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Author Topic: How Do You Buy Your Bitcoins?  (Read 2665 times)
BaumT (OP)
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May 22, 2017, 07:19:05 AM
 #1

I can see now that Bitcoin hits historic all time highs, I think is about time I buy myself a few.
Yuuto
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May 22, 2017, 07:22:26 AM
 #2

I can see now that Bitcoin hits historic all time highs, I think is about time I buy myself a few.

i personally buy my bitcoins mainly from localbitcoins because it's safe, anonymous and easy. Literally all you need to do to get your coins is to open a trade, you know you're not going to get scammed as long as you follow the instructions because the coins are held in escrow while you make the deposit, you transfer the coins to the seller and the seller releases.

It's simple as that. No need for KYC or AML requirements. It's pure P2P trade that bitcoin was designed for.

Anyways good luck with buying your first coins, it's always exciting. However this thread probably better belongs in the trading discussions forum.
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May 22, 2017, 07:27:44 AM
Last edit: May 22, 2017, 08:38:25 AM by mindrust
 #3

I buy them from Cex.io with my credit card. It is a bit risky activity but i had no problems till now. If you worry about your security you can always create a virtual card and dump it away after you buy your stuff. They have been around for a while and i haven't seen any serious complaints about them. You should also mind that, cex.io sells bitcoins a bit more pricey than the other exchanges and they charge you around %3 if you use your credit card. Your total premium cost will be around %10 in the end. Still not bad.

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MonsieuPanda
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May 22, 2017, 08:51:32 AM
 #4

I often buy them in person from a guy. I value my anonymity and this is in some ways more anonymous than buying from an online site, because you meet in the street you give him hard cash and he just sends BTC to your address from say an ipad, and does it right in front of you. No trace of the purchase is left, everything is done there on the street without electronic logs or anything. In the end the only thing that can be traced is a simple BTC transaction between two addresses which might as well be a spontaneous gift you've received from a random internet stranger.
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May 22, 2017, 01:14:08 PM
 #5

I was directed to localbitcoins for the buying of bitcoin. This is good and available in most of the countries. Based on our locality we can buy from the traders who quote different price based upon their profit margin.
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May 22, 2017, 02:38:25 PM
 #6

I can see now that Bitcoin hits historic all time highs, I think is about time I buy myself a few.

i personally buy my bitcoins mainly from localbitcoins because it's safe, anonymous and easy. Literally all you need to do to get your coins is to open a trade, you know you're not going to get scammed as long as you follow the instructions because the coins are held in escrow while you make the deposit, you transfer the coins to the seller and the seller releases.

It's simple as that. No need for KYC or AML requirements. It's pure P2P trade that bitcoin was designed for.

Anyways good luck with buying your first coins, it's always exciting. However this thread probably better belongs in the trading discussions forum.

I agree with you that localbitcoins is best, as the security measures of this exchange is high and very safe to trade it. Even some time you will get the high rate from the users who are in need of bitcoin in urgent.
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May 22, 2017, 03:40:45 PM
 #7

I can see now that Bitcoin hits historic all time highs, I think is about time I buy myself a few.

I never buy bitcoins but i earn them from this forum, their are so many activities if you go through then you can also earn free bitcoins better then buying it as right now the price is going high day by day so cannot say about buying is good right now or not.
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May 23, 2017, 06:09:30 AM
 #8

I always buy them from Bitpanda.com as their fees are normal compared to other sites. They only need an email verification to give you the limit to buy up to 1000 euro worth of bitcoins daily without compromising your identity. This service is available only to people living in Europe though, but this can be bypassed easily with a VPN from Europe if you want to buy from them. I buy with Skrill or Paypal, they also accept Amazon gift cards I know.
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May 23, 2017, 06:11:49 AM
 #9

I buy from localbitcoins using bank payment.

