I know everybody hates centralised exchanges but sometimes you find yourself in a situation where you need to use one. So the question is which one?
Yesterday I had a bad experience with Binance (long story but TLDR is any convertion of currency pairs that include EUR or USD fiats are not working), so I cannot recommend them now, even though in the past it was fine for me. I heard of Kraken and Coinbase but have zero personal experience with them.
Here is a curated list
https://darthcoin.substack.com/p/from-where-can-i-get-some-bitcoins
In regards of Conbase, here is a serious warning
#78930
I use kraken and binance when I need them.
xabo is good option
I’ve had good experiences with Gemini. I can share a referral code if you want, I think it earns us each some amount of credit or fee reduction or something. Idk. I also use their APIs for programmatic purchasing and they work pretty well
Here in 2024, I assume this list has changed a little, hasn’t it?
Stay away from any centralized exchange.
It is best to use P2P (despite being soft-KYC in some cases):
Bisq, Hodl Hodl, Relai (REL57044), Peach
More options here: https://kycnot.me
BUT...
If KYC doesn't worry you (although it should) and you need a good on-ramp, card-based, and highest rewards for passive earnings, get Wirex: https://wirexapp.com/r/CryptoShalix
Disadvantages:
Advantages:
It is not a question of using it by depositing ALL your money.
Instead, leave only what you are willing to lose, as you would with a traditional bank. But you will earn rewards and you can use it in the fiat world while implementing Bitcoin in the stores you visit with self-custodial wallets.
deleted by author
Is Bisq still working? Didn't list about it anymore.
deleted by author
deleted by author
It's soft kyc. They store your banking details. Consider Peach for non kyc.
Thank you for this conversation. Bookmarking this topic.