look for an option to "withdraw" and it will ask for a btc address

+1

heligoland

and then just enter the address provided by littlebiggy vendor?

+2

billyegg111

Correcto. That's literally the last step to the process 👍🏻

4 posts

+6 votes

by ReefLostCause

transaction fees..

6 posts

+7 votes

by eybic

Coinbase closed my account!

+1

by eybic

Coinbase closed my account!

I received an email from Coinbase saying they are closing my account. I called them and they won't tell me why but have confirmed the email is correct. I've moved my crypto to another wallet but was wondering who I'd be best using? I only use crypto for LB purchases. Thank you

+2

sgoil-dubh

You shouldn't send straight from coinbase send it to a wallet first

+1

Kingerlini

Wish I knew this before…

+1

sgoil-dubh

coinbase will only get worse

+1

Kingerlini

100% trying to find an app now without KYC and stupid network prices

12 posts

+35 votes

by RobDj79

Exodus issue

+1.5

by RobDj79

Exodus issue

Hi guys I have £147 of btc in my exodus wallet but its saying I can only send £132 worth. So where the f$#k is the other £15??? Can anyone help please 🤢🤢

+6.2

hesh 10/10

after a "stable" couple of months in terms of fees and pricing it seems to have completely shat the bed today

had to get bent over by coinbase's daylight robbery transaction fees twice today since they wanted £6 in fees to send £80 to my wallet

unfortunately all we can do is just get fucking dicked over by it all because nothing will change on here speaking from lots of experience

even after manually adjusting exodus wallet fees, i had to spend £102 to make a £79 order, that £23 was lost to purchasing fees and transaction fees

TWENTY THREE FUCKING QUID POOF GONE UP IN SMOKE FOR NOTHING I COULD HAVE EATEN FOR A WEEK ON THAT

i'm absolutely fuming

+4

RobDj79

Yeah I spent over £20 in bullshit fees

+6

ike

exodus wallet does not keep transaction fees, they set them according to network conditions and the fees go to the network operators (miners).

you can override their suggested fees, the lower the slower basically until it's so low that it wont get picked up by the network, in this case you get your money back. a decent risk to take when the network is busy from a price rally since you are going to get more back than you sent in fiat terms.

+4

HoneyMonster

Huge huge fee's for every one right now its cray cray. Seen miners earned over 50billion in mining transaction blocks. The new age banks incoming digital age. But yes lets hope the fees go down real soon as i want to buy some goodies.

Exodus do have set larger fees but i do not mind paying them generally - it's when its a more global issue every fee is up i tried a few other wallets.

You can also set your fee to really low but a miner but not pick it up and gets held up in the blockchain pending for ages. Pay high fees they get it faster.

+3

DonBabbage

Could it be high fees at the moment? I've had similar with other wallets, they're taking their cut before being sent. But that's high for exodus though.

+3

RobDj79

I just kept refreshing page manged to send out the amount I needed to but still took over £5 🤬🤬🤬

+3

DonBabbage

Yeah, fees are a killer. Good job you're sorted though. Hope your purchase was worth the stress!

+1.2

DingDingDING

Think exo wallet fees just went back to normalish.

+1

TukTuk

still high for me ffs

+1

DingDingDING

Yeh went higher after looked normal wtf

7 posts

+18.2 votes

by tomatoalec

Painfully slow clearing of btc….

+3

by tomatoalec

Painfully slow clearing of btc….

I bought some coin at about 12pm today and normally it clears in my coinomi wallet within half an hour.

Unfortunately it still hasn’t cleared and I’ve obviously missed the postage cutoff for some sweet triple filtered hashy goodness. Sad times!

I normally use a coinomi wallet and get coin from btc direct.

When I view the transaction in blockchair it keeps swinging between taking 26 mins and four hours for confirmation.

Any pointers or suggestions? Just wait it out?

+3

Shroom Of The Loom 9.7/10

Yep, the blockchain has gone mad... they were asking me 60 dollars to send 60 dollars using Blockstream Green. Ended up sending all my BTC for 50 dollars (a lot more than 60 dollars yet I paid less, weird.) to Electrum wallet and started using that, the fees are 10x better and I've saved loads already...

136 sats costs you $85 with Blockstream, got 205 sats for $6 at peak times with Electrum.

