Subnostr

Been doing some shopping around of new places to buy Bitcoin recently - holy hell have the spreads gotten offensive on these exchanges. One quoted me $45,200 and still had the audacity to charge an exchange fee☠️

These spreads will probably get a lot worse as Bitcoin becomes more scarce.

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Discussion

captjack 🏴‍☠️✨💜 2y ago

so u saying REAL BITCOIN has PREMIUM to pay than shit-synthetic bitcoins like ETFs TrustFunds Futures or Ticker BTC which some exchanges never allow you to withdraw

captjack 🏴‍☠️✨💜 2y ago

Severe Backwardation on SPOT can BREAK FUTURE trading exchanges

UNLICENSED MONEY TRANSMITTER 2y ago

p2p?

Zach⚡️ 2y ago

Much higher premiums (but that one makes more sense because it’s so illiquid)

UNLICENSED MONEY TRANSMITTER 2y ago

OTC? what kind of places?

Zach⚡️ 2y ago

For P2P? Or places I’ve looked?

UNLICENSED MONEY TRANSMITTER 2y ago

where do you buy that is taking a big margin?

Zach⚡️ 2y ago

The place I’m talking about was coinbase - but I don’t buy from them. I’ve been shopping around for a new broker to do a bit of volume since there’s a business I’m working on orange pilling.