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Author Topic: Quick questions for a new btc user  (Read 1405 times)
btcnewbzi (OP)
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June 06, 2015, 10:27:34 PM
 #1

I recently made a coinbase account. In order to purchase my first bit coins I will need to wait about 4 days for them to go into my account.

Is there a website where I can quickly purchase some bit coins with my debit card and then transfer it to my wallet at coinbase?

Thanks for the help guys
Victor Beckham
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June 06, 2015, 10:33:19 PM
 #2

I recently made a coinbase account. In order to purchase my first bit coins I will need to wait about 4 days for them to go into my account.

Is there a website where I can quickly purchase some bit coins with my debit card and then transfer it to my wallet at coinbase?

Thanks for the help guys


For faster delivery it is better to use www.100bit.co.in / www.LocalBitcoins.com. CoinBase, BitStamp etc. are for trading purpose.

achow101
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June 06, 2015, 10:34:12 PM
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Since you are using Coinbase, I am assuming you are in the US. If you are in any of these states: AL, AR, CT, FL, GA, ID, KY, ME, MI, MN, MS, NE, NJ, ND, OR, RI, SD, and WY, AZ, CA, DE, IN, KS, MA, MO, MT, NM, NV, PA, SC, TX, UT, and WV; I believe that you should be able to use trucoin (www.trucoin.com) to buy Bitcoins with your debit card.  You could also see if there is a Bitcoin ATM in the area and buy with cash or you could try localbitcoins (www.localbitcoins.com). There aren't many exchanges that accept Credit or Debit though since it can be charged back.

btcnewbzi (OP)
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June 06, 2015, 10:38:17 PM
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Ok Thanks guys, so let's say I use localbitcoins to purchase some coins, could I get them sent to my wallet on coinbase by the seller?
achow101
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June 06, 2015, 10:41:41 PM
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Ok Thanks guys, so let's say I use localbitcoins to purchase some coins, could I get them sent to my wallet on coinbase by the seller?
Yes. You would need to have them send the bitcoins to your deposit address on Coinbase. However, that address changes for each deposit, so be careful. Another thing, Coinbase is NOT A WALLET. I would recommend against using it as a wallet, only to buy and sell Bitcoins. I would recommend that you download a wallet such as Bitcoin Core (if you want to be a node), Multibit, or electrum to your computer instead to keep your Bitcoins safe.

btcnewbzi (OP)
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June 06, 2015, 10:47:01 PM
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Didn't realize it was unsafe to keep some of my coins on coinbase in my vault. Thanks for the help though guys, this is really helping me as I'm just starting to purchase my first coins
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June 06, 2015, 11:16:05 PM
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Didn't realize it was unsafe to keep some of my coins on coinbase in my vault. Thanks for the help though guys, this is really helping me as I'm just starting to purchase my first coins

The following link gives details of most of the Bitcoin wallets available. Multibit and electrum wallets are both good choices.

https://bitcoin.org/en/choose-your-wallet
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June 06, 2015, 11:17:06 PM
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Bitcoin is just too complicated for people to use safely. It needs to be as simple as, here's your debit card, make a PIN number, now go to a store and start buying shit.

svein
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June 06, 2015, 11:51:19 PM
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I don't know how to answer your question, but since you're new, here's a piece of advice: after you buy your coins, don't put them in an online wallet Wink

Yes, because the coins will be safer in a computer full of malwares if they not in a web wallet
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June 07, 2015, 02:28:10 AM
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I don't know how to answer your question, but since you're new, here's a piece of advice: after you buy your coins, don't put them in an online wallet Wink

Yes, because the coins will be safer in a computer full of malwares if they not in a web wallet

online wallets are prone to downtime, like blockchain.info just today. also im very confident my PC is 100% malware free, I dont know about you but I trust my wallet a lot more than any other online wallet.

theres nothing here. message me if you want to put something here.
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June 07, 2015, 06:33:20 AM
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From what I found when looking into funding my account, if you use cc or debit it is faster but you pay a much higher transaction %.  There are lots of places to do this it is jsut a matter of how much you want to spend.  Personally I had no problem waiting for coinbase to get my bank transfer, even if it did take about a week.  After that I could zip the coins around to where ever I wanted to, so it is only the initial wait that is painful.
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June 07, 2015, 06:38:19 AM
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Just a little thing about CoinBase,
it may be the go-to choice for buying Bitcoin, but it isn't all that great.

