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Author Topic: Where/how to buy BTC  (Read 924 times)
n00bsaibot (OP)
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November 11, 2017, 03:51:37 AM
 #1

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?
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November 11, 2017, 03:59:04 AM
 #2

I think Coinbase is still the best place to buy using USD in my opinion. I think it still remains the most trusted. Maybe try buying using a small amount of USD just to be sure? If you wanted to buy with something like PayPal though, try using localbitcoins.com

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n00bsaibot (OP)
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November 11, 2017, 04:02:55 AM
 #3

...... It is a nice place to buy and also exchange it for altcoins....

Like that "nice place" part. Will look them up
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November 11, 2017, 05:23:03 AM
 #4

Everybody's experience will be different from time to time when you deal with bitcoin service provider. I have been using coinbase for many years and I do not have any problem with them. You can also meet people one on one to trading  bitcoin USD. But you must learn how to do this kind of trading. All the resource you will ever need is on bitcointalk.
n00bsaibot (OP)
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November 13, 2017, 06:32:08 PM
 #5

Everybody's experience will be different from time to time when you deal with bitcoin service provider. I have been using coinbase for many years and I do not have any problem with them. You can also meet people one on one to trading  bitcoin USD. But you must learn how to do this kind of trading. All the resource you will ever need is on bitcointalk.


I get that forums posts are based on personal experiences/opinions and I do appreciate your answer. I will definitely read a bit more before I put any $$$.
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November 13, 2017, 11:00:03 PM
 #6

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?

I personally prefer Localbitcoins platform for all my buying selling requirements. They are not a direct exchanger but they provide a platform and a free escrow facility to safely execute such trades. Once you log in, you will see open trade offers from your country. Open a trade request, then transfer the amount to the seller's bank account, receive the agreed amount of bitcoins to your wallet. However, don't try with a very big amount at the initial stage.instead do small transactions just to be on a safer side.

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November 13, 2017, 11:12:06 PM
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Whatever you do, dont use coinbase, you are going to get a lot of issues in there and it is the worst exchange that has ever existed. Better to use localbitcoins and buy your own bitcoins to the person that you most trust.
Because it is a p2p exchange, you can choose to deal directly to the seller in person and it would be a much more safer operation, i really suggest this exchange to you.
I sell my bitcoins to a guy who is always buying bitcoins, and all the transactions are smoothly.
It is the best exchange that bitcoin has at the moment.

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November 13, 2017, 11:21:00 PM
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Bit panda worked pretty nice for me, and the fees were quite low actually compared to coinbase
n00bsaibot (OP)
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November 14, 2017, 12:06:12 AM
 #9

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?

I personally prefer Localbitcoins platform for all my buying selling requirements. They are not a direct exchanger but they provide a platform and a free escrow facility to safely execute such trades. Once you log in, you will see open trade offers from your country. Open a trade request, then transfer the amount to the seller's bank account, receive the agreed amount of bitcoins to your wallet. However, don't try with a very big amount at the initial stage.instead do small transactions just to be on a safer side.

Seems like most of the ppl on here had pretty good experience with localbitcon so I will try a small amount there for starters.
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November 14, 2017, 01:54:38 AM
 #10

According to me coinbase would be your best option to buy bitcoins for USD.
They are trusted and the transaction is fast .
I would also like to suggest Xapo ,they are also trust worthy and I have used both of them and was thoroughly satisfied.
n00bsaibot (OP)
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November 14, 2017, 02:00:28 AM
 #11

According to me coinbase would be your best option to buy bitcoins for USD.
They are trusted and the transaction is fast .
I would also like to suggest Xapo ,they are also trust worthy and I have used both of them and was thoroughly satisfied.

Will make a decision this week ... currently reading FAQs and reviews for all of previously mentioned sites
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November 14, 2017, 02:00:50 AM
 #12

I think coinbase is a great place for you to trade. because buy with USD money .. it's just necessary conversion anntara local money anada to USD form so you can do transaction. for other places you can use poloniex or bittrex because I think both platforms are good.
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November 14, 2017, 03:25:09 AM
 #13

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?

Coinbase is a legitimate place to buy Bitcoins. You have to set up your account and supply some identification and a bank account to draft your US dollars from. Once you get that all set up, you can buy Bitcoins, Litecoin, or Etherium.

Another place to buy is localbitcoins but I have not bought through that website. My understanding is that you can use this site to find people in local area that can meet you to make a transaction in person.
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November 14, 2017, 10:28:04 AM
 #14

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?

Bittrex also good exchnage that you buy bitcoin just for holding maybe trading.
They have many options of altcoin too. So you can try to trade altcoin too.
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November 14, 2017, 11:26:15 AM
 #15

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?
Well, I never have any issue with coinbase before but you can buy bitcoin through this forum members and the only thing you have to do is create a thread for it and can also use exchange like localbitcoin, yobit, gemini,gdax etc.

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November 14, 2017, 11:30:51 AM
 #16

I haven't use yet but cex.io is another popular btc seller.

localbitcoins is also very popular but you need to find trustable seller.

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November 14, 2017, 11:53:07 AM
 #17

You can also try Xapo.com although its transaction fee is quite high compared to other exchange sites but they are legit and are safe to use. I've tried to use Xapo using my credit card and it worked perfectly fine and fast as well.
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November 14, 2017, 11:54:23 AM
 #18

Hello, I have been reading on here for days and still cant figure out where to buy BTC for USD. See that many on here having issues with Coinbase and Kraken.

Any other legit places?

You can use exchanges like bittrex or poloniex or else you can buy in localbitcoins also where all types of currency and users are their which supports lot of fiat currency transactions.
n00bsaibot (OP)
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November 14, 2017, 12:12:04 PM
 #19

You can also try Xapo.com although its transaction fee is quite high compared to other exchange sites but they are legit and are safe to use. I've tried to use Xapo using my credit card and it worked perfectly fine and fast as well.

What is considered to be a high fee?
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November 14, 2017, 04:58:12 PM
 #20

Here in the Philippines we used coins.ph as our bitcoin wallet. We have some bank, remittances and  7-eleven where we have to cash-in and have balance in our Philippine wallet in cpins.ph and then convert that peso in bitcoin. That is our way of buying btc.
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