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.
p2p?
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Much higher premiums (but that one makes more sense because it’s so illiquid)
OTC? what kind of places?
For P2P? Or places I’ve looked?
where do you buy that is taking a big margin?
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.