I've had loads of customers messaging me about their orders remaining unpaid for ages, even after confirmations... Hopefully it all mellows out soon, delays are never fun.😊

SOTL

+3.2

DingDingDING

miners made 50 bill.

+2

tomatoalec

Cheers SOTL, it’s pretty crazy at the mo eh?! Hopefully things settle down before the stash is empty! 😂

+3

RealD 9.8/10

Gonna have to wait it out for btc network congestion and fees to calm down…

Most likely it’s cause of the BTC Ordinals Nfts or whatever they’re called that’s congesting the network

+2

tomatoalec

Hey thanks for the advice Real D.

Only one this for it, roll a fat one and wait it out! 🤣

12 posts

+20.5 votes

by Ladycoconut78

Both banks declining

+2

by Ladycoconut78

Both banks declining

UK resident and both my Starling and Halifax credit card are declining. What is the quickest solution for Christmas goodies please?

+3

ziggsters

Have you tried transfer? My cards get declined but transfers go through fine.

+1

Ladycoconut78

Paybis now won't transfer under 200 euros which is well annoying.

My Starling / Paybis setup is no longer working a treat.

What are other bitcoin buying options please?

Might just have to spend the 200 quid for an easy life.

+1

kempy

Zengo are offering first time users 0% fee for first purchases up to 200 usd (£180). Ideal for a one off purchase.

+1

Jimmymiff811

Hey there what do you mean by transfer all my uk bank now restricted crypto and don't know how to buy. been good for 3 years now can't buy aghhhhh

+2.2

Mamadadah18

LLYOYDS! There is your solution

+2

kempy

For the short term solution open a bank account with revolut. If you don't need any goods for a while, long term go chase or monzo.

+2

Ladycoconut78

This is what I've done. It works with my existing Coinbase setup.

Bit of a faff but....whatevs

+2

Ladycoconut78

Thank you. Ill have a look at Revolute

+2

kempy

Revolut will let you buy goods today short term cos they'll give you a virtual card once opened and that can take minutes but fees aren't so good but chase offer 1% cashback on spending for a whole year or monzo is good but you'll be waiting days for your card.

+1.2

Ladycoconut78

Ziggsters I could kiss you. Works a dream. What a faff!

3 posts

+12 votes

by Gunga Din

KYC

6 posts

+12 votes

by GnuBoarder

Proper buying process advice sought

+3

by GnuBoarder

Proper buying process advice sought

I’ve made a couple of purchases on LB (noob) by buying bc via Coinbase & sending straight to vendor - so far,so good. But would it be better to send bc to a wallet & pay vendor from there? Also I haven’t seen an option to input a bc wallet address in the event of dispute/refund, perhaps I’m not looking in the right place. Just want to ensure as much as poss that my order/transaction is secure. If anyone’s able to summarise the procedure or offer any advice it would be appreciated

+2

pollypuff20

Hi,
You don’t pay the vendor, your coin goes to LB transaxe and is held in escrow, so in other words LB offers a full transaction/resolution service.

Transaxe creates a new wallet address for every order so you can send directly to that, no problem. In the event of a refund you will need to provide your own wallet address but if you don’t have an external wallet your exchange will provide an address. I don’t know where the request is on Coinbase, normally it’s via Settings. On Bitpanda that I use, you can click to generate an address.

Hope that helps…

+2

GnuBoarder

It does help. Thank you. I did used to use a Coinomi wallet when I bought on cannazon but when I checked recently the bc exchange rate seemed much more pricey, hence why I’ve just used Coinbase. Anyway, I’m curious as to how my escrowed payment gets released - on cannazon I’d have to log in & mark my order as ‘received’ (I miss cannazon😂 like Amazon fr stoners)

+3

pollypuff20

Transaxe release the payment to vendors after approximately 16 days. This allows for the dispute period to expire. Some people believe that the coin is released to the vendor once the item is reviewed (and hurry to review even if they haven’t tried the product yet so happy are they to have received it 🥳) but this is not the case. Many argue that this would be a big improvement if funds were released as soon as the buyer confirms receipt and satisfaction.

+1

GnuBoarder

Ah yes, i thought the same. Wondered if i needed to physically mark the order as ‘received’ somewhere. Ta for clearing that up

7 posts

+21 votes

by Serial Chiller Labs 9.7/10

Time for some Monero!

