Easy Bticoin?

[Air Smiles]

I have to make a payment in Bitcoin which I've never done before.

Can someone recommend an easy but also good value path to making the payment?

 

Someone recommended Bitpay, but on researching I can see in recent weeks a lot of people are complaining their funds have vanished from their wallet, the dust hasn't quite settled so not sure if lost for good, the only thing certain is their funds are no longer showing in wallet or anywhere else.

[Air Smiles]

Coinbase looks interesting, it seems you can do everything via a single account on their site, buy bitcoins, spend bitcoins, sell bitcoins.

 

I'm just wondering what the catch is? ...lose money on exchange rate or?

 

 

Edited December 19, 2017 by Air Smiles

[Air Smiles]

Coinbase want ID scans & additionally verification via webcam, rumour has it they also track where bitcoins are being spent ....which defeats the whole purpose of Bitcoin.

[bartender100]

Buy from an exchange, transfer to a wallet (exodus) pay whoever

 

https://lopp.net/bitcoin.html

[Air Smiles]

15 hours ago, bartender100 said:

Buy from an exchange, transfer to a wallet (exodus) pay whoever

 

https://lopp.net/bitcoin.html

Reading up via your link ...why are you using Exodus and not Electrum?

Edited December 20, 2017 by Air Smiles

[bartender100]

1 hour ago, Air Smiles said:

Reading up via your link ...why are you using Exodus and not Electrum?

I liked the desktop way they operate, the back up system is very good, both are good

[sanuk711]

Now they know why the Bit-Coin took a jump in value, is it still worth an investment.?

[Air Smiles]

The exchange fees of 10% are quite steep...

[jadee]

19 minutes ago, Air Smiles said:

The exchange fees of 10% are quite steep...

The main fee is the transaction fee you'll need to pay to transfer the bitcoin from your wallet to the wallet of whoever you are making the payment to. Miners usually include transactions with the highest fee/byte first so in recent weeks it's been as high as $26 per transaction at times. You should ask whoever wants you to make the bitcoin payment who will cover this.