Bitcoin Forum

Hi

I am looking to buy one bitcoin and struggling to find a reputable place to buy online, 2 of the bigger companies, Coinbase and blockckain Luxembourg have terrible reviews. I am looking to keep the bitcoin for several years. Are there any reputable companies in the UK who can sell the bitcoin to me and I won’t have an issue selling and withdrawing funds in the future should the bitcoin value increase. I’ve heard there are bitcoin ATMs also?

Thanks

As demand for bitcoin increases, the number of ATMs increases. These Bitcoin ATMs may not be as widely used as fiat currencies, but electronic money ATMs are gradually becoming a popular means of buying Bitcoin among other electronic currencies. The number of Bitcoin ATMs installed and used around the world has become increasingly demanding. The removal of financial institutions makes it an attractive option for homeowners. invest. These Bitcoin ATMs allow individuals to purchase an electronic amount directly to increase their development.

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Actually, you can Google it "Where to buy bitcoin?" instead of making a new alt account to post this if you are really wanted to know where.

You can buy any amount of bitcoin from Coinbase, Coinbase is the perfect platform to do that, since you intend to keep it for a long time, after purchasing from coinbase look for a secure hardware wallet to store it.

Have you tried www.localbitcoins.com
I have never had a problem with it, it’s great in the UK. They use an escrow service so nobody gets screwed over. It depends if there are many buyers/sellers in your country. Give it a go!

You can buy bitcoin and altcoin directly through money in international cards at some support address! Very easy and convenient, there is a difference, the price difference is high! Careful consideration and possible disclosure of personal information!

I would suggest Kraken, I have dealt with them a lot and I am very pleased with their service. If you want something easy and very user friendly, go to CEX.io
They have very large buy buttons on their homepage.

There are too many options now. You can even buy Bitcoin from here with escrow. So many exchange serve about it also.

If you want to hold your bitcoins for several years, then you need your own wallet, its really important you find a good wallet to hold your bitcoins, your coins should never be on an exchange for years. The reviews are not that important on those big companies as long as you easy can withdraw your bitcoins to your own safe wallet.
When you want to sell in 5 years, you will must likely sell your bitcoins on exchanges that ain't even develop today.

cex.io are a good English exchange, I used it a few times, and everything works good.

I would suggest CoinBase - I know you've read bad reviews about, but many do say (real people) they are the best - super easy to use, and the app is user friendly.

you can buy bitcoin from:

Bitstamp

Paxful
 
Xcoins

Localbitcoins

Try going to this site https://coinatmradar.com/country/225/bitcoin-atm-united-kingdom/ this will help you find the nearest Bitcoin ATM in UK. I haven't seen any feedback about the site regarding its accuracy but I havent seen any negative feedback as well. Actually a simple search in Google can help you with your query.

If you asking this you are new welcomer i am sure.. You need to be very very careful in your first buy. First of all i want to ask you that where were you from? I think you are not in europe because you asked for where to buy Bitcoin.. There are lots of website you can buy bitcoin there.. I give you my most trustful ones, Bitcoin Exchange and coinbase you can use.. I hope you can purchase easy and safe.

Coinbase I a good exchange platform, I've heard that Coinbase and GDAX are the best places to buy BTC. Because of Coinbase is the biggest platform in the united states. It offers both an exchange and wallet in one, making it one of the easiest places to start with bitcoin. Coinbase also supports bitcoin cash, Ethereum, and Litecoin. However, Coinbase, Cex.io, Bitstamp, Xcoins, is the best site to buy bitcoin.

Hey those two are exchanges where you can buy and sell your bitcoins, however I don't recommend using exchanges. To buy bitcoins you can go to currency section here and buy from reputed sellers, if you have doubts insist on a escrow. Alternatively you can go to Local Bitcoins and buy from various sellers there, input your country say U.K. and buy from a seller, who has all documents verified, if you're buying a huge amount break it off, and store them in electrum wallet and you should be good.

There's quite a few options when it comes to buying Bitcoin in the UK. Some large, some small.

Some accept bank transfers (CEX.io, Bitstamp) and others facilitate cash purchases (Localbitcoins, Bitquick). It really depends on your needs.

I built a search tool that shows you how to buy bitcoin in the UK (https://theycallitcrypto.com/exchanges/) based on your preferred payment method. It'll also give you basic info & a brief review on each exchange to help you make the right choice.

If you plan on keeping your Bitcoin online so you can easily sell or withdraw it in the future, I'd choose a larger exchange with high liquidity and a strong security team.

I normally buy bitcoin from exchanges or local vendors has always worked for me.

Actually, I haven't buy bitcoin from any dealer or any website or outlets before. All my bitcoin bought are from hand-to-hand dealer and they have been good for me and relax.

I will recommend you to local bitcoin (https://localbitcoins.com), is the most secure place to buy bitcoin with your fiat currency. I have been using local bitcoin for years and I have not encountered any issue with them. No matter where you are in the world it works fine.

use exchanges, pass KYC procedure and go through visa/mastercard/paypall/skrill to BTC, then withdraw BTC to your wallet (or keep it there), that is all.
also you can go to exchangers but this is more risky

You can still use Coinbase even in the UK. I am sure you can ignore the negative reviews about Coinbase. They have an amazing customer service. And they also have a "vault" that you can store your Bitcoin for long. Also it is suggested to use a cold wallet for that. It is definitely safer that way. But give Coinbase a chance, I'm sure you'll love it

I decided to buy a bitcoin from Coinbase. The main reason is the 1.49% charge which was a lot lower than eg cex.io. I wanted to keep the process simple and this seemed to be the best way to go. Now I am going to look into getting a wallet like Ledger? The one thing I don’t understand is where the bitcoin is stored on Coinbase?