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May 23, 2017, 06:31:31 AM
 #10

I buy through a local Bitcoin exchange, but I prefer to use people I have met at Bitcoin meetups. When you spend time with people every week and you share a few beers with them, you build some kind of trust relationship. We have regular Bitcoin meetups and the locations have very good CCTV, so I make sure that I have some CCTV footage of the people I trade with. ^smile^

I always reduce my risk, by buying in small quantities. You do not want to carry a lot of cash or advertise that you have a lot of money in the bank, by doing electronic bank transfers. < This will make you a target >

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May 23, 2017, 06:34:06 AM
 #11

In buying in some reseller or in exchanger maybe there some markets that is selling their bitcoin  Smiley
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May 23, 2017, 07:38:34 AM
 #12

I use localbitcoins trusted fb groups and even forums just make sure you are buying from someone trusted or just use a mm for safety if you are not sure.

Jody.Drummer
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May 23, 2017, 08:00:28 AM
 #13

This is not how it is so for those of you who want to invest I suggest from now before in 2022 bitcoin prices can be more crazy than this and you feel surprised by relentless..

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BitcoinHunt3r
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May 23, 2017, 08:10:54 AM
 #14

i buy bitcoin on local market in my country, it is big and legal market or on partner of the exchanger, it is someone that already register as exchanger and we can buy / sell bitcoin instantly to them

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May 23, 2017, 08:48:53 AM
 #15

It is very simple to buy bitcoins in my country, I can pay in a 7-11 store nearby and the bitcoins will instantly get credited to my account, not sure how it works on other countries but i can say it is really easy for us to buy some coins, specially when i have some extra fiat to spend Smiley

 
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May 23, 2017, 08:53:13 AM
 #16

Cex.io for smaller purchases, quite fast and reliable service. However, their rate can be a bit higher compared to market average so it s only convenient for smaller amounts. Larger amounts, to tell u the truth, I have no idea. Probably Coinbase or Bitstamp which require full verification.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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May 23, 2017, 09:13:03 AM
 #17

I can see now that Bitcoin hits historic all time highs, I think is about time I buy myself a few.

i personally buy my bitcoins mainly from localbitcoins because it's safe, anonymous and easy. Literally all you need to do to get your coins is to open a trade, you know you're not going to get scammed as long as you follow the instructions because the coins are held in escrow while you make the deposit, you transfer the coins to the seller and the seller releases.

It's simple as that. No need for KYC or AML requirements. It's pure P2P trade that bitcoin was designed for.

Anyways good luck with buying your first coins, it's always exciting. However this thread probably better belongs in the trading discussions forum.
Thanks for the advice
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May 23, 2017, 09:45:09 AM
 #18

I can see now that Bitcoin hits historic all time highs, I think is about time I buy myself a few.

I never buy bitcoins but i earn them from this forum, their are so many activities if you go through then you can also earn free bitcoins better then buying it as right now the price is going high day by day so cannot say about buying is good right now or not.
How do you earn Bitcoins on this forum? I might try that as well
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May 23, 2017, 10:14:08 AM
 #19

I buy them from Cex.io with my credit card. It is a bit risky activity but i had no problems till now. If you worry about your security you can always create a virtual card and dump it away after you buy your stuff. They have been around for a while and i haven't seen any serious complaints about them. You should also mind that, cex.io sells bitcoins a bit more pricey than the other exchanges and they charge you around %3 if you use your credit card. Your total premium cost will be around %10 in the end. Still not bad.
How is it risky
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May 23, 2017, 10:39:09 AM
 #20

I always buy them from Bitpanda.com as their fees are normal compared to other sites. They only need an email verification to give you the limit to buy up to 1000 euro worth of bitcoins daily without compromising your identity. This service is available only to people living in Europe though, but this can be bypassed easily with a VPN from Europe if you want to buy from them. I buy with Skrill or Paypal, they also accept Amazon gift cards I know.
The website you provided is good one as well, Thanks
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