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Author Topic: Preferred method of buying Bitcoin??  (Read 2342 times)
lixer
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June 17, 2016, 07:54:24 PM
 #21

buy bitcoin from a trusted place/site/exchanger. and buy for cheaper price. local bitcoin is the most preferred place to buy bitcoin for me.
Even I didn't bought bitcoin ever, but if I need to buy I would buy from localbitcoin for sure. or I will buy from this forum's currency exchange section.
I too prefer buy from this forum's currency exchange section but I hate localbitcoin as it usually has huge gap from current price.
I usually avoid coinbase as it is known for many horror stories.

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June 18, 2016, 07:08:10 AM
 #22

i will always suggest you to prefer Xypo i think it is one of the most trustable and safest way of trading bitcoin. it always need varificaton and that is the plus point i think.
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June 18, 2016, 09:01:21 PM
 #23

If you are afraid toe buy bitcoin in coinbase or localbitcoin there's an other way to buy bitcoins you can try perfect money buy funds in perfect money and you can convert it easy into business partner of perfect money that you can find here https://perfectmoney.is/business-partners.html
just choose high trusted score so that you are far in scammers..
I was trying to do this using my perfect money to convert BTC but All of perfect money business partners charge awful fees for exchange. Like some exchangers charge minimum $10 + what ever amount you want to exchange. Finally I did my exchange with a member here.
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June 18, 2016, 09:51:46 PM
 #24

If you are afraid toe buy bitcoin in coinbase or localbitcoin there's an other way to buy bitcoins you can try perfect money buy funds in perfect money and you can convert it easy into business partner of perfect money that you can find here https://perfectmoney.is/business-partners.html
just choose high trusted score so that you are far in scammers..
I was trying to do this using my perfect money to convert BTC but All of perfect money business partners charge awful fees for exchange. Like some exchangers charge minimum $10 + what ever amount you want to exchange. Finally I did my exchange with a member here.
Yeah there's a fee but most of the business partner in perfect money are asking for high fees.. but i have one site that i know giving a low fee and they can give you a discount if you are registered in their site. try this one changer.com.. still now i am using it..

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June 19, 2016, 02:36:01 PM
 #25

If you want a no worry transaction my advice use the reputable exchanges like kraken en bitfiniex. You pay the market price and normal fees.
The downside is you have to sent your ID information.

So if you want to avoid that... you can use local bitcoins or the currency exchange.
The downside is you pay higher fees and you can get scammed, if you are not careful..
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June 19, 2016, 02:43:23 PM
 #26

A really cheap way is to mine an alt when the difficulty is low, using just an ordinary graphics card, and then converting it to bitcoin. Or minting coins with a proof of stake wallet, and then converting to bitcoin.   

 
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June 19, 2016, 03:15:54 PM
 #27

I use:

-Cex.io if I've to purchase bitcoins through Credit/Debit/Prepaid card.
-LocalBitcoins.com if I've to purchase bitcoins through local methods such as local bank transfer, western union, etc.
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June 19, 2016, 03:34:36 PM
 #28

I like to use a service that is fast and is directly debited to my bank.
It is only for my country though.  Smiley
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June 20, 2016, 03:38:40 AM
 #29


I've been trying to read about "safe" "secure" and "mainstream" (lots of people use it, proves it works) ways of buying bitcoin. 

What's your opinion Coinbase?  I mention this because I've heard lots of horror stories pop up, even recently regarding hiccups and accounts being wrongfully charged or wrongfully closed, enough for me to think twice.


What do most of you all use?  There's also https://localbitcoins.com but I rather not deal in such ways.

I don't know, any how, what methods do you guys use that you consider reliable? safe?  That you've found relatively "dependable" so to speak?


I've been wanting to mine for years, but waited too long, and then boom!  Now bitcoin has taken off to extreme levels, and we're on the brink of the halving.. thus I at least rather have some then none by now.