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June 07, 2015, 07:34:37 AM
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I don't know how to answer your question, but since you're new, here's a piece of advice: after you buy your coins, don't put them in an online wallet Wink

Yes, because the coins will be safer in a computer full of malwares if they not in a web wallet

the first are in your control, if you are not an idiot and have a clean pc, then they will be safe, the second are not in your control, you should hope everyday that the web wallet, where you have deposit it, has competent people behind, it

it's again a thing about decentralization, and having the full control of your money, it'f funny how many come to bitcoin to deposit it in a centralized system, stay with fiat then...

OP  you should try circle is much faster, and still i can't understand why people can't make a purchcase here on the market, is one of the faster way to get your coins, just deal with trusted member and none else
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June 07, 2015, 08:12:25 AM
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I don't know how to answer your question, but since you're new, here's a piece of advice: after you buy your coins, don't put them in an online wallet Wink

Yes, because the coins will be safer in a computer full of malwares if they not in a web wallet

My biggest advice i look into "cold" wallets.   Something such as a usb drive, or paper wallet can be really good on security if used right.

There are times you need a hot wallet, just don't use them as your main storage.
melody82
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June 07, 2015, 08:28:16 AM
 #15

Just a little thing about CoinBase,
it may be the go-to choice for buying Bitcoin, but it isn't all that great.

Hi, why do you say it is not that great?  What exchange would you suggest in stead, and why?  I think coinbase is ok for turning fiat into bitcoins, but for everything else I use other exchanges like bittrex.  Do you mean that the wallet is not secure, or maybe the exchange rates are not good?  I used it because it was pretty low cost to transfer money compared to competitors.  Thanks.
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June 07, 2015, 05:35:09 PM
 #16

Just a little thing about CoinBase,
it may be the go-to choice for buying Bitcoin, but it isn't all that great.

Hi, why do you say it is not that great?  What exchange would you suggest in stead, and why?  I think coinbase is ok for turning fiat into bitcoins, but for everything else I use other exchanges like bittrex.  Do you mean that the wallet is not secure, or maybe the exchange rates are not good?  I used it because it was pretty low cost to transfer money compared to competitors.  Thanks.

Did Coinbase make you pay for the blood sample and DNA test when you registered or did they pay? Try BTCe out. You can fund your account with an international wire transfer. They are really easy to use and have never asked me for any verification info.

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June 07, 2015, 06:32:50 PM
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Ok, so you don't like giving them info.  That makes sense.  They have to because they are based in the usa.  I bought some litecoins on BTC-e and I was perfectly satisfied with their service.  I like that exchange more than coinbase, I only used coinbase because of the low transfer fee.  From what I read the rates on a money wire were much higher.  Thanks.
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June 07, 2015, 11:00:13 PM
 #18

I recently made a coinbase account. In order to purchase my first bit coins I will need to wait about 4 days for them to go into my account.

Is there a website where I can quickly purchase some bit coins with my debit card and then transfer it to my wallet at coinbase?

Thanks for the help guys


You can deposit with credit card on www.btc-e.com, and then you can buy bitcoin, and then you will be able to transfer it on your coinbase wallet.

Please, check that BTC-e have an high fee on deposit with credit card. Have a good luck !

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June 07, 2015, 11:09:19 PM
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You can buy using xmlgold.eu. Been using them since and never had any problems. There might be a few hours delays on first time customers but after that, they don't delay your orders anymore.
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June 07, 2015, 11:23:39 PM
 #20

I recently made a coinbase account. In order to purchase my first bit coins I will need to wait about 4 days for them to go into my account.

Is there a website where I can quickly purchase some bit coins with my debit card and then transfer it to my wallet at coinbase?

Thanks for the help guys


You can deposit with credit card on www.btc-e.com, and then you can buy bitcoin, and then you will be able to transfer it on your coinbase wallet.

Please, check that BTC-e have an high fee on deposit with credit card. Have a good luck !

It would be better to use Perfect Money or Okpay to fund your account if you don't care about being as anon as possible.

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