Best Bitcoin rates?

flannel2

Anyone know where the best Bitcoin exchange rates can be had or know of a comparison site similar to the MSE travel money site?

Quite a few I've checked require you to log in and have Bitcoin to sell before they tell you the rate. Best I've found so far is LocalBitcoins.

EDIT (23/7/2020):

Summary of thread - Don’t bother reading, hardly anybody is on topic.

Kudos to “pioruns” who suggested Binance Jersey and “Bowlhead99” who mentioned Bitstamp.

I’ve done my own research and the results are tabulated below in order of best overall rate for exchanging about a grands worth of BTC and withdrawing the GBP. Note that I could be wrong as on some sites it’s not easy to be sure what the actual sell rate is. These rates were obtained within seconds of each other. Binance Jersey looks like the best bet - thanks again pioruns.

83705628

I'm assuming this is a joke

flannel2

No, I have a few to sell and want the best low-risk rate.

83705628

... why would someone who uses this website buy bitcoins?

TBC15

tcallaghan93 said:

... why would someone who uses this website buy bitcoins?

Crack Cocaine, Your ex got hold of your password list, self destructive tendencies, blow to the head to name just a few.

doe808

TBC15 said:

tcallaghan93 said:

... why would someone who uses this website buy bitcoins?

Crack Cocaine, Your ex got hold of your password list, self destructive tendencies, blow to the head to name just a few.

Crack Cocaine is probably more acceptable about here than bitcoin

[Deleted User]

I am using Binance Jersey Exchange, daugther company of Binance.

It's UK friendly enchange, registered in Jersey. It supports GBP Faster Payments. To sell or buy you pay 0.1% fee. Comparing to Coinbase's fee of 1.49% it's a no brainer.

Refer a friend link: https://www.binance.je/register.html?ref=35081521

...or just to go binance.je without refer a friend if you don't want. Enjoy.

flannel2

Thanks pioruns, I'll check it out.

As for the trolls, it's an investment like any other, just high risk - it has been very lucrative for me as I bought a small amount before the 2017 bubble.

Malthusian

flannel2 said:

As for the trolls, it's an investment like any other, just high risk - it has been very lucrative for me as I bought a small amount before the 2017 bubble.

Probability and the mathematics of zero-sum games says you then bought a significantly larger amount after the bubble

Zero-sum games are gambling, not investment, due to their negative expected return.

RolandFlagg

0.5% of my portfolio is in Bitcoin. Yes it's highly speculative, but it's money I can afford to lose, and it has huge possible long term upside. Cathie Wood from Ark has a small amount in Bitcoin, so that is good enough for me.
Anyway, I hold it at Blockchain.com. When you log in, they email you a link to click, then also text you a code, so it's pretty secure. They also pay 4.5% on balances, which can be withdrawn at any time. Not for everyone I know, but if you want to hold a small amount of Bitcoin then that site is my preferred option.

fwor

RolandFlagg said:

Anyway, I hold it at Blockchain.com.

I thought that the received wisdom was never to hold any coin on an exchange? Because sometimes the exchange owners do a runner with the money, or the "owner" dies (possibly) having failed to tell anyone how to access the reserves, or whatever.

Not that I claim any first-hand knowledge. My preference is for investment rather than speculation, so none of the cryptocoins hold any interest for me...