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Author Topic: What is a good place to buy my first bitcoins?  (Read 1382 times)
xXLimbXx
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September 03, 2017, 06:54:44 PM
 #21

You can also use Lykke.
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vipgelsi
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September 03, 2017, 06:55:31 PM
 #22

Coinbase or lykke.
WildWestRider
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September 03, 2017, 08:08:50 PM
 #23

I have decided to begin both swing trading of bitcoins and trading some bitcoins with altcoins on a few smaller exchanges. I will have money each month from a side job to put into this, but I need a good, trusted exchange to buy my first bitcoins from. I have been looking at Gemini.com, but I do not know whether they are good, or if another would be better. I plan to link my bank account, and buy some each month, but I want to avoid having my identity stolen, or having my bank account cleaned out. I am not willing to provide my social security number to any party I do not trust completely.  Also, I am a US citizen, living in America, and using United States Dollars. Any advice on which route I should take would be greatly appreciated.

I am in the US too and the first exchange I started using (and still use sometimes presently) is Coinbase. It's US Regulated and very easy to use. If you decide to use Coinbase here is a link that will give you $10
In free bitcoin if you deposit a minimum of $100: https://www.coinbase.com/join/59750d034d3af202774f6d1e

I also use others such as Kraken and Bittrex. They too are based in the US as well however I don't recommend them for someone just starting out using crypto exchanges. They are a little bit more technical and it's probably best to become familiar with making some small purchases with Coinbase in the beginning and then once you feel more comfortable placing crypto orders then you could move to the more technical exchanges and I recommend using Kraken/Bitrexx for that. GDax is also good but it's very technical as well.

Like I said, I am in the US as well so if you need help going through the process I will be more than happy to help you out. It would be my way of "paying it forward" to those who had been there for me when I started out. Just PM if you want some guidance.

Great thread OP and thank you for your help!
cryptobaht
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September 05, 2017, 02:45:47 AM
 #24

localbitcoin is an easy place to start.
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September 05, 2017, 05:34:36 AM
 #25

I am a newbie in Crypto currency also and based on what I've read so far you need to find a good wallet to store your funds. I recently discovered Abra and I find it good because it doesn't have charges. I've done two transactions so far. As for trading I use Bittrex as I bought Lisk and Neo two weeks ago. I am not sure if you are aware but there are crypto currencies who aren't offered under one trading platform so others use C-Cex, Poloniex etc depending on what crypto you are going to buy.
Yaneman
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September 06, 2017, 04:45:53 AM
 #26

there are several exchanges which you can use

bitfinex
poloniex
kraken
bitstamp
gdax
gemini

these are the biggest and most trusted. check them all and decide which one is best for you
as for anonymity you can use localbitcoins...

I would add bittrex to this list aswell
TatjanaMiller
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September 06, 2017, 12:50:54 PM
 #27

Precious answer guys
Do you think HongKong is a potentially good market for ICO?
SushGo
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September 06, 2017, 02:44:09 PM
 #28

You can buy the bitcoins from any exchange or from localbitcoins.com.
Sp1derWeb
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September 06, 2017, 08:27:14 PM
 #29

There are a lot of methods including those mentioned above. You can also find a bitcoin ATM close to you or look for sellers in your area to buy bitcoins in an in-person transaction.
Links:

Have you in any way used a bitcoin atm? Are they reliable, I mean are transactions 100% successful? What about payment, do bitcoin atm charge less or more than those exchanges? Thanks.

" Bitcoin, You Can Rest Now... "  -RaiBlocks/NANO (https://nano.org/en)
WaterPower
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September 08, 2017, 11:54:27 AM
 #30

coinbase, kraken, coinjar. These are all trusted bitcoin sellers. You can also look in localbitcoins, they might have some cheap offers.
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September 08, 2017, 12:28:10 PM
 #31

I have decided to begin both swing trading of bitcoins and trading some bitcoins with altcoins on a few smaller exchanges. I will have money each month from a side job to put into this, but I need a good, trusted exchange to buy my first bitcoins from. I have been looking at Gemini.com, but I do not know whether they are good, or if another would be better. I plan to link my bank account, and buy some each month, but I want to avoid having my identity stolen, or having my bank account cleaned out. I am not willing to provide my social security number to any party I do not trust completely.  Also, I am a US citizen, living in America, and using United States Dollars. Any advice on which route I should take would be greatly appreciated.
If you are the citizen of US then i don't think you need to take much tension about this because i have many friends in the social media platforms who belongs from US and they are saying that for them to make deals with bitcoin and doller is a funny and simple work because many platfrom are available to handle bitcoin/usd .
Herr my suggestion for you to get into two place according to your recuirments , first option for you is Xapo and second option is LBC .
Xapo is best paltfrom to make direct buy/sell and LBC is a escrow platfrom because deals will done between two persons directly but that will needed some time according to as both side of person are active and want to make deal .
So According to your need both of them are better , you can choose between these two According to your need .
loragean03
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September 08, 2017, 02:22:05 PM
 #32

I have decided to begin both swing trading of bitcoins and trading some bitcoins with altcoins on a few smaller exchanges. I will have money each month from a side job to put into this, but I need a good, trusted exchange to buy my first bitcoins from. I have been looking at Gemini.com, but I do not know whether they are good, or if another would be better. I plan to link my bank account, and buy some each month, but I want to avoid having my identity stolen, or having my bank account cleaned out. I am not willing to provide my social security number to any party I do not trust completely.  Also, I am a US citizen, living in America, and using United States Dollars. Any advice on which route I should take would be greatly appreciated.