+7.5

by Serial Chiller Labs 9.7/10

Time for some Monero!

+3.2

1620

what wallet do you use for monero? i find loading transactions to be a nightmare in everything ive tried.

+4

Serial Chiller Labs 9.7/10

The one I liked the most is Exodus.

+2

Bongedsteve

Mymonero works alright

+1

Vitalizer

Does anyone on this site offer payment in XMR? So many nice items but i don't want to pay in BtC

+1

Serial Chiller Labs 9.7/10

Unfortunately not. Last year there was a rumor that Litecoin would be accepted, but that never happened.

10 posts

+11.8 votes

by Barry_Scott

Which websites don't require id for bitcoin?

+0.2

by Barry_Scott

Which websites don't require id for bitcoin?

New buyer here and would prefer not to use any form of id for buying bitcoin this meaning it's even more difficult, I've been thinking about using paxful and their spending limit before needing to give an id.

+3.2

URBANLEAFCO 9.8/10

Hey mate

Take a look at hodl hodl mate. There's no KYC there!

ULC

+2.2

winston

I’ve found one or two sellers on localbitcoin

+1.2

UK 420 9.7/10

https://kycnot.me/

Lists all KYC free exchanges

+1

Tedding

New here too, I have found using hodlhodl.com the easiest

+1

Magicman

Exodus wallet is good just download it and it will make you a wallet you can also buy crypto no probs

+1

Puff-The-Magic-Dragon

I just tried there and they take you to moonpay who require id verification and i tried switchere which also says it does in its terms how are you doing it?

-0.8

DatTwinkie

Switchere.com doesn’t need id, you can send it straight to the sellers
wallet

+1.2

Puff-The-Magic-Dragon

In there terms of service it says it does.

1 post

+1 votes

by BarbelHunter

Bitcoin Bank

5 posts

+6 votes

by Tonynicho

Btc

3 posts

+4 votes

by smackavoy

Send bitcoin not received

6 posts

+8 votes

by Elvis ramone

Legacy format

+1

by Elvis ramone

Legacy format

New person here and its probably a dumb question but. I am requesting a refund and have been asked to supply a legacy format link ( starts with a 1 and 3 not bc) . The link from my wallet begins with a bc and the online conversation tools say it cant be decided. What am I doing wrong folks?

+2

Thadogglb

I don't think one is able to receive btc via bitpanda. I had a refund last year and I think I managed to open a BRD/Coinbase wallet and had the refund sent to that wallet then used it to order something else on here

+1

Elvis ramone

Thank you for the feedback.

+2

URBANLEAFCO 9.8/10

Hey

What wallet do you currently use mate?

+1

Elvis ramone

Bitpanda. Thanks for the reply

3 posts

+5 votes

by afnicho

Btc

3 posts

+13 votes

by Luna Frog

Is it normal to have to upload

1 post

+8 votes

by theStrokes

How to Buy Bitcoin anonymously and avoid KYC

1 post

+1 votes

by Cptpugwash

Luno

2 posts

+6 votes

by ReefLostCause

kucoin

21 posts

+39.2 votes

by mrneo

Binance crippling fees

+3

by mrneo

Binance crippling fees

I'm trying to make my first purchase and realised that:

1 - Binance has a minimum withdrawal of 0.001 BTC (about $47).
2- The withdrawal fee on this would be of 0.0005 BTC (50%).

Am I doing something wrong here? How do you guys avoid these fees? Which exchange do you use?

Thanks in advance.

+4

Noxa88

LB only using BTC is a total fuck up imo, ridiculous to use a POW where it has to go through every single miner to prove work, there are a million other options that would be awesome, I mean NEXO is free… XRP takes seconds, BTC transactions for an 1/8 is retarded full stop.

+4

Todd's Sure Thangs 10/10

exchanges come and go and so do their policies. its always best to have your own wallet. many free ones exist, just move your money there after you exchange a chunk. that money is truly yours and not captive to minimums or extra fees.

+2

mrneo

Does that mean that if I buy let’s say £500 in BTC, pay the £20 binance fee and put it in my wallet (I use BRD but could use other), now that £480 is completely mine and can send it to other people (sellers here lol) for free?