Thanks in advance!
If it was possible for me, I would prefer to meet them face-to-face. Cash preferred.

But since there are no local traders, I would prefer to reach out to some trusted members on this forum.
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June 20, 2016, 09:32:08 AM
 #30

A really cheap way is to mine an alt when the difficulty is low, using just an ordinary graphics card, and then converting it to bitcoin. Or minting coins with a proof of stake wallet, and then converting to bitcoin.   
Then if OP needs exact amount of bitcoin immediately for paying bills which have deadline,OP will go to mine first waiting few weeks and then exchange it to bitcoin while the bills expired? That's not going to answer the question

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June 20, 2016, 12:53:19 PM
 #31

I always prefer bank transfer else face to face, because I don't care about the issue with identity. Even now if user don't need to think of these and all due to the introduction of lots of bitcoin exchanges as it has got several options.
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June 20, 2016, 03:00:33 PM
 #32

My preferred method to buy bitcoins is with someone I can meet up with, I like to pay him/her in cash for some nice bitcoins.
I mostly use localbitcoins for these kind of things.
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September 14, 2016, 05:11:11 AM
 #33

I use localbitcoins to buy or sell bitcoins in fiat because one and more reasons.

- There are many merchants so you get your deal executed within an hour (if you don’t have balance in localbitcoins wallet).

- They provide free automated escrow service so it’s quick and secure.

- There are many options to choose from, I have used almost 7 to 10 fiat options to get or send my fiat balance.

- Reputation system, reputation system works well just like bitcointalk.

If you are concerned about your privacy then you should go with virtual credit card service providers.
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September 14, 2016, 10:03:06 AM
 #34

Its what you like but I like to buy my bitcoins with localbitcoins, its safe and I can meet up with the person in real life to deal it safe with low fee's.
Its very nice to do it on this and I can also do it with cash than.
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September 14, 2016, 11:53:27 AM
 #35

Its what you like but I like to buy my bitcoins with localbitcoins, its safe and I can meet up with the person in real life to deal it safe with low fee's.
Its very nice to do it on this and I can also do it with cash than.

Its a good method but I only use it for high amount of bitcoins not for low amounts because that can also just be bought online behind your monitor.
I think that its a nice method but that you should only use it for large amounts and otherwise not.
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September 15, 2016, 06:47:18 AM
 #36

I don't really wanna hide my identity in buying bitcoins because it is required here in our country that once you buy you need to give your full information using my method, I just order in our local exchange and then pay the amount due in their partner business and in less than an hour I have my bitcoins in my account.

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September 15, 2016, 07:04:14 AM
 #37

I really dont like to give my KYC to some unknown company for just buying some bitcoin. The idea had put me off in the first place. Hence I prefer to buy from my local marketplace where I can get good deals for trading both fiat and bitcoin and also altcoins.

R


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September 16, 2016, 04:14:46 AM
 #38

I prefer buying Bitcoins to other people personally not to some website that asks information about your credit card. What if they decide to hack into your card, you can't assure that that will never happen. I have friends on Facebook to whom I can buy some Bitcoins whenever I want to. They all have plenty of Bitcoins so it'll be no problem if I buy a lot. They sell Bitcoins into load or you can send fiat via cash remittance. Meetups is also possible.

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September 16, 2016, 07:28:52 AM
 #39

Xapo remains as the preferred method for me till now for buying bitcoins. In recent times they are adding the feature of having buying price in our local currency. From the beginning days itself they are having the option to buy with credit/debit cards that must be one of the reason I'm still sticking with them.
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September 17, 2016, 08:59:34 AM
 #40

I prefer meeting up with someone when buying Bitcoins. The reason is so that he can't scam me since we will be in a public place and if he does anything, I can easily call the guards and catch him. Online, there are some people who can send first but they require that you give them your identity card. Nowadays, your uploaded IDs can be used by some anonymous person to scam other people. Thus, I don't upload my IDs, if he doesn't want to send first without my IDs, then I'll just do meetups.

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