I am in the US too and the first exchange I started using (and still use sometimes presently) is Coinbase. It's US Regulated and very easy to use. If you decide to use Coinbase here is a link that will give you $10
In free bitcoin if you deposit a minimum of $100: https://www.coinbase.com/join/59750d034d3af202774f6d1e

I also use others such as Kraken and Bittrex. They too are based in the US as well however I don't recommend them for someone just starting out using crypto exchanges. They are a little bit more technical and it's probably best to become familiar with making some small purchases with Coinbase in the beginning and then once you feel more comfortable placing crypto orders then you could move to the more technical exchanges and I recommend using Kraken/Bitrexx for that. GDax is also good but it's very technical as well.

Like I said, I am in the US as well so if you need help going through the process I will be more than happy to help you out. It would be my way of "paying it forward" to those who had been there for me when I started out. Just PM if you want some guidance.

good to hear that theres a lot of people who can help others and share their experience for those newbie that has a problem like this, i am newbie too so i appreciates all of this people who willing to help others, god bless you guys.
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September 08, 2017, 02:35:32 PM
 #33

As a US resident, I used Coinbase for my first purchase.  If you know someone with Coinbase, they can give you a referral link and you'll get $10USD for a $100 purchase of Bitcoin.  I used this to cover my fees for converting USD to BTC.  I initially setup for a bank transfer of $100 ($2.99 fee) but was going to have to wait  a week (due to weekends/holidays), so I used a debit card for another $100 ($3.99 fee).

I use Bittrex to convert BTC to Altcoins.  I'm still new myself, but so far it has been a painless process.
BitcoinLoan
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October 02, 2017, 04:53:35 PM
 #34

I have decided to begin both swing trading of bitcoins and trading some bitcoins with altcoins on a few smaller exchanges. I will have money each month from a side job to put into this, but I need a good, trusted exchange to buy my first bitcoins from. I have been looking at Gemini.com, but I do not know whether they are good, or if another would be better. I plan to link my bank account, and buy some each month, but I want to avoid having my identity stolen, or having my bank account cleaned out. I am not willing to provide my social security number to any party I do not trust completely.  Also, I am a US citizen, living in America, and using United States Dollars. Any advice on which route I should take would be greatly appreciated.

gdax is the best in my opinion. I am using this page every time when i want sell some bitcoin. I realy recommended this site
BernardoGomes
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October 02, 2017, 07:19:35 PM
 #35

I use Kraken, took a while to verify my account but never had problem with the software. It's a good option for me.

But possibly there is other options suggested here that are quicker in terms of verification.
jagmrx
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October 02, 2017, 09:23:29 PM
 #36

I use Kraken, took a while to verify my account but never had problem with the software. It's a good option for me.
But possibly there is other options suggested here that are quicker in terms of verification.

Depends where you are from but Coinbase (GDAX) is top notch.

The best place to buy Bitcoins for the first time is through local exchangers in your country. Usually you just need an online trasactions where you can transfer your money to their bank account, and they will transfer the Bitcoin to your wallet. As simple as that. But, you must find the trusted exchangers.
Sp1derWeb
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October 03, 2017, 08:04:55 AM
 #37

I don't know if Coins.ph works as an exchange but I like it a lot. The transactions is almost near instant and the support is really awesome.

" Bitcoin, You Can Rest Now... "  -RaiBlocks/NANO (https://nano.org/en)
Sohailul
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October 03, 2017, 09:04:55 AM
 #38

If you want to buy your first bitcoin so you can use some best trading sites like bittrex, bitfinex and poloniex etc. You can buy bitcoin from this sites. So hurry now bitcoin price increasing. Best of luck.
Yurkov
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October 03, 2017, 03:07:39 PM
 #39

I have decided to begin both swing trading of bitcoins and trading some bitcoins with altcoins on a few smaller exchanges. I will have money each month from a side job to put into this, but I need a good, trusted exchange to buy my first bitcoins from. I have been looking at Gemini.com, but I do not know whether they are good, or if another would be better. I plan to link my bank account, and buy some each month, but I want to avoid having my identity stolen, or having my bank account cleaned out. I am not willing to provide my social security number to any party I do not trust completely.  Also, I am a US citizen, living in America, and using United States Dollars. Any advice on which route I should take would be greatly appreciated.
Coinbase/ lykke most people buy there cause those sides are the most popular and people recommend them on internet. Regards.

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