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Author Topic: Newbie looking for best way to buy bitcoin  (Read 2103 times)
Pygored (OP)
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August 22, 2016, 07:20:39 PM
 #1

Just starting wanting to use the bitcoin currency i have never really looked at it before i have a wallet, but not sure on the best way to put bitcoins into it.
Ive have looked at some of the exchange sites but thought would be best to come on here and see what the experts say about it all
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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August 22, 2016, 07:25:13 PM
 #2

It highly depend on where are you located. Some places have different laws and almost every country has their own 'national' bitcoin exchange.
Plus, we need to know if you want to purchase bitcoin anonymously, or - easier way - use standard exchange linked to your bank account.

You want to use Bank Transfer, Debit/Credit Card other means of payment, something else?


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August 22, 2016, 07:29:30 PM
 #3

I am exchanging my bitcoin earnings on YoBit. I think it's the best site for such operations. They do it fast and the percent for cashing out just 2% and it is suits me the most. I recommend you to try this exchanger, think you will like it. Tell us later what was your decision and which site for exchanging you liked the most.
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August 22, 2016, 07:38:26 PM
 #4

As has been said, it depends where you are and how you want to pay.  From the Eurozone I'm a big fan of Kraken, since they receive my euro bank transfer by the next day without any fees to receive euros and their EUR/BTC rate tends to reflect the market value very well.  However Kraken charges to receive UK pound sterling, so from the UK Bittylicious is a nice choice because it's easy and instant, even though their exchange rate isn't as favourable.
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August 22, 2016, 07:44:28 PM
 #5

Cheers for quick helpful replys😎
Yes i would like to do it anomalously im based in the uk
Pygored (OP)
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August 22, 2016, 10:53:59 PM
 #6

It highly depend on where are you located. Some places have different laws and almost every country has their own 'national' bitcoin exchange.
Plus, we need to know if you want to purchase bitcoin anonymously, or - easier way - use standard exchange linked to your bank account.

You want to use Bank Transfer, Debit/Credit Card other means of payment, something else?
Ive found somewhere that seems like an ideal place for me to buy, but it wouldnt be anonymous, is it just as simple as putting through the shaker tool in your profile then sending to my wallet?
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August 23, 2016, 01:38:40 AM
 #7

If you want to buy, it's best to try localbitcoins, circle, or coinbase. If you just want free bitcoins, you can get them from faucets, but it will be very small amounts and is not really worth the time unless you are only trying to learn about bitcoin.

 
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August 23, 2016, 04:26:14 AM
 #8

Just starting wanting to use the bitcoin currency i have never really looked at it before i have a wallet, but not sure on the best way to put bitcoins into it.
Ive have looked at some of the exchange sites but thought would be best to come on here and see what the experts say about it all

Are you interested in buying like 1 or 1/2 of BTC or some smaller amounts? ifyou're interested in smaller amounts go to the exchange section of the forum and you can find deals that users are offering here.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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August 23, 2016, 05:01:56 AM
 #9

Circle and Coinbase are great! Easy to use, US based and safe. I think you can convert BTC to USD instantly on Circle. Coinbase takes a few days to complete a transaction, they likely control withdrawals to minimize their risk.
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August 23, 2016, 08:56:26 AM
 #10

There are different exchanges according to the place where you live as for me btcxindia exchange is the best exchange for me to buy bitcoins in my country.So you should look for reputed exchanges that are available at your place.
You can try localbitcoins which is accepted world wide and is a good and trusted place to buy bitcoins for yourself.
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August 23, 2016, 08:59:39 AM
 #11

There are different exchanges according to the place where you live as for me btcxindia exchange is the best exchange for me to buy bitcoins in my country.So you should look for reputed exchanges that are available at your place.
You can try localbitcoins which is accepted world wide and is a good and trusted place to buy bitcoins for yourself.
Ive found a place where i can buy small percentages of bit coins and pay from bank which does suit me, what im not sure off is how i make that anonymous.
My wallet hAs built in tumbler so can i just tumble it and its done, should i have two wallets so i could tumble as was sent from one to another?
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August 23, 2016, 10:46:07 AM
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There are different exchanges according to the place where you live as for me btcxindia exchange is the best exchange for me to buy bitcoins in my country.So you should look for reputed exchanges that are available at your place.
You can try localbitcoins which is accepted world wide and is a good and trusted place to buy bitcoins for yourself.
Ive found a place where i can buy small percentages of bit coins and pay from bank which does suit me, what im not sure off is how i make that anonymous.
My wallet hAs built in tumbler so can i just tumble it and its done, should i have two wallets so i could tumble as was sent from one to another?

Having different wallets is always recommended, you can install Electrum and Multibit HD in both your desktop and laptop and you have 4 different wallets this way. You cannot remain anonymous when buying or selling via an exchange as they have your email address regarding Skrill or Paypal and in your case even better your bank account. However you can choose to mix the coins after you receive them in one of your wallets and receive the clean coins in another wallet of yours. This way you retain back your anonymity.
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August 23, 2016, 10:48:53 AM
 #13

You can be anonymous if you are buying bitcoins some body pesonally here on this forum but still you will have to pay him with your bank account so there is no way to be anonymous when you are buying the bitcoins.
But why want to be anonymous buying bitcoins because after that if you use it for gambling sending to any other person then you will be totally anonymous.
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August 23, 2016, 12:11:50 PM
 #14

Thank you last two replys cleared everyhing up for me
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August 23, 2016, 12:45:02 PM
 #15

Buying is very easy due to the introduction of lots and lots of trading as well bitcoin exchange websites. Also purchasing through forum is also possible. So upon the convenience newbie needs to select the possible method.
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August 23, 2016, 01:41:17 PM
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I am also buying bitcoin with an exchange site but I don't spend too much on it.
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August 23, 2016, 02:23:47 PM
 #17

You can exchange with me as i have several positive experiences with other members here for btc.

Just looking for a better option for the exchange method of payments.  Undecided

If you can suggest who I can deal with as a payment processor I would more than happily agree to exchange with that method. Smiley

Just don't mention paypal because they do cause alot of hassles with bitcoin exchanges. Roll Eyes

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August 23, 2016, 03:20:25 PM
 #18

I'm using local trusted exchanger that can be contact via BBM massengger , so when I want to buy/sell , I just contact him and send him first before he send back to me.
You can also check local website exchanger that accept bitcoin
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August 23, 2016, 04:15:53 PM
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I'm using local trusted exchanger that can be contact via BBM massengger , so when I want to buy/sell , I just contact him and send him first before he send back to me.
You can also check local website exchanger that accept bitcoin

I also do a local exchanger to sell and buy a bitcoin, because it really has been reliable from the start address of the company, the founders are often active on facebook. so easy and secure to transact in large amounts.

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August 23, 2016, 07:12:47 PM
 #20

Just starting wanting to use the bitcoin currency i have never really looked at it before i have a wallet, but not sure on the best way to put bitcoins into it.
Ive have looked at some of the exchange sites but thought would be best to come on here and see what the experts say about it all
I use a local exchange, but if you do not believe you can buy a bitcoin in localbitcoins.com that so far I think the safest place to transact.

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