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Author Topic: Purchasing Bitcoin  (Read 939 times)
Germany1 (OP)
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November 05, 2017, 01:04:01 AM
 #1

Apologies for being so basic, but what is a reputable site to purchase bitcoin?
Secondly, has anyone had a good experience with Etherium? Thanks.
mcb5181
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November 05, 2017, 02:03:46 AM
 #2

I guess you could use an exchange, like Coinbase or Blockchain.info, which offer Bitcoin for USD and also manage your wallet for you. There are fees of course. Probably the simplest way to get into it.
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November 05, 2017, 02:14:44 AM
 #3

coinbase is essentially the apple of wallets. For simple interface and streamlined purchasing its fine. If you want to be able to trade any other types of coins I would suggest a different wallet.
Coin.Master636
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November 05, 2017, 02:52:03 AM
 #4

Kraken.com is a pretty nice exchange. You can fund your account with USD, EUR and cryptos. Most of the popular cryptos are up for trading at the exchange.

There are limits if you don't officially identify yourself.

One warning: set up two-factor authentication for everything in the security settings. Not only for logging in or trading, but every option.

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The Sceptical Chymist
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November 05, 2017, 03:03:00 AM
 #5

Kraken.com is a pretty nice exchange. You can fund your account with USD, EUR and cryptos. Most of the popular cryptos are up for trading at the exchange.

There are limits if you don't officially identify yourself.

One warning: set up two-factor authentication for everything in the security settings. Not only for logging in or trading, but every option.
You're not going to be able to buy much of anything for cash on an exchange if you don't do the whole KYC thing. 

Coinbase was pretty good for me until they nuked my account.  I sort of miss them, but I miss Circle even more <sigh>.  Coinbase is pretty reliable, and they're regulated, so they don't get away with bullshit that other exchanges might.  Same goes for Kraken, I think.  I was going to give them my identity to be able to buy with fiat, but they couldn't read my drivers license from the picture I sent them, so I said screw it. 

Are you in Germany?  Not sure if Coinbase is available for countries other than the US, so maybe someone here can verify that.  Stay away from exchanges like Yobit and ones where you can't find any info about who runs them.

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Ramsay555
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November 05, 2017, 03:04:56 AM
 #6

I think you could use exchange, like in my country we basically use localbitcoin which using p2p puchase or luno.
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November 05, 2017, 03:46:30 AM
 #7

Its too late to buy bitcoins but if you still want it you can buy on exchanges

Bitfinex
Binance
Bittrex

However, you will be needing to follow their requirements. good luck

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November 05, 2017, 04:06:11 AM
 #8

Apologies for being so basic, but what is a reputable site to purchase bitcoin?
Secondly, has anyone had a good experience with Etherium? Thanks.

bittrex and kraken, both the largest markets in cryptocurrency. for ethereum I have no adverse experience, maybe losses in ethereum,buy token deviden that cause wrong investment.
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November 05, 2017, 04:14:51 AM
 #9

There are lots of exchange market for you to be able to buy or trade bitcoin. Coinbase is an example of that for the most basic usage but of course, you try others like Bittrex and hitbtc.
Try it for yourself and enjoy.

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November 05, 2017, 04:59:32 AM
 #10

First, specify which country you are as you know that bitcoin is global and some country declared it as illegal so. Usually, every country has its own shenanigans. Normally, people purchase it at an exchange.

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November 05, 2017, 05:15:16 AM
 #11

Apologies for being so basic, but what is a reputable site to purchase bitcoin?
Secondly, has anyone had a good experience with Etherium? Thanks.

Ethereum is awesome! Find out more about them at https://www.propthereum.io Propthereum ICO crowdsale will run off a decentralized Smart Contract that runs on the Ethereum Blockchain. It is secured with a 256-bit encryption which makes it secure and reliable. Propthereum Tokens will be minted as PTCs. These coins are a digital representation tracking the funding of our ICO and crowdsale. The pre-ICO token sale will take place on November 10, 2017 at 12PM GMT.
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November 05, 2017, 05:33:20 AM
 #12

bitstamp both bitstamp and bitfinex are fine, both are older exchanges and have a high level of security.
Germany1 (OP)
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November 05, 2017, 07:10:43 AM
 #13

Thanks Everyone.
I'm located in Australia, so if there is any advice out there for buying bitcoin for someone located in Australia?
Thanks
no0dlepunk
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November 05, 2017, 07:18:11 AM
 #14

Apologies for being so basic, but what is a reputable site to purchase bitcoin?
Secondly, has anyone had a good experience with Etherium? Thanks.
Use bittrex and swipe your credit card dude. Ethereum is good especially if you were able to buy at $35. Personally, I buy bitcoins at coins.ph because that is the only spot where I can score bitcoins straight with my paper trash money. Good luck to you, noobie.
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November 05, 2017, 07:22:01 AM
 #15

Apologies for being so basic, but what is a reputable site to purchase bitcoin?
Secondly, has anyone had a good experience with Etherium? Thanks.
You  can buy bitcoin from coinbase,localbitcoins.com or paxfull.com. These site have a good reputation.But coinbase withdraw fee is high than others Smiley
what do you want to know about Ethereum? you mean future of this coin or want to buy from a good exchanger? Actually I can't understand  Huh
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November 05, 2017, 08:07:12 AM
 #16

Apologies for being so basic, but what is a reputable site to purchase bitcoin?
Secondly, has anyone had a good experience with Etherium? Thanks.

coinbase.com is one of the best exchange website for buying bitcoin. You can also purchase some bitcoins in localbitcoins.com using your fiat money. To your second question, do you mean the overall experience on etherium? Its good when you are a pioneer in having this coin. i just use it for converting my altcoins to eth using exchange.

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November 05, 2017, 08:10:56 AM
 #17

I will recommend cryptopia no kyc and very fast in operation

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November 05, 2017, 08:19:41 AM
 #18

Well you know... Its different for.. Every..country... You should first state from which country you belong to ..then only can... Everyone give their suggestions.
For example in India.. the safest way to.. buy bitcoins is through an offline wallet called zebpay..ypu do need ypur pan card ,aadhar card, bank account details and address proof for this and when everything is verified and..ypur account is approved you can do many things from there..and one of them is buying bitcoins... They do charge.. for..that.. Also their.. buying and selling rates shows a considerable amount of difference and I don't even know why is that...
And..onto your second question about etherum.. no I have never invested in it nor.. Thought about investing...there are my friends doing that but..I choose..to stick with bitcoins and..I think any alternate cryptocurrencies will just divide my time and attention.

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November 05, 2017, 08:25:50 AM
 #19

One reutable exchange site I could say is Bittrex if you wanted to purchase Bitcoin and Xapo.com although the fees are way to expensive now. It really depends in which country you are from but you could try google and do a research on sites that are to be trusted because for sure you are buying them from your credit card right?
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November 05, 2017, 08:34:21 AM
Last edit: November 05, 2017, 11:58:58 AM by bbcolex
 #20

You can buy at your localbitcoins and do meet ups , some seller sells way cheaper than exchanges or online store that offer bitcoin. Also  you can make  sure your bitcoin will arrive and on the spot transaction is always better. But if you still insist on buying online , I prefer remittano they offer escrow service, you just need to pay little fees for their service.
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