Hi,
You can buy bitcoin with your local currency with national bank transfer by using localbitcoin site (search on Google), Once you purchased it successfully, you can transfer it to your bitcoin wallet. No matter, how many days you will hold.

Regrading Bitcoin price, no doubt the future of crypto is bright, but due to the fact of so many things like ETFs, institutional investors and big companies like Microsoft waiting for the right time. I am expecting huge bull run in Q4, 2019.

https://support.coinbase.com/customer/en/portal/articles/1662379-how-is-coinbase-insured-

''Coinbase holds less than 2% of customer funds online. The rest is held in offline storage.''

You can buy bitcoins on the market or exchangers that sell bitcoin, such as bittrex, hittbtc or binance,
if you want to be safe, that's my advice.

I would say that localbitcoins is one of the reputed platforms to purchase Bitcoins. The biggest advantage of localbitcoins is the ability to transact in multiple payment options which is comfortable to you and there is an automated escrow system on their platform so you can purchase Bitcoins with the confidence of security throughout the trade time frame.

I am in no way associated with localbitcoins but I have a very good experience with it since last few years but still, I would recommend you to do your own research before taking any decision.

Since I’m from the States, I usually purchase Bitcoin through Coinbase and Gemini. I generally favor Gemini for immediate purchases once you initiated. Coinbase takes a bit longer (usually about a business week) and could place you at a disadvantage if your attempting to conduct impulse purchases. Once you are more familiar with exchanges, Kraken is another viable option. If you do not reside in America, resort to the bitcoin dot org website and which can generally guide you which reputable exchanges to acquire Bitcoin. I believe Bitstamp is a well established international exchange so you may get lucky. Also, your country may have ATM’s where you can purchase with fiat. The fees are higher but they tend to provide better anonymity.

Hello! There is a good and trusted exchange site named cryptocoin pro. I do my own investments, being very satisfied. Truly recommend!

so many exchange around the world for buy bitcoin like bittrex, poloniex, etc

It is likely the “terrible” reviews regarding Coinbase are due to its high transaction fees.  I have had no problems with Coinbase.  It has been very secured and safe for an online wallet.  You can use Coinbase Pro, formerly GDAX, to trade with significantly less fees. 

I think I can help you!
1 Bithumb
2 Binance
3 IDAX
4 Bitfinex
Bitcoin has a very large volume of transactions on these exchanges, and they all have good security and service systems!

My first Bitcoin was bought from CEX.IO website. I think it is reputable one.But if you have local crypto friend ,things will be easier & profitable.you can buy from local bitcoin buyer without any tax,buy i do not think anyone willing to sell BTC at this moment.Before anything try to understand about blockchain & cryptocurencies well because BTC is just a small part of it.

You go to any online stock exchange (for example, livecoin), and buy 1 bitcoin there, which you put on your wallet (there are a lot of them, for example, metamask)
Everything, you enjoy life

Your question (where to buy Bitcoin) depends on your own personal circumstances. We have developed a tool called the Exchange Finder (https://www.cryptowisser.com/) to help people asking your question. It has six questions designed to help you to answer your question. When you have answered the questions, the tool matches you with all exchanges that are available to you based on your input!

The questions are the following:

Is it important for you that your exchange accepts deposits of cryptocurrencies? (Yes/No)
If you currently have cryptocurrencies and just want to change your exchange, the new exchange must accept deposits of cryptocurrencies. Some exchanges only do Fiat-to-crypto and those exchanges are then not available to you.

Is it important for you that your exchange accepts credit card deposits? (Yes/No)
I would personally steer clear of buying cryptos with credit cards but if you want to do that, all exchanges do not offer that option.

Are you a US-based investor? (Yes/No)
Many exchanges prohibit US-investors.

What’s the highest fee you can accept to be charged?
Trading fees range from 0 to 2.00% (and everything inbetween). The lower fee you input here of course, the fewer exchanges are available to you.

Which cryptocurrencies do you want to trade?
A very important question of course. If you’re looking to buy BTC and ETH, most exchanges have that option. If you’re looking for a less known coin, the Exchange Finder-tool filters out all exchanges for you to find the ones where that coin is admitted to trading.

So, in conclusion, there is no “one-fits-all”-answer to your question (a little bit like “which renaissance-painting is the most beautiful?”), it is always related to your personal preferences and circumstances. But answer the above questions, use the Exchange Finder (https://www.cryptowisser.com/), and you will hopefully find what you seek. Highest rated exchanges right now are Changelly (https://www.cryptowisser.com/exchange/changelly/), BitMEX (https://www.cryptowisser.com/exchange/bitmex/), KuCoin (https://www.cryptowisser.com/exchange/kucoin/), Covesting.io (https://www.cryptowisser.com/exchange/covesting-io/) and Crex24 (https://www.cryptowisser.com/exchange/crex24/).

Good luck!

All the best,
Cryptowisser

If you are looking for a British company, I would like to recommend our cryptocurrency exchange Linkkoin. Especially if you want to buy it fast using your credit/debit card. Still, if you want to keep BTC for years I strongly recommend you to transfer it to cold/hardware wallet. No matter with whom you buy it.