deisik
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September 21, 2016, 10:28:47 AM |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
There are reputable exchanges out there that could directly buy 100 worth of btc but same as other said it would need some verification. I would suggest coinbase because ive tried to buy some bitcoin there it was fast and easy. I wouldnt suggest buying on personal since the risk of being hold.-up would be high. If you don't want to disclose your identity, you could use one of the many exchangers out there, and either buy bitcoins directly or buy, say, a btc-e code and redeem it later at the exchange (btc-e.com in this case). But you still have to be cautious about choosing an exchanger and not throwing your money there all at once. I have been using them in the past but not very often, so I can't help you in choosing one... But others may recommend a reliable exchanger if you decide to go this route
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ethereumhunter
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September 21, 2016, 10:33:21 AM |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
for my suggestion, better you buy bitcoin with your friends around your city, because you will know them much rather you buy with local bitcoin or market exchanger. and usually, if friends need to buy something, then they can give you discount rate and this is what i get when i bought something on my friends. but its up to you, what you want to choose.
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Natalim
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September 22, 2016, 04:17:17 AM |
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You can buy it at your local exchange, there is no risk in doing that, just do not buy it one time..
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Dudeperfect
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October 02, 2016, 03:00:28 PM |
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I will suggest you two options, the first one is unocoin where you can purchase bitcoins in systematic investment plan that means you can create an order and that will execute as you choose for example, purchase 1 bitcoin per day so at the end of 100 day period you will have average purchase price for your lot of 100 bitcoins. Another option is localbitcoins where you can purchase from more than one trader so it will add additional layer of privacy and security.
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sabbirshm
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October 02, 2016, 03:39:04 PM |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
I am amazed to see that a newbie wanted to buy 100Btc. well,100btc is a very big amount.So, you should be careful about ponzi/scam.First of all you should use coinbase.I think it's more trustworthy and reliable.I always use coinbase their services are very good and customer support is great.You can also use Bitsamp andd OkCoin.they are also good.
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philiveyjr
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October 02, 2016, 04:51:43 PM |
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I will suggest you two options, the first one is unocoin where you can purchase bitcoins in systematic investment plan that means you can create an order and that will execute as you choose for example, purchase 1 bitcoin per day so at the end of 100 day period you will have average purchase price for your lot of 100 bitcoins. Another option is localbitcoins where you can purchase from more than one trader so it will add additional layer of privacy and security.
Does Unocoin even allow you to buy it outside of India ? Isn't that just a local thing ? Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
I am amazed to see that a newbie wanted to buy 100Btc. If tomorrow some rich guy decides to buy 100 Btc, you don't expect to first rank up his account to a Legendary account, do you ?
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bestluck
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October 02, 2016, 09:59:15 PM |
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Bitstamp is a best place for you to buy that 100 bitcoins as it is a bigger exchange the the volume is also much higher on that exchange so you will get your order to complete instantly or within a few minutes if you put a little different price but the better is that you buy with the current price do not put orders.
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Dudeperfect
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October 03, 2016, 04:10:26 AM |
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I will suggest you two options, the first one is unocoin where you can purchase bitcoins in systematic investment plan that means you can create an order and that will execute as you choose for example, purchase 1 bitcoin per day so at the end of 100 day period you will have average purchase price for your lot of 100 bitcoins. Another option is localbitcoins where you can purchase from more than one trader so it will add additional layer of privacy and security.
Does Unocoin even allow you to buy it outside of India ? Isn't that just a local thing ? I am not sure to do they allow foreigners but still there must be an alternative option where one can make purchase order with such investment plan. I like unocoin because one can even buy $0.80 worth of bitcoin daily, weekly or monthly so he is supposed to get a deep average price since his purchase is in lots of small fractions with various amounts.
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noictib
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October 03, 2016, 04:31:40 AM |
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everywhere you will get in small amount of btc like 1-20btc . but you are looking to buy in much bulk amount then you should visit "cex" because it is the best and bulk btc providing site .
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coynedterm
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October 03, 2016, 04:47:53 AM |
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everywhere you will get in small amount of btc like 1-20btc . but you are looking to buy in much bulk amount then you should visit "cex" because it is the best and bulk btc providing site .
yeah , cex is better option to buy in bulk . but i think he should buy bitcoin in small small amount instead of direct big buy . because uf problem take place in single deal then probably no problem will create in next deal . so it is safe to buy in small amount from all other exchange like lbc
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mishra1994u
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October 03, 2016, 05:06:27 AM |
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Oh yes it depends upon the country you live.I am from india and for buying that much bitcoin best exchange is btcxindia here.But i would recommend even if you want to buy that much bitcoins,buy it slowly one by one like 10 btc at a time to be more safe.
