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See my thorough review of Localbitcoins, I personally use it to cash out of positions quite often. Pros Find bATM locations near you No ID needed in some cases Explains how a bitcoin atm works Cons Not always possible to find a machine nearby Youll have to leave your house!
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Things feel smooth when using Bittrex. Therefore not great for large orders. Nevertheless, the exchange provides trading of 150 different coins while traders who provide liquidity by placing their own asks and bids are paid a highly competitive.01 rebate. Well received by people using sepa and credit cards.
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Its platform is functional enough to have attracted tens of millions of new customer every month. LetsTalkBitcoin podcast, and check out r/btc.
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Pros Even more decentralized than ERC20 token exchange, Etherdelta p2p AND decentralized Trusted escrow system for bank transfers Cons Advanced level of IT comprehension needed The high skill-level barrier to entry results in far lower volumes on Bisq. Spot and leveraged trading available. I like Bitstamp because they really focus on being a pure bitcoin-only exchange (update: since 2017 Bitstamp have started adding popular cryptocoins). Escrow and dispute resolution is provided by the site. M Formerly known as Bitx, Luno is a bitcoin exchange and wallet provider, they only offer bitcoin trading and ethereum trading.
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I've also written a comprehensive Coinbase review for more detail. This is an important question to ask when choosing the best place to buy bitcoin. Such infallibility comes from the storing of all personal funds in smart contracts - over which only you have control of the private keys. It has a lot of similarities as Coinbase, however only sticking to bitcoin reduces its draw for traders however the fact that they cover so many countries is a selling point.