New blog post: Coinbase - Finally, a simple, cheap way to buy bitcoin. cc @coinbase @jonmatonis

JoeCascio.net » Blog Archive » Coinbase.com – Finally! A simple, cheap way to buy bitcoin

joecascio.net 30 Nov '12, 6pm

New blog post: Coinbase - Finally, a simple, cheap way to buy bitcoin. cc @coinbase @jonmatonis

I have been using Coinbase to buy bitcoin lately and have found it to be the simplest, lowest cost, if not the fastest alternative for online purchasing I have tried. They use convenient and very low cost (15 cent) ACH transfers to withdraw money from a bank account you designate to buy bitcoin, or into which to deposit money when you sell bitcoin. Because of the ACH transfer, it currently requires a US bank account. Their fee is only 1%, which is much lower than other services like Bitinstant, which charges 3.99% and also entails “surprise” charges by other intermediaries like TrustCash, which can raise the total charge to over 10% depending on how much you buy. No worries, mate Beside the low cost, a big attraction of Coinbase for me is its one step simplicity. Aside from my own bank, there are no intermediary institutions or services involved. Other exchanges require on...

Full article: http://joecascio.net/joecblog/2012/11/30/coinbase-com-fin...

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@BoRyanMaynard » 03 Dec '12, 4am
Stumbled onto a review written by my buddy @JoeCascio on the #Bitcoin charts. Very helpful, sir. Thanks! [link]
@janowenltd » 02 Dec '12, 9am
low cost #bitcoin purchases via @conbase (US bank account required) review [link] @JoeCascio
» 01 Dec '12, 1am
RT @BitcoinOz: Joe Cascio - Review of Coinbase: [link] #bitcoin
@buy4bit » 01 Dec '12, 12am
#Bitcoin News: Joe Cascio - Review of Coinbase [link]
@bitcoinnews » 30 Nov '12, 11pm
RT @JoeCascio: New blog post: Coinbase - Finally, a simple, cheap way to buy bitcoin. [link] cc @coinbase @jonmatonis
@JoeCascio » 30 Nov '12, 6pm
New blog post: Coinbase - Finally, a simple, cheap way to buy bitcoin. [link] cc @coinbase @jonmatonis
@BitCoinReporter » 01 Dec '12, 3am
[link] Finally! A simple, cheap way to buy bitcoin [link] #bitcoin
@billgleim » 01 Dec '12, 1am
RT @JoeCascio: New blog post: Coinbase - Finally, a simple, cheap way to buy bitcoin. [link] cc @coinbase @jonmatonis
@BitcoinOz » 01 Dec '12, 12am
Joe Cascio - Review of Coinbase: [link] #bitcoin
@bitcoinmoney » 30 Nov '12, 11pm
RT @JoeCascio: New blog post: Coinbase - Finally, a simple, cheap way to buy bitcoin. [link] cc @coinbase @jonmatonis