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coinzat
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October 03, 2016, 05:09:58 AM |
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You can buy it from any exchange with high trading volume. It may be better to buy them in portions and withdraw every part after you buy so you do not risk losing the whole amount once
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Supercrypt
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October 03, 2016, 09:07:29 AM |
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You can buy it from any exchange with high trading volume. It may be better to buy them in portions and withdraw every part after you buy so you do not risk losing the whole amount once
Yes, buying in bulk is always having huge risk. If I am going to buy a very big amount of bitcoin, I will go with localbitcoins but with many sellers at different days. Hundred bitcoins must be very big amount, so paying for them electronically or through bank is always difficult for me with to respect to my country regulations. So, dealing person to person must be the right solution for my case.
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iqlimasyadiqa
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October 03, 2016, 01:20:02 PM |
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I prefer BTC-e. BTC-e accepts payments from all countries. there are several other exchange as Coinbase, but Coinbase implementing regulations on other countries not to be able to join.
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The_prodigy
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October 03, 2016, 01:27:43 PM |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
Credit card ?? Or you can just simple visit some exchange website that really accept what you payment method is but depends on what payment you are going to use, Some of the Exchange website are too Strict on the payments that they are accepting ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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dryandry
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October 03, 2016, 01:37:40 PM |
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if you want buy is much bitcoin recomended exchanger 1 btc-e 2 coinbase 3 bitsamp 4 huoni 5 okcoin
this list of sites is very recommended you can try one of these
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spofas
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October 03, 2016, 04:37:39 PM Last edit: October 04, 2016, 02:56:36 PM by spofas |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
Any big exchange really, as long as you're ok with all the AML/KYC. There's Coinbase, who will probably ask you for urine samples. Bitfinex, Kraken and Bitstamp.
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deisik
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October 03, 2016, 05:31:39 PM |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
Any big exchange really, as long as you're ok with all the AML/KYC. There's Coinbase, who will probably ask you for urine samples. Bitfinex, Kraken and Bitstamp. I would strongly advise everyone to stay away from Bitfinex. Even if we turn a blind eye to the recent hack (despite the fact that "it takes 20 years to build a reputation and five minutes to ruin it"), it is not given that you won't be left holding the bag for those who lost their money there, since that seems to be what Bitfinex is now trying to accomplish with their BFX tokens. And I also personally recommend you to remove your referral code from the Bitfinex link you posted lest you should get banned (I don't care but someone will eventually report this, if not already)... Just in case, the referral code has been removed from the link in the quote
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goldcoinminer
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October 04, 2016, 07:02:58 AM |
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Hi Guys,
I was wondering about the safest way to buy more than 100BTC? I would really appreciate your feedback guys
Any big exchange really, as long as you're ok with all the AML/KYC. There's Coinbase, who will probably ask you for urine samples. Bitfinex, Kraken and Bitstamp. I would strongly advise everyone to stay away from Bitfinex. Even if we turn a blind eye to the recent hack (despite the fact that "it takes 20 years to build a reputation and five minutes to ruin it"), it is not given that you won't be left holding the bag for those who lost their money there, since that seems to be what Bitfinex is now trying to accomplish with their BFX tokens. And I also personally recommend you to remove your referral code from the Bitfinex link you posted lest you should get banned (I don't care but someone will eventually report this, if not already)... Just in case, the referral code has been removed from the link in the quote Good advice though but as trader we know better for us, you advise should be considered and whatever their decision they know already the risk as they are being warn, normally the trend will say and the history will repeat itself, when a site recovers from hack the next thing will happen it will be gone.
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Ardenyham
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October 04, 2016, 07:37:35 AM |
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Oh yes it depends upon the country you live.I am from india and for buying that much bitcoin best exchange is btcxindia here.But i would recommend even if you want to buy that much bitcoins,buy it slowly one by one like 10 btc at a time to be more safe.
I think he should start buying with even lesser than 10BTC.. If I need to buy 100bitcoin I would buy 1BTC at a time. it cast some more fees but if someone can afford to buy 100BTC he can afford to pay some extra satoshi for transaction fee also. I prefer BTC-e. BTC-e accepts payments from all countries. there are several other exchange as Coinbase, but Coinbase implementing regulations on other countries not to be able to join.
OP didn't specify his question properly.. he didn't mentioned where he's from and what will be his payment method. there is lots of ways to pay for bitcoins. without knowing this no one can suggest him a valid Idea.
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