How do YOU put fiat $$ into cryptocurrency?


There is a lot of bullish sentiment in the crypto market of late which is reflected in the current prices of some of the popular coins. I am not an analyst or a trader but I do try to read all I can from the folks that seem to know and then I make my crypto investment decisions based on that info.

I say that to say the time has come for me to put some fiat into crypto again. Last time I put USD in was in late 2017, I have been playing with house money so to speak, since then.

The Question

What is the best fiat to crypto gateway at the moment?

I know of a couple but have not been keeping up with this aspect lately so any suggestions of straight forward, cash to crypto, badda-bing, badda-boom services would be appreciated.

Coinbase

Coinbase is the only place I've traded USD for crypto, it was easy, but it was also recorded and though this is not a deal breaker at the moment, a more anonymous entry would be preferable.

Bitcoin ATM

Cold, hard CA$H for BTC, no waiting, no ID, no fuss, no muss ( I don't know wtf "muss" is but there is none of it at Bitcoin ATMs). I know there is a fee of 5% or more but I'm willing to pay that for the perks I just mentioned.

This photo, which is unrealted to the post other than it is my current situation as I get ready to watch the Super Bowl, was taken by me ;)

I'd love to hear of some new ways to jump from cash to crypto though I think I may have just talked myself into a Bitcoin ATM. Haaahahaha.

These are some of the posts about Bitcoin I've enjoyed this week:

Posted via Steemleo


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03.02.2020 00:42
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5BDD6841-141E-425C-ACD1-8987053DB7BB.png

03.02.2020 00:48
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Posted via Steemleo

03.02.2020 01:18
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I'm up to 20%...my ATM has a spread over spot and 8% fee, but I'm ok with that as long as BTC is under $10k usd

Posted using Partiko Android

03.02.2020 01:18
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Shit 20% is a big cut but I agree, under 10k and I'd pay that. Thanks @sagesigma.

Posted via Steemleo

03.02.2020 03:00
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I've noticed those green CoinStar change counting machines at local grocery stores now sell BTC... I don't think you can buy BTC with your spare change yet, and I don't know what their rates/fees are like... but it seems like it would be a pretty anonymous way to buy BTC with fiat.

=^..^=

Posted via Steemleo

03.02.2020 02:19
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Oh, that's interesting @curatorcat.ccc. I just found an old dime and a Canadian quarter in the tray of one of those machines the other day. I'll have to look closer at that machine, though, I think I would have noticed the Bitcoin B on that machine if they sold it. Thanks for the tip. !BEER

Posted via Steemleo

03.02.2020 03:04
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The Coinstar machines in my part of Canada don't have that feature yet but I know it is capable should the Powers that Be allow it.
If they allow it.
Found $4 in change already.

Posted via Steemleo

03.02.2020 15:42
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$4 already!? You are a Coinstar CHAMP @kerrislravenhill!!

Posted via Steemleo

04.02.2020 00:46
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I snapped this at our local Safeway (western Washington state)...

1044-CoinstarBitcoin.jpg

Posted via Steemleo

03.02.2020 21:25
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Westen Washington!? I'm down here just over the border in north-central Oregon, about four hours from Seattle.
Yeah, my coinstar machine does not have that sign. Thanks @curatorcat.ccc.

Posted via Steemleo

03.02.2020 23:38
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View or trade BEER.


Hey @curatorcat.ccc, here is a little bit of BEER from @summertooth for you. Enjoy it!

Learn how to earn FREE BEER each day by staking.

03.02.2020 03:04
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I use Coinbase

03.02.2020 04:02
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Yeah, me too, I just get tired of these fuckers taking a cut AND tracking my shit! I'm tring to find a better way but will probably end up back there too.

Posted via Steemleo

04.02.2020 00:48
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I Wish I had some Money to Buy Crypto but It seems like I keep Buying more Silver so I don't have anything left to use to buy Crypto with......@summertooth

03.02.2020 06:27
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I bet you you could sell some of that shiny for crypto @stokjockey. Then it's LAMBO time!!
)

Posted via Steemleo

04.02.2020 00:49
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Hi @summertooth, I think the last time I looked into a Coinstar machine they wanted your drivers License, and they had high fee's too🤔

So there goes the anonymous entry.......

I use Coin Base Pro, the deposit's for me take seven says to clear....I have one clearing Friday!😀 Deposits and withdraw's are free, but there is a trading fee, I believe it's 1% or less.....
I trade for BTC, and send this to Bittrex and trade for Steem!!!
I am hoping that we will see a dip in the market by the weekend...Maybe LOL!
See you on the other side of SPUD my friend🤗

03.02.2020 07:29
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Yep, I am familiar with Coinbase and the week delay, it used to give me fits in 2017 when I wanted to buy a dip and then it turned into a peak while I was waiting for my cash to clear. Just seeing if there are any other innovations in this area. Thanks for the tip though.

Posted via Steemleo

04.02.2020 00:51
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Glad to see I'm not the only one frustrated with the seven day waiting delay!🤔

04.02.2020 03:19
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I have BTC/LTC/ETH ATMs available with only a bus ride away but I admit that I have yet paid one red cent into my entire Crypto portfolio. And stayed away from the major exchanges as well, so I just plain HODL.

Posted via Steemleo

03.02.2020 15:37
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Nothing wrong with that Raven! HODL = MOON = spaceLAMBOS

Posted via Steemleo

04.02.2020 00:48
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