Over four years ago I made my first and only fiat-to-crypto purchase. It was $100 in BTC, from Coinbase, and I gambled it all away. Since then, I lost my job and haven't had the opportunity to purchase crypto, and all of my crypto had been from faucets, airdrops, giveaways, and more recently, selling the service of minting and marketing NFT on the BCH blockchain. Today I managed a small windfall, and that combined with the recent dip (which I see is slowly but surely inching back up) has me convinced that it's time to go all-in. Only this time I've got my gambling addiction in check, and my eyes have been opened to the real Bitcoin: Bitcoin Cash.
I currently have accounts with and am KYC'd with Coinbase, Binance.us, Uphold, and Kraken. I won't touch Kucoin. I also know that BCH can be bought directly from the Bitcoin.com wallet. I know of local.bitcoin.com too. What I don't know is which one will give me the best rate and fastest delivery, as well as fastest payment acceptance. I'm thinking Binance.us is out because they do that stupid hold on your crypto whenever you buy from them (they held my crypto even when fiat wasn't involved!). I'm currently leaning towards Coinbase, but of course their fees suck. I'm really curious to see how Bitcoin.com works, and I've been hearing horror stories about local.bitcoin.com.
What do you think?
Also, BTC maxis need not apply. If you troll here you'll just get a quick add to my block list.
Edit: I went with Coinbase. Unfortunately they don't let you deposit via debit card and I couldn't be fucked to wait 3 days for an ACH transfer. Now I'm trying to get my BCH off of Coinbase, but after I enter my BCH address, the preview shows a completely different address! Is this them converting it into a legacy address or something? I want it off the exchange ASAP but I also don't want to send it out to some random address to get burned.
Edit: OK I double-checked explorer.bitcoin.com and it was indeed the legacy address for my wallet. Damn near had a heart-attack there! Alright folks nothing to see here! LOL
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source https://www.reddit.com/r/btc/comments/mdfszr/what_is_the_best_way_currently_for_someone_in_the/
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