Ask HN: Best Place to Buy Bitcoin (today)? | Hacker News Reader

Ask HN: Best Place to Buy Bitcoin (today)?

27 pointsjohnhenry19 comments

I realize that a few bitcoin exchanges (Coinbase, localbitcoins, etc.) have been struggling to keep up with demand recently. I wonder if these are having issues because they are the main places people go to buy bitcoin? Perhaps knowing of other places would help alleviate the stress?

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Gemini.com is my favorite, but GDAX works too.

gemini is down (again). i like the interface, but it's been buggy.

Gemini = fast and cheap

Coinbase = joke, expensive, slow and zero customer service.

Open gemini.com and coinbase.com and compare the current BTC price. You'll see the spread they make on coinbase... and we're not even talking about transaction fee

The bigger issue is where you are going to be protected by the government in event of hacking, owners disappear with the money, etc... (presumably you are not keeping your wallet locally tattooed to your left...)

There's no issue purchasing from Coinbase, transactions are instant.

aaand then there were issues!

Luno for me. Smooth interface, low fees, very easy to trade, and they saved my butt twice when I accidentally put in the wrong price on the exchange.

Just use GDAX. No fees if you use limit orders.

Why do they need Aadhar(Indian Identity Number) for buying bitcoin in some of the apps like Zepay?

If you use SFOX.com you can buy on whichever exchange has the best price.

Bitstamp.

Bitstamp is only good for those who are in Europe.

Coinbase or GDAX from Coinbase if you want lower fees.

GDAX for me. Quicker than Coinbase and lower fees.

looking at GDAX (my first view of it) it looks like the organization that owns GDAX's SSL cert is coinbase, are they not a subsidiary?

gdax owns coinbase AFAIK

GDAX is just the Coinbase exchange front-end, operated by Coinbase. It used to just be called “Coinbase Exchange” before they changed to a more generalized “GDAX” in May 2016.

Only for US?

Mt. Gox

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