Any sites like LBC where i can buy large ammounts of btc with cash deposits?

Needing to do cash deposits for bitcoins for ammounts 2000+ but dont want to pay the extremely high rates that people charge on local bitcoins.


Comments


[3 Points] Vendor_BBMC:

If that's 2000 btc, that IS a large amount-

If its $2000 or £2000 it isn't. 10 BTC goes unnoticed, paricularly if you are buying them rather than laundering them.

If you look on Winkdex

https://winkdex.com/

it looks like localbitcoins always has a higher exchange rate than all the rubbish "traditional" exchanges, but its not true. Otherwise arbitrage would take place, buying on one exchange and selling on LBC. More sells than buys on LBC would push down the price.

There are MANY different exchange rates on local bitcoins, depending if you are the buyer who placed the advert or buyer responding to the advert, whether its a local trade for cash, bank transfer, western union or all the other methods allowed.

You could even just use your online banking to pay. law enforcement dont care about somebody BUYING bitcoin. Its pretty much a guarantee that you're not a drug vendor.

(Why would we buy them? Our wages are in bitcoin, and we don't need to buy drugs with bitcoin because by definition, we have a surplus of drugs).

If prices are slightly high on localbitcoins, its because its a secure, safe space to trade with others. No cash touches it and the bitcoin are there for an hour at most.

That makes bitcoins in localbitoins more desirable than ones in a MTGOX-style nosy american exchange, and hence inherently more valuable.


[1 Points] NoobyDo:

If you want to buy bitcoins instantly AND anonymously than you have to pay high rates. Choose one without the other and it will be much cheaper.


[1 Points] throwahooawayyfoe:

try looking for a reputable seller over on the bitcointalk.org forums. that'll probably be your best bet for anonymous and cheap.


[1 Points] jakefatman:

bitquick.co


[1 Points] 0xb44d:

pm sellers on localbtc most will do a deal

crossing black and clean money always comes with a premium