SuperKingCheese
Junior Member
- Sep 17, 2019
- 140
- 86
Coinbase is literally the worst lol
What wallet do you recommend
- Thread starter Lilgwanz
- Start date
-
- Tags
- bitcoin crypto 2020
why not localbitcoins ?
DunderMannen
Elite Member
- Sep 11, 2019
- 2,135
- 1,986
Louis Vuitton 
are you kidding?Louis Vuitton
bestspinner
Power Member
- Apr 23, 2019
- 522
- 310
i recommend using electrum
Karinaoods
BANNED
- Mar 16, 2020
- 31
- 3
Suggest Electrum
D
Deleted member 1333509
Guest
If you want to trade OP, the best, most trustworthy and reliable (as well as economical) option is Binance. They are a leader in the industry, they have really high liquidity on all assets, their security is solid, they are an institution instead of a a flash in the pan.
Coinbase is a brokerage and so the fees there are higher, but they have their own exchange called Coinbase Pro, which has much lower fees than the brokerage, and has a really good infrastructure.
Binance is a better option than Coinbase Pro though IMO. Trading at either Binance or Coinbase Pro is much cheaper than LocalBitcoins or out of any kinds of software wallets because they have way lower fees because they have a much higher volume of trades (so they don't need to charge so much).
LocalBitcoins is great for one-off trades where you need to get a bridge between crypto and fiat (mainstream banking or cash), but as a long term solution for making multiple trades it is a TERRIBLE option. You get shitty exchange rates and then fees on top. Exchanges give you close to the perfect exchange rate and then way smaller fees as well.
Binance is quick and easy to set up, and has industry-leading features throughout. It's the best choice for casual traders.
Coinbase is a brokerage and so the fees there are higher, but they have their own exchange called Coinbase Pro, which has much lower fees than the brokerage, and has a really good infrastructure.
Binance is a better option than Coinbase Pro though IMO. Trading at either Binance or Coinbase Pro is much cheaper than LocalBitcoins or out of any kinds of software wallets because they have way lower fees because they have a much higher volume of trades (so they don't need to charge so much).
LocalBitcoins is great for one-off trades where you need to get a bridge between crypto and fiat (mainstream banking or cash), but as a long term solution for making multiple trades it is a TERRIBLE option. You get shitty exchange rates and then fees on top. Exchanges give you close to the perfect exchange rate and then way smaller fees as well.
Binance is quick and easy to set up, and has industry-leading features throughout. It's the best choice for casual traders.
twinturbo90
Regular Member
- Jun 14, 2019
- 322
- 123
Localbitcoins to buy and sell. Offline hardware wallet to store.
- Jun 26, 2018
- 1,150
- 595
Electrum, hands down---very simple to set up, gives you a functioning wallet in minutes. From there you can find options for exchange operations at your leisure.
Annie J. Adair
BANNED
- Mar 21, 2020
- 33
- 5
Electrum recommend
Diana Popova
Newbie
- May 11, 2020
- 16
- 7
I use Webmoney
Howard C. Payne
Newbie
- Mar 23, 2020
- 30
- 5
Electrum awesome working
LeapOfFaith
Regular Member
- Sep 8, 2019
- 265
- 85
Coinbase is an old name in that industry, go with them. Obviously after you are done buying and trading don't keep your crypto there, withdraw it to your own wallet.
