Hey, there @trostparadox
The best way to get crypto from the USA will be:
Step 1:
Buy it via CashApp
You can do research on the app if needed but it is owned by Square Inc very big company.
And you can buy bitcoin for as little as $2 and send it with 0 transaction fees on the blockchain.
If you use my referral code will be grateful.
SWZDCXS
Step 2:
You can deposit your BTC to https://www.binance.us/
And from there buy the Hive you want and bring it to the Hive ecosystem and Buy the Leo from the https://tribaldex.com/tokens
Namaste
@tipu curate
I checked and binance US doesn't have hive listed.
Ok, @marki99 you are right on this one :)
I didn't know they support different trading pairs because of the regulations...
In this case https://bittrex.com my be the option...
Thanks for this suggestion.
I decided to go ahead and get a CashApp account to see about giving this method a trial run.
Getting $1,000 into a CashApp account was pretty easy, using a debit card, and there were no fees.
However, when purchasing anywhere from $250 to $1,000 worth of BTC, the fees were around 1.7%. (At $200, the fees went up to 2%; at $100 they were 2.25%).
However, that is less than the 3% debit card fee Bittrex charges, so I decided to give it a try.
Immediately after purchasing the BTC via CashApp, I initiated a transfer to Bittrex. It took over 30 minutes for the transfer to receive its first confirmation. After 50 minutes, there had been 2 confirmations but the BTC was still showing up as "pending" in my Bittrex account (saying there has only been 1 confirmation).
After 60 minutes, the Bittrex account still shows only 1 confirmation, even though blockstream.info shows 3 confirmations for that transaction.
My conclusion, based on this trial run: a wire transfer direct to Bittrex seems the better option.
UPDATE: After just over an hour, the BTC finally showed as tradable in my Bittrex account.
I immediately initiated a transfer back to USD. Even though the price of BTC had gone up slightly, the buy/sell spread on BTC left me with 1.5% less.
So, the net fees of getting the USD from my bank to Bittrex (via BTC via CashApp) ended up being just over 3%.
So, debit card deposit direct to Bittrex would've been better (and much faster).
Wire transfer seems to be the better way to go. I'll give that a try tomorrow, if I can find time to get that done.
@trostparadox
True sometimes the transactions are very slow but it depends, sometimes they go thru for 2 min, I don't know and understand completely what that is based on, but still, it is a good option to purchase BTC...
Upvoted 👌 (Mana: 11/22) Liquid rewards.