+2.2

Noxa88

The cheapest way would be buy something like NEXO woth your fiat, transfer to a wallet for free then swap the NEXO for BTC in the wallet itself. Cheapest way it can be done.

+2

Todd's Sure Thangs 10/10

yes my furry friend if its in your wallet its yours and there is no way it can be taken away or subjected to pinching.

+2

Nickpj123

Hi, it is a minefield, it is easier now there is the multi vendor option to checkout! I use Bitpanda the minimum is 0.0015, but the hash rate tracks the market mwan I think, itisusually a couple of quid to make the transfer.

+1

mrneo

Only a couple quid for a 0.0015 transaction sounds great to me. I thought the 0.0005 BTC fee was standard all across? Man so much to learn…

+2

pollypuff20

Yeah, I use Bitpanda too…
Transaction fees change by the minute to reflect levels of activity on the blockchain. Bitpanda is generally cheap at weekends, particularly at night. It is then a couple of quid normally, but with that irritating 0.0015 minimum.
It’s pretty fast and easy though👍

+1

mrneo

I’d imagine that if the price depends on the activity on the blockchain then it’s probably cheaper in the evening over the weekend on Binance too right? Is that kinda how it works?

+2

pollypuff20

Yup…lower traffic should mean lower fees…

+1

mrneo

Alright so in case there's another newbie like me around... I managed to sort this out! I avoided binance's awful fees by sending from my wallet (BRD) and payed only $0.70 in fees.

Much love everyone, and thanks for your help.

+2

Marcw360

How do you use the brd wallet ? Is it just like binance ? Buy crypto then send to the required address ? Any help much appreciated!

+2

mrneo

It’s kinda similar. BRD is a wallet so I think its main function is to store your crypto, but it allows you to buy and sell, transfer, etc . I’ve found that the fees BRD charges are way better than Binance, so definitely worth a shot!

+1

Klicker

But where do you buy the bitcoins from to transfer to your wallet? Doesn’t that mean you still have a big transfer fee to send to your wallet?

+2

hippy50s

not with binance now the fee charged by binance is returned to your account fully so the fee will only be down to the blockchain traffic and that for me is arond 30p to £1.30 from ledger to LB ;)

+1

Klicker

Is this new. Do you have to request return of fee from binance? Thnx for the help.

+1

hippy50s

yes its new came in a few weeks ago and its automatic and puts it in your funding account its a bit tricky finding it and then covert it back into USDT. this is substantial as the fees were £20 now its free ;)

+2

hippy50s

they now also do free bank deposits but i wont use this feature as i cant see why i sould make their job easy by tracking everything crypto as using this will give them your account details of your binance info so i do still pay a £3 fee via revolut but this way i keep the two seperate

+1

mrneo

Sorry for the late reply. I buy mine through BRD (which is also my wallet) and their fees have been minimal in comparison to other places I've tried. Hope this helps!

1 post

+1 votes

by coldspurs

Bestchange.com?

7 posts

+18.2 votes

by daBiggaSUPREME

Bitpanda screwed thread

+5.2

by daBiggaSUPREME

Bitpanda screwed thread

Is bitpanda still fucked for smaller transactions? It seems they have a minimum transaction threshold going.

+5

theStrokes

If you have a small amount locked up by minimum transactions or crazy fees you can:

1 leave it in there as a small investment for a future purchase or two.

2 add more to it to then move all your coins to a wallet with no minimums and better control over fees.

The busiest times and highest fees on the btc network are when the price is going up. If you are holding a little while this is happening you are covering the fees with your gains.

+2

Thadogglb

Think they do. Min amount you can send someone seems to be 0.0015 btc

+2

coldspurs

im not sure how the exchanges play this but minimums on the blockchain and fees for that matter are a function of how many inputs are involved.

if your wallet is an accumulation of small amounts of bitcoin (like change in a pocket) thats a lot of inputs and it can make a transaction infeasible when fees are high.

+2

pollypuff20

What’s the minimum?...Crypto.com is almost £120 now :(

+1

Khuunntt

Fee at £2! 6/3/21...18:00

1 post

+1 votes

by Khuunntt

Bitpanda fee £2

1 post

+2.2 votes

by smoko ono

CEX.IO 9/10

1 post

+5 votes

by smoko ono

Kraken 8/10